Rumor: American Express To Revamp Amex Gold Card

Update: It looks like the launch date for the revamped Amex Gold will be July 25, 2024.

A member of the US Card Forum shared some rumored changes to the Amex Gold Card. As you might expect, Amex is expected to increase the annual fee.

Rumored Amex Gold Changes

• $325 annual fee ($75 increase)
• 4x at restaurants capped at $50,000 per year
• Up to $100 Resy credits ($50 Jan-Jun, $50 Jul-Dec)
• Milk Bar and Shake Shack removed from monthly dining credit options
• Five Guys added to monthly dining credit options
• Up to $84 credit to Dunkin ($7 per month)

Welcome Bonus For Relaunch

• 60,000 Membership Rewards points + 20% back at restaurants up to $100 back

Points Wire Note:

The annual fee and cap on earning 4x at restaurants are stand out to me. Additionally, the Resy and Dunkin credits tells me that Amex is having success with the coupon book approach that they've taken with the Amex Platinum and Business Platinum.

If you spend more than $50,000 per year at U.S. restaurants and have your own business (or side hustle), you might prefer the Amex Business Gold as you can earn 4x on up to $150,000 per year.