Wealth

American Express Retools Gold Card in Battle for Fine Diners

  • Doubles rewards points for dining, supermarkets on Gold card
  • Dining credits for Seamless, Shake Shack defray higher fee

Source: American Express

American Express Co. is ratcheting up the rewards war for premium credit-card customers. Again.

Holders of the AmEx Gold Card will now get 4 points per dollar spent at U.S. restaurants and supermarkets, up from 2 points previously, the New York-based company said Thursday in a statement. They will also receive a yearly $120 dining credit when they use their card at the Cheesecake Factory, Ruth’s Chris Steak House, certain Shake Shack locations or with the delivery services GrubHub or Seamless.