Best Credit Cards With No Preset Spending Limit Of 2024 – Forbes Advisor – Technologist

The American Express® Gold Card is an excellent choice for those who want dining and grocery rewards and who don’t mind paying an annual fee of $325 (Terms apply, see rates & fees). This card offers an attractive welcome bonus, strong earnings potential and travel protections. Statement credits are also available that can easily offset the card’s annual fee. Among the cards without preset spending limits*, the Amex Gold perhaps offers the best cost-to-reward ratio.

Rewards: Earn 4 Membership Rewards® points per dollar at restaurants (on up to $50,000 in purchases per calendar year, then 1 point per dollar beginning on 1/1/2025), 4 Membership Rewards® points per dollar at US supermarkets (on up to $25,000 in purchases per calendar year, then 1 point per dollar), 3 Membership Rewards® points per dollar on flights booked directly with airlines or on American Express Travel, 2 Membership Rewards® points per dollar on prepaid hotels and other eligible purchases booked on American Express Travel and 1 point per dollar on all other eligible purchases.

Welcome Offer: Earn 60,000 Membership Rewards points after spending $6,000 on eligible purchases in the first 6 months of card membership, plus 20% back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months of card membership, up to $100 back.

Annual Fee: $325

Other Benefits and Drawbacks: The American Express® Gold Card offers up to $120 in dining credits when you use your card to pay at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com and select Five Guys locations as well as up to $120 yearly in Uber Cash ($10 monthly). Other perks include access to American Express Experiences, The Hotel Collection with American Express Travel, American Express Preferred Access and Amex Offers.

Additionally, the Amex Gold can help you protect during your travels by providing baggage insurance¹ and secondary car rental loss and damage insurance². For those who don’t need all the features of its even more premium counterpart—The Platinum Card® from American Express—but still want luxury benefits associated with a higher-tier Amex card, the Amex Gold could be the perfect fit.