At the moment the American Express® Gold Card (review) is offering an incredible welcome bonus of 60,000 Membership Rewards points after spending $4,000 within six months, which is the best publicly available bonus we’ve ever seen on the card. This is an exceptional card, given that it offers 4x points at restaurants, and 4x points at U.S. supermarkets (on up to $25,000 of spending per calendar year).
If you’ve been on the fence about this card, there’s now yet another great reason to add it to your wallet.
Amex Gold Card adjusts credit benefits
- A $120 annual dining credit, made up of a $10 per month statement credit when you pay with your card at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations
- A $100 annual airline fee credit, valid towards select fees on a designated airline
Well, the credits offered by the Amex Gold Card will be changing shortly. While the $120 annual dining credit is sticking around, the $100 annual airline fee credit is being eliminated and replaced by something that’s (arguably) better.
Amex Gold eliminating airline fee credit
As of January 2022, the Amex Gold Card will be losing its $100 annual airline fee credit. You still have 2020 and 2021 to potentially take advantage of this benefit.
Ultimately I don’t view this as that much of a loss:
- This card is all about restaurants, so the airline fee credit tie-in always seemed a bit strange
- Amex’s airline fee credits can be tough to use (or at least maximize), especially in an era where airlines are waiving change fees
The Amex Gold Card is losing its airline fee credit as of 2022
Amex Gold adding Uber credit
As of early 2021, the Amex Gold Card will be getting a new $120 annual Uber credit. This will work similar to the Uber credit on the Amex Platinum Card. You’ll get a $10 monthly credit valid towards U.S. Uber rides and Uber Eats purchases.
Personally I find this benefit much easier to use than the airline fee credit, not to mention this it’s potentially 20% more valuable, given the cap of $120 vs. $100.
The Amex Gold Card is getting a new Uber credit as of 2021
Get $440 (or more) worth of credits by the end of 2021
Personally I think the Amex Gold Card is a keeper long term, but this change in credits is all the more reason to pick up this card right now. If you get the Amex Gold now, you’re potentially looking at getting the following credits between now and the end of 2021:
- You can still use an airline fee credit for 2020
- Then you can use an airline fee credit for 2021 (as it’s only being eliminated as of 2022)
- Then you can start using the $120 annual dining credit as soon as you’re approved, at the rate of $10 per month
- Then in early 2021 you can start using the $120 annual Uber credit, at the rate of $10 per month
The Amex Gold will continue to offer up to a $120 annual dining credit
The Amex Gold Card is already one of the all-around best cards for those who spend a lot on food, whether dining out, getting delivery, or shopping at supermarkets. I think this card is totally worth it for anyone who doesn’t have it, especially given the current 60K bonus.
We’re now seeing the Amex Gold add a new Uber credit of up to $120 annually as of 2021, and then the $100 airline fee credit will be eliminated as of 2022. I like this change long term, but it’s even better in the short term, since you’ll be able to take advantage of all three credits.
What do you make of the Amex Gold $100 airline fee credit being replaced by the $120 Uber credit?
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Gold Card (Rates & Fees).