American Express Platinum Credit Card - Features, Benefits, Fees & Charges

American Express Platinum Credit Card (4.6)

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If you're searching for an ultra-luxe credit card that'll make you feel like a VIP everywhere you go, the American Express Platinum Card could be a great option for you. This is a charge card that comes with no pre-set credit limit. Although it has an annual fee of ₹60,000, it offers premium stay vouchers worth ₹45,000 for Taj, SeleQtions, and Vivanta Hotels, access to top-class airport lounges, travel insurance coverage, reward rates ranging from 1.25% – 2.5% and many other benefits such as special deals on airlines like Emirates, Qatar Airways, Delta Airlines, and more. Keep reading if you're ready to elevate your travel experiences and enjoy a lifestyle fit for the elite. 🛫

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus

Stay vouchers worth ₹45,000 from Taj, SeleQtions and Vivanta Hotels.

Note: Benefits available on payment of annual fee and spending ₹50,000 in the first 2 months of Card membership.

Travel Benefit
  • 25% off at Taj, SeleQtions and Vivanta Hotels.
  • Exclusive deals on the world’s finest airlines like Emirates, Qatar Airways, and British Airways.
  • Benefits worth ₹37,000 like complimentary room upgrades and late checkouts at the 5 Star hotels.

Note: Hotels and resorts worldwide including the Four Seasons Hotels and Resorts, Mandarin Oriental, The Ritz-Carlton and more.

Reward Points
  • 1 Membership Rewards Point for every ₹40 spent
  • 3x Membership Rewards Points on all international spends
  • 5x Membership Rewards Points on every purchase through Reward Multiplier
  • Reward Rate: 1.25% to 2.5%
Lounge Access

Access to over 1,300 premium airport lounges globally.

Concierge Services

Enjoy 24X7 Concierge services that assist users with travel reservations and other plans.

Insurance Benefit
  • Coverage of ₹5 Crore for death due to air accidents.
  • Coverage of ₹50,000 in case of loss of baggage, documents or passport.
  • Complimentary medical insurance for US$ 50,000 for the first 7 days of the trip.
  • Protection against loss/damage of tangible goods within the first 90 days caused by fire, burglary or natural calamities.
  • Fraud protection worth ₹15 lakhs in case of theft, fraud or an emergency.
  • Emergency hotels and travel assistance up to ₹2 lakhs and emergency cash in India.
Dining Benefit
  • Up to 50% off at over 1800 premium restaurants in India.
  • Free membership of EazyDiner Prime.
  • Complimentary drinks, preferential reservations & 24X7 VIP helpline.
Other Benefit
  • Seamless upgrade to Elite Tier Memberships.
  • Exclusive invitations to VIP events.
  • Access to presale tickets for events like Fashion Week, Grammy, Wimbledon etc.
Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹60,000

Annual Fee

₹60,000

Annual Percentage Rate

42%

Add-on Card Fee

₹10,000

Minimum Repayment Amount

5%

Cash Withdrawal Fee

3.50%

Cash Advance Limit

NA

Card Replacement Fee

Nil

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹1
Late Payment Charges

Any Amount Due

30% of the minimum amount due, subject to a minimum of ₹ 500 and a maximum of ₹ 1,000.
Pros

Aspects that make this credit card amazing.

  1. The card offers exclusive discounts on Hotel and Travel Benefits.
  2. It offers discounts on dining at premium restaurants.
  3. The card gives VIP access and assistance to exclusive events worldwide.
  4. Users get accidental, medical and theft insurance coverage.
  5. It offers 24x7 concierge services.
  6. It comes with free access to premium airport lounges globally.
Cons

Aspects this credit card lacks.

  1. No fuel surcharge waiver.
  2. Annual fee is quite high which is not affordable by many.
  3. Insurance does not cover items like gold, silver, antiques, securities etc.
American Express Platinum Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(2.9)

Rewards

(3)

Customer Service

(3)

American Express Platinum Credit Card Review

The American Express Platinum Credit Card comes with a wide range of premium services. One of the major benefits includes VIP and early access to exclusive events all over the world. Additionally, it also provides vouchers and discounts to top-tier hotels globally with access to international airport lounges as well as the convenience of availing of 24x7 concierge services. Meanwhile, users also earn reward points on all the transactions done in India and abroad.
However, for all these premium perks and benefits, users are charged a hefty annual fee of ₹60,000, which some potential users might find unaffordable to pay.
Some other super-premium cards that offer benefits similar to the American Express Platinum Card are listed below:
1. Axis Bank Reserve Credit Card
2. HDFC Infinia Metal Edition Credit Card
3. HDFC Diners Club Black Credit Card

Overview

Best for Travel and Lifestyle
Joining Fee ₹60,000 + Applicable Taxes
Annual Fee ₹60,000 + Applicable Taxes
Welcome Benefits Hotel Vouchers worth Rs. 45,000 from Taj, SeleQtions and Vivanta Hotels
Card Network American Express

Who should get the American Express Platinum Credit Card?

The American Express Platinum Credit Card is best suited for individuals who frequently travel and want to earn reward points for their travel and other expenses. The card offers a wide range of travel benefits, including airport lounge access, travel insurance, and discounts on hotel bookings. The card is a good choice for individuals who spend a lot in these categories. In addition, the American Express Platinum Credit Card comes with a concierge service, which can assist cardholders in making travel and dining reservations and many other requests. Overall, American Express Platinum Travel Credit Card is an ideal option for users who want to avail of premium benefits and are ready to pay a high annual fee.

Reward Points

With the American Express Platinum Credit Card, users earn reward points for every transaction done in India and abroad as well. Respective categories and reward points are categorized below.

Categories Reward Points
On every transaction 1 pt.
On every spend done abroad. 3X pts.
On every purchase through Reward Multiplier 5X pts.

Note: The value of reward points may vary when redeemed for Amex Travel Online Benefits. 
Reward points are not applicable for transactions made on Fuel, Insurance, POS machines and Cash Withdrawals. 

How to apply for an American Express Platinum Credit Card?

American Express Platinum Travel Credit Card can be applied by calling on 1-800-419-2122 and through an online application process as well. To apply online, follow the below-mentioned steps:

  • Visit the American Express Express Website

  • Under the “Card” section, go to “Premium Credit Card”.

  • Under the premium credit card, the “American Express Platinum” card will be listed.

  • Click on “Apply Now” and start the application process.

  • Fill in all the required details and upload all the necessary documents to complete the process.

American Express Platinum Credit Card Eligibility

  • Age: Minimum 18 Years
  • Occupation: Salaried or Self-Employed
  • Income: Salaried: ₹25 Lakh p.a, Self-Employed: ITR > ₹15 Lakh p.a.

Documents Required

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
American Express Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

American Express Bank

American Express Bank Credit Card Customer Care Number:

1800 419 5960

American Express Bank Card Offers:

View Offers

Total Cards:

13,57,137
American Express Bank Credit Card News

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American Express Platinum Customer Reviews

Overall Rating

3

Based on 2 reviews

Rating Summary

5
0%
4
50%
3
0%
2
50%
1
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Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

The American Express Platinum Credit Card is difficult to obtain because candidates must have a credit score of 700 or higher and a significant income in order to be approved. Yet, you have a strong chance of being accepted if you have at least good credit and a substantial income.

To be eligible for the American Express Platinum Travel Credit Card, an Indian resident with a good credit history and no defaults must apply. Applicants must also be at least 18 years old and have a savings or current account with an Indian or multinational bank. Furthermore, the applicant must have a minimum annual income of Rs. 6 lahks from either salaried or self-employment. Filling out an online form, submitting documents such as identity, address, and income proof, and going through approval and verification processes are all part of the application process.

Only a few American Express credit cardholders have access to the EMI facility. American Express charge cardholders are not permitted to use this facility. The bank retains the authority to determine eligibility in accordance with its internal policies and guidelines. Subject to their credit limit being available, cardmembers may choose up to six charges or transactions to convert into an EMI at any time.

The American Express Platinum Travel Credit Card allows you to earn Membership Rewards Points on your transactions, which never expire.

You can use this credit card to make foreign currency purchases. However, each transaction is subject to a 3.5% markup fee. That is, you will be charged an additional fee of 3.5% of the transaction amount for each foreign currency transaction made with this credit card.

Redeeming Membership Rewards points earned on an American Express Platinum credit card is a simple process. Log into your account and select the option to redeem points. Choose how to redeem, either as a statement credit or towards a purchase. Enter the number of Membership Rewards points you would like to redeem and your payment information. Confirm your redemption and finalize the purchase.

Points can be redeemed for gift cards, travel rewards, and statement credits. For gift cards, you can choose from a variety of retailers, restaurants, and entertainment options. For travel rewards, you can book flights, hotels, and vacation packages. For statement credits, you can reduce your credit card bill. 

Once you have redeemed your points, they will be deducted from your Membership Rewards account.

Yes, contactless payments are possible with the American Express Platinum Travel Credit Card. Due to the card's contactless functionality, you can make payments instantly and safely. All you need to do is hold your card close to the reader while you wait for your payment to be approved. Additionally, you will continue to benefit from the same outstanding fraud protection, top-notch service, and Cardmember rewards that you are accustomed to.

 

A credit limit is not included on a Consumer or Business Green, Gold, or Platinum Card. Instead, unless you have already been informed, your Card does not have a defined spending limit.

Yes, the American Express Platinum Card is a premium credit card that comes with travel reward points. It includes access to airport lounges and stays vouchers at premier hotels, as well as the 3.5% Amex foreign transaction fee.

The major benefits of the American Express Platinum Card include:- 

  • With the exception of fuel, insurance, and utilities, every Rs 401 you spend using your card earns you 1 Membership Rewards Point.
  • For every Rs 100 spent on fuel, members earn 5 Membership Rewards points.
  • Get more for your money by charging all of your expenses, including travel, dining, and shopping, to your card.

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