American Express Platinum Reserve Credit Card
Rewards & Benefits
Welcome Benefits
Users will get a welcome gift of 11,000 bonus Membership rewards points.
Milestone Benefits
Cashback Rate
Users will earn 1 Membership rewards point for every Rs. 50 spent except for spend on Fuel, Insurance, Utilities, Cash transactions and EMI conversion at Point of Sale(PoS).
Effective cashback rate: 1%.
Movie Benefits
Users can enjoy a movie or online shopping voucher worth Rs 6,000 per year.
Dining Benefits
Other Benefits
Users will get a complimentary Taj Epicure and EazyDiner Prime membership.; Complimentary access twice a month to 32+ lush green golf courses in India.; Users will get a Taj stay voucher worth Rs 10,000 on spending Rs 5,00,000 in a card membership year and pay the annual fees of Rs 10,000 on their card.; Concierge and other services.; Fuel Convenience Fee waiver at HPCL petrol pumps.; Zero lost card liability.
Lounge Access
Fees & Charges
Joining Fee
INR 5,000 plus taxes
Annual Fee
INR 10,000 plus taxes
Cash Advance Fee
Cash Advance Fee: 3.5% of the amount (minimum Rs. 250)
Interest rate
3.50% p.m. (APR) of 35.4%.
Late Payment Fee
Late Payment Fee: Rs. 500 (minimum)
Foreign Currency Transactions Fee
Foreign Currency Transaction Fee: 2.5% (capped at Rs. 100)
Other Fees
Returned Payment Fee: Rs. 500 | Excess Card Limit Fee: Rs. 500
दोष
High annual fee: ₹10,000 yearly fee can be a big drawback.
Limited reward earning: The rewards program with 1 Membership reward point per ₹50 spent is far from being the most lucrative among premium cards.
Exclusion of certain spending categories: Fuel, insurance, utilities or EMI conversions do not earn any points thereby limiting your overall reward potential.
Acceptance limitations: Smaller shops and restaurants especially would accept Visa and MasterCard but not American Express as widely.
Welcome Benefits: Users will get a welcome gift of 11,000 bonus Membership rewards points.
Reward System: Users will earn 1 Membership rewards point for every Rs. 50 spent except for spending on Fuel, Insurance, Utilities, Cash transactions and EMI conversion at Point of Sale(PoS). Effective cashback rate: 1%.
Users can enjoy a movie or online shopping voucher worth Rs.6,000 per year.
Users will get a complimentary Taj Epicure and EazyDiner Prime membership.
Users will get complimentary access to domestic airport lounges across India. Also, a complimentary membership to Priority Pass, with the US$99 annual membership fee waived.
Complimentary access twice a month to 32+ lush green golf courses in India.
Users will get a Taj stay voucher worth Rs. 10,000 on spending Rs. 5,00,000 in a card membership year and pay the annual fees of Rs. 10,000 on their card.
Concierge and other services.
Fuel Convenience Fee waiver at HPCL petrol pumps.
Zero lost card liability.
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
You must be at least 18 years old.
You must have an Indian or multinational bank’s savings or current account in India.
You must have a good credit history and no payment defaults.
You must have a personal annual income of Rs. 6 Lacs and above (for both salaried and self-employed individuals).
You must have a current/permanent residential address in India.
विशेष विशेषता, पात्रता और लाभ
क्रेडिट कार्ड के लिए आवेदन कैसे करें?
Visit the American Express website and click on the "Apply Now" button.
Enter your basic information, such as your name, address, and date of birth.
Provide your financial information, such as your income and employment history.
Review your application and submit it.
Once you've submitted your application, American Express will review it and let you know if you've been approved. If you're approved, you'll receive your card in the mail within a few days.
सम्पर्क करने का विवरण
1-800-419-2122 (Toll Free)
खाता खोलने की प्रक्रिया और प्रक्रिया
विशेष विशेषता, पात्रता और लाभ
Pros:-
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Cons:-
Welcome Benefits: Users will get a welcome gift of 11,000 bonus Membership rewards points.
Reward System: Users will earn 1 Membership rewards point for every Rs. 50 spent except for spending on Fuel, Insurance, Utilities, Cash transactions and EMI conversion at Point of Sale(PoS). Effective cashback rate: 1%.
Users can enjoy a movie or online shopping voucher worth Rs.6,000 per year.
Users will get a complimentary Taj Epicure and EazyDiner Prime membership.
Users will get complimentary access to domestic airport lounges across India. Also, a complimentary membership to Priority Pass, with the US$99 annual membership fee waived.
Complimentary access twice a month to 32+ lush green golf courses in India.
Users will get a Taj stay voucher worth Rs. 10,000 on spending Rs. 5,00,000 in a card membership year and pay the annual fees of Rs. 10,000 on their card.
Concierge and other services.
Fuel Convenience Fee waiver at HPCL petrol pumps.
Zero lost card liability.
High annual fee: ₹10,000 yearly fee can be a big drawback.
Limited reward earning: The rewards program with 1 Membership reward point per ₹50 spent is far from being the most lucrative among premium cards.
Exclusion of certain spending categories: Fuel, insurance, utilities or EMI conversions do not earn any points thereby limiting your overall reward potential.
Acceptance limitations: Smaller shops and restaurants especially would accept Visa and MasterCard but not American Express as widely.
The American Express Platinum Reserve Credit Card is a dream card for high-flying travelers and luxury connoisseurs who appreciate the finer things in life. Its unparalleled travel and lifestyle privileges, combined with high rewards potential, make it a powerful tool for those who can fully utilize its offerings. However, the exorbitant annual fee and niche appeal demand careful consideration before applying.
The American Express Platinum Reserve Credit Card is a dream card for high-flying travelers and luxury connoisseurs who appreciate the finer things in life. Its unparalleled travel and lifestyle privileges, combined with high rewards potential, make it a powerful tool for those who can fully utilize its offerings. However, the exorbitant annual fee and niche appeal demand careful consideration 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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