The American Express Gold Rewards Card has undergone significant improvements, offering cardholders a host of enhanced benefits.
With a raised annual fee of $250, the card now provides a $100 statement credit for existing cardholders, allowing them to maintain the previous fee for a year.
The welcome bonus has also been upgraded to a generous 60,000 MR points, on par with the Platinum Card.
Additional perks include a $100 annual travel credit, a $50 statement credit on NEXUS purchases, and access to Plaza Premium lounges and Priority Pass membership.
With a sleek metal design, the new Gold Rewards Card offers a premium experience for users.
Increased Annual Fee and Statement Credit
The annual fee for the American Express Gold Rewards Card has increased to $250. However, current cardholders will receive a $100 statement credit, allowing them to keep the card at the previous $150 annual fee for a year.
This increase in annual fee has raised concerns among cardholders about the impact on their wallets. However, the $100 statement credit provided to current cardholders helps offset the increased cost, making it more manageable.
When compared to other Amex cards, the Gold Rewards Card’s statement credit is quite generous. Many other cards offer lower statement credits or none at all.
Therefore, despite the increase in the annual fee, the Gold Rewards Card still provides significant value to cardholders.
Enhanced Welcome Bonus
Now, the revamped version of the American Express Gold Rewards Card offers a welcome bonus of up to 60,000 (plus 10,000) MR points, doubling the previous welcome bonus. This puts the Gold Rewards Card in the same range as the offers the Platinum Card used to have.
By getting the new Gold Rewards Card, cardholders can enjoy the same welcome bonus as the Platinum Card for half the price. This enhanced welcome bonus is a significant advantage for those looking to maximize their rewards.
In comparison with other credit cards, the Gold Rewards Card now stands out with its generous welcome bonus. Existing cardholders will also benefit from this new offer, allowing them to earn more points and enjoy a greater value from their card.
Added Travel Credits
With the addition of a $100 annual travel credit, cardholders can now take advantage of more value from their membership. The travel credit can be applied to any booking of $100 or more on the Amex Travel website, including air tickets, hotels, car rentals, and cruises. This allows cardholders to effectively reduce the annual fee back to $150 in future years. By applying travel credits and maximizing rewards points, cardholders can get the most out of their Gold Rewards Card. The table below shows how the addition of the travel credit enhances the benefits of the card:
|$100 Travel Credit||Can be applied to bookings on Amex Travel website||Up to $100/year|
|Maximizing Rewards Points||Earn points for travel expenses||Variable|
|Enhanced value||Reduces the effective annual fee||$100/year|
Stylish Card Design
Featuring a sleek metal design, the updated Gold Rewards Card offers a stylish and modern look for cardholders. The metal card benefits not only enhance the aesthetic appeal but also provide durability and a premium feel.
Cardholders have shown a preference for metal cards due to their durability and the statement they make when presented for payment. The Gold Rewards Card meets these customer preferences by offering a metal option in both the classic Gold finish and the new Rose Gold color. This allows users to personalize their card to match their style.
The metal design not only adds a touch of luxury but also ensures that the card can withstand the wear and tear of daily use.
Overall, the stylish card design of the Gold Rewards Card appeals to customers who value both form and function in their credit cards.
The $50 statement credit for NEXUS purchases is a valuable perk offered by the updated Gold Rewards Card. The NEXUS program is a trusted traveler program that allows expedited border crossings between Canada and the United States.
With this credit, cardholders can receive a $50 statement credit every four years when they charge a NEXUS application or renewal fee to their card. While there may be some costs due to the exchange rate, the credit provides additional value to cardholders who frequently travel between the two countries.
Being a trusted traveler in the NEXUS program can help save time and make the border crossing process more efficient. By offering this perk, the Gold Rewards Card caters to the needs of frequent travelers who frequently cross the Canadian-American border.
Lounge Access at Plaza Premium Lounges
Cardholders of the updated Gold Rewards Card can enjoy access to Plaza Premium lounges in Canada. This partnership with Plaza Premium provides enhanced lounge access benefits for cardholders. Here are three reasons why this partnership is beneficial:
Wide Availability: Plaza Premium lounges are located in major Canadian cities, offering cardholders convenient access to comfortable and stylish airport lounges.
Premium Amenities: Plaza Premium lounges provide a range of amenities, including complimentary food and beverages, comfortable seating, high-speed Wi-Fi, and shower facilities, enhancing the travel experience.
Relaxation and Productivity: With access to Plaza Premium lounges, cardholders can unwind in a peaceful environment before their flights or make use of the lounges’ business services to stay productive while on the go.
Overall, the Plaza Premium partnership adds significant value to the Gold Rewards Card by providing cardholders with exclusive lounge access benefits.
Priority Pass Membership
Previously, we discussed the lounge access benefits of the American Express Gold Rewards Card, specifically at Plaza Premium lounges. Now, let’s shift our focus to another aspect of lounge access: Priority Pass membership.
Along with the four annual visits to Plaza Premium lounges, cardholders also receive a complimentary membership with Priority Pass. This membership grants access to over 1,300 airport lounges worldwide. However, it is worth noting that each lounge visit with Priority Pass is subject to a $32 USD per visit fee.
While the Gold Rewards Card offers greater lounge access benefits on the Plaza Premium side due to their presence at Canadian airports, the inclusion of Priority Pass membership expands the card’s reach to international lounges. This additional perk further enhances the value of the American Express Gold Rewards Card for frequent travelers seeking a luxurious airport experience.
Premium Feel With Metal Card
Featuring a sleek metal design, the new Gold Rewards Card offers a premium feel that elevates the cardholder’s experience. The metal card’s durability ensures that it can withstand the daily wear and tear of being in a wallet or purse, providing a long-lasting and sturdy option for cardholders.
This appeals to individuals who value a durable and high-quality card that can withstand their active lifestyle. Additionally, the metal card adds a touch of sophistication and elegance, appealing to those who prefer a more luxurious aesthetic.
With its sleek design, the Gold Rewards Card aligns with cardholder preferences for a visually appealing and durable card that enhances their overall experience.
Rose Gold Color Option
The new Rose Gold color option provides a stylish and unique choice for users of the revamped Gold Rewards Card. This color has gained popularity in recent years, becoming a sought-after option for fashion accessories and electronics. American Express has taken note of this trend and now offers the Rose Gold color as an alternative to the traditional Gold finish. Customer feedback on the new card design has been overwhelmingly positive, with many users appreciating the sleek and modern look of the metal card. The Rose Gold option adds a touch of elegance and sophistication, making it a popular choice among cardholders. The addition of this color option has further enhanced the appeal of the Gold Rewards Card, attracting a wider range of customers who want a card that not only offers great benefits but also reflects their personal style.
|Stylish and unique||Limited availability|
|Sleek and modern look||May not appeal to all customers|
|Adds elegance and sophistication||Limited to the revamped Gold Rewards Card|
|Reflects personal style|
|Attracts a wider range of customers|
Value-added Benefits for Frequent Travelers
Frequent travelers can take advantage of valuable perks and privileges offered by the revamped Gold Rewards Card. Here are some key benefits that make this card a great choice for frequent travelers:
Travel credit redemption process:
The Gold Rewards Card now includes a $100 annual travel credit, similar to the Platinum Card’s $200 annual travel credit.
The travel credit can be applied to any booking of $100 or more on the Amex Travel website, including air tickets, hotels, car rentals, and cruises.
The travel credit counts on refundable reservations, effectively reducing the annual fee back to $150 in future years.
Comparison of lounge access benefits with other credit cards:
The Gold Rewards Card includes four annual visits to Plaza Premium lounges in Canada, providing greater lounge access benefits for frequent travelers.
Cardholders also receive a complimentary membership with Priority Pass, but each lounge visit is subject to a $32 USD per visit fee.
The Gold Rewards Card offers a competitive lounge access program, given Plaza Premium’s large presence at Canadian airports.
With these perks, the Gold Rewards Card is a valuable choice for frequent travelers seeking travel credits and lounge access benefits.