American Express Business Gold or Bank of America Premium Rewards?
American Express Business Gold returns $470 over its fee and Bank of America Premium Rewards returns $30, so the fee difference comes down to which categories you use.
| CATEGORY | BUSINESS GOLD | BANK OF AMERICA PREMIUM REWARDS |
|---|---|---|
| 💼Business | $690 | — |
| 🍽️Food & Dining | $240 | — |
| ✨Lifestyle | $155 | — |
| 🌎Travel | — | $125 |
| Total credits | $845 | $125 |
| Annual fee | $375 | $95 |
| Net value | +$470 | +$30 |
You use business, food & dining, lifestyle. Business and Food & Dining and Lifestyle alone are worth $1,085 here and nothing on the Bank of America Premium Rewards.
You use travel. Travel alone is worth $125 here and nothing on the Amex Business Gold.
Frequently asked questions
Which is better, American Express Business Gold or Bank of America Premium Rewards?
The American Express Business Gold is better with $470 net annual value compared to the Bank of America Premium Rewards at $30. The American Express Business Gold wins by $440/year.
What's the difference between American Express Business Gold and Bank of America Premium Rewards?
The key differences: American Express Business Gold has a $375 annual fee and $845 in annual benefits, while Bank of America Premium Rewards has a $95 annual fee and $125 in annual benefits. The annual fee difference is $280.
Which has a lower annual fee, American Express Business Gold or Bank of America Premium Rewards?
The Bank of America Premium Rewards has a lower annual fee at $95 compared to the American Express Business Gold at $375. However, the American Express Business Gold offers $845 in total annual benefits.
Is the American Express Business Gold worth it compared to the Bank of America Premium Rewards?
Yes, the American Express Business Gold offers better value with $470 net annual value compared to $30 for the Bank of America Premium Rewards. Even though it has a higher annual fee ($375 vs $95), the American Express Business Gold provides more total benefits.
Amex vs Bank of America: which issuer is better?
For these specific cards, Amex's American Express Business Gold offers better value with $470 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.
Which card is better for business?
The American Express Business Gold is better for business with $690 in annual business benefits compared to $0 for the Bank of America Premium Rewards.
Should I get the American Express Business Gold?
If you're deciding between the American Express Business Gold and Bank of America Premium Rewards, the American Express Business Gold is the better choice with $470 net annual value. However, make sure you can use the key benefits to maximize value. Compare the full benefit breakdown to see which fits your spending better.
Other comparisons
NET VALUE SHOWN FOR EACHMORE AMEX BUSINESS GOLD COMPARISONS
- vs. Amex Business Platinum
- vs. Amex Delta SkyMiles Reserve
- vs. Amex Delta SkyMiles Reserve Business
- vs. Amex Gold
- vs. Amex Green
- vs. Amex Hilton Honors Aspire
- vs. Amex Marriott Bonvoy Brilliant
- vs. Amex Platinum
- vs. Amex Platinum (Charles Schwab)
- vs. Amex Platinum (Morgan Stanley)
- vs. Delta SkyMiles Gold Business
- vs. Delta SkyMiles Platinum Business
- vs. Delta SkyMiles® Gold American Express Card
- vs. Delta SkyMiles® Platinum American Express Card
- vs. Hilton Honors American Express Business Card
- vs. Hilton Honors American Express Surpass Card
- vs. Bank of America Premium Rewards Elite
- vs. Capital One Venture X
- vs. Capital One Venture X Business
- vs. Hyatt
- vs. Sapphire Preferred
- vs. Sapphire Reserve
- vs. Sapphire Reserve for Business
- vs. United Club
- vs. United Explorer
- vs. United Quest
- vs. IHG One Rewards Business Credit Card
- vs. IHG One Rewards Premier Credit Card
- vs. IHG One Rewards Premier Select Credit Card
- vs. Marriott Bonvoy Boundless
- vs. The Ritz-Carlton Credit Card
- vs. United Business Card
- vs. United Club Business Card
- vs. Citi AAdvantage Executive
- vs. Citi Strata Elite
- vs. U.S. Bank Altitude Reserve
- vs. Wells Fargo Autograph Journey
MORE BANK OF AMERICA PREMIUM REWARDS COMPARISONS
- vs. Amex Business Platinum
- vs. Amex Delta SkyMiles Reserve
- vs. Amex Delta SkyMiles Reserve Business
- vs. Amex Gold
- vs. Amex Green
- vs. Amex Hilton Honors Aspire
- vs. Amex Marriott Bonvoy Brilliant
- vs. Amex Platinum
- vs. Amex Platinum (Charles Schwab)
- vs. Amex Platinum (Morgan Stanley)
- vs. Delta SkyMiles Gold Business
- vs. Delta SkyMiles Platinum Business
- vs. Delta SkyMiles® Gold American Express Card
- vs. Delta SkyMiles® Platinum American Express Card
- vs. Hilton Honors American Express Business Card
- vs. Hilton Honors American Express Surpass Card
- vs. Bank of America Premium Rewards Elite
- vs. Capital One Venture X
- vs. Capital One Venture X Business
- vs. Hyatt
- vs. Sapphire Preferred
- vs. Sapphire Reserve
- vs. Sapphire Reserve for Business
- vs. United Club
- vs. United Explorer
- vs. United Quest
- vs. IHG One Rewards Business Credit Card
- vs. IHG One Rewards Premier Credit Card
- vs. IHG One Rewards Premier Select Credit Card
- vs. Marriott Bonvoy Boundless
- vs. The Ritz-Carlton Credit Card
- vs. United Business Card
- vs. United Club Business Card
- vs. Citi AAdvantage Executive
- vs. Citi Strata Elite
- vs. U.S. Bank Altitude Reserve
- vs. Wells Fargo Autograph Journey