Earlier this year American Express announced plans to refresh up to 40 cards globally this year. In May there was a rumor that American Express would be increasing the annual fee on the Gold card to $325 ($75 increase). During the Q2 earnings called CEO Stephen Squeri stated that “…we look forward to announcing our refreshed U.S. Consumer Gold Card in the coming weeks”. I suspect a few things out of this refresh:
- Limited time white gold card (this was leaked already on the American Express production server)
- Annual fee increase (almost all refreshes have included a fee increase)
- Introduction of resy credits (Squeri mentioned the growth of resy alongside his comments regarding this card)
Some additional rumors can be found here, they include:
- $50 semi annual Resy credit
- $7 monthly Dunkin donuts credit
- Restaurants 4x limited to $50,000 per year
- Removing milk bar and shake shack from the food credit but adding 5 guys