American Express is offering 150,000 Membership Rewards Bonus Points when you apply by 11 February 2025, are approved and spend $5,000 on eligible purchases on your new American Express® Business Gold Plus Card within 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.

The American Express Business Gold Plus Card replaces the American Express Gold Business Card and is aimed at business owners who want to earn Membership Rewards on their business-related expenses but don’t want or need all the benefits of the American Express Platinum Business Card.

The Card comes in metal with a $395 p.a. annual fee. It includes complimentary Travel Insurance (Terms, conditions and exclusions apply, such as maximum age-limits, pre-existing medical conditions and cover limits), credit back to your Account from spending at participating merchants, increased earn rates on certain categories up to 200,000 Membership Rewards Points per year, and Card Members can add two complimentary Employee Cards at no extra cost, then $75 p.a. thereafter.

It is worth knowing that Membership Rewards Ascent points are transferable to 11 key frequent flyer programs, including Velocity, KrisFlyer, Asia Miles, Etihad Guest and more.

Card Details

CardAmerican Express Business Gold Plus Card
Loyalty ProgramAmerican Express Membership Rewards
Points earned from spendEarn up to 3 points:
3 points per $1 spend at Xero, Google Ads, Meta, Amazon Web Services and Dell.
2 points per $1 spend with AccessLine®. Subject to an application and approval process.
1.5 points per $1 on everyday spend.
1 point per $1 spend on government spend.

T&Cs apply. After a total of 200,000 points is earned in a calendar year, you will earn 1 point for every $1 for all spend, uncapped and with no expiry.
Included InsuranceTravel Insurance (PDS)
Overseas transaction fee3% of the converted amount
Mobile walletApple Pay, Google Pay and Samsung Pay
Minimum income requirementAnnual business revenue of $75,000 or more
Annual Fee$395 p.a.

Benefits of the Business Gold Plus Card

The benefits of the Business Gold Plus Card include:

  • Able to earn Membership Rewards points on eligible spend
  • Up to 2 Employee Cards at no extra cost, $75 per Card thereafter
  • Extend your cash flow by up to 55 days
  • Flexible Payment Option
  • Travel Insurances (read full PDS here)

American Express Business Gold Plus Card is a Charge Card

This is a Charge Card, which means that the balance of the Card must be paid for in full each month, as opposed to a credit card, where you can carry your balance over to the next month.

American Express offer some more detailed information regarding the differences between a charge and credit card here.

Earning points from spend on the Business Card

With the American Express Business Gold Plus Card, you will be able to earn Membership Rewards Ascent points on all eligible spend.

Membership Rewards partners with the major frequent flyer programs in the region as a flexible points program, which allows on-demand transfers of your points over to the frequent flyer program at your request.

The American Express Business Gold Plus Card earn rates are as follows:

  • 3 points per $1 spend at Xero, Google Ads, Meta, Amazon Web Services and Dell.
  • 2 points per $1 spend with AccessLine®. Subject to an application and approval process.
  • 1.5 points per $1 on everyday spend.
  • 1 point per $1 spend with government bodies including the ATO.

The ability to earn 1.5 points per $1 on utility transactions including gas, water, electricity providers and insurances is a big advantage of the Card. You can also earn 1 point per $1 on all government spend such as the Australian Taxation Office, Australia Post, federal/state and local government bodies.

Accelerated earn rates apply on the first 200,000 points earned per calendar year, then you will earn 1 point per $1 on eligible spend across all categories, uncapped and with no expiry.

Flexible Payment Option

Business owners can free up their cash flow with an instant line of credit on their Charge Card. Instead of paying off the balance in full each statement period, it can be paid off over time. T&Cs apply.

How it works:

  1. The Card Member will receive a statement at the end of each statement period summarising their spend
  2. They can choose to pay the Closing Balance, the minimum amount due, or any amount in between (up to their Flexible Payment Option Limit).
  3. They can carry over any unpaid amount to their next month’s balance. Any amount not paid in full will incur interest at a rate of 22.99% p.a. until repaid.

Statement Credits

American Express Business Gold Plus Card Members are also entitled to receive up to $550 credit back from a number of merchants within 12 months. Note that enrolment is required to receive these Statement Credits.

  • Simplify finance with Xero accounting software and get $100 credit back to your account
  • Spend with Google Ads and get $100 credit back to your account
  • Find new customers with Meta for Business and get $100 credit back to your account
  • Spend with Amazon Web Services and get $100 credit back to your account
  • Spend with Dell Technologies and get up to $75 credit back twice a year

Travel Insurance

Given that each person’s insurance needs are different, we will list down the coverage that comes with the Card but make sure to check out the full Business Gold Plus Card Insurance PDS and assess whether it will cover your needs.

Know you’re covered both domestically and internationally with complimentary Travel Insurance for you, your spouse, and your Employee Card Members when you pay for your return trip with your American Express Business Gold Plus Card.

The insurances included are:

  • Medical Emergency Expenses Cover
  • Business trip completion Cover
  • Trip Cancellation and Amendment Cover and Travel Inconvenience Cover
  • Personal Baggage, Money and Documents Cover

Terms, conditions and exclusions apply (such as maximum age-limits, pre-existing medical conditions and cover limits. This guide references some of the benefits of insurance policies provided with this Card. You should read the PDS and obtain independent professional advice before obtaining this product.

Mobile wallet integration

American Express cards support Apple Pay, Google Pay and Samsung Pay, meaning you can use this card on your smartphone for easier payments.

Read the Point Hacks guide to using Apple Pay or for using Google Pay and Samsung Pay, including instructions on how to add your American Express card to those services.

With this feature set up, it means you could still use your NFC-enabled phone to make purchases with your American Express account, even if your physical card is lost or stolen and pending replacement.

Key eligibility requirements for the American Express Business Gold Plus Card

  • Must be an Australian citizen or a permanent resident
  • Have a business revenue (pre-tax) of $75,000 or more
  • Operate a trading ABN or ACN

There are no requirements for the self-employed to have been trading for 18 months or 12 months if they hold another American Express Card when considering the Business Gold Plus Card. Therefore, this Card could be an alternative to the higher annual fee American Express Platinum Personal or Business Charge cards.

Summing up: American Express Business Gold Plus Card

If you need a Business Card to be used for business-related expenses, then the American Express Business Gold Plus Card is worth considering, given its feature-packed with a reasonable ongoing annual fee.

The improved earn rates on certain categories, complimentary merchant credits and increased cash flow days makes this Card a compelling proposition.

If you are after a Business Card with even more features and options, the American Express Platinum Business Card might fit the bill better, even with its higher ongoing annual fee.

150,000 Membership Rewards Bonus Points® with the American Express® Business Gold Plus Card was last modified: October 2nd, 2024 by Daniel Sciberras