Amex Gold Card: For Anyone Who Loves To Eat

Amex Gold Card: For Anyone Who Loves To Eat

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Link: Apply now for the American Express® Gold Card

American Express Membership Rewards is one of the most popular transferable points currencies, and there’s arguably one best personal card for earning Amex points — the American Express® Gold Card (review). In this post I wanted to take a closer look at why this card should be in most points collectors’ wallets.

8 reasons to get the Amex Gold Card

While the Amex Gold Card has an annual fee of $250 (Rates & Fees), the card offers an excellent welcome bonus, spending bonus categories that will prove valuable for many consumers, and benefits and credits that could in and of themselves justify the annual fee.

In particular, this card is a points earning powerhouse for those who spend a lot on food, whether it’s at restaurants or at supermarkets. In this post I wanted to take a look at eight reasons you should consider picking up the Amex Gold Card, beyond the excellent welcome offer.

4x points at restaurants worldwide

It’s amazing how much credit card bonus categories have evolved over the years, and this card is the perfect example of that. The Amex Gold Card offers 4x Membership Rewards points at restaurants:

  • There’s no cap on how much you can spend and earn 4x points on
  • This applies both within the United States and abroad (and the card has no foreign transaction fees, so it’s great for international purchases)
  • This also applies for takeout and delivery, so you can even earn 4x points with platforms like Uber Eats

If you ask me, among cards open to new applicants, the Amex Gold Card is the single best card for dining. Personally I value Amex points at 1.7 cents each, meaning by my math the card offers a 6.8% return on dining spending, which is incredible.

Earn 4x Amex points on dining globally

4x points at U.S. supermarkets

Admittedly everyone eats differently — some people spend a lot dining out, while others prefer to cook. that’s the beauty of the Amex Gold Card, as it’s great no matter how you like to eat. The Amex Gold Card offers 4x Membership Rewards points at supermarkets:

  • This is valid exclusively at supermarkets in the United States, and not abroad
  • This is valid for up to $25,000 in supermarket purchases per calendar year, and after that, you earn 1x points

If you ask me, the Amex Gold Card is the single best card for supermarkets. Personally I value Amex points at 1.7 cents each, meaning by my math the card offers a 6.8% return on supermarket spending.

Earn 4x Amex points on U.S. supermarkets

Access to the Amex Membership Rewards program

The Amex Gold Card gives you full access to the value of the Amex Membership Rewards program, and this is a great “hub” card for pooling all of your Amex points:

Redeem Amex points for travel in Air France business class

$120 Uber Cash benefit

The Amex Gold Card offers up to $120 in Uber Cash annually. How does this work?

  • You receive $10 in Uber Cash each calendar month directly to your Uber account
  • This can be used toward U.S. Uber rides or U.S. Uber Eats orders, and you can use it across one or multiple transactions
  • To take advantage of this, you’ll have to add your Amex Gold Card to your Uber account, and then you can easily apply the credit through the app each month

If you spend at least $10 per month with Uber (which I think many people who would consider this card do), then that credit should more or less be worth face value.

Get an Uber Cash credit with the Amex Gold

$120 dining credit benefit

The Amex Gold Card offers up to a $120 annual benefit toward dining (enrollment required). How does this work?

  • You receive up to $10 in statement credits each calendar month
  • This benefit is valid for purchases made with the Gold Card in the U.S. with Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar, and select Shake Shack locations

While this is pretty niche, many cardmembers should be able to get at least some value out of this.

Money saving with the Amex Offers program

One of the reasons to hold onto Amex cards long term is because of the amazing value of Amex Offers. With this program, you can receive statement credits or earn bonus points with all kinds of retailers.

The more Amex cards you have, the more offers you’ll potentially be eligible for. In many cases, Amex Offers alone more than justifies the annual fees on some of my cards.

I’ve saved money on hotel stays with Amex Offers

A cool rose gold design

Personally I’d never pick a credit card based on the design, but the general public seems to disagree with me on that. Over the years we’ve seen a lot of cards switch to a metal design. While that used to be special, it’s not really unique anymore.

What is unique about the Amex Gold Card is that you can choose to have it in a rose gold metal design. Let me tell you, that design really stands out, and this is easily one of the most attractive cards out there. Again, it’s not a reason I’d get this card, but I know it gets many people excited.

The Amex Gold has a cool rose gold design option

Anecdotally easy card approval

Many people are hesitant to apply for credit cards because they’re worried if they’ll be approved. While I can’t make any guarantees, anecdotally the Amex Gold Card is one of the easier premium travel rewards cards to be approved for:

  • In general I find more people have luck getting approved for Amex cards than Chase or Citi cards
  • This is considered a “hybrid” card rather than an outright credit card, and I find those cards are often easier to be approved for
  • Since this is a hybrid card, it wouldn’t count toward Amex’s typical five card limit, meaning you could get this card even if you’re maxed out on how many Amex credit cards you can have

Why the Amex Gold Card is worth it

It goes without saying that there’s no “one size fits all” card strategy out there. However, among premium rewards cards, I think the Amex Gold Card is as close to that as it gets. Everyone has to eat, and the Amex Gold Card rewards that generously, whether you like to dine at restaurants, shop at supermarkets, or both.

Amex Membership Rewards points are extremely valuable, and earning 4x points on restaurants and U.S. supermarkets (up to $25,000 per calendar year) is a return that’s not offered by any other card.

Admittedly the card does have a $250 annual fee, which might be a deterrent to some. However, that fee is potentially almost entirely offset by the up to $240 in annual benefits you can get, between the $10 monthly dining benefit and the $10 monthly Uber Cash benefit:

  • The monthly Uber Cash benefit is useful whether you’re booking a rideshare or ordering food via Uber Eats
  • The $10 dining benefit can be used in a variety of ways; I think it’s easiest to max out with Grubhub, but there are other options as well

This is a card where I think the perks more or less offset the annual fee, and then the 4x points in two popular categories is the icing on the cake. For anyone who spends a decent amount on food, this really supercharges your points earning potential.

The Amex Gold 4x points will add up quickly

Bottom line

The Amex Gold Card is an incredibly well-rounded card for those who spend a fair amount on food, whether at restaurants or supermarkets. There’s not a single other card offering such a generous return in both of those categories.

On top of that the card offers up to $120 in annual Uber Cash, and up to $120 in annual dining credits. For many consumers, those should go a long way to offsetting the annual fee. Add in the value of Amex Offers, and many people will come out ahead with this fantastic card.

If you want to learn more about the Amex Gold Card or want to apply, follow this link.

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Gold Card (Rates & Fees).

Conversations (16)
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  1. Weymar Osborne Gold

    Can the $10 Uber credit be added to the $15 from the AmEx Plat or is it just one or the other?

    1. Ben Schlappig OMAAT

      @ Weymar Osborne -- You can apply both to the same Uber account. :-)

  2. Christian Guest

    I like the card, but there are a few downsides to it when travelling with it:

    1.Especially in Europe, not all Restaurants accept Amex.

    2. When a restaurant is associated with a Hotel (like the Haerlin in the Hamburg/DE 4 Seasons), the charge will show up as "Hotel" for 1 point, and Amex customer support will point to the card agreement, and not recode the charge.

    I recommend having the CSR as well in case you are traveling a lot.

  3. Dee Guest

    The Gold Card really doesn't get the attention it deserves. So easy to take advantage of the Uber Cash and Dining credit, chewing $240 right off the $250 AF. Also, Amex will occasionally cough up some useful dining and airline offers to add more value to the card. Also using the Green, BCP, Discover, CSP, CFF, and Venture cards, but favoring the Gold. Not many cards can beat it when it's time to eat, in or out. Gold is certainly the right name for that card.

  4. Motion to Dismiss Guest

    Am seriously considering downgrading my Sapphire Reserve to a Preferred and getting Amex Gold. I already have the Plat so this just means more of my spend will go to earning Amex MR instead of Chase UR.

  5. Luke Guest

    I wouldn't call statement credit for Grubhub "pretty niche" when it is almost similar to uber eats for coverage of most restaurants and can avoid processing/delivery fees on both platforms by placing pickup orders and finding restaurants that have same menu prices on these platforms vs directly ordering.

    That said definitely need a spreadsheet to keep track of all the available such credits across my cards which recently started including the monthly $25 dining credit...

    I wouldn't call statement credit for Grubhub "pretty niche" when it is almost similar to uber eats for coverage of most restaurants and can avoid processing/delivery fees on both platforms by placing pickup orders and finding restaurants that have same menu prices on these platforms vs directly ordering.

    That said definitely need a spreadsheet to keep track of all the available such credits across my cards which recently started including the monthly $25 dining credit for Bonvoy Brilliant card

    1. Eskimo Guest

      Amex is the biggest offender abusing the statement credit.

      This is more of Uber problem but I use Uber giftcards too and some months, Uber uses my giftcard balance before the credits. It get's annoying when you have few hundred balance that doesn't expire being used before expiring Amex credits.

  6. Henry Guest

    Anyone know if ordering Whole Foods delivery on Amazon count as grocery shopping for Amex MCC?

    1. Jan Guest

      Was aiming for this until I discovered SavorOne with a 3x dining/grocery for a no Annual fee.
      My Chase and CapitalOne combos are pretty good already that I really don’t need MR right now.

    2. Jan Guest

      I didn't mean to reply to you. I hate this comments section layout.

  7. Andrew Guest

    If you like to eat, apply through Resy and get 20% cash back at restaurants for 1 year.

  8. Mike Guest

    The US Bank Altitude Go Card gives 4X points for dining, takeout and delivery and has no annual fee. (redemptions are at 1 cents) .It makes zero sense to get the Amex Gold card which has a $250 annual fee for the same 4X dining benefits.

    1. Eskimo Guest

      An expert name @DCS will explain to you why US Bank 4X is not the same as Amex 4X

      And it makes zero sense to work hard and pay annual tax when you can collect welfare and pay no annual tax.
      Not quite the right logic.
      Never understand people who try to avoid annual fee cards. Either you get the value out of your fee or not. Just because the bar is so low for no annual fee card, doesn't mean you should get every annual fee cards before even considering paying fees.

    2. NYGuy24 Gold

      Gotta do the math. Maybe for you it doesn't work but for others it can work. The two point systems are not equal to each other so that is a false equivalency. The AF gets partially offset by the credits. Comes down to how much you spend on the bonus categories over time, how you redeem the points, whether or not you are able to utilize all the credits etc.

  9. Anthony Diamond

    Really odd why more people don't have / write about this card. Really the key card in terms of MR earning.

    1. pstm91 Diamond

      Totally agree and have also always thought this. And the 3x on airfare wasn't even mentioned. Pretty solid for those who don't want to shell out for the Plat.

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Anthony Diamond

Really odd why more people don't have / write about this card. Really the key card in terms of MR earning.

3
Christian Guest

I like the card, but there are a few downsides to it when travelling with it: 1.Especially in Europe, not all Restaurants accept Amex. 2. When a restaurant is associated with a Hotel (like the Haerlin in the Hamburg/DE 4 Seasons), the charge will show up as "Hotel" for 1 point, and Amex customer support will point to the card agreement, and not recode the charge. I recommend having the CSR as well in case you are traveling a lot.

1
Dee Guest

The Gold Card really doesn't get the attention it deserves. So easy to take advantage of the Uber Cash and Dining credit, chewing $240 right off the $250 AF. Also, Amex will occasionally cough up some useful dining and airline offers to add more value to the card. Also using the Green, BCP, Discover, CSP, CFF, and Venture cards, but favoring the Gold. Not many cards can beat it when it's time to eat, in or out. Gold is certainly the right name for that card.

1
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