American Express Platinum Charge Card, also known as Amex, is one of the best credit card service companies. Their service is not only limited to America but also is expanded across the globe. So, if you are curious to know more about the American Express Platinum charge card and its review in India, then you have just come to a perfect place.
We discuss here the key highlights of how you apply to get the card in this article. Moreover, we also take about all future benefits and charges. And one thing that I have to say is that Amex provides you with the best customer care services than any other credit card service.
So, if you want to know all about this, then go through the review of the whole article. I hope if you read it whole, then you get all answers to your questions.
As we say, the American Express Platinum charge card is one of the best credit card services in the world. Then it’s quite obvious that the key highlights and features are also better than others. It’s also probably the best card for travellers who travel around the world.
You can join in this service with Rs. 60,000.00 + GST, and within joining, you can get 100K MR points. OR if you do not need this, then you can also go for Taj vouchers of Rs. 40,000.00
You can also check the table which is given below for better understanding.
- Joining/ Annual Fee: Rs. 60,000 + GST
- Eligibility: 15L for Self Employed/ 25L for Salaried for persons
- Welcome Benefit: 100K MR points (or) Rs.40,000 Taj Vouchers
- Renewal Benefit : For this, you have to visit the official website as it varies from time to time
The main question that comes to your mind is what reward points the company gives to their customers. In this place, also the company provides you good reward points, and this card provides the best reward rate among all other Amex Card.
By using this card, you can earn 1 MR per Rs. 40 spent while the value per MR point is in between 50 Ps to 1 Rs. The calculated reward rate of this card is between 1.25 2.5%. Meanwhile, you can earn up to 3x points on your international spending. Remember that you may earn 3x Point, but you will still be charged 3.5% + GST value.
What Makes This Charge Card Better From Other Credit Card?
The American Express Platinum charge card is far better than any other credit card available in the market. Let’s tell you why this charge card is better than credit cards. In the case of credit cards, we can make our payment partly. But in the case of this charge card, you have to pay the full payment at one time. But the best part is in the case of a charge card, there is no preset spending limit, but a credit card has this limit. This is the area where a charge card beat almost every credit card. Please read the following table where we differentiate the difference between this charge card with other credit cards.
Who Should Opt This Charge Card?
If you want to apply for this card, then your age has to be over 18 years. Besides this, you need a good credit history in the past. It’s also available for both salaried person and as well as self-employed too. The minimum salary is 25 lakh per annum for a salaried person, while the self-employed need to earn a minimum of 15 lakh rupees per annum. But the self-employed need to trade more than 12 months to apply for this card.
Features & Benefits
The most important thing that you have to check before issuing any card is its features and benefits.
By using this American express platinum charge card, the company provide you with thousands of benefits. Here are the topmost benefits provide by the company given in the following paragraphs.
1. Hotel Loyalty Programs
If you are a holder of this card, the company provides you with elite status with hotel loyalty programs. The topmost premium hotel loyalty programs that the cardholders get are:
- TAJ inner circle
- Starwood Preferred Guest Gold, now Marriott
- Hilton Honors Gold status
- Radisson Rewards Gold elite status
- Shangri-La golden circle’s jade tier
- Hertz Gold Plus rewards
2. Lounge Access
The Amex platinum charge cardholders get some reputed lounge access across the world. The most valuable and premium lounge access are the following.
- American Express Lounge
- Escape Lounge
- Priority Pass Lounge
- The Centurion Lounge
- Delta Sky Club Lounge
- Domestic Partner Lounges in India
3. Hotels & Resort collection And Top Feature of Them
The platinum cardholders are getting the benefits of top-class and premium hotels and resorts among the whole world. You can book over 700 hotels across the globe with the help of this card. Not only the hotels, but they also give some special access to those hotels. Some of the most exclusive benefits are:
- Room upgrade upon arrival, when available
- Non-check-in, when available
- In-room Wi-Fi
- $ 100 F&B credit (at specific hotels)
- $ 100 spa credit(at specific hotels)
- Guaranteed 4 pm late checkout
- Complimentary 3rd and 4th night (at select properties)
4. Dining Privileges
The cardholders also get membership of dining privileges from the world’s most prestigious hotels. You can access ITC Club Culinaire, Taj Epicure and EazyDinner prime by holding this card in India.
5. American Express Invites
This is one of the best events which the company provides to their cardholders. They can get an exclusive chance to buy tickets before the starting of its official sale.
6. International Airline Program
The cardholders are also getting some benefits in the international airline. But these benefits are not constant. It changes with time. But some most popular benefits are a 25% discount on a business class flight for Domestic and International.
You get a complimentary upgrade to first class when anyone book a Flex business class ticket on Etihad airways.
Besides those, there are several discounts on several different airlines like Emirates, Qatar Airways, British Airways, KLM etc., for exclusively this cardholder.
7. Platinum Concierge
This is also a unique feature provided by the company to their cardholders. It is a 24*7 service where the company helps customers with various lifestyle requests, from booking a restaurant to planning a special program.
Charges are the most important part that you have to check before issuing any cards. For issuing an Amex platinum charge card, the first year fee you have to pay is Rs 60000+ GST. From the second year onwards you have to pay the same amount of money as the first one.
Here is the list of all charges that you have to pay.
Eligibility And Documents Required
We discuss this topic with two tables for your better understanding.
If an Indian citizen wants to issue this card, then he or she needs the following documents.
How To Apply For The Card?
The application process is quite easy. First, you have to go to its official American express site, then enter the required details. After that, check eligibility against this card, and finally, after filling up the whole form, you have to submit it.
Then the officials will directly contact you, and they give you the date, time and place for physical document verification and collection.
1. What happens if I cannot make the payment of the American Express Platinum card on time?
Unlike normal credit cards, you will have to pay the amount in full, and if you fail to do so, a late fee will be applicable on the card.
2. I already have an American Express® Membership Rewards credit card. Can I apply for the American Express® Platinum charge card as well?
Yes, existing American Express cardholders can also apply for the American Express Platinum charge card.
1. American Express Gold Card
This is also a similar card to this. But here are some features that are missing in comparison to the platinum card. But the cost of this is quite small than a platinum card.
2. American Express Platinum Reserve Credit Card
This is also a similar kind of card to it. But some features are missing while the cost of it is largely low.
So, these are the complete details and reviews of the American express platinum charge card in India. If you want to look like this kind of multi-purpose card, this will be a perfect choice. Besides all the features and benefits, this company will also provide you with the best customer care than any other card company.