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American Express

American Express Corporate Platinum Card

Not rated yet - COFFER rates a card only after reading every document the bank publishes for it. How we rate

Business · Applications paused · Earns points

American Express has paused new applications

“We are temporarily pausing the acceptance of new Corporate/Legal Entity applications in India as we make planned updates to our technology platforms for domestic card issuing operations.”

American Express’s own page

First-year fee

₹0

Nil

Annual fee

₹40,000 a year.

What it gives back

Earn 1 point on every ₹40 spent on all your business expenses.

Read from 6 American Express documents, last checked 19 Oct 2026.

View on American Express
How it compares

Compared with the cards we have read

₹40,000 annual fee: of the 273 other open cards whose annual fee we have read, 269 state a lower one and 4 state a higher one.

3.5% forex markup: of the 291 other open cards whose forex markup we have read, 103 state a lower one and 188 state the same.

Fees

  • Annual fee

    ₹40,000 a year.

  • Joining fee

    ₹0Nil

  • Add-on card fee

    N/A

Rewards

  • Reward rate

    Earn 1 point on every ₹40 spent on all your business expenses.

  • Fuel earning

    No Membership Rewards Point on spends at Fuel.

  • Insurance spend earning

    Insurance spends earn 1 point per ₹100 spent.

  • Travel earning

    Enjoy 2X rewards when you book directly on Air India website or app (limited time offer until 31 January 2027)

  • Utilities earning

    Utility, telecommunication, Wholesale Spends and insurance on which you earn 1 point per ₹100 spent.

  • Reward exclusions

    Fuel

  • Reward caps

    Utility (capped to a maximum of 1000 points per month)

  • Points transfer redemptionAirline and hotel partners points may move to

    Points transfer to leading airline and hotel loyalty programs.

  • Statement-credit redemption

    Cover eligible Card charges with points.

  • Voucher and product redemption

    350+ e-vouchers across 175 brands.

  • Point expiry

    No points expiry

Card benefits

  • International lounge access

    Complimentary access at over 1,400 premium lounges around the world.

  • Domestic lounge access

    Centurion Lounge at Terminal 1, Indira Gandhi International Delhi Airport and over 30 domestic airport partner lounges across key cities in India.

  • Priority Pass

    Membership to highest tier of Priority Pass (valued at US $429) with access to over 1,200 airport lounges across the globe.

  • Hotel or travel programme

    Complimentary benefits with average total value of ₹44,300 at over 1,300+ properties worldwide at Fine Hotels + Resorts.

  • Hotel or travel programme

    MakeMyTrip Vouchers worth ₹15,000 on booking international flights and hotels worth ₹2,00,000 with MMT Biz on a single day.

  • Dining programme

    25% discount on Food & Beverage on dine-in & takeaway at participating restaurants across hotels for up to 10 persons

  • Concierge

    Exclusive toll-free 24x7 Platinum Card Services Helpline available anywhere in the world

  • Milestone benefits

    Gift Voucher worth ₹10,000 on spending ₹30,00,000 in a year.

  • Membership tiers and what unlocks them

    Complimentary membership to Marriott Bonvoy Gold Elite Status.

Also included

  • Surcharge on railway tickets

    1.8% per transaction subject to a minimum of ₹10 if booked through internet (IRCTC)

  • Air accident cover

    Air accident insurance cover of ₹5 Crore.

  • Medical and hospitalisation cover

    Overseas medical insurance of $50,000.

  • Travel insurance

    Protection from travelling hazards like loss or delay in checked-in baggage etc. and overseas medical insurance of $50,000

Charges

  • Forex markup

    3.5% on foreign currency transactions.

  • Cash advance fee

    3.5% of cash withdrawal amount.

  • Interest on unpaid balance

    No interest charges

  • Interest-free period

    Up to 51 days

  • Late payment fee

    3.5% of the outstanding balance subject to a minimum of ₹100

  • Payment return or dishonour fee

    ₹150 per returned instrument for Corporate Cards.

  • Statement or duplicate statement fee

    ₹100 per statement for statements older than 3 months.

  • Reward redemption fee

    No redemption charges

  • Fuel transaction fee

    1% fee per transaction is applicable for all HPCL transactions on and above ₹5,000, 1% of the transaction value subject to a minimum of ₹10 + applicable taxes, will be charged as convenience fee at fuel stations operated by the Public Sector Oil Marketing Companies BPCL and IOCL

  • GST note

    Any Charges mentioned anywhere in this MITC are exclusive of the GST or any other taxes as applicable

How we know - 6 documents from American Express, checked 19 Oct 2026

6 documents from American Express, checked 19 Oct 2026.

  • American Express Platinum Corporate Card MITC English6 Oct 2026Proof
  • Fees and charges pageProof
  • Card pageProof
  • Platinum Corporate Terms and Condition, 1 Apr 2024Proof
  • MITC and Key Fact StatementProof
  • Card terms and conditionsProof

On these lists

View on American Express

₹40,000 a year

View on American Express