American Express Platinum Corporate Card
- Joining fee
NIL
- Annual fee
₹40,000 + GST
- Best suited for
Travel, Fuel, Shopping, Business Expenses
- Reward type
Reward Points
Rewards
- Rewards rate
1 Membership Rewards Point for every Rs. 100 spent on telecommunications, insurance, fuel and other utility services and 1 Membership Rewards Point for every Rs. 40 spent on all other spending.
- Welcome benefits
Choose Any One - Taj Vouchers Worth ₹35,000, Amazon Vouchers Worth ₹30,000 and MMT Vouchers Worth ₹30,000
Benefits
- Domestic lounge
Access Centurion Lounge at T3 Delhi & T2 Mumbai, and 30+ Domestic Partner Lounges Across India
- International lounge
Unlimited Access to 1400+ Airport Lounges Across the Globe with the American Express Global Lounge Collection
- Insurance
Air accident insurance cover of Rs. 5 Crore and overseas medical insurance cover of $50,000
Fees & charges
- Rewards redemption fee
Nil
- Foreign currency markup
3.5% of the transaction amount
- Interest rates
3.5% of the outstanding, subject to a minimum of Rs. 100 (Delinquency Fee)
- Fuel surcharge waiver
1% (2.5% for Private Fuel) of Transaction Amount Subject to a Minimum of ₹10
- Cash advance charges
3.5% of the withdrawal amount
Product highlights
- Complimentary enrolment to the Membership Rewards program, where points never expire.
- There is 1 Membership Rewards Point for every ₹100 spent on purchases of telecommunications, insurance, fuel, and other utility services.
- 1 Membership Rewards Point for every ₹40 on all other spending.
- Complimentary access to 1400+ lounges under the American Express Global Lounge Collection.
- Enjoy premium services like Platinum Travel Services, Platinum Concierge Services, 24 Hours Platinum Service, and much more.
- Zero Lost Card Liability in case you lost your American Express Platinum Corporate Card.
- Get Platinum Protection, which includes travel insurance and overseas medical insurance.
FAQs
Will the Reward points I earned with the American Express Platinum Corporate Card expire after some time?
No, the Membership Rewards Points do not expire. You can redeem them whenever you wish to.
Am I liable for any fraudulent activity on the card if I lost it?
The cardmember is not liable for any fraudulent transaction if the loss of the card is reported within 3 working days; otherwise, the liability of the cardmember is limited to ₹1,000.
Can I do my transactions and track them on mobile?
Yes, the American Express Mobile App allows you to make payments, view recent transactions, and much more.
What is the interest-free period with this card?
Cardholders shall be eligible for an interest-free period of 51 days with the AmEx Platinum Corporate Card.
Can the American Express Platinum Corporate Card be linked with other Amex cards?
You cannot link your American Express Platinum Corporate Card with any other card.
What are the late payment charges applicable with American Express Platinum Corporate Card?
No Overdue Interest Charges are applicable for the Platinum Corporate Card; the Delinquency Fee is levied at 3.5% on the unpaid balance (with a minimum monthly Delinquency Fee of ₹100). For example, If you incur any expense of ₹1,00,000 and you fail to pay the bill by the due date, then this amount will attract the Delinquency Fee of 3.5%, which will be ₹3,500 (1,00,000 X 3.5%). Now, you owe an amount of ₹1,03,500 in total. If you fail to pay the due amount again, the card will charge the Delinquency Fee again on the due amount of ₹1,03,500.