Earlier today I wrote about the release of the new Amex Gold card. You can read the review here. The card is getting a few upgrades in benefits and design. But it will also cost $55 more per year. Cardmembers will earn 4X at restaurants, which is probably the best rate out there if you value Membership Rewards. 4X at supermarkets is also a very good rate, only topped by a couple of cards. There’s also a new $120 dining credit which gives enrolled Card Members up to $10 per month in statement credits.
The main issue was the signup bonus which was only 25K plus 20% at restaurants up to $100 per year. Now there’s a way to get double that bonus through referrals. Update: public bonus is also at 50K.
Amex Gold Card 50K Bonus
- Receive 20% back as a statement credit at U.S. Restaurants with the Gold Card within the first 3 months of your Card Membership, up to $100 back. Offer available to new Card Members who apply by 1/9/2019.
- Plus, earn 50,000 Membership Rewards® Points after you spend $2,000 on eligible purchases with your new card within the first 3 months.
Annual fee $250 (not waived)
Applying for the Card
Welcome offer not available to applicants who have or have had this Card. We may also consider the number of American Express Cards you have opened and closed as well as other factors in making a decision on your welcome offer eligibility.
This is considered the same product as the old card. So if you have had the Amex Premier Rewards Gold card in the past you will not be eligible to get the signup bonus on the new Amex Gold Card. If you’re not sure if you’ve had that card in the past, here’s how to check.
Share Your Referrals
If you have any of the cards with increased bonuses, you can share your own referral links in the comments. Just please retweet this tweet or share this Facebook post so you can give something back. Also post a link to your shared tweet/post in your comment, or in the website field so I can see that you shared it. Thank you in advance.
With the higher 50K bonus this card makes more sense now. But keep in mind that you still need to pay the $250 annual fee, so it’s not as good as the bonus you could have received just a day ago on the old Premier Rewards Gold card. I doubt we’ll see the annual fee waived any time soon, since the card now offers better earning rates on two popular categories such as supermarkets and restaurants.