** American Express(R) Gold Card Review

American Express(R) Gold Card Review

The American Express® Gold Card is available to the members free of any fee for the first year. The members will however be charged a membership fee of $125 from second year onwards. People can apply for an American Express(R) Gold Card through its online application form. The form is available on the website of the company. People wanting to get an American Express(R) Gold Card may just fill in the required details and submit the form online. The applicants of the American Express(R) Gold Card will be informed about the status of their application form online or through call centre. The applicants must have a credit score of 750 or higher to ensure that they get the American Express(R) Gold Card. It is a great tool for the people who do not want to spend in any limits.

The American Express(R) Gold Card offers many benefits to its members. The members stand to gain with each dollar that they spend using American Express(R) Gold Card. They collect reward points for their spending which they can redeem to get some gift cards or attending various events. They can also redeem the points by dining or participating in some sporting activities. But to be able to collect and avail these points, the members must pay their dues in full for each payment cycle. For the people who are unable to pay the complete amount in each monthly cycle, the bank offers extended payment period. During that period, the members are required to pay the interest charges levied by the bank. The bank does not have any ore-set limit for the members of American Express® Gold Card.

There are numerous benefits that the American Express(R) Gold Card offers. Listed below are some of the benefits of American Express(R) Gold Card:

No membership fee for the first year.
Membership fee of just $125 second year onwards.
Easy way to shop and earn reward points for each dollar spent.
Flexible time to pay the bill.
Regular payments lead to improved credit score.
Reward points can be redeemed to enjoy other benefits and special treatment at various events.

Along with many benefits, there are some points that the members must be careful of:

They must read the terms and conditions carefully before using the American Express(R) Gold Card.
Irregular or incomplete payments may lead to reduced credit score which in turn may create other financial problems.

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.

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About Tushar Mathur

Tushar Mathur has been blogging about Personal Finance since January, 2007. This has helped him recognize what topics readers like and relate to. The goal is to spot good news-worthy info and get it out to the public as soon as possible. Tushar Mathur maintains this Personal Finance blog called Everything Finance. The blog articles fall under these categories: Investing, saving money, shopping, blogging and making money online.