American Express Gold Vs Green Corporate Credit Card

American Express has three credit cards for business owners in India: the AmEx Gold Corporate Card, the AmEx Green Corporate Card, and the AmEx Platinum Corporate Card. While the American Express Platinum Corporate Card does not have a joining fee, it does have an enormous renewal fee of ₹40,000 annually. This feature makes the card only worth it for large companies. The other two offerings from AmEx have reasonable costs and amazing perks for their users, and they are often compared with one another.

Here is a clear comparison between the two to help look at the differences better.

Joining Fee and Welcome Bonus

American Express Green Corporate Card comes with no joining fee but a renewal fee of ₹2,100 + GST. Since the card does not have a joining fee, it also does not offer any welcome bonuses. AmEx Gold Corporate on the other hand, comes at a reasonable joining fee of ₹1,000 + GST. To renew the card from the following year onwards, users will have to pay a fee of ₹4,500 + GST. This card as well does not offer its users any welcome bonuses.

Reward Structure

The best part about the AmEx reward system is that the points don’t expire. They can be redeemed for various high-value vouchers or transferred to partner airline or hotel points.

The American Express Green Corporate Card and the American Express Gold Corporate Card both have the same reward rate. Both cards let you earn rewards on almost all of your spending in the following categories.

• 1 point per every ₹50 spent on all business expenses
• 1 point per ₹100 spent for fuel, utility, telecommunication, wholesale spends, and insurance

These accumulated rewards can then be redeemed in the following ways

• Over 350 e-vouchers across 175 brands
• Transfer MR Points to partnering airline and hotel points
• Pay with points directly at checkout, online or in-store
• Cover eligible Card charges with points

Travel Benefits

While AmEx Green Corporate Credit Card allows you assistance programs while traveling, like 24×7 Global Assist Hotline, 24-Hour Customer Service, and Emergency Card Replacement.

The American Express Gold Corporate Card offers other travel perks, such as complimentary access to 1,200 VIP lounges worldwide for primary and accompanied guests and discounted access to over 25 domestic lounges.

Overview

Take a look at this general overview of these cards to choose your best.

Which American Express Corporate Card is Better?

Since both cards have the same reward rate, the question of which card is better comes down to additional perks. If you are looking for a corporate card with an average renewal fee and rewards on regular spending, AmEx Green Corporate Card is the card for you. If you value travel perks like access to international airport lounges, the American Express Gold Corporate Card is going to be the right fit.

Bottom Line

American Express offers Green Corporate Card and Gold Corporate Card. Both have reasonable annual fees and are suitable for small to medium-sized businesses. While the AmEx Green Corporate Card has no additional lifestyle benefits and is ideal for everyday spending, the AmEx Gold Corporate Card offers complimentary airport lounge access to customers who frequently travel.

American Express is an international financial institution, and its credit cards are popular among credit card enthusiasts for all the right reasons. Still, since the cards are being considered from the perspective of Indian markets, you should consider their acceptability. A corporate card from Visa or Mastercard may offer the same perks at around the same cost and be accepted by every vendor and merchant. At the same time, there may be some issues with AmEx, as not every merchant accepts AmEx as an offline mode of payment.