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American Express Platinum Charge Card

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उत्पाद विवरण
क्रेडिट कार्ड का नाम

American Express Platinum Charge Card

Bank Name :

American Express

प्रकार

Premium Credit Card

ब्याज दर

3.50% to 3.99%.

पात्रता

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

American Express Platinum Charge Card
पेशेवरों
  • 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.

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.

पक्ष विपक्ष
Welcome Benefits

None 

पुरस्कार प्रणाली
  • 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%.

अंतर्राष्ट्रीय विदेशी मुद्रा मार्कअप

2.7% of each transaction in a foreign currency.

स्वागत लाभ और पुरस्कार प्रणाली
विशेष लक्षण

Enjoy access to free WiFi, gourmet cuisines and other exclusive services while you wait between flights in our lounges spread across 130+ countries.

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

फ़ायदे
  • Priority Pass Select membership: Enjoy access to over 1,300 airport lounges worldwide.

  • Customers can get discounts on hotels and avail of exclusive stay benefits. 

  • Also, get protected with emergency services and insurances.

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:-

  • 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.

American Express Platinum Charge Card

Abhijeet Saxena

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

Annual Fee:

  • $695 (charged annually)

Additional Fees:

  • Authorized User Fee: $175 per year for up to 3 additional cards

  • Foreign Transaction Fee: 2.7% of each transaction in a foreign currency

  • Cash Advance Fee: 5% of each cash advance, with a minimum of $10

ईंधन अधिशुक्ल

American Express Platinum Charge Card has a 2.3% fuel surcharge on gas station purchases. This surcharge applies to all gas station purchases, regardless of the amount spent.

Billing Cycle

30 Days

फीस एवं प्रभार
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