The offer described in this post has since expired.
Update 10/4: The new card benefits are now live (and with “enhanced” annual fee):
- The card has been renamed to “American Express Gold Card“
- New benefits:
- 4X at US Restaurants
- 4x at US Supermarkets on up to $25K per calendar year in purchases (then 1x)
- 3x flights booked directly with airlines or on Amextravel.com (unchanged benefit)
- No more 2X gas at US gas stations
- $120 dining credit: $10 per month credit for spend at GrubHub, Seamless, The Cheesecake Factory, Ruth’s Chris Steakhouse, and Participating Shake Shack locations
- $100 Airline Fee Credit (unchanged benefit)
- Note that these changes only apply to cards previously called “Premier Rewards Gold”. Terms state: “Traditional Gold, Senior Gold, Classic Gold and Ameriprise Gold Cards are not eligible.”
- The annual fee
will remain the same ($195)is now $250. The new fee will go into effect for current Premier Rewards Gold Card Members beginning April 1, 2019 on their account renewal date.
- The new welcome bonus is 25K points after $2K in spend plus 20% back as a statement credit on purchases at U.S. Restaurants, up to $100 back. $250 annual fee is NOT WAIVED first year.
Original post follows:
If you have logged into your Amex Premier Rewards Gold account today, you might have been surprised to see an awesome new set of benefits — including 4x at US Restaurants, 4x at US Supermarkets on up to $25K per calendar year in purchases (then 1x) and 3x flights booked directly with airlines or on Amextravel.com. The current benefit of 2X gas at US gas stations will no longer be available. There is also a new $120 annual dining credit split up monthly (similarly to the way Uber credits are split on Platinum cards). This is an amazing list of changes that suddenly makes this card incredibly relevant. Note: Not all users are seeing these new benefits. We do not yet know if these are going to roll out to all cardholders, though we expect they likely will. We will update with a new post if and when that happens.
- Existing Premier Rewards Gold customers are reporting a new set of benefits in their online logins, though these benefits do not show up on the application page yet
We’re not positive whether this will only take effect for existing cardholders, but at least one member of the Frequent Miler team has a Premier Rewards Gold card and saw these new benefits when logging in to their PRG account. We expect these benefits will likely get rolled out shortly for new applicants and all US cardholders, but we can’t be certain at this point. We will certainly update with a new post if and when we see that change.
As noted above, the new bonus categories show as following:
- 4x US Restaurants
- 4x US Supermarkets (on up to $25K per calendar year in purchases, then 1x)
- 3x flights booked directly with airlines or on Amextravel.com
- 1x on all other purchases
Earning 4x Membership Rewards at US Restaurants sounds awesome and might make these the top-of-wallet dining card for many readers. Earning 4x on up to $25K per calendar year at US Supermarkets is also awesome for the generous cap. Amex is certainly making a play for this to become a daily driver card. Additionally, the card now carries a $120 annual dining credit in addition to the annual $100 airline incidentals credit that is unchanged. The new dining credit is split up as up to $10 per month in automatic statement credits when you pay with the Premier Rewards Gold card at:
- The Cheesecake Factory
- Ruth’s Chris Steakhouse
- Participating Shake Shack locations
Again, that’s awesome as I’m sure that many readers will find it pretty easy to hit $10 per month, especially with the inclusion of food delivery services GrubHub and Seamless. If you have never used GrubHub before, you can get an additional $10 off your first order when singing up through a referral link. Here are ours:
These are awesome, massive changes to the Premier Rewards Gold card that will immediately shift it from being a card you might have considered just to earn a welcome bonus to being a long-term keeper that could get a significant portion of annual spend from many readers. Considering my post the other day about the Strengths Membership Rewards has over Ultimate Rewards, this new set of benefits looks very attractive indeed.
H/T: US Credit Card Guide