Amex Gold Card
The Amex Gold Card is one of the business cards you can obtain from American Express. According to the information available online from the American Express Corporation, there are no introductory balance transfer rates or purchase rates. It is unclear what the typical annual percentage rate will be. This is because it is determined by the type of business you have, how long the business has been open, and your businesses risk to the card company.
The Amex Gold Card has a pretty hefty fee regarding the annual fee. This annual fee is waived for the first year that you have the card. After the first year you will be charged 95 pounds per year. This card may not offer an interest rate based on the terms and conditions.
With the Amex Gold Business card there is no preset spending limit for up to 39 days from the transaction. This will remain in place as long as your business pays the account in full and on time every month. You also have supplementary cards for other business personnel that may need a card. You are able to set the limits on these cards. The account offers regular financial reports every month to help you see the charges on the card and any fees. The card is also set up to offer you information relevant to your taxes.
The Amex Gold Card offers discounts on everyday business purchases. For example you can save when you buy Dell Computers, Hertz Rental Cars, office supplies, FedEx, and other services. There is also a reward of 1 point for every pound you spend that can be used on airline, hotel, and car rentals.
There are fees for cash withdrawals, cash advances, and your regular taxes and fees associated with other credit cards. The American Express Gold Card can be set with global limits that you are allowed to change based on your needs.
The discounts associated with the account may change over time. It will depend on the companies Amex is working with. Overall if there is no annual fee as the information suggests, or if it is based on your company, this card could be the better business card out there. The fee is a little high, but there are several rewards that you can earn.
The fact that you don’t have a credit limit as long as you pay off the amount on time and on a monthly basis, can help you make some of the larger purchases that you’ve been unable to make with other cards. American Express has been around for a long time and works mostly with the larger businesses. They try to gear their cards to help you in the best way possible.
Remember that when reviewing a card you should concentrate on the information provided and ask questions of things you don’t understand. With this card review you can find that they offer help on taxes, discounts for store merchandise, and other needs you may have in your business.
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