American Express Platinum Reserve Credit Card

The Platinum Reserve credit card stands as American Express’s second-tier premium option, surpassed only by the Platinum charge card. While often perceived as a travel credit card due to benefits like Taj Epicure membership and Hotel Collection perks, it extends beyond travel with exclusive dining privileges, complimentary golf, and movie vouchers. AmEx’s renowned brand value further distinguishes it from competitors like Visa and MasterCard. In this detailed exploration, we uncover the myriad features and advantages that come with this prestigious card.

Key Highlights of American Express Platinum Reserve Credit Card

Unlock unparalleled benefits with the American Express Platinum Reserve Credit Card.

  1. Welcome Bonus: Receive 11,000 Membership Rewards Points upon card activation.
  2. Earning Points: Earn 1 Membership Rewards Point for every Rs. 50 spent, excluding fuel, insurance, utility, and EMI conversions.
  3. Milestone Benefits: Unlock monthly vouchers for Flipkart, BookMyShow, or other brands as milestone rewards.
  4. Lounge Access: Enjoy complimentary visits to domestic airport lounges and a free Priority Pass membership.
  5. Taj Epicure Membership: Avail complimentary membership of Taj Epicure for added privileges.
  6. Golf Privileges: Access 32 premium golf courses across India with 2 complimentary rounds every month.
  7. Dining Offers: Benefit from dining perks through a complimentary EazyDiner Prime membership.
  8. Concierge Service: Access the 24×7 American Express concierge service for personalized assistance.
  9. Insurance Coverage: Receive air accident insurance cover worth Rs. 1 crore for added security.

Features and Benefits of American Express Platinum Reserve Credit Card

The American Express Platinum Reserve Credit Card offers several features and benefits:

Benefits of American Express Platinum Reserve Credit Card:

  1. Vouchers: Receive Rs. 6,000 movie or online shopping vouchers annually.
  2. Memberships: Enjoy complimentary Taj Epicure and EazyDiner Prime memberships.
  3. Lounge Access: Get free access to domestic lounges across India.
  4. Global Access: Avail complimentary access to American Express and Priority Pass lounges with waived $99 annual membership fee.
  5. Golfing Privileges: Access 32 lush green courses in India twice monthly.
  6. Taj Stay Voucher: Spend Rs. 5 lakh yearly, pay Rs. 10,000 annual fee, and receive a Rs. 10,000 Taj stay voucher.

Privileges and Offers:

  1. Health and Wellness: Enjoy discounts on healthcare packages from Max Healthcare, Fortis Healthcare, and Texas Medical Concierge.
  2. Golfing Benefits: Access 25 premier golf courses with zero green fees, discounted golf lessons.
  3. Elite Tier Membership: Gain Taj Epicure and EazyDiner Prime membership.
  4. Lounge Access: Access domestic airport lounges, American Express® Lounge (Delhi, Mumbai), and Priority Pass membership.
  5. Supplementary Cards: Receive 4 free supplementary cards with identical features.
  6. Concierge Services: Dedicated Platinum concierge for bookings and assistance.
  7. Purchase Protection: Items purchased are protected; refund for theft or damage within 60 days.
  8. 24X7 Assistance: Resolve card-related queries through 24X7 Platinum Assist toll-free helpline.
  9. Contactless Payments: Make contactless payments without a PIN for transactions under Rs. 5,000.
  10. Lost Card Protection: Report loss within 3 days for 0% liability on transactions.
  11. Fuel Benefits: Enjoy a 0% convenience fee at HPCL stations nationwide.

American Express Platinum Reserve Credit Card Fees and Charges

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

1. Joining Fee: Rs. 5,000 + GST
2. Renewal Fee: Rs. 10,000 + GST

  • Spend Based Waiver: Not Applicable

3. Rewards Redemption Fee: Nil
4. Foreign Currency Markup: 3.5% of the transaction amount
5. Interest Rates: 3.5% per month
6. Fuel Surcharge:

  • Waived at HPCL fuel stations for transactions up to Rs. 5,000
  • 1% surcharge on BPCL and IOCL stations
  • 2.5% surcharge at all other fuel stations.

7. Cash Advance Charges: 3.5% of the advanced amount, minimum Rs. 250.

8. Add-on Card Fee:

  • 4 add-on cards free
  • Rs. 1,500 / card chargeable for each additional card.

Eligibility Criteria for American Express Platinum Reserve Credit Card

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

1. Age Criteria:

  • Salaried Employees: Must be above 18 years.
  • Self-Employed Individuals: Must be above 18 years.

2. Income Criteria:

  • Salaried Employees: Minimum annual income of Rs. 6,00,000.
  • Self-Employed Individuals: Minimum annual income of Rs. 6,00,000 (as per ITR) and the business should be at least 12 years old.

Documents Required for American Express Platinum Reserve Credit Card

To apply for the American Express Platinum Reserve Credit Card, you will typically need to provide the following documents:

  1. Present proof of income, identity, and residential address for card application.
  2. Required documents include a photocopy of your PAN card and a recent photograph.
  3. The bank will communicate any additional document requirements to you.

How to apply for American Express Platinum Reserve Credit Card

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

  1. Apply online for the American Express Platinum Reserve Credit Card on their official website.
  2. Choose the card that matches your eligibility criteria.
  3. Complete the application form provided on the website.
  4. Submit the necessary documents for verification.
  5. The bank will review your information and proceed with your request.

Frequently Asked Questions (FAQs)

1. What is the American Express Platinum Reserve Credit Card?

The American Express Platinum Reserve Credit Card is a premium credit card that offers a range of exclusive benefits, rewards, and privileges to cardholders. It is designed for individuals who seek luxury and prefer premium services.

2. What are the key features of the Platinum Reserve Credit Card?

The card features include airport lounge access, complimentary hotel stays, exclusive dining privileges, travel insurance, and a rewards program with points that can be redeemed for various benefits.

3. How do I apply for the American Express Platinum Reserve Credit Card?

You can apply for the card online through the official American Express website. The application process typically involves providing personal and financial information, and approval is subject to creditworthiness.

4. What is the annual fee for the Platinum Reserve Credit Card?

The annual fee for the Platinum Reserve Credit Card may vary, and it is advisable to check the latest fee structure on the American Express website or contact customer service for the most accurate information.

5. Can I earn rewards with the Platinum Reserve Credit Card?

Yes, the card comes with a rewards program where you can earn points for every eligible purchase. These points can be redeemed for travel, shopping, dining, and other exclusive experiences.

6. Does the Platinum Reserve Credit Card offer travel benefits?

Yes, the card provides a range of travel benefits, including airport lounge access, complimentary hotel stays, travel insurance coverage, and other perks designed to enhance the cardholder’s travel experience.

7. How can I access airport lounges with the Platinum Reserve Credit Card?

Cardholders can enjoy complimentary access to airport lounges through programs like Priority Pass and American Express Centurion Lounges. Details on lounge access are typically outlined in the card’s terms and conditions.

8. Are there any foreign transaction fees with the Platinum Reserve Credit Card?

It’s important to check the card’s terms and conditions for the latest information on foreign transaction fees. Premium cards like the Platinum Reserve may offer benefits such as waived foreign transaction fees, but it’s always good to verify.

9. How can I contact customer service for the Platinum Reserve Credit Card?

You can contact American Express customer service using the phone number provided on the back of your card or on the official website. Online chat and secure messaging options are also available through the cardholder portal.

10. What security measures are in place for the Platinum Reserve Credit Card?

The Platinum Reserve Credit Card incorporates various security features, including fraud protection, real-time alerts, and the option to set spending limits. Additionally, American Express employs advanced encryption to safeguard cardholder data.