Current Gold cardholders (prior to 10/4) keep 2X Gas and $195 into 2019

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a collage of a couple of people sitting at a table

As we reported earlier, the card formerly known as Premier Rewards Gold now has a new name and new benefits:

  • The card has been renamed to “American Express Gold Card
  • New benefits:
    • 4X at US Restaurants
    • 4x at US Supermarkets on up to $25K per calendar year in purchases (then 1x)
    • 3x flights booked directly with airlines or on Amextravel.com (unchanged benefit)
    • No more 2X gas at US gas stations
    • $120 dining credit: $10 per month credit for spend at GrubHub, Seamless, The Cheesecake Factory, Ruth’s Chris Steakhouse, and Participating Shake Shack locations
    • $100 Airline Fee Credit (unchanged benefit)
  • Note that these changes only apply to cards previously called “Premier Rewards Gold”.  Terms state: “Traditional Gold, Senior Gold, Classic Gold and Ameriprise Gold Cards are not eligible.”
  • The annual fee is now $250 for new cardholders.

More info about the new card can be found here.

A previously unanswered question has been what happens to existing cardholders with respect to the annual fee and the 2X gas benefit?  We now have the answers direct from Amex…

Current Premier Rewards Gold cardholders keep 2X Gas for a full year

New cardholders will earn only 1X rewards at gas stations, but existing cardholders will continue to earn 2X at US gas stations until October 4, 2019.

This was the info provided by Amex:

Additionally, with these changes, the current 2X Membership Rewards points on spend at U.S. Gas Stations earn will be no longer be offered on the Gold Card. Current Premier Rewards Gold Card Members will continue to receive this benefit until October 4, 2019, when this benefit will be discontinued.

Current Premier Rewards Gold cardholders keep $195 annual fee at least until April 1 2019

New cardholders will be charged the new $250 annual fee right away.  Current cardholders will keep the old $195 annual fee at least until April 1 2019.  If your account renewal date is between now and April 1 2019, then you’ll be charged $195 to renew.  If your renewal date is April 1 or later, you’ll then be charged the new $250 rate.  Congratulations to those with March renewal dates!

This was the info provided by Amex:

The new Gold Card now has an annual fee of $250, up from the Premier Reward Gold Card’s previous fee of $195. The new fee will go into effect for current Premier Rewards Gold Card Members beginning April 1, 2019 on their account renewal date.

 

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[…] Changes for Current PRG Cardholders […]

James B

Hi Greg. Does this apply to AMEX business Gold Card as well?

Nick Reyes

No. Different product, different benefits. Nothing changing on the Business card as far as we know.

Lota

My anniversary date is March 27th. How about that ?

[…] Small update: Existing cardholders (those who were cardholders before October 4th, 2018) will keep the 2x earning rate on gas stations until October 4th, 2019. American Express provided the following statement to Frequent Miler: […]

TIMOTHY Alan SMITH

Asked this on FB page and was wondering if you had a PRG and canceled would this Amex Gold card be considered a new product?

TIMOTHY Alan SMITH

Damn. My fee posted April 19 this year.

Samantha

Awesome news! My card renews mid-March! I can’t believe my luck!

Rey

Greg, is this Amex Gold card annual free for Amex Platinum?

[…] today) will keep 2x at gas stations through October 4, 2019 on top of the new benefits (See: Current Premier Rewards Gold cardholders keep 2X Gas and $195 into 2019). Those who opened the card before today are the clear […]

alex

hi Greg, do you know when the 4x will kick in for existing card holders? Do we need to register for it or anything?

alex

Greg, do you know when the 4x would kick in for existing card holders?