- Joining fee
₹10,000 + GST
- Annual fee
₹10,000 + GST
- Best suited for
Travel, Dining, Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
1 Membership Reward Point for every Rs. 50 spent with the card except for spends on fuel, utilities, insurance, cash transactions, and EMI conversion at Point of Sale.
- Welcome benefits
11,000 Bonus Membership Rewards Points on Spending ₹30,000 Within 90 Days of Card Issuance
- Reward redemption
MR Points are Redeemable for Vouchers, Transfer to Various Airlines and Hotels Loyalty Programs, and More
Benefits
- Movie & dining
Complimentary Membership of EazyDiner Prime
- Travel
Complimentary Priority Pass, Accor+ Explorer, Taj Epicure Membership
- Domestic lounge
12 complimentary domestic lounge visits (limited to 3 per quarter)
- International lounge
Two Free Visits Via Priority Pass
- Golf
2 complimentary rounds of golf per month at 32 premium golf destinations in India with a 100% waiver on the green fee.
- Insurance
Air accident cover worth Rs. 1 crore, purchase protection against loss, damage, or burglary of any item purchased using the card
Fees & charges
- Spend-based waiver
Annual Fee Waiver on Spends of Rs. 10 Lakh in a Year
- Rewards redemption fee
Nil
- Foreign currency markup
3.5% of the transaction amount
- Interest rates
3.5% per month
- Fuel surcharge waiver
Waived at HPCL fuel stations for transactions up to Rs. 5,000, 1% surcharge on BPCL and IOCL stations and 2.5% surcharge at all other fuel stations.
- Cash advance charges
3.5% of the advanced amount, subject to a minimum amount of Rs. 250.
Product highlights
- 11,000 bonus Membership Rewards Points as a welcome gift.
- 1 Membership Rewards Point for every Rs. 50 spent with the card (except fuel, insurance, utility, EMI conversions).
- Monthly Flipkart/BookMyShow or other brands vouchers as milestone benefits.
- Complimentary (limited) visits to domestic airport lounges and a complimentary Priority Pass membership.
- Complimentary membership of Taj Epicure.
- 2 complimentary rounds of golf every month at 32 premium golf courses across India.
- Dining offers with complimentary membership of EazyDiner Prime.
- 24×7 American Express concierge service.
- Air accident insurance cover worth Rs. 1 crore.
Pros & cons
Pros
- For frequent flyers, this card offers 12 domestic lounge visits and a Priority Pass membership.
- You would get 11,000 Membership Reward Points on the realization of card joining fees.
Cons
- Despite its high annual fee of ₹10,000, the card does not provide basic perks that are typically offered by similar cards, such as golf games with no spending requirements.
- Additionally, the Platinum Reserve card should have lower Forex charges, considering its already steep annual cost.
Eligibility
| Criteria | Salaried | Self-employed |
|---|---|---|
| Age | >18 Years | >18 Years |
| Income | Minimum Rs. 6,00,000 per annum | Minimum Rs. 6,00,000 per annum (as per ITR) and an at least 12-year-old company. |
FAQs
What is the validity of the Membership Rewards Points?
American Express Membership Rewards Points never expire.
Can I use the Membership Rewards Points to pay my credit card bills?
Yes, you can pay your credit card bill using the Membership Rewards Points that you earned. The Points are adjusted against your card’s statement balance.
Do I get complimentary international lounge access with this credit card?
You get a complimentary Priority Pass membership with this credit card. Two international lounge visits per year are free after that they shall be chargeable.
Are add-on credit card(s) complimentary?
You can get up to 4 complimentary add-on credit cards, post which you’ll have to pay Rs. 1,500 per add-on card.
Is this credit card available all over India?
American Express credit cards are available only in Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh/Tricity, Ahmedabad, Surat, Vadodara, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum, and Mysuru subject to conditions.
Does this card support contactless payment?
Yes, this card does support contactless payment. You need not even enter the PIN for transactions up to Rs. 5,000.