Apply the American Express Business Gold Rewards Card

The American Express Business Gold rewards card has a lot of coverages and insurances that are useful for businesses. 

These coverages and insurances include business travel, incidentals, business liability, and more. These coverages and insurances are great for business owners that have to travel frequently. However, it is known that American Express Business Gold Rewards Card is a charge card that offers a variety of benefits and rewards for business owners that has a high annual fee.

Rates and Fees of American Express Business Gold Rewards Card

Annual Fee: The annual fee of American Express Business Gold Rewards Card is a little higher as compared to the usual. So if you want to apply for the card, make sure that you are ready to pay the $295 annual fee. 

Late Payment Penalty Fee: In case you forgot to pay your dues on time, a late payment penalty fee of $39 or $2.99% of the amount – whichever is greater, will be charged to your account by the American Express Business Gold Rewards Card. 

Returned Payment Fee: American Express Business Gold Rewards Card charges a returned or dishonored payment fee of $39 to borrowers who don’t have sufficient funds on their account which created failed reimbursement transaction. 

Foreign Transaction Fee: You don’t have to pay any foreign transaction fee whenever you want to use the American Express Business Gold Rewards Card for international transactions.  

Interest Rate: The interest rates of American Express Business Gold Rewards Card varies and they depend it on the creditworthiness of the cardholder. The interest rates are between 16.49% to 24.49%. 

Other fees: American Express Business Gold Rewards Card didn’t disclose they have any further fees or penalties aside from the aforementioned. 

Qualifying for American Express Business Gold Rewards Card

Minimum Credit Score needed:  You need a good credit score between 650 to 749 in order to be qualified for American Express Business Gold Rewards Card. 

Annual Income requirements: Unfortunately, American Express Business Gold Rewards Card didn’t disclose if they require any annual income. But as a general rule, it’s better if you have a personal income of at least $60,000. 

How to apply for American Express Business Gold Rewards Card?

If you want to apply for the American Express Business Gold Rewards Card, the application process is very straightforward. You can just go to the website of American Express, find American Express Business Gold Rewards Card, and click ‘Apply Now’. Once you did, you will be redirected to a page where you have to fill out an online application form with your personal information. 

After that, American Express will run a credit check on you and will ask some information about your business. If your application has been approved, review the terms and conditions, sign the contract, and you are ready to use American Express Business Gold Rewards Card for your business expenses! 

Final thoughts

Having a credit card is a great way to help your business. In addition to being able to save on interest, you’ll also be able to receive a sign-up bonus for your card so you can start making progress sooner. American Express Business Gold Rewards Card has a good rewards program. It’s a card that has a number of perks, such as: Earn rewards points that can be redeemed for free flights, hotel stays, gifts, and more.

Furthermore, the American Express Business Gold Rewards Card is a great all-around rewards card for small businesses. If you are new to the world of business cards, then this card is perfect for you. This card offers great benefits and rewards for small businesses.