Compare the Features and Benefits of American Express® Business Gold Card and
Southwest Rapid Rewards® Premier Credit Card

💳 This card earns American Express Membership Rewards points. American Express often runs transfer bonuses where you can get even more points when you transfer to airline or hotel partners at designated times. Transfer bonuses are awesome. Get 20%, 30%, 40% or more bonus miles when you transfer points at the right times. But they are easy to miss!

You can see all past Transfer Bonuses from American Express Membership Rewards here.

Even better? Get notified when a new transfer bonus comes out and again before it ends (either or both, your choice). Sign up for free alerts right here. 🔔

Is the Amex Business Gold Card worth it?

It is if you spend big. The card offers 4X Membership Rewards points in some of the most popular categories that businesses use so, if you spend a lot in the qualifying categories listed above, the card is extremely valuable.

Courtesy: American Express

Membership Rewards points are particularly useful. You’ll have 18 airline partners to transfer to, with representatives from each of the 3 major global airline alliances.

The card now also comes with up to $395 in potential statement credits, which if you maxed out would offset the annual fee. As a reminder, those statement credit offers are:

• Up to $240 Flexible Business Credit:

Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx (through 10/01/2026), Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.

• Up to $300 ChatGPT Business Credit:

Enroll and get up to $300 in statement credits per calendar year on U.S. purchases of ChatGPT Business* on the Business Gold Card.

*Subject to auto-renewal.

• Walmart+ Membership Credit:

If you use the Business Gold Card to pay for a monthly Walmart + membership (subject to auto-renewal), you’ll receive a statement credit that covers the full cost each month, valued at $155 annually. Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.

Even if you don’t shop at Walmart, I could see easily using the Flexible Business Credit every month, even if just for a meal via GrubHub (pickup or delivery). If you use ChatGPT Business, that one credit alone covers most of the annual fee.

Plus, the card also comes with Cell Phone Protection (See the Cell Phone Protection feature above for all of the details).

If you can spend a full $150,000 in purchases on your 2 bonus categories over a calendar year, that earns you 600,000 Membership Rewards points which Your Best Credit Cards values at around $10,000!

The card also has no foreign transaction fee and is especially good if you already have a nice collection of points in another credit card program, like Chase Ultimate Rewards, so you can be diversified since each program has unique transfer partners.

Rates and Fees for the American Express® Business Gold Card

The Southwest Premier credit card is Southwest’s mid-tier personal card. It balances offering some perks while still charging less than a $150 annual fee.

Cardholders get access to group 5 priority boarding and access to select both Standard and Preferred seats for themselves and up to 8 travel companions on the same reservation 48 hours before the flight, when available.

Points earned count toward earning the Southwest Companion Pass. Plus, primary cardholders earn 1,500 Tier Qualifying Points toward A-List Preferred Status for every $5,000 spent on the card each year.

The Southwest Premier Card doesn’t charge foreign transaction fees. Add in the higher earning rate on Southwest purchases, higher anniversary bonus, and ability to earn Tier Qualifying Points toward A-List Preferred Status (which the Plus doesn’t offer), and the Premier Card easily justifies its slightly higher annual fee, although, in our opinion, the Southwest Rapid Rewards^® Priority Credit Card has the best value of the three cards.

Lastly, this card is great for getting a good piece of the way to a Southwest Companion Pass with the bonus offer, since the signup bonus points count. Read our guide on earning a Southwest Companion Pass for up to two years via new account bonuses.