American Express Gold Card
American Express Banking Corp. · Applications paused
Amex's entry charge card: 1 Membership Rewards point per ₹50 including utilities, 4,000 welcome points, 1,000 bonus points a month for using the card, and no pre-set spending limit. ₹1,000 first year, ₹4,500 after. New applications are paused.
- Annual fee
- ₹4,500 + GST a year
- Joining fee
- ₹1,000 + GST
- Base rate
- All other spends, utilities and telecom, 1 point per ₹50: 1 Membership Rewards points per ₹50 (about 0.5% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on fuel
- No points on insurance
- No points on cash advances, express cash, drafts or balance transfers
Terms the calculator does not value
- Cash mode values points at statement credit (₹0.25). The Gold Collection voucher values on the page (24,000 points: Taj ₹14,000, Shoppers Stop ₹10,000, Tata CLiQ or Tanishq ₹9,000, Amazon, Flipkart or Reliance Digital ₹8,000) are entered as options for the best three; the page links to a separate, possibly newer list.
- The 5,000-point first-year renewal bonus is given once, on the first renewal, so it is recorded as a benefit and not valued.
- The MR T&C words the EMI exclusion for "Personal Credit Cards"; the Gold Card is a charge card and its page does not mention it, so no EMI exclusion is entered.
- ShopWise 5X (limited period offer) is not modelled.
Sources
- American Express Gold Card product page (Product page, the bank's own, read 6 Nov 2026)
- American Express Membership Rewards Program Terms and Conditions (no version date in the extracted text) (Reward terms, the bank's own, read 6 Nov 2026)
- Schedule of Fee and Charges (updated as on 2025-08-31) (Schedule of charges, the bank's own, read 6 Nov 2026)
- American Express India all cards listing (Product page, the bank's own, read 6 Nov 2026)