5 Lesser-Known Benefits of the American Express Business Gold Card

He American Express® Business Gold Card It has some well-known (and much-publicized) perks, including 4 points per dollar on your top two spending categories each month from the following list (up to the first $150,000 in combined purchases, then 1 point):

• Monthly charges for wireless telephone services made directly with U.S. wireless telephone service providers.
• US buys for advertising in select media
• Transit
• Shopping in the USA at gas stations
• Shopping in the USA at restaurants (including takeaway and home delivery)
• U.S. purchases made from electronics retailers, software and cloud providers

The card welcome offer It’s also significant: New cardholders can earn 100,000 bonus points after spending $15,000 on eligible purchases in the first three months of card membership.

I’m still undecided because of the high $375 annual fee for Amex Business Gold (see rates and fees)? Below are five lesser-known benefits that might convince you to purchase the Amex Business Gold Card. Enrollment required to access certain benefits; conditions apply.

Pay over time

He Amex Business Gold Card Automatically enrolls all cardholders in your Pay over time program, which gives you the option to carry a balance and structure payments into charges over $100. However, the variable interest rates are painfully high, ranging from 19.49% to 28.49%, depending on your credit history.

While this is probably not your first choice for managing your cash flow, it is a good option if you need it in an emergency. I always recommend Pay your balance in full each billing cycle, but if that’s not possible, Pay Over Time is there to help.

Account management tools

Continuing with the theme of primarily rewarding larger companies, Amex Business Gold Card card offers a complete set of account management tools.

You can add employee expense business cards without an annual fee; however, adding a Gold Card for employees It costs $95 for the first five cards, then $95 for each subsequent card (limit of 99 cards; see rates and fees).

You can also designate a employee as your account manager, allowing you to delegate the tasks of making payments, adding employee cards, and tracking expenses to someone you trust.

Or use Amex’s receipt matching feature, which lets you upload receipts from a mobile device or desktop, tag and annotate transactions, and even sync with QuickBooks to streamline your accounting.

Cardholders can also take advantage of the ability to pay vendors through Bill.com. The basic plan has no monthly fee, but limits usage to the first user, and the second user is fee-free for six months. After six months, the second user pays $15 per month. Other fees may apply depending on the plan type and number of users.

The Amex Collection of Hotels

Amex Business Gold Card Cardholders will also enjoy benefits on select travel bookings. In addition to earning points on bookings made through Amex TravelYou’ll enjoy a $100 experience credit to spend on dining, spa and qualifying resort activities at properties within The Hotel Collection.

You are also eligible for room upgrades At check-in, if available. Some room categories are not eligible for an upgrade.

These benefits are only offered to cardholders who stay a minimum of two consecutive nights.

And like all Amex cards, you’ll have access to Amex Offersthat can help you save money or earn bonus points on purchases you’ve already planned to make. Many of these offers are targeted at specific cardholders, and while this is purely anecdotal, Amex does sometimes seem to target Gold and Platinum cardholders with the best deals.

Sometimes these offers may be cash back or additional Membership Rewards points on specific hotel purchases.

Car rental and luggage insurance

While these are not the most generous policies on the market, Amex Business Gold Card offers certain travel insurance policies In case something goes wrong while you’re on the road.

If you use your Amex Business Gold Card To pay the full cost of a rental car, you will be entitled to: secondary coverage beyond and in addition to your own personal policy in case of theft or damage*.

There are a number of restrictions to be aware of, such as excluded countries (Australia, Italy, and New Zealand, for example), excluded vehicle types (SUVs, limousines, and antiques, among others), and the fact that you must decline the rental company’s collision damage waiver to be eligible.

You will also be entitled to a refund if your The luggage was loststolen or damaged if you pay the full cost of the ticket with your Amex Business Gold**.

Coverage limits are $1,250 for carry-on baggage and up to $500 for checked baggage; New York State residents are limited to $10,000 for all covered persons per covered trip.

*Eligibility and benefit level vary by card. Not all vehicle or rental types are covered and geographic restrictions apply. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more information. Policies are underwritten by AMEX Assurance Company. Coverage is offered through American Express Travel Related Services Company, Inc.

**Eligibility and benefit level vary by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more information. Policies are underwritten by AMEX Assurance Company.

Extended warranty, purchase and protection of the cell phone

There’s something exciting and stressful about the first few days after buying a new phone, laptop, or camera. If you use your Amex Business Gold Card Card for eligible purchases, you can enjoy up to 90 days of purchase protection against theft or accidental damage***. This coverage is limited to $1,000 per covered purchase and up to $50,000 per cardholder per calendar year.

You can also rest easy with extended warranty Benefits.*** On eligible purchases with warranties of five years or less, you can get an additional year on top of the original manufacturer’s warranty.

The Amex Business Gold Card also offers mobile phone protection When you pay for your cell phone plan with your **** card. This plan covers stolen or damaged cell phones up to $800 per claim with a limit of two claims in a 12-month period. Claims are subject to a $50 deductible.

***Eligibility and benefit levels vary by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more information. Policies are underwritten by AMEX Assurance Company.
****Eligibility and benefit level vary by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more information. Policies are underwritten by New Hampshire Insurance Company, an AIG company.

In summary

The Amex Business Gold Card is clearly aimed at high-spending companies looking for a simple, rewarding strategy that doesn’t involve managing multiple cards or carefully researching and maximizing benefits.

If this is going to be your primary card, these lesser-known benefits 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 Gold offers a lot more than meets the eye.

For more information, please read our Full review of the Amex Business Gold card.

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Apply here: American Express Business Gold Card

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Related: How to get a business credit card

For American Express Business Gold Card rates and fees, click here. here.