American Express · American Express · Amex Membership Rewards

Reviewed 2026-07-05 · By The Points Standard editorial team

Amex Gold Rewards Card

7.8/10 · Excellent$250/yrLounge access

A balanced mid-premium card that pairs well with the Cobalt. Good value with the travel credit, but rarely the single best card on its own.

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Standard Score breakdown — Excellent

Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 7.78/10 Standard Score above.

Component (weight)RatingContributes
First-year value (30%)
8.52.55
Ongoing value (20%)
7.01.40
Flexibility (15%)
9.01.35
Perk usability (15%)
7.51.13
Low friction (10%)
6.00.60
Strategic fit (10%)
7.50.75

See how the Standard Score works or re-weight it to your priorities.

The numbers

Annual fee$250
Welcome bonusUp to 90,000 MR points (30,000 on $4K/3 mo + 5,000/month on $1K monthly spend for 12 months)
Est. bonus value$1,800
First-year net value$1,700

Earn rates

Travel and transit2x
Gas and groceries2x
Everything else1x

Why it earns its score

  • $100 annual travel credit offsets nearly half the fee
  • Full MR transfer flexibility including Aeroplan 1:1
  • Four annual Plaza Premium lounge passes

Where it loses points

  • Cobalt earns more on food for a lower fee
  • 2x categories are good but not category-leading

Who it's for

Travellers who want strong MR earning and real travel insurance without the Platinum's $799 commitment.

Who should skip it

Most of your spend is groceries and dining — the Cobalt is the better Amex.

Included insurance

Travel medical · Trip interruption · Flight delay · Baggage insurance · Rental car coverage

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Source: issuer card page · Last reviewed 2026-07-05. Details change often — confirm current terms with the issuer before applying.