American Express Platinum Travel Credit Card

Three annual spend milestones, each redeemable on the Platinum Travel Collection: 7,500 bonus Membership Rewards Points at ₹1.9 lakh of spends in a membership year, 10,000 Points at ₹4 lakh, and a further 22,500 Points at ₹7 lakh together with a Taj Experiences E-Gift Card worth ₹10,000 valid at Taj, SeleQtions and Vivanta Hotels. Eligible spends exclude cash advances, express cash, drafts, balance transfers and fees, and are net of returns.

Joining fee

First-year membership fee ₹5,000 plus applicable taxes

Annual / renewal fee

Membership fee ₹5,000 plus applicable taxes, first year and second year onwards

Add-on card fee

Up to two supplementary cards at no extra cost; ₹1,500 for each supplementary card thereafter

Interest rate

3.50% per month (42% per annum) on revolved balances and cash advances, rising to 3.99% per month (47.88% per annum) where the account is in default.

Interest-free period

48 days

Cash advance fee

3.5% of the cash advance amount, subject to a minimum of ₹250. Cash withdrawal in India is currently suspended; the facility is available overseas only.

Overlimit fee

Overlimit transactions have been disabled since 1 October 2022. Debits of fees and charges raised by the issuer can still take an account over its assigned limit.

Payment dishonour

₹250 per returned instrument

Forex markup

3.50% currency conversion factor on foreign-currency transactions

Duplicate statement

₹100

Income (salaried)

₹6L/year

Income (self-employed)

₹6L/year

Age

18+ years

• How many lounge visits does the Platinum Travel Credit Card include?
• What are the spend milestones on this card?
• Can the membership fee be waived?
• Do the Membership Rewards Points expire?