Business Gold Card

First Year Fee Free - A Savings of $75 No Preset Spending Limit Exclusive Savings through the OPEN Savings Program No Finance Charges

Review: The Business Gold Card, issued by American Express®, is a charge card designed for business owners with good credit who plan to pay their business-related expenses in full each month. Although this card does not offer the option to pay balances over time, it does help to prevent businesses from accumulating too much credit card debt, which can often be the case when paying only the minimum due with high interest rates. There is an annual fee of $75 for the primary cardholder and $35 for each additional cardholder. The fee for the primary cardholder and for up to nine additional cardholders will be waived for the first year as long as the application is submitted online. Through OPEN Savings, cardholders will receive discounts on products and services from participating partners including FedEx®, AT&T®, Hertz®, and more. It is important to review the disclosures for participating merchant discounts, as restrictions and limitations do apply. The card also offers access to the Membership Rewards® program for an additional annual fee of $40. This program offers one of the most flexible reward programs in the credit card industry due to the variety of merchandise and services that can be redeemed for accumulated points. In addition, there is no expiration or maximum number of points that can be earned. As with all business credit cards issued by American Express®, cardholders will be able to take advantage of various services and benefits including purchase protection, auto rental insurance, travel accident insurance, and various travel and emergency assistance services. Therefore, those who can afford to pay in full each month and will be able to take advantage of the rewards program as well as the additional discounts at participating merchants will benefit most from what the Business Gold Card has to offer.

Date of Review: 2006-04-12 00:00:00

Notes: The card has no pre-set spending limit; however, purchases are approved based on credit record, account history, and personal resources. See website for complete terms and conditions of card usage and application disclosure.

Additional Perks: Access to the Membership Rewards program for an additional annual fee of $40. Access to the OPEN Savings program. Discounts on products and services at participating merchants and retailers. Various Internet account related services. Emergency card replacement. Emergency check-in service. Purchase protection. Extended warranty for purchases. Return protection. Up to $100,000 in travel accident insurance. Auto rental insurance. Lost and damaged luggage insurance. See website for additional benefits.