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American Express Gold Card Review

Written by alexavatar

Because there are so many cards to choose from, finding the right credit card can be confusing.  You want to make sure you find a card with an affordable interest rate, and you want a card that offers a good reward program.  The American Express Gold Card has a reputation for being a reliable card with excellent rewards.

Every dollar you spend will earn you one point.  After you have accumulated the appropriate amount of points, you can redeem them for airline tickets with over 20 airlines.  You also have the opportunity to earn bonus points by purchasing gas, groceries or other items through the American Express bonus points online mall.

If you do not need to purchase airline tickets, you can also redeem points for hotel stays, cruises or more.  You can even redeem points for certain athletic evens or concerts.  One of the unique things about this card is that you are required to pay off your balance each month.  Therefore, the card is basically a substitute for cash.  You will pay no interest on the card; however, you cannot borrow money for purchases for more than 20 days, so the grace period is not very long.

The annual fee is $125; however, it is waived for the first year of membership.  If you do not make payments on time, you will be charged a $35 late fee, or you will be required to pay 2.99 percent of your balance.

The credit card will cover lost or damaged luggage, travel accidents and rental car damages.  If your flight is delayed or you miss your flight, the American Express Gold Card with help you with your hotel reservations or other reservations that need to be modified.  If you are a gold member, you can receive a $100 credit when you book your travel with the card.

The card contains excellent customer service.  Staff is available 24 hours of the day if you need any assistance.  If your card is lost or stolen, it will be replaced within 24 hours.  If you are traveling long distances from your home, you can call the Global Assist Hotline if you need help with medical, legal, visa, passport, cash or luggage problems.

The American Express Gold Card is a great card if you pay your bills in full each month.   If you are interested in pursing this card, you can easily apply online.  You need good credit to apply for this card.