American Express® Business Gold Card vs Blue Cash Preferred® Card from American Express

This comparison aims to help you decide between the American Express® Business Gold Card and the Blue Cash Preferred® Card from American Express. Each card has unique features that cater to different spending habits and financial goals, making it essential to understand what each card offers.

Card Overviews

American Express® Business Gold Card

The American Express® Business Gold Card is designed for business owners who want to maximize their rewards on business-related expenses. It offers flexible rewards structures that adapt to your spending, making it ideal for those with varying business needs.

Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express is tailored for consumers who prioritize cash back on everyday purchases. It provides robust cash back rewards, particularly on grocery shopping and streaming services, making it a great choice for families and everyday spenders.

Detailed Feature Comparison

Rewards Highlights

Blue Cash Preferred® Card from American Express

• 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
• 6% Cash Back on select U.S. streaming subscriptions.
• 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more.
• 3% Cash Back at U.S. gas stations.
• 1% Cash Back on other purchases.

American Express® Business Gold Card

• Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
• Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
• 1X is earned for other purchases. **

Pros and Cons

American Express® Business Gold Card

• Pros:
  • High rewards rate on business expenses.
  • Flexible rewards categories adapt to spending.
  • No foreign transaction fees.
• Cons:
  • High annual fee.
  • Minimum spending requirement for welcome bonus.

Blue Cash Preferred® Card from American Express

• Pros:
  • No annual fee for the first year.
  • High cash back on groceries and streaming subscriptions.
  • Cash back can be redeemed easily.
• Cons:
  • Annual fee after the first year.
  • Limited to consumer spending categories.

Who Should Consider Which Card?

The American Express® Business Gold Card is ideal for business owners looking to maximize rewards on their spending across various categories. If your business expenses are diverse, this card can provide significant value through its flexible rewards structure.

On the other hand, the Blue Cash Preferred® Card from American Express is more suited for everyday consumers, particularly families who frequently shop at supermarkets and use streaming services. Its high cash back on common expenses makes it a practical choice for maximizing savings on everyday purchases.

Conclusion

Ultimately, your choice between the American Express® Business Gold Card and the Blue Cash Preferred® Card from American Express should reflect your individual needs and spending patterns. Consider your financial goals and spending habits to make the best choice for your situation.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”