By Rajat Gaur
Updated On September 28, 2021

The Platinum card is a flagship offering by American Express. It is a top-end credit card and comes with a host of travel benefits that make your life easier while traveling and gives you access to special discounts at the leading hotel chains, airlines, and many other privileges including unlimited complimentary domestic and international airport lounge access. It is one of the two Charge Cards that American Express is currently offering. Apart from the travel benefits, one of the unique features of this card is that it has no preset credit limit. You also get fast-track upgrades to higher tiers on some of the most premium hotel loyalty programs, and in case you need any assistance planning your trip, AmEx 24×7 concierge service is always there at your rescue.

Best Suited For

Travel | Shopping |

Joining Fee

Rs. 60,000 (plus applicable taxes)

Reward Type

Reward Points |

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.

Rewards and Benefits

Welcome Benefits

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

Movie & Dining

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

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.

Reward Redemption

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

Travel

Access to over 1,200 airport lounges across over 130 countries, 24×7 global Platinum Concierge Service, travel-related insurance benefits including a life cover of Rs. 5 crores.

Golf

N/A

Domestic Lounge Access

Unlimited access to domestic partner lounges in India.

International Lounge Access

Access to over 1,200 Airport Lounges globally including American Express Lounges, Priority Pass Lounges and Delta Lounges.

Insurance Benefits

Personal air accident cover worth Rs. 5 crore, cover of Rs. 50,000 for loss of check-in Baggage/ passport/ document, overseas medical insurance of USD 50,000 for the first 7 days of the trip.

Zero Liability Protection

Cardholder not liable for any fraudulent transaction if loss of card is reported within 3 working days. Maximum liability of up to Rs. 1,000 on reporting after 3 days.

Fees & Charges

Joining Fee

Rs. 60,000 (plus applicable taxes)

Renewal Fee

Rs. 60,000 (plus applicable taxes)

Spend based Waiver

N/A

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.5% per month

Fuel Surcharge

Waived at HPCL fuel stations for transactions up to Rs. 5,000, 1% surcharge on BPCL and IOCL stations and 2.5% surcharge at all other fuel stations.

Cash Advance Charge

3.5% of the advanced amount subject to a minimum charge of Rs. 250.

Add-on Card Fee

Nil up to 2 add-on cards

American Express Platinum Card Welcome Benefits:

You will be eligible for 1,00,000 bonus Membership Rewards Points or stay vouchers from Taj, SeleQtions, and Vivanta Hotels worth Rs. 45,000 if you spend Rs. 50,000 in the first two months of card issuance.

Rewards:

  • 1 Membership Rewards Point for every Rs. 40 spent using the card.
  • 3X Membership Rewards Points on all spends outside India.
  • 5X Membership Rewards Points on purchasing from the Reward Multiplier portal.
  • 1 Membership Reward Point on every Rs. 100 spent on fuel, and 4 additional Membership Reward Points on every Rs. 100 spent on fuel with a maximum cap of 5,000 membership Rewards per month.
  • You don’t earn any reward points on utility bill payments and spends on insurance categories.

Reward Redemption:

  • The Membership Rewards Points redeemable on popular e-commerce websites (like Flipkart), by purchasing e-vouchers from Amex’s online shopping portal, INSTA purchases at offline stores, and also to make credit card bill payments under the Cash + Points program.
  • The Membership Rewards Points are transferable to other AirMiles and hotel loyalty programs like Asia Miles, British Airways Executive Club, Club Vistara, Emirates, Skywards, Etihad Guest, Finnair Plus, InterMiles, Qatar Privilege Club, Singapore KrisFlyer, Virgin Points, Marriott Bonovoy, and Hilton Honors.

Movie and Dining Benefits:

  • Up to 50% discount on the dining bills at over 1800 premium restaurants across India.
  • Preferential reservation, complimentary drinks, and a 24×7 VIP helpline.

Travel Benefits:

  • Unlimited domestic lounge access to partner lounges in India.
  • Access to over 1,200 plus airport lounges globally including Centurion Lounges, American Express Lounges, Priority Pass Lounges, Escape Lounges, Delta Sky Club Lounges.
  • Fast track upgrade to higher tier membership at leading hotel loyalty programs around the world including Taj InnerCircle Silver Tier, Marriott Bonvoy Gold Elite Status, Hertz Gold Plus Rewards, Radisson Rewards Gold Status, and Hilton Honors Gold Status without having to fulfill the usually required criteria.
  • 25% off at Taj, SeleQtions, and Vivanta Hotels.
  • Exclusive deals on some of the world’s finest airlines like Emirates, Qatar Airways, Virgin Atlantic, British Airways, Air France, KLM, Delta Airlines, and many others.
  • Complimentary benefits worth Rs. 37,000 at 5-star hotels including guaranteed 4 PM late check-out, room upgrades at check-in (if available), daily breakfast for two, WiFi, or a special amenity at each property worth USD 100.
  • 24×7 global concierge service for assistance regarding hotel/flight bookings.
  • Travel-related insurance benefits including a life cover worth Rs. 5 crores.
  • Pre or post-departure fine dining up to USD 100 per person on overnight Platinum Luxury Rail Journeys in Europe.

Fuel Surcharge Waiver:

  • No fuel surcharge at HPCL fuel stations for transactions up to Rs. 5,000 (1% surcharge applicable thereafter).
  • 1% fuel surcharge at BPCL and IOCL fuel stations (subject to a minimum surcharge of Rs. 10).
  • 2.5% surcharge at all other fuel stations (subject to a minimum surcharge of Rs. 10).

Insurance Benefits:

  • Travel related insurance benefits as under-
Catagory Insurance Cover
Personal air accident (loss of life) Rs. 5 crore
Loss of check-in baggage, passport, documents Rs. 50,000
Overseas medical insurance USD 50,000
  • Protection against loss, or damage of tangible goods within 90 days of purchase, due to fire, burglary, or natural calamities.
  • Wallet protection including fraud protection worth Rs. 15 Lacs
  • Emergency Hotel and Travel Assistance up to Rs. 2 Lacs and emergency cash in India.

Zero Liability Protection:

Cardmember shall not be liable for any fraudulent transaction if loss of the card is reported within 3 working days, otherwise, the liability of the cardmember is limited to Rs. 1,000.

American Express Platinum Card Eligibility:

To be eligible for the American Express Platinum credit card:

  • Your age must be 18 years or above.
  • Salaried applicants must have a minimum annual income of Rs. 25,00,000 and self-employed applicants must have a minimum annual income of Rs. 15,00,000 (and their company must have been trading for at least 12 months).
  • You must be a resident of any 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.

How to apply:

You can apply for the American Express Platinum credit card online on their official website. All you need to do is select the Platinum card from the list of cards and fill a form with your personal and financial details, and submit the same online. You will also have to submit identity proof, address proof, and proof of income to verify the details entered by you. If your application is approved, your card will be mailed to you at your address.

Customer Care:

American Express has a dedicated customer care helpline for its Platinum cardholders. You may dial 1800 419 1255 (toll-free), 1800 180 1255, 0124-2801444, or 0124-4650244 in case you need any assistance or to report the loss of a card.

Conclusion:

American Express Platinum card is one of the super-premium or rather luxury credit cards in the Indian market. With a high annual fee of Rs. 60,000, it is in direct competition with the Axis bank’s Burgundy Private credit card, both in terms of benefits and annual fee. The Platinum Card is a perfect fit for frequent travelers who don’t want to compromise with their premium travel needs as it rewards you with discounts at some of the most high-end properties in India and abroad and unlimited complimentary lounge access worldwide under both Amex’s native and third-party lounge access programs like Priority Pass, Delta Sky Club Lounges, Escape Lounges, etc. You also get a fast-track upgrade to higher-tiers of some of the premium hotel loyalty programs. Apart from the benefits that it offers, what makes this card stand out is the brand value of American Express and the metallic build of the card that gives you an unmatched premium feel. What’s your opinion of this card? Do let us know in the comments.

FAQs:

Charge cards is American Express’ category of super premium credit cards. Currently, American Express offers only 2 charge cards – the Platinum card and the Platinum Gold card. These cards have no preset credit limit and offer a host of premium benefits.

Yes, you get 1 Membership Rewards Point per Rs. 100 spent on fuel purchases. Under a special offer, AmEx is offering 4 bonus Points per Rs. 100 (i.e. total 4+1 = 5 Points) on every Rs. 100 spent on fuel purchases. The max cap on the bonus Reward Points is 5,000 Points per calendar month.

Yes, for transactions of up to Rs. 5,000 you need not even enter the PIN.

No, Americh Express Platinum credit card can be issued only to the residents of 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 Membership Rewards Points do not expire.

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