American Express® Platinum Travel Credit Card offer excellent benefits.
Amex Platinum Travel Credit Card Benefits
- Joining Benefits :
- Welcome Gift of 5,000 Milestone Bonus Membership Rewards Points redeemable for Travel Vouchers worth Rs. 4,000
- Benefits
- Milestone Benefits: Available – see reward section below.
- Lounge Access (Domestic / International): Enjoy complimentary membership to Priority Pass, with the US$99 annual membership fee waived off. Enjoy 4 complimentary visits per year (limited to one complimentary visit per quarter) to airport lounges across India.
- Golf : N/A
- Movie Tickets: N/A
- Restaurant Offers: Up to a 15% discount at over 1,000 restaurants across major cities. See the list of participating restaurants.
- Railway Surcharge waiver: N/A
- Fuel: 0% Convenience fee on fuel purchase at HPCL for transaction less than Rs. 25,000 and 0.3% Convenience fee on fuel purchase per transaction is applicable for all transactions on and above Rs. 25,000
- International Spend Benefits: N/A
- Other Offers
- Other Partner Offers on all Amex Credit cards. See latest offers
Rewards Collection
- 1 Membership Rewards Point for every 2 Rs. 50 spent except for spend at Fuel, Utilities, Insurance and Cash Transactions
- You earn Milestone Bonus Membership Rewards Points on the following three Milestones as defined below:
- Spending Rs. 5,000 within 60 days of cardmembership entitles you to a Welcome Gift ( 5,000 Milestone Bonus Membership Rewards Points – can be redeemed able for Travel Vouchers worth Rs. 4,000 or other redemption options)
- Reaching spend threshold of Rs. 1.9 Lacs every year (earn 7,500 Spend Milestone Bonus Membership Rewards Points – can be redeemed able for Travel Vouchers worth Rs. 6,000 or other redemption options)
- Reaching spend threshold of Rs. 4 Lacs every year – 1) get a Taj Experiences E-Gift Card worth Rs. 10000 2) earn 10,000 Spend Milestone Bonus Membership Rewards Points – can be redeemed for Travel Vouchers worth Rs. 10,000 or other redemption options.
Rewards Redemption
- Reward value is 1 reward point = approx Rs 0.25 – –So you get approx. 0.5% worth of reward value
- Milestone benefits available as above
- On annual spend of Rs 4 lakhs, you get reward points – 10000+7500+4000 = 21500 (redeemable for travel vouchers worth Rs 20000 + 10000 Taj Hotel)
- Reward catalogue: https://www.americanexpress.com/en-in/rewards/membership-rewards/
Amex Platinum Travel Credit Card Fees
- First year fee: Rs. 3,500 plus applicable taxes.
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Second year onwards: Rs. 5,000 plus applicable taxes.
How to Apply – You can apply online at Amex website
Eligibility:
- Personal Annual Income of INR 6 Lakhs and above (in case of Self Employed or Salaried)
- Existing Credit Card member of any bank
- Resident of India (as defined under the Income Tax Act of India)
Summary
Amex Platinum Travel Credit Card offers excellent benefits in terms of travel vouchers (approx 5-7% worth of points) and complementary lounge access. However you need to spend more than Rs 4 lakhs annually on the card to get the full benefits .