American Express® Business Gold Card vs The Business Platinum Card® from American Express

This comparison aims to assist users in deciding between the American Express® Business Gold Card and The Business Platinum Card® from American Express. Both cards offer unique features and benefits tailored to business owners, but they cater to different spending habits and financial goals.

Card Overviews

American Express® Business Gold Card

The American Express® Business Gold Card is designed for small business owners who want to earn rewards on their everyday business purchases. With a focus on maximizing points in key spending categories, this card is ideal for businesses that spend heavily in specific areas.

The Business Platinum Card® from American Express

The The Business Platinum Card® from American Express caters to frequent travelers and businesses that require premium benefits. With extensive travel perks, lounge access, and higher rewards on travel-related expenses, this card is a great choice for business owners who prioritize travel and luxury experiences.

Detailed Feature Comparison

Rewards Highlights

American Express® Business Gold Card

• Earn 5X Membership Rewards® points for flights, prepaid hotels, and short-term rentals and prepaid flight + hotel packages booked at AmexTravel.com.
• Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
• Earn 1X points on other eligible purchases.

The Business Platinum Card® from American Express

• Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
• Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
• 1X is earned for other purchases. **

Pros and Cons

American Express® Business Gold Card

• Pros:
  • Lower annual fee compared to the Platinum Card.
  • Flexible rewards structure based on spending categories.
  • Monthly statement credits for selected purchases.
• Cons:
  • Fewer luxury travel benefits compared to the Platinum Card.
  • Lower welcome bonus.

The Business Platinum Card® from American Express

• Pros:
  • Extensive travel benefits, including lounge access and airline credits.
  • Higher rewards on travel-related purchases.
  • Attractive welcome bonus and statement credit offers.
• Cons:
  • Higher annual fee.
  • Complex rewards structure may not benefit all businesses.

Who Should Consider Which Card?

The American Express® Business Gold Card is well-suited for small business owners who spend heavily in specific categories and want to maximize their rewards without a high annual fee. On the other hand, The Business Platinum Card® from American Express is ideal for frequent travelers and businesses that prioritize premium travel benefits and can justify the higher annual fee with the value they receive from airport lounges and travel credits.

Conclusion

Ultimately, the decision between the American Express® Business Gold Card and The Business Platinum Card® from American Express depends on your individual needs, spending patterns, and financial goals. Consider what features are most valuable to your business and choose the card that aligns best with your spending habits.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”