Does American Express Gold Card have foreign transaction fees?

Does American Express Gold Card have foreign transaction fees?

Annual fee: American Express Gold Card charges an annual fee of $250. Foreign transaction fee: There is no foreign transaction fee. Balance transfer fee: American Express Gold Card does not allow balance transfers. Cash advance fee: Pay either $10 or 5% of the amount of each cash advance, whichever is greater.

Does American Express credit card charge foreign transaction fee?

How much are American Express foreign transaction fees? The American Express foreign transaction fees are 2.7% of all international transactions or 0%, depending on the Amex card. There are plenty of American Express cards with no foreign transaction fee. Those cards tend to be the best options for travel.

Is Amex Gold worth it for travel?

While both cards should offer terrific value to frequent travelers, the Amex Gold will probably be the better everyday rewards option. That’s because it offers ongoing rewards not just on travel purchases, but also restaurants and U.S. supermarket purchases.

Is Amex Gold a charge card?

The American Express® Gold Card, American Express® Green Card and Platinum Card® from American Express all used to be described as “charge cards.” This meant that while the cards looked and acted like traditional credit cards in terms of making purchases and earning rewards, they typically needed to be paid off in full …

Is Amex Gold International?

International purchases, whether you’re traveling abroad or shopping online from foreign merchants, won’t cost you extra with Amex Gold, thanks to its 0% foreign fee.

Can Amex cards be used internationally?

American Express is accepted in more than 160 countries and territories internationally. That includes all the members of the United Nations, except for those under U.S. sanctions. Amex cards are more widely accepted in some international destinations than others, though.

Does Amex Gold have lounge access?

The Amex Gold card does not offer any complimentary airport lounge access.

Is Amex Gold a metal card?

Yes, the Amex Gold card is a metal card. New Amex Gold card applicants don’t need to specify that they want a metal card, either – it’s standard. It’s worth noting that regardless of its name, the Amex Gold card is not made of gold. But it is worth quite a bit in ongoing rewards.

Does Amex Gold have a limit?

The American Express® Gold Card has no preset spending limit, which reflects its origins as a charge card — a card that requires you to pay your bill in full every month. Nowadays, the card allows you to pay for some purchases over time.

Why is Amex not widely accepted?

The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don’t accept American Express. American Express’ interchange fee is just too high. Providers like Visa and Mastercard charge between 1.5% and 2.5%, while Amex charges merchants between 2.5% and 3.5%.