American Express Platinum Reserve Credit Card
American Express Banking Corp. · Applications paused
Amex's Platinum Reserve credit card: 1 point per ₹50, 11,000 welcome points, ₹12,000 a year of movie or shopping vouchers on ₹50,000 monthly spend, lounge access and Priority Pass. ₹10,000 annual fee, waived at ₹10 lakh of yearly spend. New applications are paused.
- Annual fee
- ₹10,000 + GST a year
- Joining fee
- ₹10,000 + GST
- Fee waiver
- Annual fee waived on ₹10,00,000 spend per card year
- Base rate
- All other spends and telecom, 1 point per ₹50: 1 Membership Rewards points per ₹50 (about 0.5% at cash value)
- Lounges
- International: 2 visits a calendar year; Domestic: unlimited visits a calendar year
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on fuel, insurance or utility bills
- No points on cash advances, express cash, drafts or balance transfers
- No points on EMI chosen at a merchant website or terminal
Terms the calculator does not value
- Membership Rewards points are valued only at statement credit (₹0.25). Pay with Points, eVouchers and the Gold Collection exist but this card's page gives no point prices.
- Domestic lounge access has no stated number of visits; the golf privilege, elite tiers and memberships are not valued.
- The fee schedule lists an older "Option 1" (₹50,000 lifetime foundation fee plus ₹10,000 a year); only the current page's ₹10,000 fee is modelled.
Sources
- American Express Platinum Reserve Credit 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)