American Express Gold Business Card

On American Express' website

Apply by 29 June 2022

American Express Gold Business Card

Highlights

  • Receive 100,000 bonus Membership Rewards points when you apply by 29 June 2022, are approved and spend $1,000 on your card within the first 2 months. New American Express Card Members only.
  • Earn up to 1.5 Membership Rewards point for every $1 spent.
  • No pre-set spending limit means more flexibility.

Pros and cons

Pros

  • Receive 100,000 bonus Membership Rewards points when you meet the criteria.
  • Earn up to 1.5 Membership Rewards point for every $1 spent.
  • No cap on how many points you can earn.
  • No pre-set spending limit means more flexibility.
  • Membership Rewards points can be transferred to a number of airlines, giving you options when booking travel.

Cons

  • The $119 fee for every additional card added.
  • Doesn't offer airport lounge access.
  • No access to concierge services.

Overview

The basics

  • Additional cardholders. You can add up to 99 additional cardholders to your account for employees. However, there is a $119 annual fee per card added.
  • Digital wallets. You can use this card with Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. This card cannot be used for gambling transactions.

Rewards and benefits

  • Complimentary travel insurance. This card comes with comprehensive international travel insurance with up to $2.5 million in medical emergency cover for you, your partner, or employees who have a card. Includes travel emergency medical insurance cover up to $2,500,000, business trip completion cover up to $20,000, travel cancellation cover up to $10,000, and personal third-party liability cover up to $1,000,000.
  • Concierge services. Unfortunately, the American Express Gold Business Card does not give cardholders access to a concierge service.
  • Insurances. Includes global fraud detection and unauthorised transaction liability coverage.
  • Rewards points. Use the American Express Gold Business Card to earn 1.5 Membership Rewards points per $1 spent on eligible transactions. All government spend, including with the ATO, earns 1 point per $1 spent. There is no limit or cap on how many points can be earned.
  • Sign up bonus. Receive 100,000 bonus Membership Rewards points when you apply by 29 June 2022, are approved and spend $1,000 on your card within the first 2 months. The welcome bonus is open to new American Express Card Members only.

Rates and fees

  • Annual fee. This card's ongoing annual fee is $169 p.a., which is reasonable for a business credit card and may be tax deductible.
  • Balance transfers. There is no balance transfer offer on this card at this time.
  • Foreign exchange fee. All purchases made in a foreign currency will encounter a 3% foreign transaction fee.
  • Interest-free period. This card offers an interest-free period of up to 51 days on purchases.
  • Purchases. The American Express Gold Business Card is a charge card. That means there is no interest charged on purchases, but the balance must be cleared every statement. There is no preset limit on how much you can spend, but Amex will monitor your spending and repayments to make sure you are not spending more than you can afford.