How does the American Express Gold work?

Keep reading to find out: How it works, fees, interest rates, and much more.

As everyone knows American Express (AMEX) is one of the best credit card companies, since 1850 in the finance market this company became very popular in America and in all the rest of the world.

One of its values is to make what’s right, therefore it’s always trying to provide the best customer experience.

How does it work and who issues it?

The AMEX Gold works as a reward credit card even having an annual fee of $250, you will probably get this card if you are looking for a rewards card since you will be able to enjoy all its perks and benefits.

It can provide you: 4 points per dollar spent at restaurants and at U.S. supermarkets (on up to $25,000 in purchases a year) also you can get a $120-a-year dining credit.

This card has many benefits for the foodies, including rewards at restaurants, U.S. supermarkets, and groceries, also an annual dining credit.

The points you get are usually worth 1 cent each. So, you will have to spend about $6,500 per year, to earn enough rewards to make up for the annual fee.

What is card limit?

The AMEX Gold has no spending limit reported, but it may be adjusted over time, the company will analyze your payment history and check out if you are able to get a higher credit limit.

Does it have interest rates?

• Regular APR: See pay overtime APR
• Purchase Intro APR: non-applicable.
• Balance Transfer Intro APR: non-applicable.

Does it have fees?

• Annual fee: $250
• Cash advance: Either $10 or 5% of the amount of each cash advance.
• Foreign purchase transaction fee: non-applicable.

Who can get the card?

Getting the AMEX Gold might be easy if you have an excellent credit score. This card is not one of the easier cards to get since you must have a score higher than 670.

So, if you meet all the requirements, you probably will be able to get it.

How to apply for it?

It is simple to apply for a card. You will have to access the customer finance service’s website and fill an application, informing the following information:

• Personal information: Name, birth of date, nationality, email address, phone number, etc.
• Contact information: Phone number and current address.
• Finance information: Annual personal income, your employment status, employer contact details, etc.

What happens after you apply for the Blue Cash Preferred?

After you sent your application, the AMEX will analyze it, and if you be approved, you will receive your card in 7 to 10 days.

They will check the following information:

• Your credit history.
• Your financial responsibility.
• The possibility of you not paying your debts.

Frequently asked questions:

Is the Amex Gold card metal or plastic?

It is made of a mix of a lot of materials, that includes plastic and stainless steel.

Is it hard to get an Amex Gold card?

It might be hard but not impossible you only need to meet the requirements.

What is the difference between Amex gold and rose gold?

The only difference between them is the color.