Every lifestyle can avail offers by American Express (AmEx) rewards cards. American Express offers outstanding customer service and benefits all around the world. Every card offers a list of fringe benefits designed according to the needs of different individuals. For instance, for luxurious travel, AmEx offers gold reward cards parallel to a list of other benefits.
But simultaneously, AmEx credit cards and charge cards aren’t for everyone. For opening AmEx account, customer needs good or excellent credit to get the AmEx card. Rewards Gold Card from AmEx can be the best choice for travel redemption.
Membership Rewards Points
Most travel rewards credit cards earn points or miles, but the Premier Rewards Gold Card by AmEx earns a specific kind of currency I.e., Membership Rewards Points
- New Card Usage: Membership Rewards points can be saved for flights without any blackout dates and seating restraints. And, if a customer wants, he can transfer rewards to many different airline programs, and hotel chains especially four. The card also offers a big vantage I.e., after using $2,000 on a new card within the first three months, the customer will earn 25,000 Membership Rewards Points (MRP).
- Daily Purchases: The Premier Rewards Gold Card from American Express makes it easy to win Membership Rewards points with daily purchases of the customer. He can earn 3 points/$1 spent on airfare purchases made directly from airlines; 2 points/$1 spent for purchases at US restaurants, US gas stations and US supermarkets, and 1 point/$1 spent on other purchases.
No Annual Fee for First-Year
The AmEx Premier Rewards Gold Card comes with a $195 annual fee. The annual fee is waived for the first year, so any value a customer receives the first year (including MRP) is automatically an edge point. But the $195 fee will be charged at the first annual rejuvenation.
Amex Premier Rewards Gold Card a Charge Card
A credit card needs to carry over a statement balance from one month to the next, the Premier Rewards Gold Card is a charge card. A customer needs to pay off the balance after every month period.
Traveling Benefits through Premier Rewards Gold Card
Airline Fee Credit: Credit of up to $100 per year for airline fees. After selecting an airline a cardholder can claim the credit worth $100 either online or by calling the number behind the card.
Car Rental Insurance: Individual can use premier rewards gold card from American Express to reserve and pay car rents, and be safe if the car is damaged or stole.
Lowest Hotel Rates: Booking hotels with American express, cardholders will find the room with lower fares.
Foreign Transaction Fees: The AmEx premier rewards gold card does not charge a foreign transaction fee. Generally, foreign transaction fee is 3% of the total purchase amount made outside the U.S.
Baggage Insurance: When an individual purchase tickets of plane, ship, bus, or train with Premier Rewards Gold Card from American Express, Insurance coverage is provided for up to $1,250 for carry-on baggage and $500 for restrained baggage.
Global Assistance Helpline: Cardholders can have access to 24/7 legal, medical, emergency, or financial assistance services when touring more than 100 miles.
Everyday Benefits through Premier Rewards Gold Card
Emergency Services: Roadside assistance like replacing a puncture tire, getting a push or pull, a dead battery replacement and all others are at a phone call. Either the consumer is at home or traveling, he can access to 24/7 assistance due to this credit card at no cost.
AmEx Preferred Seats: Cardholder can receive access to premium seats at cultural and sporting events.
Entertainment Access: Card members can have exclusive offers and advance notices for shows, concerts, and sporting events near him.
Shopping Benefits Through Premier Rewards Gold Card
American Express Offers: Most of the American Express cardholder don’t know about Amex Offers on shopping. Amex Offers can save hundreds of dollars a year or more of card holder. Amex Offers are quite profitable.
American Express Auto Purchasing Program: Similar to above offers, many cardholders don’t know about it too. This program can save plenty and give peace of mind when he is shopping for a vehicle.
Protected Purchase: Selected purchases can be protected when stolen, lost or incidentally damaged. This service provides coverage for selected items within the past 90 days.
Comparison between American Express Premier Rewards Gold Card and American Express Gold Card
Following are the limited comparisons between the two gold cards of American Express to aware these card holders, so that they can have full fringe benefits.
|Benefits||American Express Premier Rewards Gold Card||American Express Gold Card|
|Travel Benefits||3P/$1 spent on flights|
No airport lounge membership
|8 visits (free) per year to the domestic lounges|
Discounts on Hertz and Avis car rentals
|Annual Fee||No fee for 1st year|
$195 from 2nd year
|No fee for 1st year|
$160 from 2nd year
|Hotel Privilege||2 nights stay receive up to US$75 in hotel credit.|
|400 participating hotels in over 30 world-wide countries.|
2 nights or more stay receive up to US$75 in hotel credit.
|Introductory offer on MRP||Card holder earns 25,000 MRP on new card.|
$2,000 on purchases within the first 3 months.
|Lifestyle Rewards||2P/$1 for supermarkets, gas stations and restaurants.|
1P/$1 on everything else.
|Spend $3500 get a voucher of $100|
|Roadside Assistance||Offers full roadside assistance||–|
|Auto Purchase Program||Offered||–|
|Credit Score Requirement||700 to 750||720 to 750|
American Express Premium Rewards Card is one of the worth considering cards. This Gold Card offers a pleasant proportion between travel benefits and earning rewards. It offers 3P/ $1 for flights, 2P/ $1 at US restaurants, US gas stations, and at US supermarkets; and 1P/ $1 on other purchases. It has $195 annual fee. According to the analyst, this card is an outstanding selection for credit card holders who wish to earn points and especially useful for those who travel frequently.
Matthew is a Co-Founder at BusinessFinanceArticles.org. Matthew was a floor manager at a local restaurant in Wales. He lost his job after the pandemic and took initiative to make a team and start the project.