By Ankur Mittal
Updated On September 28, 2021

American Express or AmEx is US-based multinational financial corporation and is known globally for its premium credit and charge cards. American Express is both, a credit card issuer and a credit card network as you can get cards issued by AmEx for which the payment is processed over its own network, and also cards issued by other financial institutions in partnership with American Express. The corporation forayed into the Indian credit card market in the year 1993 and very soon became one of the most premium card issuers in the country. Although the market share in terms of the number of cardholders was less, AmEx cards accounted for a proportionally larger fraction of the total credit card transactions in the country. The proposition is very similar even today.

However, the market share of the American Express, along with other foreign card issuers, has been declining both in terms of the number of credit cards and the amount of transaction processed. In 2018, American Express accounted for 3% of credit card market in terms of the number of cards issued and 10% of the market in terms of the total spendings by the credit card customers. The numbers dropped to 2.4% and 4% respectively by 2021. As of May 2021, American Express had 14,94,955 outstanding credit cards in India.

Welcome Benefits

1,00,000 Membership Rewards Points or Taj, SeleQtions, and Vivanta Hotels’ vouchers worth Rs. 45,000.

Rewards Rate

1 Membership Rewards Point on every Rs. 40, 3X Points on all international spends, and 5X Rewards Points on transactions via Reward Multiplier portal.

Best Suited For

Travel | Shopping |

Movie & Dining

Complimentary membership to EazyDiner and a discount of up to 50% at 1,800 premium restaurants across India.

Reward Redemption

Membership Rewards Points redeemable against travel, dining and accessories on the AmEx’s Membership Rewards Redemption portal.

Joining Fees

Rs. 60,000 (plus applicable taxes)

Product Details

  • Welcome bonus of 1,00,000 Membership rewards or gift vouchers worth Rs. 45,000.
  • 1 Membership Rewards Point for every Rs. 40 spent with the card (except fuel, utility, and insurance transactions).
  • Up to 5 Membership Rewards Points for every Rs. 100 spent on fuel.
  • 3X Membership Rewards Points on spends abroad.
  • 5X Membership Rewards Points on the AmEx’s Rewards Multiplier portal.
  • No preset credit limit.
  • 24×7 global concierge service.
  • Travel-related insurance benefits including personal air-accident insurance worth Rs. 5 crores.
  • Up to 50% off at over 1800 premium restaurants in India and a complimentary membership to EazyDiner Prime.
  • Access to over 1,200 airport lounges globally including Centurian Lounges and American Express Lounges.

See additional details for American Express Platinum Card

Welcome Benefits

11,000 bonus Membership Rewards Points on realization of the joining fee, subject to a minimum expenditure of Rs. 30,000 within 90 days of card issuance.

Rewards Rate

1 Membership Reward Point for every Rs. 50 spent with the card except for spends on fuel, utilities, insurance, cash transactions, and EMI conversion at Point of Sale.

Best Suited For

Travel | Dining | Shopping |

Movie & Dining

BookMyShow vouchers worth Rs. 500 on the monthly expenditure of Rs. 25,000, complimentary Taj Epicure membership, complimentary membership of EazyDiner Prime.

Reward Redemption

Membership Rewards Points redeemable for online shopping vouchers, INSTA rewards for offline purchases, transfer to various flight and hotels loyalty programs and for making credit card bill payments under the Cash + Points scheme.

Joining Fees

Rs. 5,000 (plus applicable taxes)

Product Details

  • 11,000 bonus Membership Rewards Points as a welcome gift.
  • 1 Membership Rewards Point for every Rs. 50 spent with the card (with a few exceptions).
  • Monthly Flipkart/BookMyShow vouchers as milestone benefit.
  • Complimentary (limited) visits to domestic airport lounges and a complimentary Priority Pass membership.
  • Complimentary membership of Taj Epicure InnerCircle.
  • 2 complimentary rounds of golf every month at 32 premium golf courses across India.
  • Dining offers with complimentary membership of EazyDiner Prime.
  • 24×7 American Express concierge service.
  • Air accident insurance cover worth Rs. 1 crore.

Welcome Benefits

4,000 Bonus Membership Rewards Points

Rewards Rate

1 Membership Rewards Point for every Rs. 50 spent with the card,  5X Membership Rewards Points on Rewards Multiplier Portal

Best Suited For

Travel | Shopping |

Movie & Dining

Up to 25% off on orders from The Oberoi Gurgaon, The Leela and many other partner restaurants, up to 20% off on other select restaurants.

Reward Redemption

Membership Rewards Points redeemable against travel, dining and accessories on the AmEx’s Membership Rewards Redemption portal, and against fabulous 18 and 24 Karat collection.

Joining Fees

Rs. 1,000 (plus applicable taxes)

Product Details

  • Welcome Benefit of 4,000 Bonus Membership Reward Points.
  • 5,000 Bonus Membership Reward Points after first-year card renewal on the realization of the annual fee.
  • 1,000 Bonus Membership Rewards Points on completing 6 transactions of Rs. 1,000 or above in a month.
  • 1 Membership Reward Point per Rs. 50 spent using the card, except spends on insurance and cash transactions.
  •  5X Membership Reward Points on all purchases through the Reward Multiplier portal.
  • 10% off on domestic and international flight bookings with Vistara.
  • Discounts in partnership with some of the most premium hotel chains.
  • Up to 25% off on orders from The Oberoi Gurgaon, The Leela, The Lodhi, and many other premium partners. Up to 20% discount on dining bills at many other select restaurants.
  • Option to pay the card membership fee monthly (Rs. 375/month).
  • No pre-set credit limit.
  • Fuel surcharge waiver at HPCL fuel stations.

See additional details for American Express Gold Card

Welcome Benefits

10,000 Membership Rewards Points

Rewards Rate

2 Membership Rewards Points for every Rs. 100 spent.

Best Suited For

Travel |

Movie & Dining

Up to 20% discount at select restaurants.

Reward Redemption

Membership Rewards Points can be redeemed for online shopping vouchers, INSTA rewards for offline purchases, transfer to various flight and hotels loyalty programmes and for making credit card bill payments under the Cash + Points scheme.

Joining Fees

Rs. 3,500 (plus applicable taxes)

Product Details

  • Welcome Gift of 10,000 Membership Rewards Points.
  • 2 Membership Rewards Point for every Rs. 100 spent.
  • Rewards Points based Milestone benefits on reaching milestones like expenditure of Rs. 1.9 lac / 4 lac in a membership year.
  • Complimentary Taj Stay voucher on expenditure of Rs. 4 lac in a membership year.
  • 8 domestic airport lounge access every year (max 2 per quarter).
  • 10% cashback on OnePlus devices.
  • 0% convenience fee at all HPCL fuel stations across India.

Welcome Benefits

Welcome benefit of 4,000 Bonus Membership Reward Points can be availed on payment of joining fee of Rs 1,000 and spending of Rs 15,000 within the first 90 days of the card issuance.

Rewards Rate

1 membership reward point for every Rs 50 spent excluding fuel transactions, Utility bill payments, insurance, and cash transactions

Best Suited For

Shopping |

Movie & Dining

Get special dining discounts up to 20% off using your American Express Reward credit card at select restaurants

Reward Redemption

You can redeem the membership reward points accrued with American Express 18 and 24 Karat Gold Collection

Joining Fees

Rs 1,000 (plus applicable taxes)

Product Details

  • Welcome benefit of 4,000 Bonus Membership Reward Points
  • 1 Membership Reward Point for every Rs 50 spent
  • 2X Membership Rewards on all spends through Rewards Multiplier portal.
  • 1,000 Membership Reward Points on the spending of Rs 20,000 in a calendar month
  • 5,000 Membership Reward Points on paying the 1st-year renewal fee of Rs 4,500
  • A spend-based waiver on a renewal fee
  • 1% fuel surcharge waiver at all HPCL fuel stations
  • Get special dining discounts up to 20% off

Welcome Benefits

Cashback of Rs. 500 on spends of Rs. 10,000 within 90 days of card issuance.

Rewards Rate

1 Membership Reward Point/Rs. 50 spent (with a few exceptions), accelerated Reward Points on Amazon and Flipkart (10X), Uber (10X) and on other merchants like Paytm, Swiggy, PVR, etc (5%).

Best Suited For

Shopping |

Movie & Dining

5X Membership Rewards Points on spends on BookMyShow and PVR Cinemas.

Reward Redemption

Membership Rewards Points redeemable for online shopping vouchers, INSTA rewards for offline purchases, transferable to various flight and hotels loyalty programmes and for making credit card bill payments under the Cash + Points scheme.

Joining Fees

Rs. 495 (plus applicable taxes)

Product Details

  • Rs. 500 cashback on eligible spends of Rs. 10,000 within 90 days of card issuance.
  • 1 Membership Rewards point for every Rs. 50 spent with the card (except spends on insurance, fuel, utilities, cash transactions and EMI conversions)
  • 10X accelerated Membership Rewards Points on Amazon, Flipkart and Uber.
  • 5X Membership Rewards Points on every Rs. 50 spent on Swiggy, Paytm Wallet, PVR Cinemas, BookMyShow, Myntra, Big Bazaar, Grofers and many other partner merchants.
  • Renewal fee waived on the expenditure of Rs. 40,000 or above in the previous year.
  • Fuel surcharge waived at HPCL stations for transactions of up to Rs. 5,000. 1% fuel surcharge applicable on transactions >Rs. 5,000.

See additional details for American Express SmartEarn Credit Card

Top 6 American Express Credit Cards:

American Express Platinum Credit Card:

American Express Platinum credit card is the most premium card by American Express. It is a Charge card, therefore there is no preset credit limit. The card comes with a hefty annual membership fee of Rs. 60,000 and earns you-

  • 1 Membership Rewards Point per Rs. 40 spent using the card.
  • 3X Membership Rewards Points on all spends outside India.
  • 5X Membership Rewards Points on purchasing from the Rewards Multiplier portal.

Being a premium card, it comes bundled with a plethora of travel, movie, dining and insurance benefits including unlimited complimentary domestic and international airport lounge access, discounts offers on movie tickets and at partner restaurants, personal air accident cover worth Rs. 5 crore, etc.

American Express Gold Credit Card:

It is another Charge card offered by American Express. This card gives to the choice to choose between the annual and the monthly membership plan. The membership fee of the Gold Card is Rs. 4,500 per annum or Rs. 375 per month, depending upon the plan you choose. The reward points benefits that you get with this card are as follows-

  • 1 Reward Point for every Rs. 50 spent using the card.
  • No reward points earned on insurance premium payments and on cash transactions.
  • You also earn 1 Membership Rewards Points for every Rs. 50 spent on utilities and fuel, but the Points are capped at 10,000 and 5,000 Points respectively for the two categories.
  • You earn 5X Membership Rewards Points on every purchase through the Rewards Multiplier portal.

Apart from this, you also get many other premium privileges including travel benefits, movie and dining benefits, golf benefits, etc with this card.

American Express Platinum Reserve Credit Card:

The Platinum Reserve card is another premium offering by American Express. The membership fee of this card is Rs. 10,000 per annum (joining fee of Rs. 5,000) and it comes with a welcome gift of 11,000 Bonus Membership Rewards Points. The card earns you a flat 1 Membership Rewards Point per Rs. 50 spent using the card (except on fuel purchases and spends on utilities, insurance and EMI transactions). Apart from the Membership Rewards Points, you get a plethora of other premium benefits including a 24×7 concierge service, golf privileges, complimentary domestic and international lounge access, personal air accident cover worth Rs. 1 crore, etc.

American Express Platinum Travel Credit Card:

As the name suggests, it is a premium travel credit card by American Express. This card earns you 1 Membership Rewards Point per Rs. 50 spent using the card and comes with a plethora of benefits including (limited) complimentary domestic airport lounge access, Priority Pass membership, discount on movie tickets and dining benefits. Since it is a travel card, you get a Taj Stay voucher worth Rs. 10,000 as a special travel benefit on spending Rs. 4 lacs in the card’s membership year.

American Express Membership Rewards Credit Card:

It is a mid-level credit card by American Express and offers you a decent reward rate. The card comes with a  welcome gift of 4,000 Membership Rewards points; you earn 1 Membership Rewards Points per Rs. 50 spent using the card. Apart from this you also get many milestone benefits and other benefits like zero liability protection, fuel surcharge waiver, etc.

American Express SmartEarn Credit Card:

The SmartEarn card is an entry-level shopping credit card by American Express. It comes with a nominal membership fee of Rs. 495 per annum and you get Rs. 500 cashback as a Welcome Benefit on eligible spends of Rs. 10,000 in the first 90 days of the card membership. Apart from this, you get the following Reward Points benefits with this card-

  • 1 Membership Reward Point on every Rs. 50 spent using the card with the exception of spends on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at POS.
  • 10X Membership Rewards Points on Amazon and Flipkart (maximum 500 Points per month at the accelerated rate on Amazon and Flipkart combined).
  • 10X Membership Rewards Points on Uber rides (max cap of 500 Points each month).
  • 5X Membership Rewards Points on Paytm wallet uploads, Swiggy, BookMyShow, Big Bazaar, PVR, Myntra and many other merchants (max 250 Points/month at this rate).
  • You can earn a maximum of 1,250 Membership Rewards Points in a month at accelerated rate if you spend Rs. 2,500 on Amazon and Flipkart combined (500 Membership Rewards Points), Rs. 2,500 on Uber rides (500 Membership Rewards Points) and Rs. 2500 on 5X partner merchants like Paytm, Swiggy, etc (250 Membership Rewards Points).

Reward Points and Cashback Benefits:

You earn Reward Points on American Express credit cards as Membership Reward Points. The following table summarizes the reward point / cashback benefit that you get with the aforementioned credit cards-

Credit Card Reward Points / Cashback
American Express Platinum Credit Card 1 Membership Rewards Point on every Rs. 40 spent using the card.
3X Points on all expenditures abroad.
American Express Gold Credit Card 1 Membership Rewards Point for every Rs. 50 spent with the card.
American Express Platinum Reserve Credit Card 1 Membership Reward Point for every Rs. 50 spent with the card.
American Express Platinum Travel Credit Card 1 Membership Rewards Point for every Rs. 50 spent using the card.
American Express Membership Rewards Credit Card 1 membership reward point for every Rs 50 spent excluding fuel transactions,
Utility bill payments, insurance, and cash transactions
American Express SmartEarn Credit Card 1 Membership Reward Point/Rs. 50 spent (with a few exceptions),
accelerated Reward Points on Amazon and Flipkart (10X), Uber (10X) and
on other merchants like Paytm, Swiggy, PVR, etc (5%).

Reward Multiplier:

Reward Multiplier is American Express’s proprietary portal on which you earn Membership Reward Points at an accelerated (2X to 5X) rate. You can purchase shopping vouchers from popular brands like Amazon, Flipkart, Myntra, etc; you can also buy products from third-party merchants including Apple, Lenovo, OnePlus, etc (you are redirected to the merchant’s page from the Reward Multiplier page when you click on the link). When you shop via Reward Multiplier, you earn-

  • 5X Membership Rewards Points on American Express Platinum and Gold credit cards.
  • 3X Membership Rewards Points of American Express Platinum Reserve and Platinum Travel credit card.
  • 2X Membership Rewards Points on American Express Membership Rewards and SmartEarn credit cards.

As a limited period offer, you can earn 15 Membership Rewards Points per Rs. 100 spent with American Express credit cards. More about this offer here.

Complimentary Airport Lounge Access:

The table below summarizes the complimentary domestic and international lounge visits you get with the aforementioned American Express credit cards-

Credit Card Domestic Airport Lounge Access International Airport Lounge Access
American Express Platinum Credit Card Unlimited Unlimited
American Express Gold Credit Card None None
American Express Platinum Reserve Credit Card 12 every year (max 3 per quarter) None
American Express Platinum Travel Credit Card 4 every year (max 1 per quarter) Complimentary Priority Pass membership (lounge visits chargeable)
American Express Membership Rewards Credit Card None None
American Express SmartEarn Credit Card None None

Credit Card Membership Fee:

The membership fee of the aforementioned AmEx credit cards is as per the table below-

Credit Card Joining Fee Renewal Fee Spends Based Waiver
American Express Platinum Credit Card Rs. 60,000 Rs. 60,000 None
American Express Gold Credit Card Rs. 1,000 Rs. 4,500 None
American Express Platinum Reserve Credit Card Rs. 5,000 Rs. 10,000 None
American Express Platinum Travel Credit Card Rs. 3,500 Rs. 5,000 None
American Express Membership Rewards Credit Card Rs. 1,000 Rs. 4,500 50% renewal fee waiver on annual spends between Rs. 90,000 and Rs. 1,49,999.
100% renewal fee waiver on annual spends Rs. 1,50,000 and above.
American Express SmartEarn Credit Card Rs, 495 Rs. 495 Annual fee waived on spends of Rs. 50,000 in the previous year.

Eligibility Criteria:

To be eligible for any of the American Express credit cards, firstly, you must above 18 years of age and a resident of one of the following cities- Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh/Tricity, Ahmedabad, Surat, Vadodra, Bhopal, Bhubaneshwar, Ernakulam, Vijaywada, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum , Mysuru , Cuttack & Vizag.

The income requirement for the various AmEx cards is as per the table below-

Credit Card Minumim income for salaried applicants Minimum income for self-employed applicants
American Express Platinum Credit Card Rs. 25,00,000 per annum Rs. 15,00,000 per annum and the company must have been trading at least for the last 12 months.
American Express Gold Credit Card Rs. 6,00,000 per annum Rs. 6,00,000 per annum and the company must have been trading at least for the last 12 months.
American Express Platinum Reserve Credit Card Rs. 6,00,000 per annum Rs. 6,00,000 per annum and the company must have been trading at least for the last 12 months.
American Express Platinum Travel Credit Card Rs. 6,00,000 per annum Rs. 6,00,000 per annum and the company must have been trading at least for the last 12 months.
American Express Membership Rewards Credit Card Rs. 6,00,000 per annum Rs. 6,00,000 per annum and the company must have been trading at least for the last 12 months.
American Express SmartEarn Credit Card Rs. 4,50,000 per annum Rs. 6,00,000 per annum and the company must have been trading at least for the last 12 months.

Documents Required:

The bank requires an identity proof, an address proof and a proof of income to process your credit card application. The following table illustrates the documents accepted as identity proof, address proof and proof of your income.

Identity Proof Address Proof Proof of Income
  • Voter Card
  • Aadhar Card
  • Driving License
  • PAN Card
  • Passport
  • Aadhar card
  • Passport
  • Utility Bills
  • Audited ITR Acknowledgement
  • Salary Slips

How to apply for American Express Credit Cards:

To apply for the American Express credit cards-

  • Go to the credit cards homepage on the AmEx website.
  • Choose the credit card you want to apply for.
  • Click/tap on the “Apply Online” option.
  • You’ll need to submit the aforementioned documents to complete your application.
  • Once your application is submitted, the American Express officials will evaluate your application, and if approved, the card will be mailed to you at your address.
Credit Card Customer Care Number
American Express Platinum Credit Card 1800 419 1255
1800 180 1255
0124-2801444
0124-4650244
American Express Gold Credit Card 1800 419 2122
0124-2801122
American Express Platinum Reserve Credit Card 1800 180 1030
1800 419 1030
0124-280-1030
American Express Platinum Travel Credit Card 1800 419 2122
0124-2801122
American Express Membership Rewards Credit Card 1800 419 0167
0124-280 1418
American Express SmartEarn Credit Card 1800 180 1249
1800 180 1249

FAQs:

Reward Multiplier is American Express’s portal where you can buy shopping vouchers from popular brands like Amazon, Flipkart, etc. You can also shop for products and gadgets from third party merchants’ websites. Once you select a particular merchant on the Reward Multiplier, you are redirected to the the merchant’s website.

You earn 5X Membership Rewards Points on American Express Platinum and Gold credit cards, 3X Membership Rewards Points of American Express Platinum Reserve and Platinum Travel credit cards and 2X Membership Rewards Points on American Express Memberhip Rewards and SmartEarn credit cards. You can earn a maximum of 25K Bonus Membership Rewards Points via Reward Multiplier.

American Express Membership Reward Points never expire.

American Express credit cards are available only in Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh/Tricity, Ahmedabad, Surat, Vadodra, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum and Mysuru subject to conditions.

You can redeem the Membership Rewards Points on various categories of spends including travel, travel, electronics, INSTA Vouchers, etc. YOu can also use the Membership Rewards Points to pay your card bill under the Pay with Points program.

No, American Express is currently not onboarding new customers owing to the temporary moratorium imposed by RBI.

American Express has a dedicated helpline for each o their credit cards. The helpline numbers for the various AmEx cards are listed below. In case you need any assistance or to report the loss of card, you may contact the following helpline numbers.

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