American Express® AIR MILES®* Gold Business Card Review

By: Heather Hanks Sep. 16, 2019

The American Express Air Miles Gold Business Card allows you to earn Air Miles when you use it on eligible purchases. You’ll get one reward mile for every $15 you spend on eligible purchases at Air Miles sponsors. You’ll also get one reward mile for every $20 you spend everywhere else. This makes it an ideal pick if you want to be rewarded for travel business and personal expenses. The best part about the Amex Air Miles Gold Business Card is that there is no annual fee! You also have the option to pay your balance in full or over time. The Air Miles Gold Credit Card For Business is completely flexible and allows you to be in control. Check out our Amex Air Miles Gold Business Card review below.

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Overall Rating

Card Type:

Charge Card

Annual fee:

No annual fee

What is the American Express® AIR MILES®* Gold Business Card?

The Business Gold Air Miles Card is one of several business cards provided by American Express. It allows you to earn travel rewards by assigning you one Air Mile every time you spend $15 on Air Miles sponsors. You’ll also get one Air Mile every time you spend $20 everywhere else. There is no annual fee and supplementary cards for employees are free. This makes it a great card for small business owners just starting out who want to get rewarded for travel. The card also offers a welcome bonus offer of 150 Air Miles when you spend $1,000 within the first free months. The terms are flexible. You can pay your balance in full or over time.

Here are some basic costs and rewards associated with the card:

No annual fee (additional cards for employees are free)
Pay balances in full or over time
Pay 19.99% on purchases and 22.99% on funds advances
Welcome bonus of 150 Air Miles when you spend $1,000 within 90 days of membership
Earn reward miles twice when you use your card at Air Miles sponsors across Canada
Earn 50 bonus Air Miles each time you refer a friend or family member who is a small business owner
You can redeem miles for more than 1,200 different rewards, including flights, hotels, car rentals, and entertainment access

The Business Credit Card Air Miles card is a great option for a small business owner. There is no annual fee and you can apply for additional cards for free. This means that you can hand out cards to your employees and benefit from their purchases. You’ll be able to access your account online anytime and utilize tools to help maximize your cash flow. American Express states that you’ll have access to more than 40,000 banking machines across Canada if you’re accepted. You’ll also have access to plenty of banking machines around the world just for being an American Express card holder. We like that you can use this card as a business card and for personal use. The American Express Air Miles Gold Business card offers $100,000 in travel accident insurance coverage. This plan covers you, your spouse, and dependent children under 23 when you travel common carrier. You must charge your tickets to your American Express Air Miles Gold Business Card to become eligible for this insurance. The card even covers supplementary card holders, their spouses, and dependent children under 23, too. This is an excellent benefit considering additional cards are free.

What Are The American Express® AIR MILES®* Gold Business Card Benefits?

The American Express Air Miles Gold Business Card fee is zero. You won’t have to pay an annual fee to become a member, but you will have to pay fees for balance transfers and more. This is a good thing to keep in mind when considering the costs tied to the card. Remember that you’ll be rewarded for your purchases, but you’ll have to spend at least $15 at eligible sponsors for one Air Mile. You’ll also earn an Air Mile for every $20 spent on all other purchases. This means that the more you use your card, the more miles you’ll earn. With low fees and plenty of opportunities to earn Air Miles, this card would be excellent for small business owners. It comes with world class service and excellent member benefits. You’ll get emergency card replacement, fraud protection guarantee, and access to customer service 24/7. American Express is well-known for its entertainment access benefits. As a member, you’ll get Front of the Line access to sporting games and entertainment events before tickets go on sale to the general public. You can also pick from a block of tickets reserved for American Express customers only.

The following is a list of benefits you can expect from your American Express Air Miles Gold Business Card:

Earn one Air Mile for every $15 spent on Air Miles sponsors and for every $20 spent everywhere else

Earn 50 Air Miles for every friend or family member you refer

Redeem your Air Miles for airfare, hotels, rental cars, vacation packages, cruises and more

Use your card to access cash at over 40,000 banking machines across Canada and many more all over the world

Free additional cards

Flexible payments; you can pay in full or over time

Online account access so that you can log in anytime from anywhere

24/7 customer care available

$100,000 in travel accident insurance (this covers you, your spouse and dependent children under 23 when you use your card to buy your common carrier travel ticket. This plan also covers the same for supplementary cardholders)

Front of the Line Advance Access (get tickets to concerts, sporting events and other entertainment events before they go on sale to the general public)

Front of the Line Reserved Tickets (this feature allows you to pick from entertainment tickets that are reserved for American Express customers only)

Front of the Line E-updates (you’ll be the first to know when entertainment events pop up in your area)

Invites to special offers and special access for card holders only at entertainment events

Fraud protection and emergency card replacement available

The American Express Air Miles Gold Business Card has some small fees to be aware of, but these are consistent among most cards. The preferred rate for purchases is 19.99% and 22.99% for funds advances. You’ll also want to make sure that you make all payments on time. Late or missed payments are subject to a 23.99% and/or 26.99% APR for purchases and funds advances, respectively. As a charge card, you’ll need to pay your monthly balance in full or your APR will increase to 30%.

However, the website states that you can be flexible with your payments by making paying in full or over time. You’ll want to confirm this information before you apply. As a rule of thumb, it’s always a good idea to make all payments on time regardless of the card type. Doing so will save you a steep interest hike and bad markups on your credit score. Be sure to check with American Express so that you understand the repayment flexibility terms before assuming you don’t have to pay in full each month.

How Does The American Express® AIR MILES®* Gold Business Card Work?

The American Express Air Miles Gold Business Card allows you to earn rewards every time you spend. You’ll need to spend $15 at Air Miles sponsors to earn one Air Mile. You can also earn one Air Mile every time you spend $20 everywhere else. You can redeem your Air Miles for a variety of rewards, such as hotels, flights, car rentals, and more. You must earn a certain number of miles before you can redeem them for travel or merchandise business rewards. These Air Miles are collected in the Dream Balance of your Business Collector Account. According to the website, restrictions apply and the quantities may be limited. You might be asked to pay surcharges, taxes and fees on airfare, hotels and car rentals. Your travel redemptions may also be limited to a certain amount of advance bookings and available from sponsors. There are no cancellations allowed and you can’t exchange or refund your tickets once you redeem your miles. You also can’t refund your certificates or merchandise that you use your miles on. To redeem your miles, go to the American Express website and log into your account. You can also contact the 24/7 American Express customer service to find out how to redeem your miles.

Traveler benefits

Keep in mind that your account must be in good standing to redeem miles. You’ll also need to make sure you take the necessary steps to protect your account to be eligible for some security features. The fraud protection guarantee requires you to set up a PIN to prevent unauthorized charges. Also, your basic and additional card fees might be tax deductible if you use them for your small business. The American Express Air Miles Gold Business Card has fewer fees than most cards, but you’ll want to look into this with your tax advisor if you’re a small business owner.

American Express® AIR MILES®* Gold Business Card: Pros and Cons

Every card comes with a list of good and bad. The American Express Air Miles is a bit of a bare bones card that allows you to earn Air Miles for cheap. There is no annual fee and supplementary cards are free. This means that it’s easy to rack up the miles without worrying about paying too much at the end of the year. But you’ll need to spend $15 at eligible sponsors to earn one Air Mile. You’ll also need to spend $20 to get one Air Mile everywhere else. This means that you may have to spend more money to get Air Miles compared to other cards, but you’ll be saving money on annual fees. The American Express Air Miles God Business Card is best valued as a travel card for small business owners. But it can also double as an everyday card. We like the standard American Express customer service that you get with this card. We also like the fraud protection, emergency card replacement, and travel insurance. It would make a great card for a small business owner just starting out who wants to get rewarded for traveling. Here are some pros and cons of the card.

American Express® AIR MILES®* Gold Business Card PROS

Welcome bonus offer of 150 Air Miles when you spend $1,000 on your card within the first 90 days of membership
Earn one Air Mile for every $15 spent on eligible Air Mile sponsors
Earn one Air Mile for every $20 spent on all other purchases
No annual fee and additional cards are free (you can use additional cards to help you earn miles)
Miles can be redeemed for over 1,200 benefits, including airfare, hotels, car rentals, and more
You can earn miles twice when you use your card on participating Air Miles sponsors across Canada
You can take out money from over 40,000 banking machines across Canada and even more around the world
You’ll earn 50 Air Miles for every friend or family member you refer
You can pay your balance in full or over time
Online account access that you can log into anytime from anywhere
$100,000 in travel accident insurance (this coverage is applied to you, your spouse, and dependent children under the age of 23; it also applies to supplementary card holders, too)
Front of the Line entertainment access (you’ll get access to tickets for entertainment events before the general public)
24/7 customer care service
Emergency card replacement
Fraud protection
Ideal card for small business owners, but can also be used for personal use

American Express® AIR MILES®* Gold Business Card CONS

You’ll have to spend $15 to get one Air Mile at participating Air Mile sponsors and $20 everywhere else. Other credit cards offer better money-to-miles ratios. But keep in mind that this is usually offset by high annual fees. We like that there is no annual fee and additional cards are free, but you’ll have to spend more to earn enough miles to cash in for rewards.

How to Apply American Express® AIR MILES®* Gold Business Card

The American Express Air Miles Gold Business Card is easy to apply for. You’ll need to be a Canadian resident and have a Canadian credit file. You will also need to be the age of majority where you live. The website states that you will have an answer within 60 seconds after filling out your application.

We always recommend that you have all of your financial information handy when filling out an application. It helps to have good credit. American Express wants to see that you have a history of making payments on time before they approve you. A low credit score makes you look risky and many lenders are unwilling to work with you.

Before you apply, American Express will want to make sure you comply with the following terms and rates:

Preferred rate for purchases: 19.99%
Preferred rate for funds advances: 22.99%
If you miss two payments within a 12 month billing cycle, then your APR will increase to 23.99% for the next 12 billing periods
If you miss three payments within a 12 month billing cycle, then your APR will increase to 26.99% for the next 12 billing periods
A missed payment occurs when you don’t pay the minimum monthly payment by your payment due date
Foreign currency conversion rate is 2.5%

Funds advance: $2.75 each
Dishonored payments: $25 each
Statement reprint: $3 per reprint
Overlimit fee: $29 (does not apply to Quebec residents)
Reward miles reinstatement: $10 for each reinstatement online and $15 for each reinstatement through other channels (plus taxes)
Balance or check transfer: up to 3% of the amount
Installment program: up to 8% of the purchase

Conclusion The above-mentioned review of the American Express Air Miles Gold Business Card is based solely on the opinion of Creditnervana. The American Express Air Miles Gold Business Card is a bare bones business card that would be great for any small business owner just starting out. There are no annual fees and you get supplementary cards for free. This makes it easy to rack up the miles quickly. But the miles to money ratio is a bit steep with this card. You’ll need to spend $15 at participating Air Miles sponsors for one Air Mile. You’ll also need to spend $20 everywhere else for one Air Mile. Other cards tend to have better rates, but you’ll be hit with a high annual fee. We like that this card comes with 24/7 American Express customer service care, fraud protection, and emergency card replacement. You’ll also get $100,000 in travel accident insurance and flexible repayment terms. The website says that you can pay in full or over time. Be sure to double check this feature as some charge cards require you to pay in full.

American Express® AIR MILES®* Gold Business Card Review

Overall Rating

Card Type:

Annual fee:

What is the American Express® AIR MILES®* Gold Business Card?

What Are The American Express® AIR MILES®* Gold Business Card Benefits?

How Does The American Express® AIR MILES®* Gold Business Card Work?

American Express® AIR MILES®* Gold Business Card: Pros and Cons

American Express® AIR MILES®* Gold Business Card PROS

American Express® AIR MILES®* Gold Business Card CONS

How to Apply American Express® AIR MILES®* Gold Business Card

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