The American Express® Gold card is one of the most highly coveted charge cards in existent today. This should not come as a surprise, since American Express (AMEX) is known as a card issuer geared towards the elite consumers. When you have this particular Gold card, you not only have access to perks and exclusive benefits, but to prestige and VIP treatment as well.
Before you submit an application for this particular plastic, you may first want to know the benefits it provides. This way, you can take advantage of all its perks get rewarded handsomely. Among the highlighted benefits of the card include:
- Purchase protection
- Extended warranty
- Return protection
- Buy exclusive and presale tickets
- Access to events and high-class destination
- 24/7 roadside assistance
- Car rental insurance
- Baggage insurance
- Travel accident insurance
- Global Assist Hotline
- Quick replacement for lost or stolen card
- Rewards for all purchases
- Points transfer to participating frequent flyer programs
The American Express® Gold card is indeed at the top of the pack, but it does come with a few drawbacks. First is that it has a very high annual fee, which is waived during the first year. There are also the high penalty rates. As a charge card, this requires all cardholders to strictly pay all their balances on time. If not, a high fee will be imposed on the account.
Applying for the Gold Card
Just like all other card applications, you need to supply your personal information. These include your name, your date of birth, your social security number, your email address, location with zip code, and your phone number. To apply for the American Express® Gold Card, you only need to go to AMEX’s website and start filling out the simple form.
For those who have received an invitation through email or mail, they need to provide the RSVP code from the letter. The RSVP code has 14 characters, with one letter and 13 other numbers. The zip code where the message was received should also be given. Once you receive the mail, the first thing you need to do is to go over the benefits and features of the card. Then, read and understand the card agreement to discern whether the terms and conditions are fair for you. If you believe that the restrictions and fees are worth it, you can proceed to the form filling procedure.
Note that the American Express® Gold card invitation does not necessarily mean that you will be approved for the card. Your credit score and income requirements will still be assessed by the company. If they see you fit for this premium plastic, you can expect to receive your card within a week or so. The good news is that American Express® has joined the instant approval bandwagon. This means that you will receive the decision as to whether or not your application has been accepted within a few hours or even a few minutes.
The American Express® Gold card is an exceptional card. It provides rewards and benefits for all cardholders. If you want to apply for this card, fill up an application here.
Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.