The American Express® Gold Rewards Card has an annual fee of $150. The purchase interest rate is 30%. Plus, there is no limit on how much you can spend with the card. However, the cardholder who is unable to pay the full balance 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. The rate for making purchases in foreign currency is 2.5%. Though the annual fee and purchase interest rate seem high the card offers many benefits and rewards.

The cardholder can earn a welcome bonus of 25,000 welcome rewards points if you make a purchase of $1500 in the first three months. These points are enough to compensate for a round-trip Fixed Mileage Flight Reward™ to almost anywhere in North America. You get to earn 2 points per dollar purchase at eligible gas stations, grocery stores, and medical stores in Canada and eligible travel purchases like flights, hotels, car rentals, cruises, etc. Moreover, earn 1 point per dollar purchase everywhere else. Unexpectedly, you get an additional card at zero cost to help you earn points faster. You can get extra reward programs added by paying some extra money. The cardholder can transfer their reward points to the frequent flyer program and can enjoy travel benefits. Eligible programs are Aeroplan and Avios. Click on Apply For This Card to know learn more details!