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American Express Gold Credit Card

American Express were initially founded in the last century as a transport company shipping important and valuable cargos. Then in the early part of this century they helped many US citizens trapped abroad get home when no other organisation was willing to help. They have come a long way since these days and they are now a world wide famous figure on the doors and windows of many stores around the world where the Amex card is accepted.

What would be better than a gold credit card that actually lives up to its' implied status as being better than the standard rate. With the American Express Gold credit card you have one of the best gold credit cards that the UK has to offer. The standard apr is a low 12.9% variable, there is 0% introductory balance transfer option and also a great cash back deal. The cash back deal is unique in its own right, while other offers such as the Morgan Stanley Platinum, American Express Platinum and the American Express Blue offer cash back they will half the rate from 1% to 0.5% when you have reached a certain spend amount. Not so with the American Express Gold card, when you have spent up to £2000 per annum you will receive 0.5% cash back for this amount and for any spending after this you will receive 1%..it seems this credit card is targeting the big spenders among you!!

Current American Express Gold credit card offers

  • 0% balance transfers for 6 months
  • For spending up to £2,000 per annum receive 0.5% cash back
  • For spending levels over £2000 per annum receive 1% cash back
  • Free travel accident insurance when you pay for flights with the Amex Gold
  • Free purchase protection for any items lost or stolen
  • Refund protection up to £200 per eligible item
  • Repayment protection
  • Online fraud guarantee
  • 24 hour customer service
  • Typical apr 12.9% variable
American Express logo

 American Express Gold credit card

The American Express Gold credit card is a gold card that actually deserves its gold card status. The introductory offer of 0% balance transfers is good and the cash back reward scheme is excellent, rewarding you for spending more, ideal for a gold card. There are also the usual points that Amex offer with guarantees and insurances which when all taken into account make a great all round offer.

American Express Gold Credit Card Summary Box

Card Type American Express
Introductory Balance Transfers 0% for 6 months
Introductory Purchases No
Annual Fee No (you must spend at least £500 in the first year or Amex may charge a fee)
Cash Back Scheme 0.5% for amounts up to £2,000
1% for amounts in excess of £2,001
Reward Scheme No
Typical apr variable (purchases) 12.9%
Monthly apr (purchases) 1.02%
Typical apr variable (cash advance) 22.9%
Monthly apr (cash advance) 1.57%
Cash advance fee 2% (min £2)
Minimum Payment 3% (min £5)
Max Interest Free Period 51 days
Credit Amount Minimum £1,000
Charges

Foreign Use 2.73%
Duplicate Statement £5

 

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