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American Express Platinum Reserve Credit Card
American Express

American Express Platinum Reserve Credit Card

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

Premium · Applications paused · Earns Membership Rewards Point

American Express has paused new applications

“We are temporarily pausing the acceptance of new card 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

₹10,000 + GST

Annual fee

₹10,000 + GST

What it gives back

1 Membership Rewards Point per ₹50 · everyday spends

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

₹10,000 annual fee: of the 273 other open cards whose annual fee we have read, 255 state a lower one, 3 state the same and 15 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

  • Renewal feeJoining fee

    ₹10,000 + GST

  • Fee waiver rule

    Renewal fee of ₹10,000 100% waived off if total spends in the immediately preceding membership year is ₹10,00,000 and above

  • Add-on card fee

    Up to 4 Supplementary Cards at no extra cost; ₹1,500 for each Supplementary Card thereon

Welcome offer

  • Welcome benefit

    Get a Welcome Gift of 11,000 Bonus Membership Rewards Points.

Rewards

  • Reward rate

    1 Membership Rewards Point per ₹50 · everyday spends1 Membership Rewards Point for every ₹50 spent (except spend on fuel, insurance, utilities, cash transactions and EMI conversion at point of sale)

  • EMI spend earning

    You will not earn Membership Rewards Points on any EMI option selected from a merchant’s website e.g.

  • Fuel earning

    You will not earn Membership Rewards Points on fuel.

  • Insurance spend earning

    You will not earn Membership Rewards Points on your American Express Card for all your spending on fuel, insurance and utility (electricity, water and gas bills) payments.

  • Utilities earning

    You will not earn Membership Rewards Points on utility (electricity, water and gas bills) payments.

  • Reward exclusions

    Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale.

  • Catalogue redemption

    Redeem Points for over 500 options across travel, dining, accessories and more.

  • Flight redemption

    Pay for flights with Membership Rewards Points through 'Pay with Points'.

  • Statement-credit redemption

    Use your Membership Rewards Points to pay for your Card charges.

  • Point expiry

    Membership Rewards Points on the FTO tier never expire.

Card benefits

  • Domestic lounge access

    Complimentary lounge access limited to 3 visits every calendar quarter.

  • International lounge access

    The Basic Cardmember can enjoy up to 2 complimentary visits to international lounges per year using Priority Pass.

  • Priority Pass

    Complimentary membership to Priority Pass, with the US $99 annual membership fee waived off.

  • Hotel or travel programme

    Complimentary ALL Accor+ Explorer membership.

  • Dining programme

    Complimentary EazyDiner Prime membership

  • Golf

    Complimentary access twice a month to 32+ courses in India without a green fee on spending ₹50,000 in a month.

  • Milestone benefitsMovie or entertainment ticket benefit

    Movie or online shopping vouchers worth ₹12,000 per year on spending ₹50,000 every month.

  • Retention or continued-access criteria

    In case of non-use i.e. no activity / transaction on the Card during the preceding one year, AEBC will close the concerned Card (s) and linked Supplementary Card (s)

  • Minimum spend rules

    Welcome Gift is available only in the 1st year on payment of the annual fee and on spending ₹30,000 within 90 days of Cardmembership

Also included

  • Fuel surcharge waiver

    0% convenience fee on fuel purchase at HPCL for transactions less than ₹5,000; 1% convenience fee for transactions of ₹5,000 and above, per transaction.

  • Surcharge on railway tickets

    1.8% per transaction, minimum ₹10, if booked through internet (IRCTC)

  • Air accident cover

    ₹10,000,000 if tickets bought on the Card.

  • Credit shield cover

    Waiver of outstanding up to ₹50,000 on the Card in case of death of the Basic Cardmember

  • Lost card liability

    Zero Lost Card Liability

Charges

  • Forex markup

    3.5% on foreign currency transactions.

  • Cash advance fee

    3.5% of the Cash Advance Amount, subject to a minimum of ₹250

  • Cash advance interest

    3.5% Monthly, 42% Annually

  • Cash withdrawal limit

    USD 333 every 14 days or 20% of credit limit, whichever is lower.

  • Interest on unpaid balance

    Finance Charges For Goods & Services, Cash & Balance Transfer: 3.5% Monthly, 42% Annually.

  • Interest-free period

    Up to 48 days free credit without any Interest Charges

  • Late payment fee

    30% of Minimum Amount Due subject to minimum of ₹500 and maximum of ₹1,000, plus applicable taxes

  • Payment return or dishonour fee

    ₹250 per returned instrument for Consumer Cards.

  • Statement or duplicate statement fee

    ₹100 per statement for statements older than 3 months.

  • What the card's fee or benefit year means

    Priority Pass visits: a year is defined as the calendar year starting on January 1 and ending on December 31.

  • Fuel transaction fee

    1% of the transaction value subject to a minimum of ₹10 at BPCL and IOCL fuel stations; 2.5% at fuel stations of all other Oil Marketing Companies

  • GST note

    Charges are exclusive of the applicable tax which is billed along with the fee

  • Minimum amount due

    Sum of 5% of the principal amount or minimum of ₹100 whichever is greater and the total sum of any Card Fees, Charges, Taxes and Interest

Eligibility

  • Address the applicant must have

    Current/permanent residential address in India.

  • Bank account the applicant must hold

    Indian or multinational bank’s savings or current account in India.

  • Credit history the applicant must have

    Good credit history and no payment defaults.

  • Income requirementIncome, salaried

    Personal annual income of ₹6 Lacs and above (for both Salaried, Self Employed)

  • Minimum age

    Over 18 years of age.

  • Residency

    Resident Indian as defined under the Income Tax Act of India

In the terms, not the brochure (4)

  • The period milestones are measured over and when it resets

    On spending ₹50,000 every month.

  • Whether carrying a balance ends the interest-free period

    Interest free (grace) period will be lost if any Cardmember has not paid the full Closing Balance on the previous monthly statement by the payment due date even if the Minimum Payment Due has been paid

  • Spends that do not count toward the fee waiver

    Eligible spends do not include cash advances, express cash transaction, draft made from the account, balance transfer, fees and is net of any returns

  • What must be paid with the card for the cover to apply

    You will be eligible for the insurance cover only if you have used the Card for the purchase and as long as you have fully paid the annual/ renewal fee

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

6 documents from American Express, checked 19 Oct 2026.

  • Lending MITC English7 Oct 2026Proof
  • Fees and charges pageProof
  • Card pageProof
  • Card terms and conditionsProof
  • MITC and Key Fact StatementProof
  • e-Voucher Terms and ConditionsProof

On these lists

View on American Express

₹10,000 a year

View on American Express