Maximize Your Amex Gold Card | Top Things to Do Once You Get Your American Express Card


Hey everyone, how’s it going? It’s Ernest
from Trip Astute. In this video, we’re going to be covering some tips to help
you maximize your American Express Gold card. (light chiming music) The revamped American Express Gold
card was all the rage last year, so I know a lot of you applied for the card,
especially to take advantage of some of the promotional benefits and the special
rose gold color. I know that I’ve been so focused on Chase cards for the past few
years, so I wanted to share some things that you might miss if you’re new to the
Membership Rewards program. I did a similar video on maximizing the Chase
Sapphire Reserve card a few years ago that still seems to be popular, so I
thought doing something similar for this card would be helpful. So today, I’m going
to run through some of my recommendations for those of you who are
new to the program, especially if you just recently got the Gold card. Some of
these recommendations might be very obvious for those of you who are more
experienced in the points of miles hobby but I’m hoping that the video is still a
good reminder and I tried to include some more obscure tips as well that should be
useful for those of you who are veterans in this hobby. Before we jump in, if
you’re new here, welcome to our channel. Trip Astute is a travel channel that is
focused on sharing ways to make travel easier, affordable, and more enjoyable.
Traveling can be stressful and expensive, so we’re looking for ways to help you
maximize your experience through travel tips, points and miles, and innovative
gear. If that sounds interesting to you, please consider subscribing. So, let’s
jump through the list of suggestions for maximizing your American Express Gold
card. Number 1: Add the card to your account. Most times when you activate a
new American Express card, it should automatically appear in your profile
alongside any other American Express cards that you might have. But I know
that some people, including some of my friends, activated their cards and noticed
that American Express wanted them to create a new profile. If that happens,
you’re going to want to use the Add Another Card option under your profile.
That way, you’ll be able to see all your American Express cards using the same
login and dashboard. Number 2: Enroll your preferred airline
for the $100 fee credit. American Express allows you to designate
your preferred airline every January. Once you select a preferred airline, you
can get up to $100 a year in credits for incidental fees. This can be a bit
confusing, especially if you’re used to using the
travel credits on the Chase Sapphire Reserve which doesn’t have any
restrictions. Instead, the $100 incidental fee credit from American
Express covers fees other than your ticket. Things like change fees, baggage
fees, in-flight snacks and drinks, and airline lounge passes. This makes it a
bit tricky. For example, Wi-Fi on the plane might not trigger a credit if it’s
not charged by the airline. In many cases, the in-flight Wi-Fi is from a company
like Gogo, which means that you’ll get a charge on your card from Gogo instead of
the airline, which means that you won’t be eligible for the credit. Another thing
to keep in mind is that gift cards are technically not considered eligible for
the bonus. However, a few airline gift cards that are purchased directly from
the airline will still trigger the credit. As of January 2019, people are
reporting that the credit does appear for American, Delta, and Southwest gift cards.
Though this might change so I wouldn’t bank on it. Instead, I recommend using it
for any fees that you might incur from the airline, like change fees or even
food and drinks on the plane. Lastly, you should be able to take advantage of this
benefit twice in your first year of having the card, so make sure you’re
using your airline credit before the end of the year. And if you’re in your first
year of card membership, make sure to use it early the following year if you’re
not 100 percent sure you’re gonna keep the card. Number 2: Enroll and use your
monthly dining credit. The American Express Gold card gives you $120
of dining credit. The catch is that you can you only use up to $10 per month
of the credit and it has to be at one of the following restaurants or food
delivery services. On that note, be careful of GrubHub and Seamless
purchases. While it’s a good way to use the credit, I’ve noticed that the prices on
GrubHub and Seamless can sometimes be higher than purchasing directly from the
restaurant. For example, a local Mexican restaurant chain called Sharky’s is on
Seamless, but I noticed that the prices were higher than the prices listed on
their own ordering system. Since the restaurant is within walking distance of
my place, I usually just pick up the order and save on the delivery fee. But I thought
I’d share just in case you’re ordering on Seamless and you notice that the
prices seem a little bit higher. Number 3: Add your card to dining rewards
programs. Since the American Express Gold card earns four membership reward points
per dollar on dining charges, it makes sense to use it as your dining card.
Though if you’re like me, you’re probably used to using your Chase Sapphire
Reserve or Preferred card, and you probably enrolled your Sapphire card or
Freedom card in your dining rewards program. For example, I use the United
MileagePlus Dining Rewards program and completely forgot to add my American
Express Gold card until recently. So don’t forget to add your Gold card,
especially since you’re likely to be using it for dining out expenses. Number
4: Enroll in ShopRunner. Your American Express Gold card comes with a
complimentary membership to ShopRunner. ShopRunner is like Amazon’s Prime
shipping service but for other online businesses. You basically get unlimited
and free two-day shipping from a ton of different retailers. In fact, I used mine
last month when I ordered my DJI Osmo Pocket from Adorama and I was really
impressed that I was able to get free two-day shipping with my order. So make
sure you enroll because it won’t be active until you click the Enroll Now
button and complete the process. Number 5: Check Amex offers. We’ve covered this tip
on a couple of other videos. One of the most underrated features with all
American Express cards is the Amex offers. We use these all the time and I
really appreciate the way that American Express implemented this bonus. You don’t
have to use a special portal in order to qualify for the offer. All you have to do
is add the offer via the app or online, and you’ll get the bonus when the charge
hits your card. This also means that you can use coupon codes or even cash back
portals to really maximize your rewards. Number 6: Shift your spending. If you
have this card, then you’re probably going to want to use it for its bonus
categories of dining out and groceries. I know it’s hard for me to remember which
card to use at times. This is similar to my rotating bonus categories cards where
I often can’t remember which card I need to use, and I end up relying on my
phone’s reminder wallpaper. Since dining and groceries tend to be my
most common daily expenditure, I actually moved this card to the front of my wallet
and made it my default card on Apple Pay. Obviously, everyone’s going to have a
different system and method for remembering, but I recommend doing
something to help you use the right card in the right situation. One more thing
about the dining and grocery spend that a lot of people seem to miss is that the
bonus only applies to US restaurants and grocery stores. Even though the card
doesn’t have any foreign transaction fees, you’ll only earn the extra bonus
points when using the card in the US. So if you’re traveling abroad and using
your credit card at restaurants, you’re going to want to pack a
card with a dining bonus that isn’t restricted to the US, like the Chase
Sapphire Reserve or Preferred card, or even the Capital One Savor card. Plus,
American Express typically isn’t as widely accepted as Visa and MasterCard,
so it’s always good having a backup. Number 7: Confirm your welcome
offer. If you’re like me, you can get paranoid not knowing whether you got the
right welcome offer, especially if you didn’t get an automatic approval when
applying. If this is the case, I highly suggest using American Express’ chat
functionality on their website. You can use this feature to confirm information
regarding your welcome offer. In fact, I recently used American Express’ chat
functionality to downgrade my Blue Cash Preferred to the EveryDay card since I’m
planning to use my Gold card for groceries. I was amazed that I was
able to do it all via chat. Americans Express’ chat function is very robust and
functional, and makes it very easy to get information and even make account changes. Number 8: Refer your friends. Since this is a dining out card, you’ll
likely have friends who ask about it when paying your bill at a restaurant. I
highly recommend taking advantage of American Express’s referral system. Your
friends will not only get more Membership Rewards points in their
welcome offer than the standard posted offer, but you’ll also get a nice
referral bonus of 10,000 Membership Rewards points. As of January
2019, the standard welcome offer for the American Express Gold card is
35,000 points after spending two thousand within three
months of account opening. However, you can get them 40,000 points by
sharing your referral code. Keep in mind that you can only earn up to 55,000
Membership Rewards points every year through referrals, and the welcome offer
could change at any time. However, if you have friends and family who are
interested, it’s a great way to get rewarded for referring them to American
Express. Do you have any tips for maximizing the American Express Gold
card? If so, please share in the comment section below. Also, if you recently got
this card, let me know what you think of it. If you’re interested in applying for
a new credit card, we would love it if you used our link in the video
description or on our website. It’s an easy way to support our channel,
especially if you found our content to be valuable and helpful. Also, we recently
launched a free card consultation service, so check it out if you want any
help with developing your card strategy in the new year.
If you enjoyed this video and found it useful, please give us a thumbs up and
consider sharing our video with others. It really helps us with growing our channel
and our community. Until next time, travel safe and travel smart.




Comments
  1. Just realized that I made a little mistake in the video … When going through my list of tips, I repeated the number "2" twice (i.e., my numbering is off!). Sorry for the confusion. 😄
    Let me know what you think about the AMEX Gold Card, and please share if you have any other tips for maximizing this card.

  2. Pro-tip for the dining credit if you don’t care about junk food, I use the dining credit to buy KFC or any other fast food and then pick up. The prices are always set and you can get two meals for the “$5 fill ups” or “4 for $4” type options

  3. I want this card but I already have the CSP. The $250 annual fee is hard to justify for me. Beautiful metal card though!

  4. Consider using your Amex Gold at supermarkets to purchase gift cards. Many supermarkets these days offer a wide variety of gift cards. This can be an easy way to earn more points from stores where you don’t have a card for that spending category.

  5. After I redeem my $300 of airline credits for gift cards (Amex Gold + Charles Schwab Platinum card) I will have $900 in American Airlines gift cards!!!

  6. I'm not sure what to do with my airline fee credit. I book all my flights with United, on my United Explorer card, so never have incidentals that I pay for. United doesnt even sell gift cards. Idk what to do ¯_(ツ)_/¯

  7. Ernest, You forgot to mention that in the first 3 months, in addition to the 4% back for dining, Amex gives you a bonus of 20% to pay for tips up to $100. This addition definitely makes the card pay for itself in the first year.

  8. Great video. I agree with you on Grubhub. It’s really not a good deal. Basically you get the tip and delivery fee covered. My tip: use the Walmart grocery app and it will trigger the 4 points per dollar, otherwise only use at regular grocery stores.

  9. One thing about the 4x on supermarkets, superstores and warehouses store like Sam's club and Cosco is excluded and make sure that your local Walmart is not a superstore

  10. Hi , my wife just applied Chase Ink Cash , but she forgot to unlock Experian report , and the application page result in "they are gonna need a longer time to review" , she already unlocked the Exp report , should we wait it out or call chase rep? would automate system do a auto hard pull again ? thanks

  11. Wow, my British Amex card has nowhere near the rewards available to the cards available over the pond.

    A measly 18 month interest free is all I get 😂

  12. Thanks for the great consultation & tips. fwiw..I haven't ruled out reaquiring an AMEX Gold in the long term, essentially now that they've made provisions for revolving credit for purchases over $100. Like any of the other cards, it's important to understand exactly what the best way is to maximize the benefits, and both AMEX and Chase require an attention span. Otherwise there's no point in getting any of these cards of one hopes to "set it and forget it". (Snoozing equals losing)

  13. Just got the card this week and was just reimbursed for my 2 Delta $50 gift cards! Still works. Has to be bought on a desktop and in $50 increments separately. That’s what I did. Great video!

  14. Ugh … looks like American Airlines gift cards no longer trigger the airline incidental credit. Thanks @AskSebby for the heads up! https://www.youtube.com/watch?v=5SY-ahDLJXk

  15. What is your opinion on their fraud protection? I recently had a fraudulent charge on my AMEX gold card, which I caught two days after the charge was made. My Chase cards always alerted me of fraudulent activity and would get into contact with me immediately. With the AMEX I had to figure out the charge was fraud. After making the charge known to AMEX I would say from that point on the service was just as good as Chase. Just wondering if anyone else has experienced this and if AMEX even has fraud alerts.

  16. Do both you and your significant other have the gold card? Or do you have an AU so you can both maximize on your eating out and groceries?

  17. How did you create that wallpaper on your phone ?, I constantly forget exactly how many points my card offers that’s a great way to remember!

  18. Whoa wait….that phone wallpaper is brilliant. Do you have a wallpapers for the chase freedom card that we can download for the 5% rotating categories each year?

  19. If you want to open this card and get a bonus 50,000 pants use this link (@t. Highly worth the yearly fee with that amount of points in the first year. Definitely a big fan of the Business Gold card. I usually just leave is on autopay for my biggest two categories and let the x4 points roll in.

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