The American Express® Gold Rewards Card has an annual fee of $250. The purchase interest rate is 30%. However, if the cardholder is unable to pay the full balance, they will be charged an annual interest of 30% on the unpaid balance at the end of the billing cycle. So, you are suggested to set your limit according to your affordibility. Though the annual fee and purchase interest rate may seem high, this card offers many benefits and rewards.

The cardholder can earn a welcome bonus of 50,000 welcome rewards points if you make a purchase of $5000 in the first three months. You get to earn 1 point per dollar purchase on eligible items. Plus, American Express allows you to choose three merchants where you can earn twice the amount points when you make purchases. However, you can earn a maximum of 250,000 points per year. The cardholder can transfer their reward points to the frequent flyer and loyalty programs, including Aeroplan and Avios and enjoy travel benefits.

American Express is in partnership with over 600 hotels and resorts in over 30 countries which brings you lots of benefits when booking a stay with the card. When the cardholder books a stay at one of these hotels, they are eligible to recieve a credit of $100 USD to enjoy special services like spa, dining, golf etc. Click on Apply For This Card to learn more details!