Features

Who is The Enhanced Business Gold Rewards Card Designed For?

The Enhanced Business Gold Rewards Card is designed for business owners with good to excellent credit who are looking for a charge card with no pre-set spending limit, high reward rates, and generous travel and shopping benefits. It is particularly attractive for businesses that spend a lot on airfare, gas, shipping and advertising. As with all charge cards, the Enhanced Business Gold Rewards Card must be paid in full every month, so this is not a card for businesses that need to carry a balance.

What are the Interest Rates for The Enhanced Business Gold Rewards Card?

- The Enhanced Business Gold Rewards Card is a charge card not a credit card. This means all charges made on the card are due when you receive a statement and there aren't interest rates to worry about as with regular credit cards. Of course, it also means that you can't carry a balance. In order to pay for a purchase in installments, members must first request American Express the use of its Pay Over Time Feature, in which case interest rates will be charged.

What Are the Fees for The Enhanced Business Gold Rewards Card?

The Enhanced Business Gold Rewards Card has a $175 annual fee, which is waived the first year. This is a hefty fee for a charge card, but the generous rewards program and travel benefits can easily pay for the annual fee. The card also charges a 2.7% foreign transaction fee, a $38 returned payment fee and a late payment fee of $38 or 2.99% of the amount: whichever is greater.

What Is The Enhanced Business Gold Rewards Card's Rewards Program Like?

The Enhanced Business Gold Rewards Card gives members 3 points for every dollar spent on one of five categories and 2 points for every dollar on the remaining categories. The categories include airfare, advertising, purchases at gas stations, shipping and computer hardware and software. All other purchases earn 1 point for every dollar. Notice that the bonus reward rates only apply to the first $100,000. Once that cap is reached the reward rate drops to 1 point per dollar.

The rewards program allows members to redeem points for everyday business expenses, toward travel costs or as a way to reward employees or wine and dine their clients.

What about The Enhanced Business Gold Rewards Card's Signup Bonus?

The Enhanced Business Gold Rewards Card gives new members 25,000 points once they spend $5,000 within the first 3 months of opening the account. That is roughly the equivalent of a $250 cash bonus.

Does The Enhanced Business Gold Rewards Card Have Any Other Benefits?

Travel and shopping benefits are the strongpoint of the Enhanced Business Gold Rewards Card. It includes all the usual suspects, such as baggage insurance plan, a travel accident insurance, global travel assistance, roadside assistance, car rental loss and damage insurance, purchase protection and extended warranty. It includes useful expense management tools that make it easy to set boundaries on your employer spending and stay on top of your business expenses, such as ReceiptMatch and the ability of synchronizing your charge card to QuickBooks. American Express also gives you the option of assigning a business partner or employee full or limited access to manage your account.

How Is The Enhanced Business Gold Rewards CardBetter Than Other Credit Cards?

The Enhanced Business Gold Rewards Card offers small business the flexibility of increasing their purchasing power and earn big on the categories they spend the most on. Redeeming rewards is easy and the card includes valuable shopping and travel benefits. The high annual fee and foreign transactions are a drawback, but the perks, generous signup bonus, and the triple and double points quickly pay for themselves.

  • Card Type
    Rewards
  • Customer Type
    Business
  • Card Network
    American Express
  • Minimum Age
    18
  • Late Payment Penalty
    $38
  • Returned Payment Fee
    $38
  • Foreign Currency Transaction Fee
    2.7%
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Free FICO Score
  • Lost Luggage Insurance
  • Travel Insurance
  • Air Miles
  • Cashback
  • Points
js-table-filter bizname-american-express-simplycash-business-card
0
js-table-filter ccard-type-136
js-table-filter cashback-135
12.49
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Cashback
  • No Annual Fee
  • 0% Introductory APR
Card Type Rewards
Purchases APR 12.49%
065
js-table-filter bizname-starwood-preferred-guest-business-credit-card-from-american-express
65
js-table-filter ccard-type-136
js-table-filter points-137
15.49
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-116

  • Points
  • No Annual Fee First Year
Annual Fee $65
Card Type Rewards
Purchases APR 15.49%
048
js-table-filter bizname-the-plum-card-from-american-express
250
js-table-filter ccard-type-136
js-table-filter cashback-135
js-table-filter every-purchase-138
0
0
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Cashback
  • Every Purchase
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $250
Card Type Rewards
048
js-table-filter bizname-the-enhanced-business-gold-rewards-card-from-american-express-open
js-table-filter airlines-140
175
js-table-filter ccard-type-136
js-table-filter gas-139
js-table-filter points-137
0
js-table-filter restaurants-142
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-116

  • Airlines
  • Gas
  • Points
  • Restaurants
  • Travel
  • No Annual Fee First Year
Annual Fee $175
Card Type Rewards
058
js-table-filter bizname-business-green-rewards-card-from-american-express
js-table-filter airlines-140
95
js-table-filter points-137
0
js-table-filter travel-143
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Airlines
  • Points
  • Travel
  • No Annual Fee First Year
Annual Fee $95
058
js-table-filter bizname-the-business-platinum-card-from-american-express
450
js-table-filter ccard-type-199
js-table-filter points-137
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-116

  • Points
  • No Foreign Transaction Fee
Annual Fee $450
Card Type Charge Card
148
js-table-filter bizname-the-blue-for-business-credit-card-from-american-express
js-table-filter airlines-140
0
js-table-filter ccard-type-137
js-table-filter points-137
11.49
js-table-filter travel-143
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-9
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Airlines
  • Points
  • Travel
  • No Annual Fee
  • 0% Introductory APR
Card Type Balance Transfer
Purchases APR 11.49%
058
js-table-filter bizname-gold-delta-skymiles-business-credit-card-from-american-express
js-table-filter air-miles-136
js-table-filter airlines-140
95
js-table-filter ccard-type-136
15.49
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-9
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Air Miles
  • Airlines
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $95
Card Type Rewards
Purchases APR 15.49%
Balance Transfer APR 25.49%%
008
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First and foremost, this is a charge card, not a credit card, which means you have to pay up in full every month. The annual fee is pretty hefty too, but not outrageous for the level of service you get. There is no set credit limit and the rewards program is generous. It's a good card for business owners who are doing well and don't carry balances.


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