I Canceled My Amex Gold Card (Here's Why)

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I’ve finally canceled my American Express Gold card. I first got this card about 3 years ago, in May of 2021, and back then, if you had asked me if I would ever cancel this card, I would’ve told you absolutely not: this was the best food card out there, and I was going to keep it forever, but that was not the case.

What’s interesting is that looking back at my mindset back then, I definitely bought into the hype, and while the Gold card is still a very good card for the right person, it wasn’t the right fit for me.

So in this video, I go over the reasons why I canceled the Amex Gold card, and why it is probably not going to return back to my wallet anytime soon.

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📚 Chapters:
00:00 Intro
00:51 Amex Gold Card Overview
03:15 Reason 1: I Don't Use The Card
06:29 Reason 2: Simplify My Setup
09:28 Reason 3: Annual Fee Increase
12:52 Outro

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Some of the products that appear on this website are from companies from which I will earn an affiliate commission or referral bonus. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

I am not a financial advisor, accountant, or lawyer and do not provide financial, tax, or legal advice. This video and any ideas presented in it are my opinions and are provided for entertainment purposes only. Please do your own research and consult your own financial, tax, or legal professional for specific advice.
 
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