American Express Platinum Charge Card

The American Express Platinum Charge Card stands out as a premier offering from the renowned card issuer. Positioned as a high-tier credit card, it offers a plethora of travel benefits to enhance your travel experiences. Enjoy exclusive perks such as special discounts at major hotel chains and airlines. Noteworthy privileges include unlimited complimentary access to domestic and international airport lounges. As one of the two Charge Cards currently offered by American Express, it distinguishes itself with the absence of a preset credit limit, adding a unique dimension to its features beyond the travel benefits.

Key Highlights of American Express Platinum Charge Card

Unlock unparalleled benefits with the American Express Platinum Charge Card.

  1. Target Audience: Ideal for travel enthusiasts and avid shoppers.
  2. Cost: Annual fee of Rs. 60,000 plus taxes.
  3. Income Criteria: Salaried applicants need a minimum income of Rs. 25 Lakh p.a., while self-employed applicants require Rs. 15 Lakh p.a.
  4. Welcome Perk: Receive stay vouchers worth Rs. 45,000 at Taj, SeleQtions, and Vivanta Hotels.
  5. Key Feature: Enjoy exceptional travel advantages and access multiple lounge programs.

Features and Benefits of American Express Platinum Charge Card

The American Express Platinum Charge Card offers several features and benefits:

1. Welcome Benefits:

  • Earn stay vouchers from Taj, SeleQtions, and Vivanta Hotels worth Rs. 45,000 by spending Rs. 50,000 in the initial two months.

2. Travel Benefits:

  • Unlimited domestic lounge access and global access to 1,200+ lounges.
  • Fast track upgrades to elite hotel loyalty program memberships.
  • 25% off at Taj, SeleQtions, and Vivanta Hotels.
  • Exclusive deals with top airlines, complimentary 5-star hotel benefits, and a 24×7 global concierge service.
  • Travel insurance, including a Rs. 5 crore life cover.

3. Movie and Dining Benefits:

  • Up to 50% off at 1800+ premium restaurants, VIP helpline, and preferential reservations.

4. Golf Benefits:

  • Complimentary access to 30+ golf courses in India and 50+ worldwide.

5. Fuel Surcharge Waiver:

  • No fuel surcharge at HPCL for transactions up to Rs. 5,000.
  • 1% surcharge at BPCL and IOCL (min. Rs. 10).
  • 2.5% surcharge at other fuel stations (min. Rs. 10).

6. Insurance Benefits:

  • Travel insurance coverage, including Rs. 5 crore personal air accident cover.
  • Protection against loss/damage of goods, wallet protection (Rs. 15 Lacs), and emergency assistance/cash.

7. Zero Liability Protection:

  • No liability for fraudulent transactions if reported within 3 days; otherwise, limited to Rs. 1,000.

American Express Platinum Charge Card Fees and Charges

Explore the fee structure for the American Express Platinum Charge Card and discover the financial advantages that come with it.

1. Annual Fee:

  • The American Express Platinum Card requires an annual membership fee of Rs. 60,000.

2. Interest Rate:

  • If the American Express Platinum Credit Card bill is not paid in full by the due date, a monthly interest of 3.5% is applied to the outstanding amount.

3. Cash Advance Fee:

  • For cash withdrawals at ATMs, American Express imposes a cash advance fee amounting to 3.5% of the withdrawn amount.

4. Foreign Currency Mark-up:

  • All foreign currency transactions with the American Express Platinum Card incur a forex mark-up fee, which is 3.5% of the transaction amount.

Eligibility Criteria for American Express Platinum Charge Card

Here are essential criteria for applying for an American Express Platinum Charge Card:

  1. Age requirement: You need to be 18 years or older.
  2. Annual income for salaried applicants: Minimum Rs. 25,00,000.
  3. Annual income for self-employed applicants: Minimum Rs. 15,00,000, with the company trading for at least 12 months.
  4. Residency requirement: You must be a resident of specific cities, including Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh/Tricity, Ahmedabad, Surat, Vadodara, Bhopal, Bhubaneshwar, Ernakulam, Vijayawada, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum, Mysuru, Cuttack, and Vizag.

How to apply for American Express Platinum Charge Card

Follow these steps to apply for the American Express Platinum Charge Card online:

  1. Visit the official American Express website to apply for the Platinum credit card.
  2. Choose the Platinum card from the available options.
  3. Complete an online form with your personal and financial information.
  4. Submit required documents, including identity proof, address proof, and income proof.
  5. Ensure accuracy of entered details for verification.
  6. Once approved, expect the card to be delivered to your provided address.

Frequently Asked Questions (FAQs)

1. What is the American Express Platinum Charge Card?

The American Express Platinum Charge Card is a premium credit card offering a range of exclusive benefits, rewards, and privileges for cardmembers. It is designed for individuals who seek luxury and personalized services.

2. What are the key features of the American Express Platinum Charge Card?

The card comes with features such as airport lounge access, travel benefits, fine dining privileges, concierge services, and exclusive events. It also offers a Membership Rewards program for earning points on eligible purchases.

3. How can I apply for an American Express Platinum Charge Card?

You can apply for the card online through the American Express website or by contacting their customer service. The application typically involves providing personal and financial information for assessment.

4. What is the annual fee for the American Express Platinum Charge Card?

The annual fee for the Platinum Charge Card is typically higher compared to standard credit cards. It is advisable to check the current fee structure on the American Express website or contact customer service for the most accurate information.

5. What is the Membership Rewards program, and how does it work?

The Membership Rewards program allows cardmembers to earn points on eligible purchases. These points can be redeemed for a variety of rewards, including travel, merchandise, and statement credits. The redemption options may vary, so it’s recommended to review the rewards catalog.

6. Does the American Express Platinum Charge Card offer travel benefits?

Yes, the card often includes travel benefits such as airport lounge access, complimentary hotel stays, travel insurance coverage, and access to premium travel services. Specific benefits may vary, so it’s important to check the terms and conditions.

7. What kind of customer support does American Express provide for Platinum Charge Card members?

American Express typically provides dedicated customer support for Platinum Charge Card members, including a 24/7 concierge service to assist with travel arrangements, reservations, and other personalized requests.

8. Are there any foreign transaction fees associated with the Platinum Charge Card?

It’s important to check the terms and conditions, as fees may apply for foreign transactions. Some premium cards, including the Platinum Charge Card, may offer benefits such as no foreign transaction fees, but it’s advisable to confirm this information.

9. How can I access airport lounges with the American Express Platinum Charge Card?

Cardmembers often gain access to various airport lounges worldwide through programs like Priority Pass. The specific lounge access details, including participating lounges and guest policies, can be found in the card’s benefits guide.

10. What security features are provided with the American Express Platinum Charge Card?

The card typically comes with advanced security features, including fraud protection, purchase protection, and account monitoring. Cardmembers can also set up account alerts and use additional security measures provided by American Express.