Head-to-head · 🇺🇸 United States

Amex Business Gold vs US Bank Cash+

Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.

US
American Express
Amex Business Gold
AMERICAN
EXPRESS
Wins 2 of 10
US
US Bank
US Bank Cash+
VISA
Wins 3 of 10
Verdict

US Bank Cash+ wins 3-2. 5% on 2 chosen categories + 2% on 1 chosen — fully customizable. Amex Business Gold is still the right call if small businesses — 4x on top 2 spend categories from a list of 6..

Side-by-side

CriterionAmex Business GoldUS Bank Cash+
Annual fee
·
$375
No annual fee
Joining fee
=
None
=
None
Top reward rate
·
4% (shopping)
5% (shopping)
Base reward rate
=
1%
=
1%
Forex markup
No FX fee
·
3%
Welcome bonus
=
70,000 Membership Rewards points after $10,000 spend in 3 months
=
$200 statement credit after $1,000 spend in 120 days
Fee waiver threshold
=
No waiver
=
N/A (no fee)
Min income
=
=
Min credit score
·
720
670
Editorial rating
4.5/5
·
4.4/5

Benefits compared

Amex Business Gold

  • 4x on top 2 categories ($150K cap): airfare, gas, advertising, tech, restaurants, US shipping
  • $20 monthly FedEx + Grubhub credit
  • $240 Amex Business Line of Credit access
  • No foreign transaction fees

US Bank Cash+

  • 5% on 2 categories you choose ($2,000 quarterly cap)
  • 2% on 1 chosen everyday category (gas, grocery, restaurants)
  • 1% on everything else
  • No annual fee
  • Quarterly category swap

FAQ

Amex Business Gold vs US Bank Cash+: which is better?

US Bank Cash+ wins on more dimensions (3 vs 2). But the right answer depends on your specific spending pattern — see the calculator below.

Can I get both?

Yes — if your credit profile supports it, holding both is the optimal play. Use Amex Business Gold for its best categories, US Bank Cash+ for its best categories. Just watch the combined annual fees against your spend.

Which one has the better welcome bonus?

Amex Business Gold: 70,000 Membership Rewards points after $10,000 spend in 3 months. US Bank Cash+: $200 statement credit after $1,000 spend in 120 days.