Limited-time offer and new foodie benefits from the American Express Gold Card #CashNews.co

The American Express® Gold Card is getting a revamp that’s bound to further cement its role as the credit card for foodies.

Amex Gold is already one of our favorite rewards credit cards for dining and travel. Not only does it offer some of the highest rewards rates you’ll find today at restaurants and supermarkets, but its added benefits, Membership Rewards® program access, and more add to the card’s ongoing value.

Here’s a breakdown of everything Amex Gold has to offer — including new statement credits, a limited-time welcome offer, and increased fee.

Here’s a look at all the new benefits Amex Gold cardholders can now access:

• $100 Resy credit: Up to $50 in statement credits semi-annually for purchases at U.S. restaurants on the Resy app or Resy.com (with enrollment)

• $84 Dunkin credit: Up to $7 per month in statement credits for purchases at Dunkin locations (with enrollment)

• Five Guys now eligible for $120 Dining Credit: Up to $10 per month in statement credits on eligible purchases at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, or Five Guys (with enrollment)

• New hotel options in The Hotel Collection: Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 experience credit toward eligible charges with every booking of two nights or more through AmexTravel.com (eligible charges vary by property).

In addition to the new benefits above, you’ll still get $120 in Uber Cash credits (up to $10 per month; with enrollment) for Uber rides or Uber Eats purchases, plus 4x Membership Rewards points on Uber Eats purchases. (Note: You must have the latest version of the Uber App downloaded and your eligible American Express Gold Card must be a method of payment in your Uber account. This benefit may only be used in the United States.)

Check out our full list of the best credit cards for restaurants

The revamped American Express Gold Card comes with an increased annual fee. You’ll now pay $325 for the card each year, a $75 hike from the previous $250 fee (see rates & fees).

The higher annual fee applies to both new and existing cardholders. If you already have an Amex Gold, the new fee kicks in on your renewal date, beginning Oct. 1, 2024.

With a $325 annual fee, the Amex Gold card isn’t for everyone. Still, it’s still one of our favorite cards for travelers who want to earn maximum rewards on food spending.

But like any new card, you should do the math to decide whether the American Express Gold Card fits your regular spending before you apply.

Based on points value, you could make up the fee cost by spending $8,125 annually on combined restaurant and supermarket purchases, equal to $677 per month. At a rate of 4x points per dollar (assuming a standard redemption rate of $0.01 per point), you’ll earn $325 in rewards value, before accounting for your points earned from 3x on flights or 1x on non-category spending.

Beyond that, you’ll also get up to $424 in statement credits each year from the Gold Card’s annual benefits. This can surpass the annual fee cost on its own, as long as you’re able to use all of the available statement credits. However, if you don’t have any restaurants in your area on the Resy app or use Uber for ridesharing, for example, this can be much more difficult to maximize.

Check out our full review of the Amex Gold card

The other thing to consider is how often you travel — and how you like to travel. Though you can use its dining credits, restaurant rewards, and supermarket rewards at home, much of this card’s value also comes from travel spending. It earns 3x Membership Rewards points on eligible flight purchases, offers experience credits for eligible hotel stays through The Hotel Collection, and gets the best redemption rate when you use points to book future travel.

If you don’t travel often or you’re not sure you’ll be able to maximize the Amex Gold credits, you might instead consider a no-annual-fee cash-back card with similar rewards on dining and groceries, but without the added cost.

But for frequent travelers who can maximize all the Amex Gold has to offer — with enough value to offset the steep annual fee — this card can help you save on travel costs while making the most of your regular spending.

This article was edited by Rebecca McCracken

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