Reviewed by Jen, founder of MoneyMint · Updated September 25, 2026

American ExpressBusiness Charge Card

American Express Business Gold Rewards Card

Our take: strongest for groceries and gas — about 1.7% back in value (est.) for $199 a year, plus a welcome bonus we value at roughly $1,190.

Welcome bonusUp to 70,000 Membership Rewards points as a new business cardmember

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Our review

The Business Gold Rewards Card is American Express Canada’s mid-tier business charge card: a flat, uncapped 1 point per dollar on every purchase, a quarterly bonus for higher-spending businesses, and a lower $199 annual fee than the Business Platinum. It suits small businesses that want simple, uncapped earning without paying for premium travel perks they won’t use.

3.6out of 5

MoneyMint rating

#9 of 15 business cards · How we rate

Rewards value

4/10

Insurance

8/10

Flexibility

6/10

Welcome bonus

10/10

Fee value

6/10

Perks

4/10

≈ $1,409

estimated first-year value after the annual fee, on a typical $2,050/month budget. Points are converted to dollars using MoneyMint’s own valuations — see our points value calculator for how each program is valued. Compare all 15 business cards →

At a Glance

Annual fee

$199/yr primary$50/yr per additional Employee card

Rewards rate

1 pt/$1, uncappedplus quarterly bonus at $20,000+ spend

Welcome bonus

Up to 70,000 pts

Rewards

~1.7%on groceries (est. value)

Credit score needed

Very good

Foreign transaction fee

2.5%not officially published for this card

Pros & Cons

Pros

Uncapped 1 point per dollar on every purchase, points never expire
Quarterly bonus of 10,000 points (up to 40,000/year) when the account posts $20,000+ in net purchases in a quarter
No preset spending limit and up to 55 interest-free days
Statement credits toward Dell and Instacart (amounts and end dates change — verify current terms)
Employee Card Misuse Protection on supplementary cards
Mobile device insurance up to $1,000 per insured person for theft, loss or accidental damage when you charge or finance the device on the card

Cons

$199/year plus $50/year per additional Employee card adds up for multi-card teams
A 30% rate applies to any Due in Full balance not paid on time
Quarterly $20,000 spend threshold for the bonus is out of reach for many small businesses
Foreign transaction fee is not officially published for this specific card — treat 2.5% as an estimate

Rewards & Earn Rates

All purchases1 pt/$1uncapped, points never expire

Quarterly bonus10,000 ptsper quarter with $20,000+ in net purchases, up to 40,000/year

This is a charge card. Due in Full balances carry no separate purchase APR, but a 30% interest rate applies to any amount not paid by the due date. An optional Flexible Payment Option lets you carry a revolving balance starting around 21.99%, rising to 25.99% or 29.99% after missed payments.

Who It’s For

Best for

Small businesses that want simple, uncapped 1x earning without a premium annual fee
Businesses with consistent $20,000+ in quarterly spend who can capture the bonus
Businesses that can pay Due in Full balances on time each cycle

Not ideal for

Very small or seasonal businesses that won’t hit the quarterly bonus threshold
Businesses that need to regularly carry a balance (the 30% delinquency rate is steep)
Businesses wanting premium travel perks (see the Business Platinum Card instead)

Not Sure? Three Cards People Compare It With

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MBNA Rewards World Elite Mastercard

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Fee $120Rating 3.4 ★Bonus $300

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Tangerine Rewards World Elite Mastercard

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Fee $120Rating 3.4 ★Bonus $600

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RBC Cash Back Preferred World Elite Mastercard

Pick this instead if you want a lower annual fee ($120).

Fee $120Rating 4.1 ★Bonus $300

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Frequently Asked Questions

What is the annual fee for the American Express Business Gold Rewards Card?

The American Express Business Gold Rewards Card has an annual fee of $199/year for the primary card; $50/year per additional Employee card.

What is the rewards rate on the American Express Business Gold Rewards Card?

The American Express Business Gold Rewards Card offers: 1 Membership Rewards point per $1 on all purchases, uncapped, points never expire; plus a quarterly bonus of 10,000 points (up to 40,000/year) when the account posts $20,000+ in net purchases in a calendar quarter

Does the American Express Business Gold Rewards Card have a welcome bonus?

Up to 70,000 Membership Rewards points 50,000 points after $7,500 in net purchases in the first 3 months, plus 20,000 points after $30,000 in total purchases by the 12-month account anniversary. Offer limited to new Business Gold Rewards cardmembers.

What credit score do I need to qualify for the American Express Business Gold Rewards Card?

Generally, you’ll want a very good credit score to be considered for the American Express Business Gold Rewards Card. Approval also depends on income and overall credit history, not credit score alone.

Does the American Express Business Gold Rewards Card charge foreign transaction fees?

2.5% (consistent with Amex Canada’s standard rate; not explicitly published for this specific card)