American Express Gold Rewards Card®
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
Card Details
Annual Rewards
$597.35
AmericanExpress rewards
First Year Bonus
$1,260
AmericanExpress rewards
Annual Fee
$250
First Year Value
$1,607.35
$347.35 in years after
Interest Rates
Cash Advance: 21.99%*
Purchase: 21.99%*
Annual Fee
$250
Annual Income
Personal: N/A
Household: N/A
Credit Score
Good
Welcome Bonus
Earn 5,000 Membership Rewards points for each monthly billing period in which you spend $1,000 in purchases on your Card in the first Year
Card Type
Reward: Points
Loyalty Program: American Express Membership Rewards
Our Rating
4/5
Institution
American Express
Rewards†
- 2x points per $1 spent on gas, groceries and drugstore purchases
- 2x points per $1 spent on travel (eligible flights, hotels, tours and more)
- 1x point per $1 spent on all other eligible purchases
American Express Gold Rewards Card® Points Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
Travel
2,400 points
Gas, Groceries, Pharmacy
10,964 points
All other purchases
15,081 points
Annual Fee
- $250
Net Annual Rewards
28,445 points
Valued at $347.35 (after fees)
Rewards Summary
Net Annual Rewards
28,445 points
Valued at $347.35 (after fees)
Welcome Bonus
60,000 points
Valued at $1,260
First Year Value
88,445 points
Valued at $1,607.35
Point Redemptions
Redemptions Chart
Transfer to Airline Partners
$1,607.35
Fixed Point Travel Program
$1,218.19
Transfer to Hotel Partners
$775.97
Statement Credits
$634.45
Gift Cards
$426.61
Amazon
$369.12
Merchandise
$307.21
Insurance & Benefits†
Insurance
Coverage
Emergency Out of province Medical
$5 Million per insured, 15 days
Trip Cancellation
$1500 per person, $3000 combined
Trip Interruption
$1500 per person, $6000 combined
Flight Delay
$500 after 4 hour delay
Baggage Delay
$500 after 6 hour delay
Hotel Burglary Insurance
$500
Lost or Stolen Baggage
$500
Travel Accident
$500,000.svg)
Car Rental Damage & Theft
$85K, up to 48 days
Purchase Protection
90 days, Up to $1K
Extended Warranty
1 year
Benefits
Details
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Travel Credit
$100
Nexus Application
$50 statement credit every 4 years
Airport Lounge - Priority Pass
Pass only. No Complimentary visits!Airport Lounge - Plaza Premium
4 Free complimentary visits
Complimentary Hotel Benefits
Hotels booked American Express Travel.svg)
Status lift
Hertz Gold Plus Rewards® loyalty program
American Express Experiences
Extra points
Earn 2 points on Amex Travel Online purchases and extra points on American Express offers
Pros & Cons
Pros
- Flexible Rewards: Enjoy flexible Membership Rewards point conversion with up to 2 points per $1 spent.
- Travel Perks: Includes $100 annual travel credit and 4 free passes to Plaza Premium lounges in Canada.
- Comprehensive Insurance: Comes with 11 types of insurance coverage.
- Multiple Redemption Options: Offers 4 ways to redeem points for maximum value.
Cons
- High Annual Fee: The card comes with a $250 annual fee.
- Foreign Transaction Fees: A 2.5% fee applies to foreign transactions.
- Limited Travel Insurance for Seniors: No travel medical insurance coverage for those over 65.
- Lower Acceptance: As an American Express card, it may have lower acceptance compared to Visa or Mastercard.