Which has the lower annual fee, Amazon.ca Rewards or Business Gold Rewards Card?

The Amazon.ca Rewards has no annual fee, while the Business Gold Rewards Card charges $250/year.

Which card is better for groceries, Amazon.ca Rewards or Business Gold Rewards Card?

The Amazon.ca Rewards earns 1x on groceries, while the Business Gold Rewards Card earns 2x. The better choice depends on your grocery spending and the specific merchants you shop at.

Is the Business Gold Rewards Card accepted everywhere in Canada?

The Business Gold Rewards Card runs on the American Express network, which is not accepted at some Canadian retailers like Costco and Loblaws. Visa and Mastercard have broader acceptance in Canada.

Amazon.ca Rewards vs Business Gold Rewards Card — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

Business Gold Rewards Card wins by $303/yr — strongest in groceries

Business Gold Rewards Card earns $383 more on groceries
Business Gold Rewards Card earns $108 more on gas
$250 higher annual fee, offset by rewards

Groceries: +$383Gas: +$108Shopping: +$105

Amazon.ca Rewards: $30/yr in foreign transaction fees

Business Gold Rewards Card: $30/yr in foreign transaction fees

Business Gold Rewards Card (Amex) — not accepted at Costco, Loblaws, No Frills, Walmart

Showing Year 1 analysis

Dollar Value

$398

/first year

0.9% effective$33/mo

vs 1% no-fee card: −$21

Annual rewards earned+$428

Welcome bonus+$0

FX costs−$30

Annual fee−$0

Winner

$701

/first year

1.7% effective$58/mo

vs 1% no-fee card: +$282

Annual rewards earned+$979

Welcome bonus+$1

FX costs−$30

Annual fee−$250

Best for your spendingBusiness Gold Rewards Card—$701Year 1 value

+$303 more than Amazon.ca Rewards

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Earn Rates by Category

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The Bottom Line

Business Gold Rewards Card wins by $303/yr — strongest in groceries

Business Gold Rewards Card earns $383 more on groceries
Business Gold Rewards Card earns $108 more on gas
$250 higher annual fee, offset by rewards

Groceries: +$383Gas: +$108Shopping: +$105

Showing Year 1 analysis

Business Gold Rewards Card wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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