One of the best ways to earn discounts and rewards for a journey is travel reward credit cards. It facilitates to gain of premium experiences for consumers by offering complimentary upgrades, access to exclusive lounges in airports, free meals, and various others. The best travel rewards credit cards provide more than just the above-mentioned benefits which include great cash-back incentives. One of the top picked travel rewards credit cards is American Express® Gold Card. The following discussion will provide more in-depth information regarding this card. It will encompass information like the best offers and rewards provided by this best travel rewards credit card, American Express® Gold Card.
As reported by CNBC, in 2021, the winner of the best travel rewards credit card is the American Express® Gold Card. By analyzing the annual spending budget of the Americans and perks of various travel rewards credit cards based on the consumer habits, it has been observed that American Express® Gold Card provides the best discounts and rewards for travelers.
Benefits of American Express® Gold Card
It is one of the best credit cards for international travel which provides a wide range of benefits and rewards for its consumers. Key highlights of the American Express® Gold Card are as follows,
- Welcome offer: Consumers can earn 70,000 points as Membership Rewards® with a spending of $10,000 through Business Gold Card for the first three months of the registration.
- Additional rewards: Consumers can earn 4X Membership Rewards® with a spending of $150,000.
- Airline rewards: This travel rewards credit card provides a 25% discount offer after consumers book an eligible flight with Amex Travel.
- Additionally, it also provides an option for flexible payment with some interest to facilitate the management of cash flow on each purchase above $100.
These are the basic rewards and offers provided by this travel rewards credit card. American Express® Gold Card provides all these offers for several options such as U.S. purchase at restaurants, gas stations, software, hardware, and cloud purchase; along with airfare purchase from airlines. On eligible charges, this travel rewards credit card provides 15.99% to 22.99% variable Annual Percentage Rate (APR). American Express Business Gold Card offers a wide range of opportunities for redeeming rewards and discounts. Consumers can redeem their rewards and offers by utilizing gift cards, statement credits, or through Amazon.com. Specifically for entertainment and travel purposes, American Express Business Gold Card provides various attractive offers for their loyal consumers. For instance, $120 Dining credit; Uber cash; $100 resort credit; no fees for foreign transactions. This travel rewards credit card also provides insurance and protection benefits such as an insurance plan for baggage, rental car, complimentary shipping, and return protection.
Limitations of American Express® Gold Card
As it can be observed that this travel rewards credit card provides a wide range of rewards and benefits for its consumers, but another factor, which needs to be considered when it comes to rewards credit cards is its limitations. American Express® Gold Card also has its limitations. The spending limits of this rewards credit card depends on various factors such as payment history, financial resources, credit records, and pattern of current spending. However, there is no limit for pre-set spending. Consumers can spend as much as they want to as per their requirements.
American Express® Gold Card is the winner of the best travel rewards credit card. It facilitates the consumers to gain premium experiences for consumers by offering complimentary upgrades, access to exclusive lounges in airports, free meals, and various others. Additionally, it is easy to use and consumers can redeem their rewards and discount offers easily through utilizing gift cards, statement credits, or through Amazon.com. There are certain limitations that need to be considered by consumers. Apart from that, it is one of the best travel rewards credit cards for travelers.