UPS Replaces FedEx on the Amex Business Gold Card’s $240 Flexible Business Credit

We figured a replacement was coming, and now it’s here. Effective today, October 1, 2026, UPS is an eligible merchant for the $240 Flexible Business Credit on the American Express^® Business Gold Card.

The addition fills the hole left when FedEx dropped off the list this morning, and it keeps the monthly credit at 3 usable merchants instead of 2.

Let’s look at the updated benefit and how to use it.

Amex Adding UPS Isn’t a Surprise

When Amex confirmed that FedEx would leave the Amex Business Gold card‘s monthly spending credit, we guessed one of 2 things would happen: Either the shipping category would vanish entirely, or another carrier would take FedEx’s spot. The second scenario played out.

It makes sense, too. Shipping is a core business expense, and American Express clearly wanted to keep that use case alive. Amex says that a survey found that 70% of businesses count shipping and logistics among their largest recurring costs, so dropping the category outright would have stung for a lot of cardholders. Swapping 1 major carrier for another lets Amex preserve the benefit while changing the merchant behind it.

For cardholders who leaned on FedEx, the switch means rerouting shipments to UPS.com to keep earning the credit. For everyone else, the math stays the same.

How To Use the $240 Flexible Business Credit

The structure of this benefit hasn’t changed. You can earn up to $20 in statement credits each month, which works out to as much as $240 per year. Enrollment is required, so this doesn’t kick in automatically. You need to enroll online or by calling the number on the back of your card.

Once enrolled, you can earn the monthly credit on eligible U.S. purchases at 3 types of merchants: Grubhub, U.S. office supply stores, and shipments at UPS.com. Remember that the cap is $20 total per month across the account, not $20 per merchant.

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Terms Apply / Rates & Fees

American Express^® Business Gold Card

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Get 4x points in 2 select categories where your business spends the most each month (on your first $150,000 spent each year).

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American Express^® Business Gold Card

Get 4x points in 2 select categories where your business spends the most each month (on your first $150,000 spent each year).

Welcome Offer

Your Offer Could Be As High As 200,000 Points. Apply And Find Out Your Offer. You may be eligible to earn as high as 200,000 Membership Rewards^® Points after spending $15,000 in eligible purchases on your new Card in your first 3 months of Membership. Welcome offers vary and you may not be eligible for an offer.

Your Offer Could Be As High As 200,000 Points. Apply And Find Out Your Offer.

UP's Offer Valuation*:

Up to $4,400

Annual Fee

$375

APR

17.99% - 28.74% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Good to Excellent

Why We Like This Card

The American Express^® Business Gold Card is excellent at racking up rewards for your business spend.

The card earns a whopping 4x points per $1 in the 2 categories (from a list of 6) that your business spends the most money on each month. With no need to opt-in or preselect your categories, so you can focus on what matters most — running your business.

Pros & Cons

Pros

• 4x points per dollar spent on your 2 highest purchase categories each month up to $150,000 each calendar year in purchases; categories include:
  • Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways
  • U.S. purchases made from electronic goods retailers and software & cloud system providers
  • Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S.
  • U.S. purchases at gas stations
  • U.S. purchases at restaurants, including takeout and delivery
  • Purchases at U.S. media providers for advertising in select media (online such as Google Ads, Facebook Ads, plus TV and radio)
• 3x points per dollar on flights and prepaid hotels booked on amextravel.com using your Business Gold Card
• Access to Amex’s The Hotel Collection

Cons

• $375 annual fee (rates and fees)
• No elite travel benefits like airport lounge access or elite status

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Card Highlights

• As High As 200,000 points. Find Out Your Offer. You may be eligible for as high as 200,000 Membership Rewards^® Points after spending $15,000 in eligible purchases on your new Card in your first 3 months of Membership. Welcome offers vary and you may not be eligible for an offer.
• Earn 4X Membership Rewards^® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.
• Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at Grubhub, Office Supply Stores, and shipments at UPS.com. This can be an annual savings of up to $240. Enrollment required.
• Enroll and get up to $300 in statement credits per calendar year on U.S. purchases of ChatGPT Business* on the Business Gold Card. *Subject to auto-renewal.
• Enroll and get up to $150 in statement credits per calendar year for U.S. purchases with Squarespace on the Business Gold card. Subscription purchases subject to auto-renewal.
• Get up to a $12.95** statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with the Business Gold Card. **Up to $12.95 plus applicable taxes on one membership fee.
• Earn 3X Membership Rewards^® points on flights and prepaid hotels booked on AmexTravel.com or the Amex Travel App™.
• The Business Gold Card comes in three metal designs: Gold, Rose Gold and White Gold. Make your selection when you apply on Americanexpress.com.
• Terms Apply

Financial Snapshot

• APR: 17.99% - 28.74% Variable
• Foreign Transaction Fees: None

Rewards Center

American Express Membership Rewards

The UPS side comes with fine print worth reading. Eligible purchases are small parcel shipments paid for directly on UPS.com with your enrolled card. They don’t include purchases made at The UPS Store, UPS Access Point locations, UPS My Choice, Parcel Pro, UPS Air Cargo, or UPS Supply Chain Solutions services. Third-party resellers and intermediaries are out, as well.

Statement credits can take up to 8 weeks to post, and the purchase has to process in the same calendar month to count toward that month’s credit. If you buy on the last day of the month and UPS processes it a day later, the credit will likely process in the following month.

Final Thoughts

UPS filling FedEx’s vacated spot is about the best outcome cardholders could have hoped for. The shipping category survives, the $240 in annual value holds, the number of merchants hasn’t gone down, and anyone who ships regularly can still pull a monthly credit out of the Amex Business Gold card.

If you were worried this perk was shrinking for good, that hasn’t happened. Just remember to enroll for the benefit, and then route your shipping through UPS.com to collect.