American Express Gold Business Card

Offer
Card features
rewards program
interest free days
annual fee
Apply
Earn up to 1 Membership Rewards point per dollar spent.
No pre-set spending limit means more flexibility.
Extend your cash flow up to 51 days.
Add to comparison
Membership Rewards Ascent
Membership Rewards Ascent
51 days
interest free
(up to)
$169
ongoing

Pros & cons

What's good?

What's not so good?

Earn up to 1 Membership Rewards point per dollar spent.
No pre-set spending limit means more flexibility.
Extend your cash flow up to 51 days.
Receive monthly statements that provide a detailed, itemised list of business expenses.
Cards are Chip, PIN and Contactless enabled providing enhanced security, speed and convenience when making a purchase.
Transfer points to 8 airline rewards partners and 2 leading frequent guest partner programs.
Membership Rewards points are not capped and they don’t expire.
Travel Inconvenience Cover and Transport Accident Cover.
Extra fee of $80 p.a. if you want to opt into the Membership Rewards program.
Additional card fee of $119 p.a.

User reviews

3.2 out of 5.0 based on 2 reviews100% of reviewers would recommend this card

Rates and fees
Rewards
Customer service
Convenience
Trust

Reviews from users

Great points earner

Reviewed and recommended by Richard on 09 Apr 2017

I signed up for this card with an offer of 100,000 Qantas points sign-up bonus. I use it wherever I can to maximise my points earning potential, including ATO payments.

If only Amex would reduce their fee percentage, more retailers might accept them.

The card has an annual fee of $249.

I am very happy with this card and rewards

Reviewed and recommended by Michelle Clark on 20 Jul 2015

I am a long time AmEx user – I have gold and platinum, and love them. The rewards have been very important for me, my family, and our four grandchildren.

The only issue is Aldi and other stores, restaurants, bars, and businesses do not accept AmEx, which I find difficult to get my head around.

Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Single
Card tier
Gold
Card type
American Express
Card use
Business
Credit rating
No bad credit history
Gambling transactions allowed
No
Joint application
N/A
Minimum age
18 years old
Minimum income
$24,000
Minimum income for pensioners
Same as standard
Pensioners
N/A
Rewards program
Membership Rewards Ascent
Temporary residents
N/A

Cardholders

Additional cardholders
99
Additional card fee
$119 p.a.

Credit limits

Minimum credit limit
N/A
Maximum credit limit
$50,000

Repayments

Interest charged from
Purchase date
Interest free period
Up to 51 days on purchases
Minimum repayment
100%

Rates & fees

Ongoing interest rates

MonthlyAnnually
Cash advances N/A N/A
Purchases N/A N/A

Fees

Annual fee
$169 p.a.
Annual fee 2nd year
N/A
Cash advance fee
N/A
Dishonour fee
N/A
Duplicate statement fee
$10
Foreign exchange fee
3%
Late payment fee
$30
Over limit fee
$0
Overseas ATM balance fee
N/A
Overseas ATM withdrawal fee
N/A
Overseas emergency card replacement fee
N/A
Transaction verification fee
$0

Rewards & points

Rewards program basics

First purchase bonus
N/A
Reward points expiry
No expiry as long as you keep your account active
Rewards program
Membership Rewards Ascent
Sign up bonus
N/A
Spend required for bonus points
N/A

Earning points with this card

Frequent flyer points
N/A
Overseas earn rate
Same as standard earn rate
Points cap per month
N/A
Points cap per year
N/A
Points earned on ATO payments
0.5 pts per $1 spent
Reward points
1 pt per $1 spent

Additional benefits

Airport lounge access
No
Complimentary flight voucher
No
Concierge service
No

Benefits

This card comes with benefits worth an estimated $1,694

TravelEstimated value
Interstate flight inconvenience insurance
Valuation based on similar domestic travel insurance policies available online that include interstate flight inconvenience.
$290
Overseas travel insurance
Valuation based on similar annual travel insurance policies available online. Includes cover for several items including card account balance waiver and business trip completion.
$1,254
Transit accident insurance
Valuation based on similar global transit accident insurance policies available online.
$150
Total estimated value$1,694
Annual fee$169
Net customer value$1,525
Disclaimer: Details of who, what, and where coverage applies to, as well as its duration and any coverage limitations will be listed in the credit card insurance product disclosure statement (PDS) on the card issuer's website. The names/labels of complimentary insurance products may differ from one issuer to another. Terms and conditions apply. Always check the insurance PDS when considering a financial product. Accurate as of 31st October 2015.

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $24,000 per year
Have no history of bad credit
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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