The American Express Gold card currently earns 4x points per $1 spent on all purchases at restaurants worldwide. Starting January 1, 2025 you will continue to earn 4x points on these purchases on the first $50,000 in spend per calendar year and then it will earn 1x point per $1 spent. Surprised that this was a big enough of an issue that a cap had to be added.
Hat tip to TwG
View Comments (53)
If you can eat $50k annually at restaurants alone, you probably don't have to worry about amex points anyway.
Let's say you eat out 200 days per year and you spend $250 per day. You're at $50k. But, if you think about it, if you're in a financial condition to be above that, do you really give a poop you're not getting 4X after $50k?
If you're somehow MSing restaurants, it's move/counter-move with the card issuers. That's the game. Get tough or die.
believe this restriction because of "rhyme with booze" app purchases
Correct.
3x UR points might actually be worth more.
I thought the cap was there the whole time...
I only discovered in September that Amex Gold offers 4x for restaurants. Have gotten 11k points since then. I guess I missed so many points over the last 3 years :(
Damn! I was eating 150k a year. Now I will only eat 50k.
Careful. You could starve.
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Where did you pull 12.5k? The post clearly states $50k
fk UUUUUUU Amex!!!!
I love resturant!!!!!!
just get another gold card!
Another day, another devaluation...can't remember the last time the coupon book company's products became more valuable to high-spending customers. At least there are alternatives :-)