Amex Gold Card - 4 Years Later (My Honest Review)

In this video I’m doing an Amex Gold Card review after using this American Express credit card for 4 years now! The Amex Gold has been one of my favorite credit cards for a long time because it’s got a lot of valuable features and benefits. However, the recent changes to the American Express Gold Card make me question if the $325 annual fee is still worth it.

The annual credits on the Amex Gold sometimes do outweigh the annual fee. Also, there’s other features like the spending multipliers on this card for 4x on dining and 4x on groceries which can make this card so valuable as well. Amex Offers, along with the ability to earn Amex points through Rakuten are also a few things to consider that I discuss in this video.

While the changes to this Amex credit card have divided people’s opinions on the Amex Gold, there are a few overall changes that I like. However, it’s clear that the Amex Gold has followed the trend of becoming a coupon book similar to other American Express cards.

OTHER LINKS:

CHAPTERS:
0:00 - Intro
0:32 - Annual Credits vs Annual Fee
2:53 - Amex Offers
4:50 - Sign Up Bonuses
8:16 - Spending Multipliers
9:22 - Amex Points & Rakuten
10:31 - The Hotel Collection
11:38 - Amex Coupon Book Trend
13:19 - Redeeming Points

CHECK OUT SOME OF MY OTHER VIDEOS:

The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

[ryanccc]

I had the Gold card for 1 year at $250. Year 1 is always a slam dunk. I was going to cancel now with the $325 fee but got a 15k point retention bonus, I doubt I’ll get a retention bonus next time so then it’ll be gone

[SpartanOfFinance]

I've seen the 100k offer almost everyday. Our Family spends about 18k a year in groceries and dining and I can use all the credits. Seems like a no brainer to me....at least for year 1 and maybe 2 if I get a retention offer.

[readwithbintou]

Daniel, I've been watching for awhile and your videos are too good. Love your content and editing!

[RichardHorpe]

so many people criticize this card it's now an underrated card

[keitho]

Used an Amex offer today. Getting $100 back from Amex for buying a watch and paired it with Rakuten to get 15% or another $105 on top of the normal points. Amex offers IMO provide more value than offers from my other CCs. Makes paying the fees easier and I use their normal credits. No brainer card for me.

[o]

As someone who doesn't eat out the Amex Gold seems like a huge waste of money to me, I'd rather go for the Venture X and use the Savor One for groceries

[isaiahsolis]

I just got this, perfect timing (I haven’t watched the video yet)

[landonschindler]

I just got the gold card and came in the mail yesterday, i am active duty military so all my annual fees were waived i am very exicted to take advantages of the card a good price of free

[stewartfosterc]

The way you gently slipped that rocket money promo in was soooo nice. I didn't realize what you were doing until it was over.

[coasttoast]

Amex credits are like a coupon book, not worth it. Maybe for young adults in a city fit the mold for the card 🤷‍♂️

[joephillips]

I never go to Dunkin. Don't even have one in my area. So every month I add $7 to my digital gift card on the app. Someday when I am traveling somewhere that has a Dunkin, I'll use all that money to buy a bunch of coffee beans and take them home. Done and done.

[MitchellHiebert]

Great video as always! Something I didn't expect with this card was how much more useful I find the amex offers than those from other issuers, like you said. Definitely was a pleasant surprise since I didn't really factor it into my decision in getting the card in the first place, I just see it as an added benefit

[TheNormalTrip]

Honestly the Dunkin Credit is underrated imo. Dunkin sells whole beans or K-cups packs so the amex gold credit basically pays for half of your coffee for the month if you make coffee at home.

[sjg]

Thanks for sharing your thoughts Dan. It's all about the value and credits.

[alexr]

I canceled my gold card last month. The coupon book and fees just weren't worth it for the added weight in my wallet

[aman]

Gold recently had an Amazon offer where 1 point was worth $80
Assuming this happens once a year, that's a big deal.

[EdwinTX]

Anybody else like Daniel’s video before even watching it?

[theslayer]

Honestly if you’re not military I’d stay away from gold cards or even plat cards in the military you can get annual fee waived by Amex

[stalling]

My company uses Amex so my annual fee is only $225. I live in a large city so the resy credits actually make this card even better. I break even on uber and resy. Anything I get from dining or dunkin is the cherry on top.

[ElectricEye]

Ugh. Everytime You use it's benefits, it costs an extra 10 or twenty bucks to fulfill the couponish bennie. You go I got my fee back but I spent like 4 or 500 more than I would have if the friggen card would have just given a flat cash back, say 250, for stuff for the year.