American Express is Offering 40K Points to Upgrade to the Gold Card

American Express is offering some Green Card customers a bonus of 40,000 Membership Rewards points for upgrading to the Gold Card.

Amex Gold Upgrade Offer

Upgrade to the American Express Gold Card and earn 40,000 Membership Rewards Bonus Points after you spend $2,000 in purchases on the Card within your first 3 months of Card Membership.

Card Benefits

  • 4X Membership Rewards points at U.S. Restaurants
  • 4X Membership Rewards points at U.S. Supermarkets (on up to $25,000 in purchases annually)
  • A new $120 dining credit which gives enrolled Card Members up to $10 per month in statement credits when they use their Card at eligible dining partners including participating Shake Shack locations, The Cheesecake Factory, Ruth’s Chris Steak House and Grubhub/Seamless
  • 3X Membership Rewards points on flights booked directly with airlines and amextravel.com
  • $100 airline fee credit: up to $100 in statement credits per year for incidental expenses like baggage fees at one selected airline
  • The Hotel Collection: Gold Card Members get a $75 hotel credit on qualifying charges, plus a room upgrade upon check-in, when available, when they book a stay of at least two consecutive nights at hotels in the collection
  • Personalized Travel Service: provides access to a team of Travel Professionals who can help with travel bookings and vacation packages across air, hotels, transportation, cruise and tour

Annual Fee

The Amex Gold card has a $250 annual fee. When you upgrade, your card anniversary date doesn’t change. You will be charged a prorated annual membership fee for your new Card based on the time remaining until your next account anniversary date.

Guru’s Wrap-Up

This is a good way to get a 40K bonus on the  Amex Gold card without a hard pull on your credit report. The bonus is close to the best offer we have seen for this card, which is 50,000 points. But with upgrading you also miss out on a referral bonus.

The good thing about upgrade offers is that you can still get the bonus even if you’ve had the Amex Gold card in the past.

Let me know if you see the offer in your accounts. You can find it under the Amex Offers section.

HT: DoC

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