6 Little-Known Perks of the Amex Corporate Gold Card

The American Express® Business Gold Card has some well-known (and well-advertised) perks, including 4 points per dollar for your top two spending categories per month from the following list:

• Air tickets purchased from airlines.
• Buy US for advertising in some media.
• Purchased in the US for shipping.
• America buys goods at a gas station.
• America buys goods at a restaurant.
• US purchases are made from selected technology vendors.

The card’s welcome offer is also sizable: you’ll earn 70,000 bonus points after spending $10,000 on qualifying purchases with your card during the first 3 months of your card membership.

Still on the fence? Here are six lesser-known perks that can be sold to you on Amex Business Gold.

Following the lead of several other Amex cards, Amex Business Gold offers a discount when redeeming your points for airfares through the Amex Travel portal.

While you need to have sufficient points in your account at the time of booking, a 25% refund (which will be credited to your account within 6-10 weeks) gives you the maximum redemption value. minimum is 1.33 cents per point. This number is still lower than TPG valuation of Membership Rewards 2 cents each, but this can still be a large number under the right circumstances.

If you find cheap cash fares, you may have to pay less miles to pay with points than transfer to a travel partner to put. You’ll also earn both preferential and redeemable miles when you book these bookings, which can help keep your elite status and increase your profits. This discount is capped at 250,000 points a year and is valid on all first and business class tickets, as well as economy class tickets for your chosen airline.

The Amex Business Gold automatically enrolls all cardholders in the Timed Payout program, which gives you the option to exercise your balance and payment structure for fees over $100. However, interest rates are very high, ranging from around 15-25% depending on your credit history.

While this may not be your first choice for managing your cash flow, it is a good option if you need it in a pinch.

With the main theme of rewarding larger businesses, Amex Business Gold card offers a comprehensive set of account management tools. For a flat fee of $50 a year (waived for the first year), you can add up to 99 employee cards.

You can also designate an employee as your account manager, allowing you to delegate billing tasks, add employee cards, and track expenses to someone you consider trusted. Or use Amex’s receipt matching feature, which lets you upload receipts from mobile or desktop devices, tag and annotate transactions, and even sync with QuickBooks to keep it all Your whole accounting is streamlined.

Amex Business Gold Card members will also enjoy the benefits of booking some travel. In addition to earning points when booking through Amex Travel, you’ll enjoy a $100 experience credit to spend on qualifying dining, spa and resort activities.

You are also eligible for a room upgrade upon check-in, if applicable. Some room types are not eligible for an upgrade.

And like all Amex cards, you will have access to Offers of Amex, which can save you money or earn bonus points on purchases you’ve intended to make. Many of these offers are targeted at specific cardholders, and while this is purely anecdotal, Amex sometimes seems to target Gold and Platinum cardholders with the best deals.

Although these are not the most generous policies on the market, but Amex Business Gold offers a number of travel insurance policies in case something goes wrong while you’re on the road.

First and foremost is travel accident insurance. In the event of an accident resulting in your death, your beneficiary can be compensated if you have paid your full fare with a Business Gold Card. Note that this does not include award tickets, even if you pay taxes with your Business Gold Card.

If you use your Business Gold Card to pay for the full cost of your car rental, you’ll enjoy secondary coverage in addition to and in addition to your own personal policy in the event of theft or damage. * There are some restrictions to be aware of, such as excluded countries (e.g. Australia, Italy and New Zealand), types of vehicles excluded (off-road vehicles, limos, antiques) and the fact that you must decline the rental company’s collision damage waiver to qualify.

You will also be eligible for a refund if your baggage is lost, stolen or damaged again, if you pay the full cost of your ticket with your Business Gold Card. ** Coverage limit is $1,250 for carry-on baggage and $500 for checked baggage, and New York state residents are limited to $10,000 for all insured per trip insurance.

* Eligibility and benefit levels vary by card. Not all vehicles or rentals are covered and geographical restrictions apply. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. The policies are underwritten by the AMEX Insurance Company. Coverage is provided through American Express Travel Related Services Company, Inc.

** Eligibility and benefit levels vary by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. The policies are underwritten by the AMEX Insurance Company.

There’s something exciting and stressful about the first few days after you buy a new phone, laptop, or camera. If you use Business Gold For eligible purchases, you can enjoy up to 120 days of purchase protection against theft or accidental damage. *

You can also rest easy with extended warranty benefits. ** For eligible purchases with a warranty of five years or less, you can add up to two years to the original manufacturer’s warranty.

(This card previously offered return protection, whereby card members could receive compensation when a store did not accept an eligible item for return within 90 days of purchase.) . This benefit was removed on January 1, 2020)

* Purchase Protection is guaranteed by AMEX Insurance Company. Subject to additional terms, conditions and exclusions. For full Terms and Conditions, see americanexpress.com/PPterms. If You have any questions about a particular item, please call 1-800-228-6855, if international, collect at 1-303-273-6498.

** Extended Warranty is covered by AMEX Insurance Company. Subject to additional terms, conditions and exclusions. For full Terms and Conditions, see americanexpress.com/EWterms. If You have any questions about a particular item, please call 1-800-228-6855, if international, collect at 1-303-273-6498.

The Amex corporate yellow card explicitly targeting high-spending businesses looking for a simple, rewarding strategy that doesn’t involve managing multiple cards or thorough research and maximizing benefits.

If this is going to be your main card, these little-known perks can add a lot of value and simplicity to your life. From tools to help your business track expenses to insurance policies in case your trip goes wrong, the Amex Business Yellow Card is much more.

For American Express Business Gold card prices and fees, click here.

Additional reporting by Ryan Wilcox.