American Express Credit Cards Forex Markup Charges

The American Express Platinum credit card is a super-premium card and the flagship offering by the card issuer. The card has a very high joining fee of Rs. 60,000 but is packed with luxury travel benefits including exclusive offers at leading airlines, and hotel chains. Also, it is one of two Charge cards by American Express that do not have a preset card limit. With this premium card, you get upgrade to many premium hotel loyalty program high tiers and can use their 24*7 concierge service. The forex markup fee charged by the Platinum credit card is 3.5%.

• Rs. 45000 worth welcome gift vouchers
• 1 MR point per Rs. 40 spent, with a few exclusions
• Up to 5 MR points per Rs. 100 spent on fuel
• 3x MR points on foreign spends and 5x MR points on the Amex Reward Multiplier
• No preset credit card limit
• 24*7 concierge service
• Travel insurance benefits including a air accident death insurance
• Complimentary EazyDiner Prime membership and up to 50% discount at premium restaurants across India
• Access to more than 1200 airport lounges that include Centurion, American Express, and Priority Pass Lounges
• Forex markup fee of 3.5% of the transaction amount

The American Express Platinum Reserve credit card is another premium offering by the issuer, that is just behind the Platinum credit card. The card has a joining fee of Rs. 5,000 and a renewal fee of Rs. 10,000 second year onwards. The card offers membership to many luxury hotel loyalty programs along with exclusive dining, movie, and golf benefits. Moreover, the card has a decent reward rate and you can redeem your points against a host of products/vouchers. The forex markup fee charged by the Platinum Reserve credit card is 3.5%.

• Bonus 11,000 MR points as a welcome benefit
• 1 MR point per Rs. 50 spent, with a few exclusions
• BookMyShow, Flipkart, and other brand vouchers as a monthly milestone benefit
• Complimentary Priority Pass membership and domestic airport lounge access
• Complimentary Taj Epicure InnerCircle membership
• 2 complimentary golf rounds per month
• Complimentary EazyDiner Prime membership
• 24*7 Amex concierge service
• Travel insurance benefits including air accident insurance cover
• Forex markup fee of 3.5% of the transaction amount

The second charge card by American Express offered in India, the Gold credit card also does not have a preset card limit. You can enjoy a flexible credit limit that changes based on your spending habits. The card is packed with a plethora of features including great dining and travel benefits. You can even enjoy the exciting discounts and offers catalog of the Gold credit card. Also, the card has a decent reward rate on almost every spend category and it charges a forex markup fee of 3.5%.

• Bonus 4000 MR points as a welcome benefit
• Bonus 5000 MR points on first year card renewal
• Bonus 1000 MR points on 6 transactions of Rs. 1000 or more in a month
• 1 MR point per Rs. 50 spent with the card
• 5x MR points on Reward Multiplier purchases
• Exclusive discounts at premium hotel chains
• Up to 25% discount on orders at the The Leela, The Oberoi Gurgaon, The Lodhi and up to 20% discount at select restaurants
• No preset credit card limit
• Forex markup fee of 3.5% of the transaction amount

As the name suggests, the American Express Platinum Travel credit card is a travel-based offering by the card issuer and is a premium card packed with privileges. The card has a joining fee of Rs. 3500 and charges Rs. 5000 for renewal in the second year onwards. You get great welcome benefits with the card and decent reward points which can be redeemed against flight/hotel tickets or against products and vouchers. The forex markup fee charged by this credit card is 3.5%.

• 10,000 MR points as a welcome benefit
• 2 MR points per Rs. 100 spent with the card
• Reward points as milestone benefits on reaching spend milestones of Rs. 1.9 Lakhs and Rs. 4 Lakhs during the card anniversary year
• Complimentary Taj Hotel Stay voucher on spending Rs. 4 Lakhs or more in the card anniversary year
• 8 complimentary domestic lounge access every year, maximum 2 per quarter
• 0% convenience fee at HPCL fuel outlets across the country
• Forex markup fee of 3.5% of the transaction amount

The American Express Membership Rewards credit card is another great offering by the popular card issuer and provides great privileges and benefits to the cardholders on almost every spend. The joining fee of the card is Rs. 1000 and it charges Rs. 4500 as renewal fee from the second year onwards. The card has a nice reward rate and you can earn bonus MR points on making transactions worth Rs. 1500 or more 4 times. Other privileges of this credit card include monthly milestone benefits, insurance, entertainment benefits, and more. The forex markup fee of this card is 3.5%.

• Bonus 4000 MR points as a welcome benefit
• 1 MR point per Rs. 50 spent with the card
• 2x MR points on spends via the Reward Multiplier portal
• Bonus 1000 MR points on spending Rs. 20,000 in a month
• Bonus 5000 MR points on the payment of the Rs. 4500 renewal fee
• Renewal fee waiver on spending Rs. 1,50,000 in the card anniversary year
• 1% fuel surcharge waiver at HPCL fuel outlets across the country
• Exclusive 20% discount on dining at top restaurants
• Forex markup fee of 3.5% of the transaction amount

One of the most affordable credit cards by American Express, the SmartEarn credit card offers Membership Reward points on almost all retail spends with the card and accelerated MR points on your spends at specific websites. Keeping American Express and its standards in mind, we can consider the SmartEarn a beginner credit card that charges a low joining fee of Rs. 495. If you are new to the credit scene or a young professional early in their career, you can get this credit card and enjoy the brand value of American Express. The forex markup fee charged by this card is 3.5%.

• Up to Rs. 500 cashback on spending Rs. 10,000 or more inside 90 days of getting the card
• 1 MR point per Rs. 50 spent with the credit card, with a few exceptions
• 10x MR points on spends at partner merchants like Uber, Amazon, and Flipkart
• 5x MR points per Rs. 50 spent at partner merchants like Paytm Wallet, Swiggy, BookMyShow, Myntra, PVR Cinemas, Grofers, Big Bazaar, and other merchants
• 1% fuel surcharge waiver and renewal fee waiver
• Forex markup fee of 3.5% of the transaction amount