Small businesses need to constantly reevaluate their expenses and spending habits to ensure they can stay in business. You check whether you can get products cheaper from another supplier and should also consider the credit card — or cards — you’re putting business expenses on to get the best return possible on your purchases.
Another key consideration is whether the small-business credit card you’re using is worth its annual fee. Are you getting perks and benefits that justify this fee? Is it worth paying the card’s annual fee for access to the bonus points it provides on your business expenses? Or would you be better served with another credit card?
The American Express® Business Gold Card has a $295 annual fee (see rates and fees), so let’s consider these questions to see whether this card is worth the annual fee.
Sign up for our daily newsletter
Welcome bonus
New applicants for the Amex Business Gold card can earn 70,000 bonus…
