American Express Platinum Corporate Card is a pure premium offering by American Express that is best suited for your business and offers luxurious benefits across travel and hotel stays. It is a superior version of the AmEx Corporate Card. The card has been designed for corporations that incur a lot of travel expenses and have to undertake business from different parts of the world.
It provides a complimentary Taj Epicure membership with world-class offerings and elite privileges at Fine Hotels and Resorts. With the card, corporates get more out of their travel expenses and enjoy the luxurious experience of unlimited access to 1,200+ airport lounges across the globe via the American Express Global Lounge Collection. You can get benefits from the Platinum Airlines Program, including preferential fares, discounted upgrades, and other benefits on the world’s leading airlines.
With the American Express Platinum Corporate Card, you can get Membership Rewards points on all your business expenses. You can get a choice of redemption options like gift vouchers, transferring points to air miles or hotel partners, and much more. You have a chance to get more than 350 gift vouchers from over 175 global brands. Let’s explore more about this Amex platinum offering for the corporates with the detailed review below:
American Express Platinum Corporate Card
Fees
Joining Fee
Renewal Fee
Best Suited For
Travel | Fuel | Shopping | Business Expenses |
Reward Type
Reward Points
Welcome Benefits
Movie & Dining
Get complimentary Epicure membership and enjoy savings with a range of discounts on indulgent stays at iconic hotels, dining at award-winning restaurants and much more.Enjoy elite-level privileges with the world's leading airlines through the Platinum Airlines Program.
Rewards Rate
1 Membership Rewards Point for every Rs. 100 spent on telecommunications, insurance, fuel and other utility services and 1 Membership Rewards Point for every Rs. 40 spent on all other spending.
Reward Redemption
NA
Travel
NA
Golf
NA
Domestic Lounge Access
NA
International Lounge Access
Get unlimited access to 1200+ Airport lounges across the globe with the American Express Global Lounge Collection.
Insurance Benefits
Air accident insurance cover of Rs. 5 Crore and overseas medical insurance cover of $50,000
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.
Spend Based Waiver
NA
Rewards Redemption Fee
Nil
Rewards Redemption Fee
Nil
Foreign Currency Markup
3.5% of the transaction amount
Interest Rates
3.5% of the outstanding, subject to a minimum of Rs. 100 (Delinquency Fee)
Fuel Surcharge
1% (2.5% for private fuel) of transaction amount per transaction subject to a minimum of Rs. 10.
Cash Advance Charges
3.5% of the withdrawal amount
Add-on Card Fee
Nil
- Complimentary membership to Taj Reimagined Epicure membership.
- Complimentary enrolment to the Membership Rewards programme where points never expire.
- 1 Membership Rewards Point for every Rs. 100 spent on purchases of telecommunications, insurance, fuel and other utility services.
- 1 Membership Rewards Point for every Rs. 40 on all other spending.
- Complimentary access to 1200+ lounges under American Express Global Lounge Collection.
- Enjoy benefits with Hertz Gold Plus Rewards membership.
- Enjoy premium services like Platinum Travel Services, Platinum Concierge Services, 24 Hours Platinum Service and much more.
- Zero Lost Card Liability in case you lost your American Express Platinum Corporate Card.
- Get Platinum Protection like Travel Insurance and Overseas Medical Insurance.
American Express Platinum Corporate Card Features and Benefits
The American Express Platinum Corporate Card offers tons of benefits and fine privileges for corporates. It offers them the opportunity 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
Complimentary Taj Epicure Membership
Complimentary Membership to Taj Reimagined 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 of around Rs. 44,300 in value at over 1000 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
Hertz Gold Plus Membership
Hertz Gold Plus Rewards membership, where you can enjoy benefits like discounts, upgrades, and priority service when renting with Hertz like
- 15% discount on Hertz car rental worldwide
- 25% savings on the Hertz Prestige Collection
- Complimentary 1-car class upgrades with every rental
- 4-hour no-charge grace period
Travel Benefits
American Express Global Lounge Collection
- Enjoy unlimited access to 1200 plus 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 get access to preferential fares, priority check-ins, discounted upgrades, and more.
Zero Liability Protection
The Cardmember shall not be liable for any fraudulent transaction if the loss of the card is reported within 3 working days. Otherwise, the liability of the cardmember is limited to Rs. 1,000.
Insurance Benefits
For Travel Insurance and Group Personal Accidents:
Cover | Geographical Scope | Sum Insured |
Common Carrier | World Wide Cover | Rs. 5 Crore |
Accidental Death | World Wide Cover | Rs. 30 Lakh |
Permanent Total Disablement (PTD) | World Wide Cover | Rs. 30 Lakh |
Total loss of checked baggage | Limit to Overseas Cover | USD 1500 |
Delay of checked baggage | Limit to Overseas Cover | USD 750 |
For Overseas Medical Insurance:
Cover | Geographical Scope | Sum Insured |
Emergency Medical Expenses | Limit to Overseas Cover | USD 50,000 |
Daily Allowance in Case of Hospitalization | Limit to Overseas Cover | USD 30 per day up to USD 300 |
Personal Liability | Limit to Overseas Cover | USD 100,000 |
Dental Treatment Expenses | Limit to Overseas Cover | USD 150 |
Read more about the insurance benefits on the American Express website. All the benefits mentioned above are subject to the terms and conditions levied by American Express; read all terms and conditions carefully.
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 Rs. 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 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 Rs. 100 spent on fuel, utility, telecommunication, and insurance bills.
- Get 1 point for every Rs.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 Fees & Charges
- Joining Fee and Annual Fees: There are no Joining Fees charged for the American Express Platinum Corporate Card. The Renewal/Annual fee for the card is Rs. 29,000.
- 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% (plus applicable taxes) of the transaction amount is applicable on all foreign currency transactions made with 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
The American Express Bank has yet to disclose the eligibility criteria for the Platinum Corporate Credit Card. The criteria may depend on various factors, including age, income, credit score, business validity, etc. However, some of the basic requirements for this card are as follows:
- The applicant should be a minimum of 21 years old.
- The applicant should own a business with a stable income.
How to Apply for the American Express Platinum Corporate Card?
You can apply for the AmEx Platinum Corporate Credit Card online as well as offline at your convenience. To apply offline, you can visit your nearest American Express branch with all the required documents and apply for the card by filling out the physical application form. You can also apply online very easily via American Express Bank’s official website. Look for the AmEx Platinum Corporate Credit Card and apply for it by filling out the online application form.
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, with 3.5% on the transaction amount. Apart from that, the card provides Complimentary membership to Taj Reimagined Epicure and also the Hertz Gold Plus Rewards membership. Also, there are many platinum services 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.
1 Comment
We are already using Amex Corporate Green card. Now we would like to understand if we buy Amex Corporate Platinum card, can use your Travel desk call center for booking our Flight & hotel bkgs with discounted rates (in Amex individual Personal Platinum card there is Travel desk, Concierge service which we are using). PLS ADVISE, so that we can take Amex Corporate Platinum card for our company usage).
rgds
m.amudhashree
mobile: 7550274503
Ganges Internationale Pvt ltd