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American Express Gold Card vs Bank of America Customized Cash Rewards

Side-by-side comparison of fees, rewards, benefits, and more.

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Feature Comparison
Feature
American Express Gold CardAmerican Express
Bank of America Customized Cash RewardsBank of America
Rating4.7/54.3/5
Annual Fee$325$0
APR20.24% - 29.24%17.49% - 27.49%
Signup BonusUp to 100,000 points after spending $6,000 in 6 months (targeted)$200 online cash rewards bonus after spending $1,000 in 90 days
Rewards Rate4X on dining (up to $50K/yr), 4X on U.S. groceries (up to $25K/yr), 3X on flights, 1X on everything else6% in a category of your choice first year (3% + 3% first-year bonus), 2% at grocery stores and wholesale clubs (combined $2,500/quarter cap), 1% on everything else
Credit Scoregoodgood
Pros
4X on dining ($50K cap) and U.S. groceries ($25K cap) is industry-leading
$120 dining credit + $120 Uber Cash annually
Transfer to 20+ airline and hotel partners
Choose your own 3% category from six options
2% at grocery stores and wholesale clubs
Preferred Rewards members can boost cash back up to 75%
Cons
$325 annual fee (offset by credits)
No 0% intro APR offer
American Express not accepted everywhere
$2,500 quarterly cap on 3% and 2% categories combined
Best value requires Bank of America banking relationship
Only 1% on non-category purchases
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Verdict

Our Pick: American Express Gold Card

With a 4.7/5 rating, the American Express Gold Card edges out the Bank of America Customized Cash Rewards (4.3/5). At $325/yr, the value proposition is strong. If you love food and travel, the Amex Gold is your card. With 4X on restaurants and groceries worldwide, plus annual dining and Uber credits that nearly offset the fee, it's a premium card disguised as a mid-tier one.

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