Amazing Offer: Get up to 130,000 points ($650) with this Card!
Amex Gold: The Best Card With Flexible Points in Canada

Amex Gold: The Best Card With Flexible Points in Canada

To the point

The American Express® Gold Rewards Card is an outstanding card to earn points at grocery stores, gas stations, drug stores and on travel purchases.

Earning Points

With the American Express® Gold Rewards Card, you can earn between 1 and 3 points per dollar:

Category Points per dollar
Amex Travel: Hotels and Car Rental 3
Travel 2
Groceries 2
Gas station 2
Drug Stores 2
Other 1

And don’t forget: grocery stores, gas stations and drug stores are great places to buy gift cards!

So, when you buy gift cards (SAQ, Amazon, Home Depot, etc.) in these stores with your American Express® Gold Rewards Card, you earn 2 points per dollar.

Transfer points to other programs

To hotel partners

With every Membership Rewards Cards, you can transfer points to two hotel partners:

Here are the transfer rates and duration:

Program Membership Rewards points Points Duration
Hilton Honors 1 000 1 000 5 days
Marriott Bonvoy 1 000 1 200 5 days
the st regis bahia beach resort puerto rico 46
The St. Regis Bahia Beach Resort, Puerto Rico - Chambre

To airline partners

American Express Canada has six airline partners.

Here are all of them, with the transfer rate and duration:

Program Membership Rewards points Miles earned Timeframe
Aeroplan 1 000 1 000 30 minutes
British Airways Executive Club 1 000 1 000 3 to 5 days
Delta Skymiles 1 000 750 30 minutes
Alitalia Millemiglia 1 000 750 5 days
Asia Miles 1 000 750 3 to 5 days
Etihad Guest 1 000 750 3 to 5 days

Thus, when you apply for the American Express® Gold Rewards Card, you earn a 25,000 Membership Rewards Points welcome bonus or 25,000 Aeroplan, Skymiles Avios miles.

DSC04049
First Class - A380 - Etihad Airways

Redeem for flights

American Express Fixed Points Travel Program

American Express Fixed Points Travel Program has a reward chart for some economy flights:

amex points fixes eco
Le programme de voyage à points fixes d'American Express - classe éco

And on some business class flights:

amex points fixes affaires
Le programme de voyage à points fixes d'American Express - classe affaires

To book this type of flight, you will have to go to the American Express Voyages portal.

Let’s take the example of a round trip flight between Montreal and New York.

amex fixes en 1
The fixed points travel program: Montreal - New York

In this example, the flights costs $462.87.

Here, with the Fixed Points Travel Program, you can redeem 15,000 Membership Rewards points and pay $162.87 in taxes.

Thus, with 15,000 Membership Rewards points, you save $300.

So 1,000 Membership Rewards points = $20.

American Express Flexible Points Travel Program

With Flexible Points Travel Program, you can redeem your Membership Rewards Points to fully pay for the flight, or part of it, including taxes, fees and carrier surcharges, based on a ratio that entitles you to a $10 statement credit per 1,000 points.

Let’s take the same round trip between Montreal and New York with the Flexible Points option.

amex flexibles en 1
Flexible Points Travel Program: Montreal - New York

In this example, the flight still costs $462.87.

Here, with the Flexible Point Travel Program, you can redeem 46,287 Membership Rewards Points to cover the full price of your flight.

To compare with Fixed Points, with 15,000 Membership Rewards Points, you save $150.

So 1,000 Membership Rewards Points = $10.

Fixed points

So we recommend you to redeem your points within the Fixed Points Travel Program when offered.

IMG 7622
Un court-vol vers New York avec les points-privilèges

Statement credit for travels

You can redeem Membership Rewards points as a statement credit for any travel purchase charged to your Card.

travel purchases amex en 1
Membership rewards applied to travel purchases

Here, 1,000 Membership Rewards Points = $10.

Travel

This is the easiest way to redeem your Membership Rewards points. And you can save money with companies that don’t have a loyalty program like Air Transat or Airbnb!

airbnb featured
Sur Airbnb

Daily purchases

You can redeem Membership Rewards Points as a statement credit for any purchase charged to your Card.

other purchases amex en 1
Membership rewards applied to current purchases

Here, 1,000 Membership Rewards points = $7.

Annual Fee Statement credit

A little-known option: redeem your Membership Rewards Points as a statement credit for your Card Annual Fee.

For example, after renewing your American Express® Gold Rewards Card,you could redeem 15,000 Membership Rewards Points as a statement credit for its $150 annual fee.

Here, 1,000 Membership Rewards = $10.

Gift cards

You can redeem your Membership Rewards Points on American Express’ online store. The first option is gift cards. There are dozens of them.

gift cards amex en 1
Gift cards with American Express membership rewards

For example, an Air Canada gift card:

gift cards amex ac en 1
An Air Canada gift card with American Express membership rewards

You could redeem 13,000 Membership Rewards Points for a $100 gift card.

Here, 1,000 Membership Rewards Points = $7.70

Promotions

If you’re interested in this option, keep an eye on American Express’ online store regularly. You could get a better value of your Membership Rewards Points during promotions.

Products

The second option on the American Express store is for products. Hundreds of them exist.

toaster amex en 1
A toaster with American Express membership rewards

This toaster costs $75 in stores.

Here, 1,000 membership rewards = $5

Products

We strongly advise against this option because you do not get the best value for your Membership Rewards Points.

Redeem your points on Amazon.ca

Another little-known option: you can redeem your Membership Rewards Points on Amazon.ca.

amazon amex en
Redeem your membership rewards on amazon

Here, 1,000 Membership Rewards Points = $7.

For charitable donations

Finally, it is possible to donate your Membership Rewards Points.

save children membership rewards 1
A donation with American Express membership rewards

Here, 1,000 Membership Rewards Points = $10.

Many Promotional Offers during the year

Throughout the year, American Express runs promotional offers for American Express® Gold Rewards Cardmembers.

Gold Card Insurance

With the American Express® Gold Rewards Card, you get great insurance!

Car Rental Theft and Damage Insurance

Out-of-province or country emergency medical insurance (under 65)

Save when you travel with the flight and damage Insurance for rental cars included with your Card This insurance provides compensation for theft, loss and damage up to the market value of the rental car with a maximum MSRP of $85,000 depending on the year of the model.

To take advantage of this benefit, you simply need to refuse loss or damage protection or any other similar option offered by the rental company and bring the entire rental to your Card. This insurance is available at no extra cost and you do not have to pay the insurance charged by the car rental company (usually costing between $16 and $23 per day).

Can provide coverage of up to a maximum of $5,000,000 for eligible emergency medical expenses incurred by an insured person under age 65 while travelling outside your Canadian province or territory of residence for the first 15 consecutive days of a covered trip.

Baggage delay insurance

Having booked your flight with your Card you may receive up to $500 (maximum in combination with Flight Delay Insurance) for any necessary and reasonable routine purchase of clothing and small items considered essential that you will make in a four days delay,if your luggage is not returned to you within six hours after your departure flight arrives.

Lost or Stolen Baggage Insurance

If you carry the full amount of your airfare to your Card you are insured in case of loss or damage of your personal belongings, carry-on baggage or checked baggage while travelling up to $500 per trip for all policy holders.

Flight delay insurance

Charge your airline tickets to your Card and get up to $500 (maximum in combination with misdirected baggage insurance) for any necessary and reasonable expenses incurred within 48 hours at the hotel, motel or restaurant, or for small items, if your flight is delayed or you are denied boarding for four hours or more without making any other means of transportation available to you.

$500,000 Travel Accident Insurance

Travel accident insurance gives you automatic coverage of up to $250,000 for accidental death and dismemberment for yourself, your spouse and dependent children under the age of 23 years when you are travelling on a public carrier (plane, train, boat or bus) and carry the full price of all Tickets to your Card. Supplementary card holders, their spouses and dependent children under the age of 23 are also covered.

Hotel or motel burglary insurance

Simply pay for your hotel or motel room with your card and you will receive coverage of up to $500 in case of loss of most personal belongings in the event of a burglary at your hotel or motel room.

Buyer’s Assurance® Protection Plan

Eligible items purchased on your card may be insured for a period of 90 days from the date of purchase against accidental property damage and theft up to a maximum of $1,000 per claim (all items purchased combined).

Purchase Protection Guarantee

Your coverage can automatically extend the manufacturer’s initial warranty up to an additional year when you carry all eligible items to your Card.

Conclusion

The American Express® Gold Rewards Card is, in my opinion, the best flexible rewards Card to quickly earn transferable points.

It is accessible to almost everyone (no minimum income required), and you can quickly earn miles & points for a future trip!

You would like to apply for this Card while supporting milesopedia? Click here!

Other great offers

This article was not sponsored. The views and opinions expressed in this article are purely my own.

American Express is not responsible for maintaining or controlling the accuracy of the information published on this website. For full and up-to-date product information, click on the Subscription link. Terms apply.

Leave a Reply

Suggested Reading