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American Express Gold Business Card

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Amy Bradney-George
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Receive 80,000 bonus Membership Rewards points and earn up to 1.5 Membership Rewards points per $1 spent with this charge card.

Take advantage of 80,000 bonus Membership Rewards Points when you apply by 21 April 2021, are approved and spend at least $1,000 on eligible purchases within the first 2 months from card approval.

80,000

Bonus points

1.5

Reward points

Per $ spent

$169 p.a.

Annual fee

51 days

Interest free period

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Details

Product NameAmerican Express Gold Business Card
Rewards programMembership Rewards Ascent
Purchase rateN/A
Annual fee$169
Interest-free periodUp to 51 days on purchases
Card typeAmerican Express
Foreign currency conversion fee3%
Available to temporary residentsNo
Joint applicationNo

Pros

  • 80,000 bonus Membership Rewards Points
  • Up to 51 days interest-free on purchases with no pre-set spending limit
  • Earn 1.5 Membership Rewards points / eligible $1 spent when you enrol
  • Get up to 99 additional cards for employees

Cons

  • Annual fee of $80 to enrol in Membership Rewards
  • Additional employee cards come at the cost of $119 per year
Rewards programMembership Rewards Ascent
Bonus points80,000
Rewards points per $ spent1.5
Rewards points capUncapped
Annual fee$169
Minimum monthly repayment100% of the closing balance outstanding
Foreign currency conversion fee3%
Cash advance fee2% or $2.50, whichever is greater
Additional cardholder fee$119
Number of additional cardholders99
Go to American Express's siteMore info

Expert review

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Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The American Express Gold Business card gives you a way to manage business expenses and earn points through the Membership Rewards Ascent program. You’ll earn 1.5 points per $1 spent on most purchases, or 1 point per $1 spent with government bodies. However, you do need to opt-in to earn Membership Rewards, which comes at a cost of $80 per year.

How to apply

You can apply for the American Express Gold Business card online and could get a response in as little as 30 seconds. Before you click through to the American Express application page, make sure you meet the eligibility requirements and have all your supporting documents and details on hand.

Eligibility criteria

  • Business requirements. You must have an active ABN (Australian Business Number) and your business must be registered for GST. You also need to have an annual business revenue of at least $75,000.
  • Credit history. You must have a good credit history with no payment defaults.
Go to Amex's siteMore info

Card benefits

  • 80,000 bonus points. You can give your points balance a boost of 80,000 bonus Membership Rewards points when you apply by 21 April 2021, are approved and spend $1,000 within the first 2 months from card approval.
  • Membership Rewards. If you register for Membership Rewards Ascent (enrolment fee of $80 per year) you will earn 1.5 Membership Rewards points per $1 spent on eligible purchases. For spending with Australian government bodies, you will earn 1 point per $1 spent. You can redeem your points for a wide range of rewards including gift cards, merchandise and travel bookings. You can also transfer your points to 9 partnered frequent flyer programs including Air New Zealand Airpoints, Singapore Airlines KrisFlyer and Virgin Australia Velocity Frequent Flyer. You can also transfer your points to your hotel loyalty account with Hilton Honors.

Rates & fees

  • Annual fee. This card charges an annual fee of $169. Please note that a separate annual rewards fee of $80 applies if you opt into the Membership Rewards program.
  • Additional cardholder fee. While you can request up to 99 additional cardholders for this account, each additional card attracts an annual fee of $119.
Go to Amex's siteMore info

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18 Comments

    Default Gravatar
    Skender
    November 30, 2018

    What’s the amount you get for the gold business card?

    Reply
      Avatarfinder Customer Care
      Jhez
      December 6, 2018

      Hello Skender,

      Thank you for your comment.

      If you’re referring to the credit limit, please note that it’s based on your credit history, spending patterns and financial resources. That will be set and determined by the issuer.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

      Reply
    Default Gravatar
    Tom
    May 21, 2017

    I have a KrisFlyer frequent flyer account and I was wondering what’s the conversion of 1 Amex rewards point to KrisFlyer miles compared to 1 Citi bank reward point.

    Reply
      Avatarfinder Customer Care
      Dee
      May 21, 2017

      Hi Tom,

      Thanks for your question.

      The conversion rates are as follows:

      1 AMEX Membership Rewards point = 1 KrisFlyer mile

      2 Citi Rewards = 1 KrisFlyer Mile (Prestige and Signature) 2.5 Citi Rewards = 1 KrisFlyer Mile (Rewards Platinum)

      For more information on the conversion rates from rewards points to frequent flyer points, please read our guide entitled, “How to transfer your credit card rewards to your frequent flyer program.”

      I hope this helps.

      Cheers,
      Anndy

      Reply
    Default Gravatar
    Ravi
    December 30, 2016

    I know I am covered for travel insurance with Gold Amex card but where can I find the details of the policy to see exactly what is covered?

    Reply
      Avatarfinder Customer Care
      Jason
      December 31, 2016

      Hi Ravi,

      Thank you for your enquiry.

      If you wish to learn more, please check our review page about the American Express complimentary travel insurance. It would be best to get in touch directly with your issuer to obtain a more specific answer and read the details of your policy. Usually, the details of your policy should be available through its terms and conditions.
      Kind regards,
      Jason

      Reply
    Default Gravatar
    susan
    November 12, 2015

    I know I am covered for travel insurance with gold amex card but where can I find the details of the policy to see exactly what is covered.?

    Reply
      Avatarfinder Customer Care
      Ysa
      November 13, 2015

      Hi Susan,

      Thanks for your inquiry.

      Please refer to the link I have forwarded to your email for the full outline of the American Express Gold Business Card insurance policy.

      Cheers,
      Ysa

      Reply
      Default Gravatar
      Edmond
      January 30, 2016

      Can you provide me with the details of insurance cover for a Gold Card member?

      Reply
      Avatarfinder Customer Care
      Sally
      February 1, 2016

      Hi Edmond,

      Thanks for your question.

      The travel inconvenience cover will cover you for flight delays, missed connections or delayed luggage when you purchase your trip on your card.

      I’ve emailed you a link to the terms and conditions for your perusal.

      I hope this has helped.

      Cheers,

      Sally

      Reply
    Default Gravatar
    Bev
    February 3, 2015

    Hi

    I’m wondering if a person who doesn’t have a business can apply for this AMEX gold business card because you state ‘Everyone can now have an AMEX gold business card.’

    I ask this because you also state ‘Please be advised that only sold traders and companies are able to apply for this charge card online. All other businesses have to speak to a specialist who will help them through the process.’

    As I have already bought my airline ticket, if I DO get an AMEX card now will I be given complimentary travel insurance or must the ticket be paid for with the AMEX card to qualify? Thank you. Bev

    Reply
      Avatarfinder Customer Care
      Jonathan
      February 3, 2015

      Hi Bev, thanks for your inquiry!

      That is correct the AMEX Gold Business requires that “only sold traders and companies are able to apply for this charge card online. All other businesses have to speak to a specialist who will help them through the process.” Also to activate the complimentary travel insurance “Cover is effective when you pay the full fare for a Trip on the American Express Gold Business Card Account or with American Express Membership Rewards points.”

      I hope this helps.

      Cheers,

      Jonathan

      Reply
    Default Gravatar
    Darren
    October 28, 2012

    Can you tell me what the 8 airline programs I can transfer my rewards over to & is it a 1 for 1 transfer

    Reply
      Avatarfinder Customer Care
      Jacob
      October 29, 2012

      HI Darren. Thanks for your question.
      American Express Rewards frequent travel partners are: Velocity Frequent Flyer (1 Membership Rewards Point for 1 Velocity Point), Air New Zealand (100 Membership Rewards Points for 1 Airpoints dollar), Asia Miles (1 Membership Rewards is equal to 1 Asia Miles), Etihad Airways (1 Membership Reward point is equal to 1 Etihad Guest Miles), Malaysia Airlines (1 Membership Rewards point is equal to 1 Enrich Miles), Singapore Airlines (1 Membership Rewards point is equal to 1 KrisFlyer Mile) & Thai Airways (1 Membership Rewards point is equal to 1 Royal Orchid Plus miles) & Virgin Atlantic (1 Membership Rewards point is equal to 1 Flying Club Mile). Cheers.

      Reply
    Default Gravatar
    Stuart
    May 16, 2012

    Can points earned on this Business Card be re-distributed to other employees?
    Can the points be used for personal expenses?

    Reply
      Avatarfinder Customer Care
      Jacob
      April 5, 2013

      Hi Stuart,

      Thanks for your question.

      If you would like to reward your employees, you can give them the rewards you have redeemed with your points, but you can’t give them the points themselves. Say you wanted to give your employees a free return flight as an end-of-year bonus, you can use the points that have been credited to the main account and book flights in their name, and then send them the vouchers/tickets.

      The same with all American Express Membership Rewards. You can’t transfer the points to their account/frequent flyer membership, but you can give them the rewards.

      I hope this helps.

      Cheers,
      Jacob

      Reply
    Default Gravatar
    Wenny
    May 15, 2012

    I would like to apply for a business credit card however, my business has not been running for long, it has started on 8 March. In addition, no funds has been actioned. Am I still able to apply for the card if i don’t have a verification of an tax accountant to state my business is legit?

    Reply
      Avatarfinder Customer Care
      Jacob
      April 5, 2013

      Hi Wenny. Thanks for your question. Sorry about the delay in getting this response back to you, but for future reference and if anyone else would like to know, if your business is still in its infant stages, you can fill out the application and list your account’s contact details. American Express will liaise with your account to work through the application and assess you eligibility. Even if your business is still in the beginning stages of start up, you may still be eligible to apply for this card. Hope this helps.

      Reply
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