American Express Platinum Corporate Card

AmEx Platinum Corporate Card Membership Rewards

With the American Express Platinum Corporate Card, enjoy one of the best reward rates with the American Express Membership Rewards Programme.

• Get 1 Point for every ₹100 spent on fuel, utility, wholesale spends, telecommunication, and insurance bills.
• Get 1 point for every ₹40 spent on all other spending.

Reward Redemption

The Membership Rewards program offers great rewards with no expiration dates, which means you can redeem them and use them whenever you want. The card offers tons of redemption options like:

• For vouchers, you can choose from a wide selection of shopping categories and redeem your points for e-vouchers.
• Transfer Partners, where you can transfer your reward points to leading airline and hotel loyalty programs.
• Cover Charges, where you can use your points against any eligible charges on your card.
• Pay with Points, where you can use your reward points to pay for anything you buy online or in-store.
• Book Travel, where you can redeem your points to book flight tickets and hotels on American Express Travel Online.

American Express Platinum Corporate Card Features and Benefits

The American Express Platinum Corporate Card offers tons of benefits and fine privileges for corporates. It allows them to get more out of their travel experience and enjoy the fine benefits across travel, dining, and much more. Let’s understand more about this card:

Welcome Benefits

You can choose any one of the following as a welcome benefit. This is only available for the first year after paying joining fees.

• Taj Vouchers Worth ₹35,000
• Amazon Vouchers Worth ₹30,000
• MMT Vouchers Worth ₹30,000

Complimentary Memberships

Complimentary Taj Epicure Membership

Complimentary Membership to Taj Epicure, where you enjoy savings with a range of discounts and benefits like:

• 25% discount  at participating restaurants, bars, and patisseries for up to 10 people
• 20% discount on food and beverages at banquets for up to 30 people
• 20% discount on spa and salon services at Jiva Spas
• 20% discount on Qmin for food deliveries.
• Get 3 discount vouchers for 20% off on the Best Available Rate for a Room/Suite Stay at participating Taj properties.

Fine Hotels and Resorts Privileges

Enjoy competitive rates and complimentary benefits at Fine Hotels and Resorts, worth around ₹44,300, at over 1,000 extraordinary properties worldwide.

• Noon check-in when available
• Room upgrade upon arrival, when available
• Daily breakfast for 2 people
• In-room Wi-fi exclusions apply
• Guaranteed 4 pm checkout
• Unique amenities like a 1-way private sedan transfer or a $100 food or beverage credit

Marriott Bonvoy Gold Elite Status

You will be eligible for the Marriott Bonvoy Gold Elite Status with the Amex Corporate Platinum Card. Earn 25% more points on every eligible hotel purchase, including the room rate and incidentals such as dining and spa services charged to your room. Enjoy a late checkout time of up to 2 p.m. (subject to availability), allowing you more time to relax and enjoy your stay. Benefit from an enhanced room upgrade upon arrival, subject to availability.

Travel Benefits

American Express Global Lounge Collection

• Enjoy unlimited access to 1400+ Airport lounges across the globe with the American Express Global Lounge Collection, which includes The Centurion Lounges, Escape Lounges, Priority Pass Lounges, Delta Sky Club Lounges, Lufthansa Lounges and Domestic Partner Lounges in India.
• Unlimited lounge access for your accompanied guests (charged at US $32 per guest per visit).

Platinum Airlines Program

With the Platinum Airlines program, you can travel aboard some of the world’s leading airlines and get special perks. With the Platinum Airlines Program, you can access preferential fares, priority check-ins, discounted upgrades, and more.

Spend Based Benefits

• Book international flights and hotels worth ₹2,00,000 through MMT Biz in a single day, and you unlock MakeMyTrip vouchers worth ₹15,000. This offer allows you to make the most of your travel budget and enjoy added perks and savings on future trips.
• Earn vouchers worth ₹10,000 on annual spends of ₹30 lakhs from Flipkart, MakeMyTrip, Yatra, or ITC.

Insurance Benefits

For Travel Insurance and Group Personal Accidents:

For Overseas Medical Insurance:

Platinum Care Services

With the American Express Platinum Corporate Card, Enjoy Platinum Concierge Services anytime, anywhere, especially when you are traveling.

• 24-hour Platinum Service – Exclusive 24×7 toll-free Platinum Card services helpline that you can access from anywhere in the world.
• Platinum Protection – Unmatched protection from traveling hazards like loss or delay of check-in baggage, protection from life uncertainties, air accident insurance cover worth ₹5 Crore, and overseas medical insurance cover up to $50,000.
• Platinum Travel Services – We offer dedicated travel services that take care of every detail of your business, including international and domestic airline, hotel, and car rental bookings.
• Global Assist – A special service that offers assistance in case of medical or legal emergencies while traveling. The service is available 24 hours a day, virtually anywhere in the world, for 90 days. Call 022-42320245 to contact Global Assist from outside India.

American Express Platinum Corporate Card Fees & Charges

• Joining Fee and Annual Fees: The American Express Platinum Corporate Card does not charge joining fees. The Renewal/Annual fee is ₹40,000.
• Late Payment Fee: American Express Platinum Corporate Card is a charge card and therefore, a delinquency fee of 3.5% of the outstanding, subject to a minimum of ₹100 of a transaction, is applicable.
• Forex Mark-up Fee: A foreign currency fee of 3.5% + GST of the transaction amount applies to all foreign currency transactions made with the American Express Platinum Corporate Card.
• Cash Advance Charges: A charge of 3.5% of the amount withdrawn is applicable on the cash advance transactions made on the American Express Platinum Corporate Card.

American Express Platinum Corporate Card Eligibility Criteria

To be eligible for the AmEx Platinum Corporate Card, your company should have an annual revenue of more than ₹2.75 crore and be operational in one of the listed cities. Additionally, you must be a key decision-maker within your company.

Conclusion

The American Express Platinum Corporate Card is a great deal for corporates who incur a lot of travel expenses to do business from any corner of the world and want to get more out of the same, as the card offers a great way and opportunity to get Rewards on every business transaction you do. The card provides luxurious travel benefits like unlimited international lounge access and platinum travel services for all your travel needs.

However, even after providing so many luxurious travel benefits, the foreign currency transaction fees on the card are still high, at 3.5% of the transaction amount. Apart from that, the card provides free vouchers from popular brands. Also, many platinum services are offered with the card to solve any problem or hassle the cardholder may face.

Let us know in the comments what your review is about this offering by American Express.