Amex Business Gold Card: 40,000 Bonus Points

To the point Earn 40,000 welcome bonus points with the American Express Small Business Gold Rewards Card, plus a quarterly bonus!

Welcome Offer Membership Rewards Value How to apply for an American Express Business Card

Everyday life benefits A single earning rate for all purchases A quarterly bonus of 10,000 points Welcome bonus for the first year Purchase and travel insurance

A Membership Rewards Card Redeeming points to book flights with American Express Using points against any expense Membership Rewards Transfer Partners

Bottom Line

Milesopedia recommends this card from American Express Canada

American Express^® Business Gold Rewards Card

Up to 40,000 Membership Rewards

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Welcome Offer

Earn up to 40,000 Membership Rewards points with this limited-time welcome offer for the American Express Gold Rewards Card for small businesses:

40,000 Membership Rewards points after $7,500 in purchases in the first 3 months
10,000 bonus points when you charge $20,000 in net purchases to your Card account each calendar quarter (up to 40,000 Membership Rewards points)

With this Card, you earn 1 Membership Rewards point per dollar on your purchases.

You can then use your points in many ways:

Statement credit for travel purchases
Statement credit for all purchases
Transfer to partner programs (Aeroplan, British Airways Executive Club, Delta Skymiles, Flying Blue, Marriott Bonvoy, Hilton Honors, etc.)
Book your flight with American Express Travel at a special rate

Also, as a cardmember, you get many advantages such as up to 55 interest-free days to maximize your cash flow.

Finally, you are covered with reliable insurance for your travels and purchases.

Like all American Express Canada Cards, there is no minimum income requirement.

Membership Rewards Value

40,000 Membership Rewards points are worth $400 if used for any purchase charged to your card. That’s a value of 1 cent per point.

But in our opinion, the value can be much greater by transferring your points to partner loyalty programs like Aeroplan, British Airways Executive Club, Flying Blue or Marriott Bonvoy!

Personally, I use my Membership Rewards points by transferring them to Aeroplan to book flights:

In business class: here, I get a return of at least 4 cents per point (a value of $1,600 for 40,000 points).
For multi-destination flights in North America: here, I often get at least 2 to 3 cents per point (a value of $800 to $1,200 for 40,000 points).

Or I use my Membership Rewards points via the American Express fixed-point travel program for specific North American destinations: the return is 2 cents per point (a value of $800 for 40,000 points).

How to apply for an American Express Business Card

Here are the only two criteria required by American Express to apply for the American Express^® Business Gold Rewards Card^® :

You are a Canadian resident with a credit file in Canada
You have reached the age of majority in your province or territory of residence

There are no income requirements (American Express Cards do not require a minimum income), and you don’t have to provide proof of your company’s incorporation. This can come in handy for entrepreneurs or start-ups.

Check out these articles to help you:

Everyday life benefits

A single earning rate for all purchases

With the American Express^® Business Gold Rewards Card^®, you earn 1 Membership Rewards point per dollar on all purchases.

Membership Rewards points can be transferred to:

Airline programs such as Aeroplan, British Airways Executive Club, Delta Skymiles or Flying Blue
Hotel programs such as Marriott Bonvoy and Hilton Honors.

A quarterly bonus of 10,000 points

With the American Express^® Business Gold Rewards Card^®, you earn a quarterly bonus of 10,000 Membership Rewards points. To do so, you’ll need to charge $20,000 in purchases to your American Express^® Business Gold Rewards Card^® during the calendar quarter.

These points are added to the ones you typically receive for your purchases. So if you charge $20,000 in purchases to your American Express^® Business Gold Rewards Card^® each quarter, here’s what you’ll get each year:

Quarter	Purchases	Points for purchases	Bonus points	Total
1	$20.000	20,000	10,000	30,000
2	$20,000	20,000	10,000	30,000
3	$20,000	20,000	10,000	30,000
4	$20,000	20,000	10,000	30,000
Total	$80,000	80,000	40,000	120,000

120,000 Membership Rewards points for $80,000 in purchases, that’s 1.5 Membership Rewards points per dollar of purchase, more than you could get with the Business Platinum Card^® from American Express (which awards 1.25 Membership Rewards points per dollar and has a $600 higher annual fee)!

So small businesses with this level of quarterly spending are well advised to opt for the American Express^® Business Gold Rewards Card^®. Especially since this quarterly bonus of 10,000 Membership Rewards points is valid not only in the first year but also in subsequent years!

Truth be told, you’d have to spend $160,000 a year for the Business Platinum Card^® from American Express to prove more advantageous than the American Express^® Business Gold Rewards Card^® .

However, don’t forget that the Business Platinum Card^® from American Express comes with other benefits (such as a $200 annual travel credit or unlimited access to airport lounges).

Welcome bonus for the first year

With the American Express^® Business Gold Rewards Card^®, you earn a welcome bonus of 40,000 Membership Rewards points after making $7,500 in purchases in the first three months.

Let’s see what happens when we add this to the quarterly bonus of 10,000 Membership Rewards points:

Quarter	Purchases	Points for purchases	Bonus points	Total
1	$20,000	20,000	50,000	70,000
2	$20,000	20,000	10,000	30,000
3	$20,000	20,000	10,000	30,000
4	$20,000	20,000	10,000	30,000
Total	$80,000	80,000	80,000	160,000

160,000 Membership Rewards points for $80,000 in purchases – that’s 2 Membership Rewards points per dollar spent! No other business card will offer you a similar return in the first year!

Purchase and travel insurance

Purchase and travel insurance on the American Express^® Business Gold Rewards Card^® are attractive, with high levels of reimbursement, whether for flight delays, baggage delays, assistance abroad, top-of-the-range car rentals and more.

Here is a summary of insurance coverages (this information is informational. Refer to the brochure supplied with your American Express^® Business Gold Rewards Card^®).

Insurance	Coverage
Flight delays	Charge your airline tickets to your American Express Business Gold Rewards Card and receive up to $500 (maximum in combination with Baggage Delay Insurance) for reasonable and necessary hotel, motel, restaurant or incidental expenses incurred within 48 hours if your flight is delayed or you are denied boarding for four hours or more without alternate transportation.
Misdirected luggage	Book a flight with your American Express Small Business Gold Rewards Card and receive up to $500 (maximum in combination with Flight Delay Insurance) for all reasonable and customary purchases of clothing and minor essential items made within four days, if your baggage is not returned to you within six hours of your departure flight’s arrival at your destination.
Lost or stolen luggage	When you charge the full cost of your airline tickets to your American Express Business Gold Rewards Card, you’re insured against loss or damage to your personal effects, carry-on baggage or checked baggage while travelling, up to a combined maximum of $500 per trip.
Car Rental Theft and Damage	Save money when travelling with complimentary Car Rental Theft and Damage Insurance. Where allowed by law, you will be automatically covered for damage or theft of your rental car with an MSRP of up to $85,000. To take advantage of this protection, simply decline the Loss Damage Waiver (LDW) or similar option offered by the car rental company, and fully charge your rental to the American Express Business Gold Rewards Card. There’s no additional charge for this coverage, and you save yourself the daily insurance fee (usually $16 to $23 per day) charged by the car rental company.
Hotel Burglary Insurance	Automatic coverage of up to $500 against the loss of most personal items (excluding cash) if your hotel room is burglarized. Coverage is in effect as long as you have fully booked and paid for your accommodations with your American Express Business Gold Rewards Card.
Travel accident of $100,000	Coverage of up to $100,000 in the event of accidental death or dismemberment for you, your spouse and dependent children under age 23 when you travel on public transportation (plane, train, boat or bus) and charge the full cost of your tickets to your Business Gold Rewards Card. Supplementary Cardmembers, their spouses and dependent children under age 23 are also covered.
Purchase Protection^® Plan	This protection automatically covers eligible purchases, without registration, against accidental property damage and theft up to $1,000 per occurrence (not per item purchased), for a period of 90 days from the date of purchase if you pay in full with your American Express^® Business Gold Rewards Card^®. You can be reimbursed for insured occurrences that are not covered by any other insurance.
Buyer’s Assurance^® Protection Plan	This plan automatically doubles the manufacturer’s original warranty up to one additional year when you charge the full price on eligible purchases to your Business Gold Rewards Card. This applies to products purchased with the Card anywhere in the world, provided the manufacturer’s warranty is valid in Canada and the U.S. and does not exceed five years. Jewelry, motorized vehicles, and their parts are excluded in this coverage. You will need approval before any repairs will be covered. Replacement and repair costs are limited to $10,000 per eligible item up to a maximum of $25,000 per Cardmember per policy year for all occurrences combined.
Mobile Device Insurance	When you pay or finance the full purchase price of an eligible mobile device with your Card, you can obtain coverage of up to $1,000 per insured person in the event of theft, loss or accidental damage, anywhere in the world.

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A Membership Rewards Card

Redeeming points to book flights with American Express

American Express has two charts:

Flexible points: here you use your points at a value of 1,000 Membership Rewards points = $10
Fixed Points: the fare will be depend on the destination

And this is how we will be able to get the most value out of our Membership Rewards points!

Up to 1,000 Membership Rewards points = $20. That’s 40,000 points = $800!

For more details on booking flights with your Membership Rewards points, check out this article!

Using points against any expense

Another way to use Membership Rewards points is by applying them to your purchases. The rate is 1,000 Membership Rewards points = $10.

That’s 40,000 Membership Rewards points = $400!

Membership Rewards Transfer Partners

Here are all the transfer partners for American Express Membership Rewards program:

Partners	Conversion rates
	40,000 Membership Rewards points = 40,000 Aeroplan points
	40,000 Membership Rewards points = 30,000 miles
	40,000 Membership Rewards points = 30,000 miles
	40,000 Membership Rewards points = 40,000 Avios points
	40,000 Membership Rewards points = 30,000 miles
	40,000 Membership Rewards points = 30,000 miles
	40,000 Membership Rewards points = 40,000 Hilton Honors points
	40,000 Membership Rewards points = 48,000 Marriott Bonvoy points

Bottom Line

It’s a great card for small business owners who spend more than $20,000 per quarter, as the quarterly bonus of 10,000 points mathematically increases your return on every purchase.

What’s more, there’s a welcome bonus of 40,000 points (transferable to loyalty programs like Aeroplan) after $7,500 in purchases in 3 months. A rarity these days!

Apply now for the American Express^® Business Gold Rewards Card^® to get this exceptional welcome offer!