Amex Gold Card: 7 Reasons to AVOID

[@AskSebby]

💸Get up to 15 Free Stocks + $10 cashback on Moomoo: asksebby.com/moomoo (exp 11/15/22) 💳 Amex Gold Card Calculator: www.asksebby.com/credit-card-reviews/amex-gold-card 💳 Sebby's Card Picks: www.asksebby.com/credit-cards

[@blakinsideandout]

👑The number one reason explains me. Living in a small town in Bama = no uber. The restaurants for the dining credits are all at least an hour away = no dining credit. Effective annual fee = $250

[@MarkReese]

I’ll admit…I do think about dropping the Amex Gold and switching to the U.S. Bank Altitude Go from time to time 😬

[@poppy87]

The streaming credit alone is worth the Altitude go.

[@Marlinreiblkguy]

Bro I'm in that boat. I'm team Cash back rn. And the USBAG is the best year around card for dinning. I've been looking at that card for a few weeks now

[@LK_EBM]

At some point, you have more MR then you can spend. Cashback just makes me sense after that

[@curmudgeonextraordinaire1884]

I’m thinking of dropping the Gold and getting the CSP, especially if they raise the AF and add on more useless credits.

[@kaibidell6605]

I will not hear one word against the gold card! Not one! Do you hear me Sebby?! This is heresy! 😂

[@AskSebby]

🤪

[@Alvin_1914]

#Goldgang

[@Manhattan_]

Right?! This blasphemy! 😂

[@Elricky124]

@@AskSebby devil’s advocate on the loose!

[@supreme5998]

It’s okay.

[@jesusalvelo1249]

If I had to keep only one credit card and eliminate others, I would keep the Amex Gold. The 4X on restaurants/groceries and 3X on travel is amazing.

[@rene.s.s]

My sensical brain agrees with this, but the vain Mofo in me requires the Platinum card.

[@Co0kieNo0dle]

Yup, I eat out so much and my bro does so much grocery shopping that I rack up so much points that I get FREE round trip airplane tickets.

[@ayman.ibrahim]

But you still can get the same 4X with $0 annual fees.

[@rene.s.s]

@@ayman.ibrahim if you eat out then the Gold card is $10 eAF. AmEx offers are a nice bonus as well. Is there another card that comes close to 4x/8% with that low AF?

[@SolidLiquidFox]

Amex offers are the key. Everything else being equal, a good Amex offer on a restaurant or any merchant can boost its value beyond the annual fee. The problem for most is the barrier of entry of a high annual fee even with the credits.

[@tylerpartin3676]

I get what he’s saying but if people who are tighter and don’t spend as much were wondering….. You only have to spend $520 a month or $6,200 a year in restaurants or groceries getting the 4x points to break even on the annual fee and that’s if you don’t buy anything else for travel, etc, or use the credits. So that helped me see if I would break even or earn somethin. Hope that helps someone.

[@SolidLiquidFox]

Anyone using the Schwab cash out method at this stage of the game needs to evaluate the Citi quadfecta. MR points should be used for aspirational travel. That's the only way the annual fees make sense especially on the Platinum. The Gold card in its current form is the best Amex card. The $250 AF is the sweet spot for 4X if you are looking to generate lots of MR points along with a BBP for general spend. The moment they raise the AF on the gold you'll see lots of people move on because of the physiological barrier of spending too much on fees. Regardless of credits or coupons that they may add.

[@KR-oo5xn]

Many MR points hoarders overlook how difficult is to redeem MR points for aspirational travel. Try to get 2 "saver" business tickets to any attractive destination on any partner airlines - it's impossible. If you find 1 way, there is no return, or crazy connections offered making it useless. It became totally impossible now post-Covid when many airlines do not allocate enough seats for redemptions or do not have advanced schedules in place to book award flights at the earliest possibility.

[@SpencerJohnsonOfficial]

The two main reasons I tell people to not get the Amex Gold card are if they can't get value from the credits naturally and if they don't want to use their points for travel. Of course, there are more reasons you should avoid it as you mentioned here, but there are also a ton of reasons to get it, so you just have to weight the pros and cons for yourself. Great video Sebby! 👑

[@ghgilland]

I think the "coupons" are a waste of money. They force you to spend when you otherwise wouldn't. Had this card years ago and will never go back. Amex knows exactly what they're doing.

[@CBRboy1717]

👑Cancelling my Gold card in December. Hate the couponing aspect, plus we bought a house in the burbs and never Uber anymore. I can get 4x on restaurants with my Savor card which feeds my Venture X points piggy bank. I’m applying for the EDP to get the 4.5x on groceries and 3x on gasoline and I’ll move my points over from my Gold card. It was good while it lasted….. 🤷🏼‍♂️

[@biblioholic7139]

You forgot to mention that if most of your grocery spend is at non-grocery (Walmart, Target, wholesale clubs) stores you don't get the 4x at those places.

[@royalkingaces]

The 90K bonus offer they recently had for the Gold made it a no brainer for me, especially living in NYC and spending most of my money on restaurants and take out. This compliments my Venture X, CSP and Flex cards nicely.

[@alexthai5223]

Flex as in the chase freedom flex?

[@grahamfloyd3451]

Why do you prefer the AmEx Gold for restaurants over the Chase Sapphire Reserve? I just picked up the AmEx Gold for the 90k welcome bonus.

[@o.c.g.m9426]

Does anyone in your generation cook their own food 😂😂

[@smileychess]

@@o.c.g.m9426- I do, which is why I have the Blue Cash Preferred for 6% cash on groceries.

[@engineerengineer2218]

The Savor card is 4x back on dining/entertainment/streaming, 3x on groceries all world wide, 5x back on hotels/car rentals through the c1 travel portal plus has purchace and travel protections. The downside to use travel partners you must get a venture card. Overall the Savor card is more usable(master card) and has similar if earn categories as the amex gold. The the savorone is the no annual fee option. Note I have both cards.

[@havalopez]

I wish they would have upgrade/downgrade paths for these cards. I had the savor but downgraded during Covid, could only go to Venture. Now, I can’t get savor back. Silly.

[@engineerengineer2218]

@@havalopez I have the Savor for over 5 years and just got the Venture X. The cash back from the Savor can be moved to Venture miles. Overall I prefer the combo over my Amex Gold and Platinum cards. I'm not an uber eats and grub hub fan due to prices and limitations on what's available so the 240 dollar gold card credits can be a chore.

[@zoraster3749]

@@engineerengineer2218 Same here 👍

[@kndvds1492]

We never use Uber and none of the restaurant options are in the Daytona Beach area, so @ a $95 annual fee the Blue cash Pref is a no brainer.

[@Dinkleburggg]

The Amex gold can be so frustrating. There are so many restaurants that it refuses to give 4x to. A lot of the restaurants will code themselves as restaurant & bar because they serve alcohol (literally what restaurant doesn’t??) and Amex doesn’t count that as a 4x. I find this especially true about nicer restaurants, meaning leaving even more points on the table.

[@boogeymanw9643]

Give them a chat in their app. For some reason my favorite restaurant (which also where I work) counts as Miscellaneous but not restaurant. I chat up with them and they happily give me 4x back. It was a hassal but hey, no hard work that won't pay off haha. Goodluck.

[@Dinkleburggg]

@@boogeymanw9643 I’ll give that a try! Thanks for letting me know. My research told me they are sticklers on this, but sounds like it is possible

[@darnellsettles6991]

👑 Gold for points. Platinum for perks. You really need both for an AMEX setup. Thinking about adding a green for hotel points, and not sure if it really makes sense.

[@SirTurdle]

👑 I get all my groceries from a neighborhood walmart, all my medication from ingles (it counts as 4x on groceries) and I use ubereats and grubhub to order food for my retired parents. I pretty much have the perfect use case for the gold card

[@CM0N3Y2021]

Doesn't Walmart not count as grocery though?

[@slicklizardchamp]

@@CM0N3Y2021 a super Walmart does, the one that has the retail clothing and home goods in the same store with a grocery store. Neighborhood market Walmarts are strictly grocery stores. The neighborhood market Walmarts count as 4x…super Walmarts don’t

[@johnoverton8438]

The gold card really is my workhorse card. Restaurants and Groceries. Add in the Uber Eats and Dining Credit and it is only a $10 card and that is before the coupon book offers all year long. A few fav restaurants end up being 6X with offers. On top of that I tend to move my gold card points to Hilton when they have a high transfer bonus so in effect I get 9.6-12X Hilton points from using the gold card. Far higher than my Aspire card earns for non-Hilton expenses. Even at .06 cents each, that is 5.7 - 7.2 per dollar spent on the gold card and I tend to get Hilton redemptions at not .06 each but .099 each this year. I couple this with a couple platinum cards, the Aspire card, and a few more Marriott cards. My latest Diamond Status experience in Santa Barbara, California was spectacular and it was all points and certificates and sitting looking out on the ocean. 👑 Johnny-O

[@slicklizardchamp]

Same! It’s my workhorse card and has been since 2019. Credits are a tad annoying to have to use but it’s not hard. I set a monthly reminder to use both credits and I always eat out on the weekends so I’ll just get food via Grubhub and Uber eats and do it that way. For a net $10 AF card this is a heavy hitting point earning card. As long as you’ll play the annoying game of using the monthly credits, easy decision to use the Amex gold daily. Nice job on your redemptions with your MR points!

[@tallin32]

👑 Where the Gold Card really comes into its own is if you can Maximize all of the credits AND you carry a corporate card. The corporate advantage program knocks $100 off the annual fee-they’re paying me to keep the card. I do wish it was 6x points on supermarkets though. BCP but for folks that like the flexibility of MR points.

[@stefanmaciolek6540]

The gold card was great when it came out, but I think the citi custom cash killed it since it allows you to essentially charge on only groceries and get 5x back. Plus all chase cards now have 3x on dining, if you have a CSP that's 3.75 when used thru the portal with better coverages than the gold for a cheaper fee. I think canceling it for me will be a no-brainer.

[@curmudgeonextraordinaire1884]

The Gold card is overpriced for what it offers.

[@isobel64]

@@curmudgeonextraordinaire1884 agrees. Cancelling if next year

[@johnperkins5450]

Great video Sebby! I’ll be getting rid of my AMEX Gold next year. I had planned on it last renewal, but I got an ok retention offer, that made it worthwhile to keep for another year. I personally value the Gold’s credits at 50%, based on my situation, including the hassle of remembering to use them each month. This year I got the Citi Premier, with its 3x on groceries and gas. Being a single person household, the extra 1x (4x v. 3x) the Gold gives, doesn’t cover the extra annual fee cost, in my personal card value calculation. *My calculation doesn’t even factor in that when my Chase Freedoms have a 5x quarterly gas or groceries category, I use those cards for gas or groceries, and buy some gas or groceries gift cards to use outside of those elevated quarters. Good bye Gold card, we had fun for a while, but I don’t ❤you anymore. Thanks for the memories/Sub! 😊

[@uhmerrykan]

How many points were you offered to keep your Amex Gold card when you threatened to cancel if you don't mind me asking?

[@johnperkins5450]

@@uhmerrykan 15K for $2K spend in 3 months.

[@uhmerrykan]

@@johnperkins5450 thanks for that mate.

[@ayman.ibrahim]

👑 this card used to make sense in 2018 , but now it's not worth it to keep chasing the $10 here and there every single month. Great video.

[@isobel64]

Agreed. I really should have cancelled when they got rid of return protection for it. Obnoxious

[@SonnyChanhvongsak]

Want the card but wouldn't really use the monthly credits unless they gave it to me all up front as I seldom use uber eats or grubhub

[@BlueXDShadow]

These food services allow you to pick up your food yourself too. This lets people who would rather walk/drive themselves order food and also reap the benefits of the card.

[@jxs20193]

Great video, this card is a solid choice for many people, but for me not so much for many of the reasons stated. The multipliers don't seem that compelling to me when I can easily earn 3X to 5.25X on category spend with no fee cash back cards. I don't utilize rideshare that often, and don't use food delivery because of fees and up charges, Additionally, I rarely frequent any of the restaurants required for the credit. I'm not opposed to paying an annual fee when I receive value for doing so. I currently hold Ritz Carlton, Platinum, SW Visa, and CSP.

[@boogeymanw9643]

If this helps, you can use that $10 monthly on uber to pay for the Uber one so you don't have to pay for delivery and fees.

[@jxs20193]

@@boogeymanw9643 Appreciate the tip!

[@mcnuonuo]

I had a Platinum first and just got the gold and have been just using it for groceries and food. I am already kinda mindful of spending the $15 Uber credit from the Platinum anyway so that becoming $25 is no issue. And I’ve been thinking that I earn 4x points every bite of food I’m chewing. Amex got me good!

[@vicg5323]

Great video. Are the lounge users confusing Gold card with Gold Medallion status? I upgraded to Delta reserve just for the Centurion lounge.

[@BertiferousRex]

Offers. Have had the card 4 years next month and have redeemed almost $700 back in offers on top of the credits. I'm literally being paid like $150+/year to have the card. Unfortunately so many small restaurants around here are now charging CC fees of 3-4% it's really eating into the benefit of the 4x points. (crown emoji)

[@gregunltd]

One of the best cards on the market 🔥

[@VincentPascual]

Not a fan of the monthly credits. I had the temporary monthly dining credits (that you could use anywhere) on my Delta Gold in 2021. They were a hassle to keep track of, even if I was going to use them anyway. I also had an Amex offer for 3 months of Uber Eats (basically, 3 months of Uber credits), which was not easy to track or redeem. These credits were a dry run to see if the Amex Gold would be useful for me, but I took a hard pass. The Capital One SavorOne card offers 3% back on dining and groceries with no annual fee. This is a great way to build up Venture Miles, since you can convert cash back to Venture Miles. 👑

[@srdrpk]

👑great stuff! that lack of $0 AF downgrade is a big reason I'm not particularly fond of the AMEX system.

[@Clementinee]

👑 The lack of a $0 AF downgrade path is the biggest reason for me. I like being able to try out a card without making a big commitment 👑

[@veezhang6988]

You can get the 0AF Everyday card and close the Gold. It hurts credit score for a little but probably the best way out.

[@acefr8816]

There is no commitment. You can cancel it any time. The sign-up bonus is once per life time though, so you only want to sign up when the bonus is high.

[@Scott-td4fd]

@@veezhang6988 The Everyday Card is my first Amex card and while it doesn't get used much anymore, it can hold the points if it became my only Amex card in the future.

[@aliciarhoden]

@@veezhang6988what’s OAF?

[@veezhang6988]

@@aliciarhoden no annual fee

[@OperationNonsense]

whether or not the gold car makes sense entirely depends on if your lifestyle can take advantage of the uber and dining credit. i personally hate the taste of shake shack, and much rather amex adds other restaurants for the dining credit, but i pop in my neighborhood shake shack for a beer or lemonade once a month, and read the news on my phone for 15 min. and yes, for the record, shake shack sucks, in n out is supreme.

[@curmudgeonextraordinaire1884]

You don’t have to open a business checking account, the personal checking also allows you to cash out at .8cpp

[@franklinjones6862]

1 second ago I was approved for a American blue cash express card in late August. A few weeks after I applied for American gold card. All approved. the gold card had no preset spending limit with a $6000.00 cash advance. back in October I withdrew $2000.00 paid it all back in 3 days. never a carried a balance. didn't use the card for 2 months. this morning I withdrew $1000.00. I looked on my American Express app and now my entire limit is $2000.00. I spoke with a representative and they told me I had too many cash advances and too many recent inquiries on my credit report. my credit utilization is 0% on all my cards. I borrow and pay back with my $8000.00 limit navy federal credit union card all the time and this has never happen.

[@JacksonWelch]

I wonder if Amex will really consider raising the AF if we see the economy take a downturn.

[@08710909]

I've had the Gold card for 3 weeks now! I'm loving it! My Chase trifecta (CSR,CFF,CFU) are still my work horses

[@lawrence112]

Should be titled “only get cards that actually fit your lifestyle” not reasons to avoid the gold card. You could make a video like this for every single credit card out there

[@Daniel_Braun]

🔥 thumbnail… literally!

[@AskSebby]

Thanks! :)

[@zerocarbdoc]

Ask Sebby fan here, watching for years. Be careful especially over the next year or so. Too easy to get out of hand, you don't need all these credit cards. Only need a few cards and pay off every month. Very easy to fall into the Credit Card trap.

[@veezhang6988]

$240 credit values around $200 for me. I haven't taken a taxi for several years so I'm using Uber credit exclusively on Uber Eats, and the only dining credit option available to me is Cheesecake Factory, so I'm spending that mostly on Grubhub. Both platforms have around 20% higher cost for nearly every restaurant around me (comparing against ordering on restaurant's own website or calling). Oddly enough, the only option I found that does not charge anything extra is KFC.

[@willdrake254]

That’s how I feel too. February will be my anniversary for year 1 of the golf card and I may cancel for that very reason unless I get a hell of a retention offer. I’ve used every single Uber credit on Uber/Uber eats and every dining credit on grub hub or shake shack. But Uber eats and grub hun up charge everything so it barely covers half of a single person meal most the time. On the hunt for a good dining/grocery combo card. Definitely enjoy collecting mr points but $250 a year is kind of expensive for the lack of credits you really get

[@veezhang6988]

@@willdrake254 I got a retention of 20k pts earlier this year so still gonna keep it for several more months, after that I'm probably cancelling as well. My baseline solution for dining/grocery is my custom cash and my wife's custom cash.

[@randomsonmymind6919]

I renewed my gold card because I was offered a retention bonus. I'll cancel it next year and spend on the csp.

[@mkoller]

This video is like an ad for the Citi Premier 😂

[@zach1279]

👑 I think the AMEX Gold Card is honestly perfect for me -- a young professional in Boston! All the monthly perks and AMEX rewards make sense for me at this point :) Great video as usual, Sebby!

[@AskSebby]

Glad you can use the credits and perks! :)

[@luannehorne697]

Im glad I watched this! I was contemplating the Gold or Plat but now I will go for a CSR for hubby. I already have a CSP! Thanks so much!

[@sleepingpetal]

Really appreciate the objectivity. Hype sometimes lead people to sign up for things that do not fit their situations.

[@sirsno0py]

Seb i was at 4/24 an was going to get the chase sapphire preferred with the regular intro bonus but before I could amex offered me the gold card with the 90,000 point bonus.. I couldn't pass it up an went for the gold card. It's my first charge card an so far I really like it no problems but I know I will be asking for a retention bonus. An I must say it does feel good when I pull it out (first timer) I am however locked out the sapphire until next year but I'm ok with that the 90,000 points I will do my best to get as much value as I can on a yolo trip....was I wrong?

[@robm.8772]

I'm thinking of getting the gold card and transferring the points from my platinum card bc I dont think the annual fee is worth it anymore

[@leonlelouch1706]

big family I have, supermarket and restaurant spend goes over 20K( 80k points) to me and the welcome bonus I get is 90k + 200 statment credit, this card is definitely a must get for me

[@coreyw5981]

I always refer to statement credits and annual fees as essentially buying yourself a gift card to something. Would you be willing to buy yourself a gift card to that thing. For example i personally wouldn't buy myself a gift card for uber eats and GrubHub so this card isn't worth it to me. But like im heavily contemplating venture x because yes i would buy myself a gift card to hotels

[@alexandrasvdavis]

I’d love your pov on the blit card! Thanks for a great review as always

[@BraveheartSTIS209]

👑 LOVE YOUR CHANNEL, been watching since 2017.

[@kyleburbank6140]

Why does it have to be a business account to cash out at 0.8¢ each? Isn't the personal Reward Checking the same now?

[@curmudgeonextraordinaire1884]

Yes it is, yet virtually every KZbinr seems to forget about it.

[@gtrr3246]

👑 Didn’t know you cannot downgrade the gold to their No AF everyday cards. Another great video

[@ezrashanti]

Don't you have to cancel the gold technically and take a credit score hit?

[@Anthonyjones-pq4ff]

you spoke on No down path from the Gold card but whaat about a up grade to the platinum card with the Additional Gold card . In do you still get the same MR points

[@joeandjoeable123]

I just got the gold card. And the biggest thing for me was the overall connection to MR points I would be getting. If I save up my points for even domestic flights. From my airport, the values are over 2¢ / point making this the best everything else card for me. Also Rakuten's cashback into MR points

[@paulcandle10]

Could I order the Gold and then add my authorized user under the Rose Gold? 🤔

[@ballroombathshomedesign2949]

yes!

[@chrisaragon2639]

Personally, I have the Gold card and so far its going great! I understand that mainly the $250 annual fee does hurt from other people's views of the card especially when there are many cards out there with almost $0 annual fee! My claim is that, when you really look at it as a grocery and restaurant alone card. It can definitely give you so much value within the next 12 months! Also the "coupon" side of it with uber credit and dining credit... I like it because it makes you interact with the card and also to understand its pros and cons! Much love and great review! 👑

[@curmudgeonextraordinaire1884]

Nah, it’s overpriced for what it offers.

[@Scott-td4fd]

I also do pickups instead of deliveries for Uber Eats and the Dining Credit (for GrubHub) when feasible (close by or along my way) to get a little more out of the credits.

[@iTzDritte]

👑My wife and I both had a Gold card each, but we cancelled the second one this year when we didn’t get a retention offer. I did get a $150 Ritz-Carlton Rewards card retention offer yesterday though 🎉

[@cherifbar]

Can you discuss the Gold, Platinum Canadian Cards. I notice there are many differences between the two. For example we don’t have UBER credit on the Canadian Card. Thanks.

[@kfangirlkee2558]

👑 Great information Sebby! I’m a fan of the Gold card because I can take advantage of the perks since a lot if my costs are food expenses. The points I rack up are used for travel, so this is a win win. What I don’t like is paying an annual fee and not having a downgrade path.

[@snowdoggieii]

Uber eats has too many fees and it is more expensive on uber than in the restaurant. If a dish is 9.99 in the restaurant it is listed as 12.49 on uber. Makes no sense even with the credits, for many months my credit has been expiring because it is not worth it

[@mike9805]

I agree, AMEX Gold is no longer worth the $250 annual when there are many other cards that offer almost similar points for no annual to low annual fee. Im not a fan of the coupon book; I like it simple! So AMEX stop increasing your annual fees and adding nonesense coupon credits. We care about benefits, such as extended warranty, cell phone protection, purchace ptotection, all travel protections & benefits, etc. Many other cards offer great points and benefits for less than $100 annual fee and I began to switch as of 2021. Either lower the annual fees & make it simple, or create a Silver Card with low annual fee to compete with Citi Prime & others.

[@reemaszero]

Can I get the gold card bonus while I have a Amex platinum open? I’ve never opened the gold card but I’m approaching the end of year 1 on the platinum. Planning to cancel the platinum and open the gold card for the bonus.

[@TomSramekJr]

AmEx could really enhance the food perks/coupons/benefits on the card and make it more valuable, even with an increased Annual Fee. Having lots of “coupons” for restaurants rather than obscure or niche retailers would help. 👑

[@joelleerickson2642]

Gosh I just had to click on this click-bait title, but you actually have some good points! For me, the Gold card is the best thing since sliced bread. The credits make the card pretty much free, and the points make the profit. I like that the Uber credit can be used on transportation or food, and for food you do have a pickup option… it doesn’t always need to be delivered. Grub hub has many restaurants that I already go to in the system, so I can pickup the food I’d already buy. As someone who eats out a lot, this is a steal. 👑

[@dingmingzou9866]

I just got rid of my Platinum and Gold at once, MR points are really really really hard to use. I switched back to Chase UR + Bilt for Hyatt and travel protection.

[@dingmingzou9866]

CF + CFF + CFU + CSR + Bilt Mastercard, makes way more sense than coupon books!

[@nita8333]

Good info…Thanks! I’ve been in the personal Amex family since’04, and the Amex business gold was my first business card 01/2022. I now have 4 business Amex cards (Blue Biz Cash, Marriott Bonvoy and Lowe’s). What’s the total limit on Amex cards you can hold…business and personal? It’s an OK card, and they actually called me bright and early the other day to explain the gold benefits bc I rarely use it. I keep getting platinum business offers for 150-160K points. If a product switch is allowed, will the $295 AF I already paid be credited to the $695 AF? I want the platinum for the Global Entry and lounges at a minimum. 👑

[@officialrivv]

AMEX knows that recession bouta hit hard af. That's why they're enticing everyone with that 90K sign-on bonus. Stay smart out there, everyone

[@TheCedrik34]

👑 I just got my gold card and I was scared at the beginning of the video but it’s my last AMEX card and I got it for the grocery and dining benefit and the credits

[@shontelhorneonline]

I have platinum and gold. Still learning how to maximize having both cards to warrant the fees.

[@diamondshard2]

I currently have a 3 card set up, the Blue Cash Preferred, Chase Freedom Unlimited and the Costco Visa Card. Works pretty well and my thought behind it was I can always get the Gold Card at a later date when I see myself spending more on food when either I get a girlfriend or family, as I am single right now. So for my spending habits, it just makes sense for me to get the Gold later. I dont travel too much other than 2ish times a year at most domestically, so it doesnt make sense, but I am open to it in the future and maybe by then AMEX would have refreshed or updated the card with better perks or benefits. If not, I might look at the Capital One Venture X as my first high end card

[@chrisp7110]

I love the Costco card.

[@slappers123]

The big thing pulling me towards this card is the 3x points on booking direct with airlines. Are there any other cards that offer that??

[@hundoclub]

Love the Gold. My largest expense every month is food so getting points is very easy.

[@jakehuang3545]

I really don't get the arguments against Amex Gold: you either eat out (diner), or you cook (groceries). Both of which you get 4X reward from the Gold. What's not to like? And besides, air travel is prob your next biggest expense anyway, which this card also covers.

[@CJ_Version1]

👑 I currently have a gold delta Skymiles card. I am looking into getting the gold card but I like the online shopping credits with Blue Cash Everyday Card. Not sure which one I want to look into getting in the future.

[@damionlaverne1253]

👑 - I did read a post on Doctor of Credit not too long about AMEX sending out a survey to Business Gold users about a potential increase in the annual fee ($295 to $350). When I read the fine print, one of the potential changes floated was additions to the 4x categories for rideshares. Wonder if that could be the case for the personal Gold

[@happyron]

It's really hard for me to use the Dining Credit and I suspect that's true for a lot of people, Uber/Uber eats are mainly usable. I suspect I won't renew past the first year because of this.

[@curmudgeonextraordinaire1884]

This

[@LK_EBM]

Appreciate the realistic analysis! I think a lot of people overhype #4 and CPP. It's not for everyone.

[@Yowhatimean]

👑 Can you do a video on good end game cards to go after? I’m at 4/24 and I’ve been sitting here just applying for business cards instead lol. Also for the gold card the perks overall are good. I just wish I had a shake shack and Cheesecake Factory that were closer to me. It’s a bit out of the way to use that $10 credit so sometimes I’ll just do a pick up order for Grubhub instead.

[@DanielRall]

Great strategy video, keep'em coming!

[@WhatsThePoints1]

Surprised no one mentioned downgrading from Gold to Green, $150 AF and more travel perks that the Gold

[@gilbertnicholas1582]

I've been trying to convince myself to get rid of this card but you can't The card is great

[@redic3408]

Can you downgrade the AMEX Platinum?

[@lll8638]

👑 I didn't do enough research before getting the gold. I spend time out of the country and expected the uber credits and restaurant points to work...... they didn't. Uber credits are in USD but not foreign currencies. It's not worth it for me currently

[@eclectic_musafir]

Just canceled my Amex Gold last week - kept it one year. This card is weak compared to the Amex EveryDay Preferred and Amex Green, both of which are FAR superior cards overall, have no gimmicky and useless credits, and have the best multipliers for regular spending for almost any credit card combo for less money than the Amex Gold alone. Those are my Amex keeper cards. I just got the Delta Platinum, and get a lot more value out of $250 on that card. I liked the rose gold metal, but that's about it. The dining credits were fun for the first four months, and then after that it got really old. 👑

[@kev2020]

I spend a lot at restaurants and on groceries. My platinum is essentially grounded unless I'm traveling.

[@noahwilliams8918]

If you're spending $3k on dining get the Platinum (yes, the Platinum, not the Gold) through the Resy offer. Right now it's 125k + 10x on dining (yes, 10x) for the first 6mo. Get that, _then_ get the Gold after 6mo.

[@boogeymanw9643]

but then you would pay the $650 without having a chance of using all the credits if you are not plan on traveling for the next 6 months. ALso having a card that short and cancel is not an idea tho. Also too short of a period for retention offers.

[@Rediguana33]

Solid video Seb!

[@AskSebby]

Thanks! :)

[@zrivera4950]

I wonder why Amex limits the grocery limit to 25k annually for the Gold 🤔

[@aidennguyen4224]

Can I combine my Uber eat credits from plat and gold onto one Uber account?

[@luxurycardstore]

👑Well all I can say is oops too late. I just got my gold card in the mail this past Tuesday. I do use the monthly dining benefits because I allow myself to get takeout once or twice a month. I occasionally use Uber, but I'll have to use it as Uber Eats to make up for the slack.

[@5065-y9f]

👑 I do not like the changes they made a few years back on the Gold Amex. I do not use Uber or Uber eats. $10/month credit at certain dining establishments is tiresome, I forget to use it at times, I wish they would roll over. I would rather have the annual pre-check or airline credit return to the benefits. I feel like it’s a waste of my annual fee.

[@jaimeerindy4573]

I've definetely loved my Gold card, but I'm in Year 2 now and will have to see how it does. The credits are honestly pretty useless to me, so I'm just in it for the 4x on dining & groceries. I've been able to get a couple good redemptions with it, but not sure how long it will take to rack up those points now that I'm in Year 2

[@sholemg2513]

I got approved for the platnuim and gold , but got denied for the magnite

[@jdthompson4197]

Living in NYC the gold card is perfect for me. Uber eats/Uber and seamless credits go so fast!

[@RichardChonak]

Sebby, I can't keep track of which card to use for what purchases. (I have eight cards with different points percentages) Is there an app to help with this?

[@KL-ii1xt]

Best C-Cards in the world are cash back cards that pay 1.5-3% + with no yearly fee no nothing etc everything else is just a gamble and a flex for brokies

[@greatlife6846]

For people does not like annual fee of $250 this card is not for them.