Amex Gold or Amex Platinum

Amex Gold or Amex Platinum. Most people pick the wrong one and overpay for benefits they never use. And choosing the right one for you comes down to a specific number in your monthly spending. Two of the most popular premium credit cards on the market, both from American Express, both with strong award, it's completely different use cases. Here is how to know which one is right for you. The MX Gold has $325 annual fee. You get four X points on dining worldwide up to 50,000 a year. Four X on groceries at US supermarkets up to 25 $5,000 a year. Five X on pre-paid hotels through AMX Travel and three X on flights. Plus up to $120 in dining credits, up to $120 in Uber cash, up to $100 in Resy credits and 84 in Duncan credit and 84 in Duncan credit annually. That is over $400 in statement credits meaning if you actually use them, the effective annual fee can drop to nearly zero. For someone who spends heavily on food and restaurants, that gold card earns points faster than almost any other card in those categories. Now the AMX Platinum at 8 195 annual fee. The rewards on everyday spending are weaker. One X points on most purchases, but the benefits are what separates itself. You get up to $200 in airline fees, up to $600 in hotel credits, up to $400 in reseiding credits, up to $300 in dining credits, up to $300 in Uber cash and up to $209 for clear plus. Plus you get credits for Lulu Lemon, Equinox Walmart Plus and Ora ring. Global lounge collection access including the Centurion lounges. If you actually use those benefits. Amax says the credit stack is worth over $3500 a year. But that word actually is doing a lot more work in that sentence. Most people who get the platinum do not use every credit. They pay $895 and capture maybe half of that value. So here's the simple framework. If you spend most of your money on food and groceries and dining out, get the gold. The Forex categories will earn more points faster and the credits are easy to use. If you travel frequently value airport lounge access and genuinely use a lifestyle credit, get the platinum. The benefits just the fee for people who maximize them first. If you're not sure, get the gold first. It's easier to justify, easier to maximize. And the points transfer to the same AMX membership awards program as a platinum. The best card is the one whose benefits you actually use. Follow for more.