American Express Credit Card

The American Express Credit Card, often referred to as Amex, is a renowned financial product offered by the American Express Company. Known for its prestige and exclusive benefits, the American Express Credit Card caters to a wide range of consumers, from individuals to businesses. With a history dating back to 1850, American Express has established itself as a trusted name in the financial industry. Cardholders can enjoy various perks, including rewards programs, travel benefits, and access to exclusive events. Moreover, the card’s stringent security features ensure peace of mind for users in their financial transactions.

Features and Benefits of American Express Credit Card

  • Get financial flexibility with an American Express Credit Card, letting you make purchases now and pay later.
  • Enjoy rewarding offers and benefits in travel, dining, retail, wellness, and more as an American Express Cardmember.
  • Experience world-class service with 24×7 Platinum Assist for all your card-related queries.
  • Manage your account online through the American Express App and enjoy the convenience of contactless payments for purchases below INR 5,000.
  • Benefit from Zero Lost Card liability, protecting you from fraudulent transactions if you report the loss within three days.
  • Get emergency card replacement within 48 hours anywhere in the world if you lose your card.
  • Be protected with Online Fraud Protection Guarantee, ensuring you won’t be held responsible for any fraudulent charges.
  • Earn Membership Rewards Points with every spend and choose from 500+ redemption options in the American Express Membership Rewards® Catalogue, including travel, electronics, and luxury retail.

Fees and Charges

Here are the details about the fees associated with the American Express Credit Card:

Joining Fee: The joining fee varies depending on the type of card you choose.
Annual Fee: The annual fee also varies based on the specific card you have.
Finance Charges: If you carry a balance, you’ll be charged a monthly finance fee of 3.5% on the outstanding amount.
Cash Advance Fee: When you withdraw cash using your credit card, you’ll be charged 3.5% of the withdrawn amount, with a minimum of Rs. 250.

Eligibility Criteria

To get an American Express Credit Card, applicants must meet the following requirements:

Age: Applicants should be at least 18 years old.
Income: Applicants must have a stable income, either through a job or being self-employed.
Credit Score: A decent credit score is necessary for approval.

Documents Required

To apply for the card, you need to provide the following documents to the card issuer:

ID Proof: Aadhar Card, Voter Card, PAN Card, etc.
Address Proof: Aadhar Card, Voter Card, electricity/telephone bill, etc.
Proof of Income: Salary slips or audited ITR acknowledgment.

How To Apply for American Express Credit Card?

To apply for an AmEx Credit Card, follow these simple steps:

  1. Visit the official AmEx website and go to the credit cards page.
  2. Choose the card you want to apply for, and a new page with card details will appear.
  3. On this page, you can directly click/tap “Apply Now” to start your application, or you can click/tap “Compare” to see how the card compares to other AmEx cards before deciding.
  4. When you click/tap “Apply Now,” a registration form will open.
  5. Fill out the form with your details for the application to be processed.
  6. Along with the form, you’ll need to provide some documents like ID proof (Voter Card, Aadhar Card, etc.), address proof (Aadhar Card, Passport, Voter Card, electricity/telephone bill), and proof of income (salary slip/ITR acknowledgment) to proceed with your application.

List Of Best American Express Credit Cards

American Express Membership Rewards Credit Card
Joining Fee: Rs 1,000 (plus applicable taxes)
Renewal Fee: Rs 4,500 (plus applicable taxes)
Welcome Benefit: You can get a welcome bonus of 4,000 Bonus Membership Reward Points by paying the joining fee of Rs. 1,000 and spending Rs. 15,000 on the card within the first 90 days of receiving it.

American Express SmartEarn Credit Card
Joining Fee: Rs. 495 (plus applicable taxes)
Renewal Fee: Rs. 495 (plus applicable taxes)
Welcome Benefit: You will get Rs. 500 cashback if you spend Rs. 10,000 within 90 days of getting the card.

American Express Platinum Reserve Credit Card
Joining Fee: Rs. 5,000 (plus applicable taxes)
Renewal Fee: Rs. 10,000 (plus applicable taxes)
Welcome Benefit: You will receive 11,000 bonus Membership Rewards Points when you pay the joining fee. To be eligible, you need to spend at least Rs. 30,000 within 90 days of getting the card.

American Express Gold Charge Card
Joining Fee: Rs. 1,000 (plus applicable taxes)
Renewal Fee: Rs. 4,500 annually or Rs. 375 per month (plus applicable taxes)
Welcome Benefit: You can earn 4,000 Bonus Membership Rewards Points.

American Express Platinum Travel Credit Card
Joining Fee: Rs. 3,500 (plus applicable taxes)
Renewal Fee: Rs. 5,000 (plus applicable taxes)
Welcome Benefit: 10,000 Membership Rewards Points