American Express Platinum Charge Card
Rewards & Benefits
Welcome Benefits
Users will receive the welcome gift on completion of INR 50,000 spent on basic card and payment of the annual fee.
Milestone Benefits
Cashback Rate
Customers can get 3X membership reward points on everything, every time they spend abroad. Effective cashback rate: 1.50%.
1 membership rewards point for every ₹100 spent. 1 RP = 0.50 paisa. Effective cashback rate: 0.5%.
Movie Benefits
Dining Benefits
Other Benefits
Also, get protected with emergency services and insurance.; Customers can get exclusive stay benefits up to Rs 44,300.; Customers also get 25% off at Taj, SeleQtions, and Vivanta Hotels.; Customers also get protection against fraud or theft of their Cards, 24x7 across the globe.
Lounge Access
Fees & Charges
Joining Fee
66,000
Annual Fee
66,000
Cash Advance Fee
Cash Advance Fee: 5% of each cash advance, with a minimum of $10
Interest rate
3.50% to 3.99%.
Late Payment Fee
Up to Rs. 1,000 (minimum Rs. 200)
Foreign Currency Transactions Fee
Foreign Transaction Fee: 2.7% of each transaction in a foreign currency
Other Fees
Authorized User Fee: $175 per year for up to 3 additional cards
दोष
High annual fee: The annual fee is $695, which can be a deterrent for some cardholders.
Limited acceptance: American Express is not as widely accepted as Visa or Mastercard, so you may not be able to use your card at all merchants.
Foreign transaction fees: You'll pay a 2.7% foreign transaction fee on all purchases made outside the US.
Not for everyone: The Amex Platinum is best suited for high-spenders who travel frequently and can take advantage of the card's many benefits. If you don't travel often or spend a lot on groceries and gas, you may be better off with a different card.
Welcome Benefit: Users will receive the welcome gift on completion of INR 50,000 spent on basic card and payment of the annual fee.
Reward System: Customers can get 3X membership reward points on everything, every time they spend abroad. Effective cashback rate: 1.50%. 1 membership rewards point for every ₹100 spent. 1 RP = 0.50 paisa. Effective cashback rate: 0.5%.
Customers can access best-in-class airport lounges like The Centurion Lounges, Delta & Priority Pass lounges.
Customers can get exclusive stay benefits up to INR 44,300.
Customers also get 25% off at Taj, SeleQtions, and Vivanta Hotels.
Customers also get protection against fraud or theft of their Cards, 24x7 across the globe.
पक्ष विपक्ष
Welcome Benefits
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पुरस्कार प्रणाली
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अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप
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स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण
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Eligibility Criteria
The applicant must be over 18 years of age.
If self-employed, the applicant’s company must have been trading for more than 12 months.
The applicant must have a good credit history and no payment defaults.
The applicant must have a current residential address in India.
The applicant must have an Indian or multinational bank’s savings or current account in India
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
The American Express Platinum Charge Card has an annual fee of $695.
To apply, you must be at least 18 years old and have a good credit history. You can apply online or by phone.
The application process is relatively simple. You will need to provide your basic personal information, income, and employment information.
American Express will review your application and let you know if you are approved within a few days.
सम्पर्क करने का विवरण
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Welcome Benefit: Users will receive the welcome gift on completion of INR 50,000 spent on basic card and payment of the annual fee.
Reward System: Customers can get 3X membership reward points on everything, every time they spend abroad. Effective cashback rate: 1.50%. 1 membership rewards point for every ₹100 spent. 1 RP = 0.50 paisa. Effective cashback rate: 0.5%.
Customers can access best-in-class airport lounges like The Centurion Lounges, Delta & Priority Pass lounges.
Customers can get exclusive stay benefits up to INR 44,300.
Customers also get 25% off at Taj, SeleQtions, and Vivanta Hotels.
Customers also get protection against fraud or theft of their Cards, 24x7 across the globe.
High annual fee: The annual fee is $695, which can be a deterrent for some cardholders.
Limited acceptance: American Express is not as widely accepted as Visa or Mastercard, so you may not be able to use your card at all merchants.
Foreign transaction fees: You'll pay a 2.7% foreign transaction fee on all purchases made outside the US.
Not for everyone: The Amex Platinum is best suited for high-spenders who travel frequently and can take advantage of the card's many benefits. If you don't travel often or spend a lot on groceries and gas, you may be better off with a different card.
The American Express Platinum Charge Card is a powerful tool for high-spending travelers and luxury enthusiasts who appreciate exclusive access, superior service, and travel rewards. However, its hefty annual fee and niche appeal require careful consideration. Ensure you can fully utilize the benefits to offset the cost and align your spending habits with its strengths before applying.
The American Express Platinum Charge Card is a powerful tool for high-spending travelers and luxury enthusiasts who appreciate exclusive access, superior service, and travel rewards. However, its hefty annual fee and niche appeal require careful consideration. Ensure you can fully utilize the benefits to offset the cost and align your spending habits with its strengths before applying.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
उत्पाद समीक्षा
फीस एवं प्रभार
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ईंधन अधिशुक्ल
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Billing Cycle
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