UPDATE 1.10.19: EXPIRED
UPDATE 1.3.19: The 50,000 Amex Gold offer with up to $100 Dining Statement Credit is now set to expire on 1.9.19.
Each Friend Can Earn: 50,000 Membership Rewards® Points after they use their new Card to make $2,000 in purchases within the first 3 months of Card Membership. Plus, they can receive 20% back as a statement credit at US restaurants within the first three months of Card Membership, up to $100 back. Limited Time Offer ends 01/09/2019
This limited-time offer offsets most of the new $250 annual fee (you get the other $100 as an incidental airline fee credit (many airline gift cards are still working to get the credit). And the $120 dining credit ($10 a month) is just the icing on the top. 🙂
A few months ago I received an offer to upgrade my American Express Green Card to the Gold Premier Rewards. The offer wasn’t all that great – for one thing, it didn’t waive the $195 annual fee, and it offered a very average 40,000-points bonus after spending $2,000. At any other time I would’ve dismissed this lame offer the moment I laid my eyes on it, but:
I had just booked a few flights not long before, having depleted hundreds of thousands of miles and points.
I had been denied a few credit cards applications and was severely depressed – just kidding (or not).
My Green Card annual fee had just posted – although that had nothing to do with anything, and I don’t know why I even brought it up. 😀
Anyway, I received the card, spent $2K, got my bonus, and promptly put the card in my trusted credit card folder where it’s been sitting all this time, up until now.
Then, 3 weeks ago, the first rumors about the new revamped American Express Gold Card began trickling in. First on Reddit, then on select bloggers’ sites, then everywhere. A few days ago the new card benefits went live. And they are great benefits!
Time to get this card out of the folder, it seems.
The American Express Gold Card 25,000-Point Offer
This is the public offer. It includes a 25,000-point welcome bonus after spending $2,000 in the first 3 months and up to $100 dining credit in the first 3 months (for new cardholders only; as an existing customer, I don’t have this benefit).
Here is more info.
4X at U.S. restaurants and U.S. supermarkets
3X on flights (booked with airlines or Amex Travel)
2X on gas for EXISTING USERS ONLY
20% back at U.S. restaurants within the first 3 months, up to $100 (statement credit) for NEW USERS ONLY
$120 dining credit ($10 per month) at GrubHub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, and Shake Shack
$100 incidental airline fee credit
Annual fee of $250 (not waived) for NEW USERS ONLY
Annual fee of $195 (not waived) for EXISTING USERS ONLY
Public 25,000 American Express Gold Card Offer — do NOT apply, for there is a better option![/caption]
The American Express Gold Card 50,000 Points Offer
You get 50,000 points after spending $2,000 in the first 3 months[/caption]
There are a lot of referral links on Reddit and elsewhere, but I’d appreciate if you used my link to support my blog. You will get 50,000 points, and I will get 10,000 points if you’re approved. You are still getting the highest available bonus.
My American Express Gold 50,000 Points Offer
The newly revamped American Express Gold Card offers a world of exciting possibilities, especially for those who know how to use them. I don’t eat out all that often and when I travel, it’s usually overseas, which is not covered by the 4X categories. But if you do, you can effortlessly earn thousands of points. Furthermore, I don’t live in an area with MS-friendly grocery stores (AFAIK). But if you do, the sky is the limit! Luckily, I still need groceries, so even I expect to, at the very least, cover my annual fee. You can fare much better.
Can you spend $500 in the first 3 months? It would be difficult for me, but even I could manage. If you eat out once a week, however, you will be hard-pressed not to. $100 credit: Check!
Do you still pay for flights? If so, buy an airline gift card. If the new AMEX Gold airline credits work like the Platinum, you should be OK (even if it’s against the T&C). $100 credit: Check!
Do you use GrubHub or restaurants listed above? I don’t think it’s so hard to spend $10 a month on CrubHub. We use UberEats, but – hey – free money is free money. $120 credit: Check!
So for your $250 annual fee, you (if you’re like most people) will get the following:
$320 in credits
Whatever you earn in 4X categories
50,000 MR points
I don’t expect to pay for airfare in the foreseeable future, so I’ll have to sell an airline gift card at a loss (perhaps for ~$80), and I’m not getting the $100 restaurant credits. But I only have a $195 annual fee. And these 120 GrubHub bucks are as good for me as cash. So even I am coming out ahead.
Are you getting the American Express Gold Card?
This 50k bonus is not available if you had the PRG card?
1. Not any hubs. From my observations, the best international deals are from NYC. Boston and LA. Domestic and Caribbean deals can be found from other hubs, I’ve even found some from ATL. As to “long connections,” sometimes, yes, but not necessarily. If you take a look at my screenshots, you’ll see a bunch of nonstop flights at the cheapest rates. So, yes, a mixed bag, I agree.
2. Unfortunately not.
That restaurant deal actually sucks once you read the fine print on WHICH restaurants, etc.
Which one? The 20% off or $10 a month? The former doesn’t limit you to any specific restaurants, If you mean the latter, GrubHub used once a month is like real cash to me. We probably use UberEats now more often. But if it doesn’t work for you, then it doesn’t.
Andy, would you mind share how long have you had the green and how much spent until you received the upgrade bonus? Have been waiting for this for a long time. Thanks!
I think I started getting the upgrade offer about 10 months in with the Green. I’m not 100% sure, though. The spend was $2K/3mths.
One can refer spouse, get 10k referral right away. So wife got one for 50k,used tax payment for min spend. I had a card that was converted to gold . Got an offer in mail for this card with 50k bonus. Hmm, let’s see if amex will give me a second one—why yes they did! So, did a tax payment for min spend. As far as restaurant spend, we have a delicious Mediterranean restaurant nearby that just so happens to be in Grubhub. Do three separate orders that total about $13 (use pickup to save delivery fee), so about $40… Read more »
Hey, Johnny, what a great personal story! Thank you for sharing.
As to your last question, the answer is yes. Amex pays nice commissions. But it’s not just that. Bloggers, even big-name bloggers, are terrified of losing this source of income, so, I presume, they’re very reluctant to piss them off by providing a workaround.
Just to confirm, even with the referral, this has the lifetime language if we had the previous Gold card?
Raj, yes, if the application has the lifetime language, I’m pretty sure you’d be ineligible for the bonus even with the referral.