American Express Makes Changes to Rewards, Fee on One Card

NEW YORK—American Express and other major issuers keep tinkering with their card rewards programs. In the case of Amex, it has announced a refresh and rebranding of its Premier Rewards Gold Card.

The new card, the American Express Gold Card, offers a new, more lucrative rewards-earning program, netting 4x Membership Rewards points per dollar spent at U.S. restaurants and grocery stores, 3x points on flights booked directly with the airline, and 1x point on everything else. 

The card is also adding up to $120 each year in dining credits, alongside the Premier Rewards Gold's existing $100 annual airline fee credit.

The card's annual fee is being increased from $195 per year to $250, Business Insider noted.

 

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