American Express Platinum Card
Updated on October 29, 2026
🎖️Reward Rate
Base Rate: 1 Membership Rewards point for every ₹40 spent
Overview
The American Express Platinum Card is a super-premium Charge Card offering extensive lounge access, luxury hotel elite status, travel insurance, and a Rewards Xcelerator programme offering up to 20X points on luxury brands.
Rewards
Reward Type
Reward Points
Reward Rate
- • Base Rate: 1 Membership Rewards point for every ₹40 spent
- • Overseas Spends: 3X Membership Rewards points on all spends abroad
- • Rewards Xcelerator: Up to 20X points on 20+ luxury brands
Welcome Benefit
Welcome gift worth up to ₹60,000 (choose from Taj Hotels, Luxe Gift Card or The Postcard Hotels and Resorts) when you pay the annual fee and spend ₹50,000 in the first 2 months.
Milestone Benefit
Spend ₹20,00,000 in membership year → vouchers up to ₹35,000 as renewal benefit
Redemption
- • Points never expire
- • redeemable via Shopwise e-voucher partners and other Amex redemption catalogues
Benefits
- Airport Lounges: Access to 1,550+ lounges in 140+ countries, including Centurion, Priority Pass, Delta Sky Club (when flying Delta), Escape and domestic partner lounges in India
- Air Accident Cover: ₹5 crore if the air ticket is bought on the card
- Overseas Medical Cover: US$50,000 for the first 7 days of a trip
- Hotels: 25% off at Taj, SeleQtions and Vivanta Hotels
Things to Know Before you apply
American Express Platinum Card Eligibility Criteria
- Age: 18+ years
- Salaried: ₹25 lakh or more a year. Self-employed: ₹15 lakh or more a year.
- Salaried and self-employed.
- Resident Indian living in Delhi NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh Tricity, Ahmedabad, Surat, Vadodara, Bhopal, Bhubaneswar, Ernakulam, Vijayawada, Lucknow, Ludhiana, Nagpur, Nashik, Trivandrum, Mysuru, Cuttack or Vizag.
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | Free |
| Annual Fee | ₹66,000 |
| Cash Advance Fee | American Express has temporarily suspended cash withdrawals on its cards in India. |
Fee waiver: Non-waivable annual fee
PaisaSimple Review
Overall Rating
3.2/5What do we like about this card?
Rated 3.2 out of 5. The American Express Platinum Card scores well for access to 1,550+ lounges worldwide, a welcome gift worth up to ₹60,000 and Membership Rewards points that never expire. It loses marks because new applications are paused in India, the ₹66,000 fee cannot be waived and the base rate is only 1 point per ₹40.
Pros
- • Extensive global lounge network (1,550+ lounges, 140+ countries)
- • Complimentary elite status across multiple hotel and car-rental loyalty programmes
- • Strong travel insurance coverage (₹5 Cr air accident, US$50,000 medical)
- • Points never expire
Cons
- • New applications paused by American Express in India
- • ₹66,000 + GST annual fee with no spend waiver
- • Renewal vouchers need ₹20 lakh spend in the membership year
- • Issued only in selected cities
Frequently Asked Questions
Can I apply for the American Express Platinum Card now?
No. American Express has paused new applications in India. Existing cardholders can keep using the card.
What is the joining and annual fee of the American Express Platinum Card?
The annual fee is ₹66,000 plus GST. Non-waivable annual fee.
What rewards does the American Express Platinum Card give?
Base Rate: 1 Membership Rewards point for every ₹40 spent. Overseas Spends: 3X Membership Rewards points on all spends abroad. Rewards Xcelerator: Up to 20X points on 20+ luxury brands.
How do I redeem the rewards on the American Express Platinum Card?
Points never expire. Redeemable via Shopwise e-voucher partners and other Amex redemption catalogues.
Does the American Express Platinum Card give airport lounge access?
Airport Lounges: Access to 1,550+ lounges in 140+ countries, including Centurion, Priority Pass, Delta Sky Club (when flying Delta), Escape and domestic partner lounges in India.
Who can apply for the American Express Platinum Card?
Open to salaried and self-employed. Salaried: ₹25 lakh or more a year. Self-employed: ₹15 lakh or more a year. Resident Indian living in Delhi NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh Tricity, Ahmedabad, Surat, Vadodara, Bhopal, Bhubaneswar, Ernakulam, Vijayawada, Lucknow, Ludhiana, Nagpur, Nashik, Trivandrum, Mysuru, Cuttack or Vizag.
Compare with Similar Cards
Joining Fee
Free
Annual/Renewal Fee
₹66,000
Joining Fee
₹50,000
Annual/Renewal Fee
₹50,000
Joining Fee
₹50,000
Annual/Renewal Fee
₹10,000
- • Welcome gift worth up to ₹60,000 (choose from Taj Hotels, Luxe Gift Card or The Postcard Hotels and Resorts) when you pay the annual fee and spend ₹50,000 in the first 2 months.
- • 15,000 EDGE Reward points on card activation if you make your first transaction within 30 days. Not available on first-year-free or lifetime-free cards.
- • Taj Epicure Preferred and Accor Plus Explorer memberships plus 1 lakh bonus reward points on activation.
- • Base Rate: 1 Membership Rewards point for every ₹40 spent
- • Overseas Spends: 3X Membership Rewards points on all spends abroad
- • Rewards Xcelerator: Up to 20X points on 20+ luxury brands
- • Base Rate: 15 EDGE Reward points per ₹200
- • International Spends: 30 EDGE Reward points per ₹200 up to your credit limit each calendar month, then 15 points per ₹200
- • Rent: Points on rent capped at ₹1 lakh a month
- • Exclusions: No points on utilities and telecom, wallet, gift cards, government, insurance, gold and jewellery, fuel, tolls or cash advances
- • Domestic Spends: 16 reward points per ₹200
- • International and Luxury Spends: 32 reward points per ₹200
- • Exclusions: No points on fuel or government payments
- • Extensive global lounge network (1,550+ lounges, 140+ countries)
- • Complimentary elite status across multiple hotel and car-rental loyalty programmes
- • Strong travel insurance coverage (₹5 Cr air accident, US$50,000 medical)
- • Points never expire
- • Lounges: Unlimited domestic and international visits with 12 guest visits each a year
- • Golf: 50 free rounds a year
- • Low Forex: 1.5% markup with double points abroad
- • Hotel Memberships: Club ITC Culinaire, Accorplus and Club Marriott
- • No Cash Fee: No cash withdrawal fee
- • Lounges: Unlimited domestic and international access with guests
- • Hotel Memberships: Taj Epicure and Accor Plus
- • Low Forex: 0.5% markup
- • Airline Transfers: 1:1 to major airlines
- • New applications paused by American Express in India
- • ₹66,000 + GST annual fee with no spend waiver
- • Renewal vouchers need ₹20 lakh spend in the membership year
- • Issued only in selected cities
- • Fee: ₹50,000 joining and annual fee
- • Fee Waiver: Needs ₹35 lakh eligible spend a year
- • Exclusions: Many categories earn no points, including utilities, insurance, fuel and gold
- • Withdrawn Perks: Airport transfers and Oberoi hotel offers have been discontinued
- • Invite Only: You cannot apply directly
- • Fees: ₹50,000 to join and ₹10,000 a year unless waived