All Benefits
- Earn 5 Membership Rewards points per ₹100 on fuel (capped at 5000 points/month)
- 3X Membership Rewards points on overseas spends
- Points redeemable for travel, hotel loyalty programs, and vouchers
Fees
Joining Fee
Welcome gift worth up to ₹60,000 (choice of Taj Hotels, Luxe Gift Card, or The Postcard Hotels & Resorts vouchers) on payment of annual fee and net spends of ₹50,000 within the first 2 months.
₹77,880
₹66,000 + GST
Annual Fee
The annual fee of ₹66,000 is non-waivable and will be charged every year.
₹77,880
₹66,000 + GST
Eligibility
Age
18-60 years
Salary
₹2.08L / Month
Credit Score
750+
Bank Fee Structure
Forex Markup
3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. Examples (3.5%): ₹100 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.5%
Finance Charges (APR)
Since American Express Platinum Charge Card is a charge card, there are no finance charges applicable as there is no revolving credit. All charges are due immediately on the statement's due date
Not Applicable
ATM Withdrawal
Cash withdrawal services on the American Express Platinum Card are temporarily suspended in India. Internationally, cardmembers can withdraw up to US$750 every 14 days
Not Applicable
Reward Redemption
Not Applicable
Railway Surcharge
A surcharge of 1.8% (Minimum ₹10) is applied to transactions made for booking railway tickets
1.8%
Rent Payment
A surcharge fee of 1% applies on rental transactions made using the credit card
1%
Cheque Payment
A fee of ₹50 of the payment amount is levied for cheque return, cheque dishonour, or auto-debit reversal
₹50
Cash Payment
₹100 cash payment fee per deposit
₹100
Late Payment Charges
| Amount due | Fee |
|---|---|
| ₹0 – ₹100 | ₹0 |
| ₹101 – ₹500 | ₹100 |
| ₹501 – ₹1,000 | ₹350 |
| ₹1,001 – ₹5,000 | ₹550 |
| ₹5,001 – ₹10,000 | ₹750 |
| ₹10,001 – ₹25,000 | ₹1100 |
| Above ₹25,000 | ₹1300 |
Late payment fees are applied based on the overdue amount and range from ₹500 to ₹1,300 depending on the amount outstanding
Reward Exclusions
Terms & Conditions
- https://www.americanexpress.com/content/dam/amex/in/legal/mitc/Plat_RCP_CMA.pdf
Full charges and terms: Bank MITC / Terms