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Card Details

Bank Name: Amex Bank of Canada
Network Type: Amex
Card Type: Personal

Fees

Annual Fee: $150
Additional Card Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%

Eligibility

  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Excellent (740-900)

American Express Gold Rewards Card

Welcome Bonus: Earn a Welcome Bonus of 25,000 Membership Rewards points
Apply Now On Amex Bank of Canada's Secure Website
 
American Express Gold Rewards Card snapshot

WELCOME BONUS OFFER

New American Express Gold Rewards Cardmembers, earn a Welcome Bonus of 25,000 Membership Rewards points when you charge $1,500 in purchases to your Card in your first 3 months of Cardmembership.

Rewards

Travel wherever, whenever, however you want.

Earn 2 points for every $1 in Card purchases on eligible travel and everyday purchases

Earn 1 point for every $1 in Card purchases everywhere else

Earn 1 additional Membership Rewards point for every $1 you charge to your American Express Gold Rewards Card on eligible hotel or car rental bookings made with American Express Travel at americanexpress.ca/travel.

American Express Gold Rewards Card Rewards
General cash back earn rate
1
American Express Gold Rewards Card Features
Priority airport services
No
Airport lounge access
No
Concierge service
No
Balance protection(Optional)
No
Purchase Security & Extended Protection Insurance
Yes
Flight delay insurance,Baggage Insurance
Yes
Vehicule rental insurance
Yes
Travel accident insurance
Yes
Travel medical insurance
Yes
American Express Gold Rewards Card User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 0 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

 

Advantages:

USE POINTS FOR PURCHASES

Charge an eligible purchase to your Card then log in to redeem your points for a statement credit.5

FIXED POINTS TRAVEL PROGRAM

Use points to book flights within Canada or to anywhere in the world with the Fixed Points Travel Program.

TRANSFER POINTS TO OTHER FREQUENT TRAVEL PROGRAMS

Transfer your points instantly 1:1 to Aeroplan. You can also transfer your points to other frequent flyer and hotel rewards programs like Delta SkyMiles, Asia Miles, Etihad Guest, Starwood Preferred Guest and more.

 

Editor`s Review:

If you spend big on travel, gas, pharmacy, groceries and other everyday expenses, this might be the card for you! With this card, you earn two points per dollar spent on eligible purchases, essentially all everyday expenditures plus travel. All other purchases earn one point per dollar spent. In addition, cardholders earn 25,000 points when they sign up and spend $1,500 or more in the first three months.

 

Earned points can be put towards your next trip, used to pay down your card balance or transferred to eligible travel rewards programs, such as Aeroplan and Avios. Transferability of points is one of the best things about this card! Other benefits of this card include specific hotel credits, travel insurance, purchase protection and access to American Express exclusive events. Cardholders also benefit from no blackout dates or seat restrictions when booking flights.

 

Another benefit to this card is the lack of income requirements. Many travel credit cards have minimum income requirements, but not this one, which makes it more accessible to the Canadian consumer population. Keep in mind that you will still need to have decent credit in order to be eligible for this credit card.

 

The drawback to this card is that it is considered a “charge card” which means you must pay the balance in full every month. This is abnormal since most credit cards are revolving which means the balance can carry forward month to month with no change in interest costs. If you don’t pay off the American Express® Gold Rewards card when it’s due, the interest rate will increase dramatically. Card holders also must pay $150 annually to own this card.

 

All in all the American Express® Gold Rewards Card is a great financial tool for those who don’t usually meet income requirements, spend tons on daily expenses and don’t mind the annual fee. This card offers travel perks, but they aren’t the absolute best on the market. This card works best if you want to passively earn travel points towards your next trip but aren’t looking for massive savings or travelling in style.

Apply Now On Amex Bank of Canada's Secure Website

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