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American Express Premier Rewards Gold just announced the addition of a $100 travel credit, double points on dining, and eliminated foreign transaction fees. These new benefits go into effect June 1.
American Express Premier Rewards Gold used to be the best Membership Rewards points-earning card by far. It earns triple points on airfare purchased directly from airlines and double points at US gas stations and at US supermarkets. It carries an annual fee of $0 introductory the first year, then $195.
It always struck me interesting that this was such a stronger points-earning card than the Platinum card (which of course has better benefits like lounge access).
But the fee was too high on the card after the first year to make sense.
Back in the fall when American Express removed the card’s annual threshold bonus of 15,000 point for $30,000 spend in a yeara, Amex was promising that the card would get new benefits. It took five months, but they’re here and they make Premier Rewards Gold card a much more compelling product.
Now the improvements have been announced.
American Express will give you a $100 travel credit. That means you can effectively make $100 the first year when the annual fee is zero. In my experience American Express travel credits have worked with $100 electronic airline gift cards.
The card will earn double points on dining in addition to triple points on airfare and double points at US gas stations and at US supermarkets.
They’ve eliminated foreign transaction fees
They’ve taken the sting out of the annual fee on the card, and made it a stronger points-earning card than before.
Here are the best uses of American Express Membership Rewards points, which are one of the most valuable currencies since they transfer to a variety of loyalty program currencies (my favorite uses being ANA, Aeroplan, British Airways, Singapore, Delta).
American Express Premier Rewards Gold
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