American Express Platinum Card

American Express Banking Corp. · Applications paused

Amex's top personal charge card: a welcome gift worth up to ₹60,000, 1 Membership Rewards point per ₹40 and 3X abroad, the Global Lounge Collection (1,550+ lounges), Fine Hotels & Resorts benefits and hotel elite tiers. ₹66,000 annual fee plus taxes. New applications are paused.

Annual fee
₹66,000 + GST a year
Joining fee
₹66,000 + GST
Base rate
All other spends, 1 point per ₹40: 1 Membership Rewards points per ₹40 (about 0.63% at cash value)
Lounges
International: unlimited visits a calendar year; Domestic: unlimited visits a calendar year
Forex markup
3.5%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • Overseas spends, 3X points (3 per ₹40): 3 Membership Rewards points per ₹40 (about 1.88% at cash value)
  • Fuel, 5 points per ₹100 (up to 5,000 points a month): 5 Membership Rewards points per ₹100 (about 1.25% at cash value)

Earns nothing on

  • No points on insurance or utility bills (electricity, gas, water)
  • No points on cash advances, express cash, drafts or balance transfers

Terms the calculator does not value

  • Membership Rewards points are valued only at statement credit (₹0.25). Pay with Points, eVouchers, Rewards Xcelerator (up to 20X on 20+ luxury brands) and ShopWise (5X on eVouchers) are mentioned on the page without published point prices or terms, so they are not valued.
  • The welcome gift and renewal vouchers are "up to" values and the voucher choice sets the amount; the amounts are entered as stated.
  • The MR T&C words the EMI exclusion for "Personal Credit Cards"; the Platinum Card is a charge card and its page does not mention it, so no EMI exclusion is entered. Lounge visit limits are not published (entered as unlimited).
  • Fine Hotels & Resorts, hotel elite tiers, lounge entitlement and fees per visit (guest and Priority Pass usage) are not valued.

Sources

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