American Express Platinum Charge Card Review (2024)

Are you looking for a credit card that provides you with all the travel benefits, the American Express Platinum Charge Card is the perfect credit card. This is a credit card that provides its cardholders unlimited complimentary domestic and international airport lounge access. Let us dig in deep into this credit card and see how this credit card provides benefits to its cardholders.

American Express Platinum Charge Card: Fees and Charges

• Foreign Money Charge: When you use your American Express Platinum Charge Card to buy stuff from other countries, you have to pay 3.5% more of what you spent. So, if you spend a lot in another country, you’ll have to give a little extra too!
• Interest Rates: If you don’t pay back the money you used with your American Express Platinum Charge Card, then every month they will charge you 3.5% more on the amount you still owe. So, it’s better to pay it back quickly!
• Fuel Charges: If you use your American Express Platinum Charge Card at HPCL gas stations, you won’t have to pay extra, but only for buying up to Rs. 5,000. At BPCL and IOCL stations, they will make you pay 1% more, and at other gas stations, it’s even higher with a 2.5% extra fee.
• Cash Advance Fees: If you take cash out using your American Express Platinum Charge Card, you have to pay 3.5% of the money you take. Even if you take a little, the smallest amount you will have to pay is Rs. 250! So, taking cash can cost a lot.

American Express Platinum Charge Card Details

• Welcome Gift: When you get the American Express Platinum Charge Card, you get cool gift vouchers worth ₹45,000! That’s a lot of free stuff!
• Earn Points: For every ₹40 you spend with your American Express Platinum Charge Card, you get 1 Membership Reward point. But, this doesn’t work for paying bills or insurance stuff.
• Fuel Points: When you spend ₹100 on fuel with your card, you can get up to 5 Membership Reward points. More points just for getting gas!
• More Points Abroad: If you spend money in other countries with your American Express Platinum Charge Card, you earn 3X more points! That’s 3 times the rewards!
• 5X Points: You can get 5X Membership Reward points when you shop at AmEx’s Rewards Multiplier portal. More points faster!
• No Credit Limit: The American Express Platinum Charge Card doesn’t have a fixed spending limit. 
• 24/7 Concierge: You get a 24×7 global concierge service. They help you out with travel, reservations, and more, anytime you need!
• Travel Insurance: The card gives you special travel insurance. It even includes personal air-accident insurance worth up to ₹5 crores! That’s huge!
• Dining Discounts : Get up to 50% off at over 1,800 fancy restaurants in India. Plus, you get a free membership to EazyDiner Prime, which helps you get even more deals!
• Airport Lounge Access: With your American Express Platinum Charge Card, you can chill in over 1,300 airport lounges around the world, including Centurion Lounges and American Express Lounges!

Advantages and Disadvantages of American Express Platinum Charge Card

Advantages

• Free Lounge Access: With your American Express Platinum Charge Card, you can enter airport lounges for free in both India and other countries. 
• Dining Deals: This card gives you up to 50% off at partner restaurants. That means you can eat at cool places and pay less!

Disadvantages

• High Annual Fee: The American Express Platinum Charge Card has high yearly fee of Rs. 60,000. 
• No Fee Waiver: There’s no way to skip the yearly fee with this card. You have to pay for it, no matter what!

Rewards Offers of American Express Platinum Charge Card

• Movie & Dining: You get a free membership to EazyDiner and up to 50% off at 1,800 nice restaurants all over India. Eat more, pay less!
• Rewards Rate: With your American Express Platinum Charge Card, you get 1 Membership Reward point for every Rs. 40 you spend. You earn 3X points when you spend money in other countries and 5X points when you shop on the AmEx Rewards Multiplier portal.
• Reward Redemption: You can use your Membership Reward points to get things like dining deals, travel tickets, and even cool accessories on AmEx’s Rewards Redemption portal.
• Domestic Lounge Access: You can enter airport lounges in India for free, as much as you want!
• International Lounge Access: You can get into over 1,300 airport lounges around the world, including American Express Lounges, Priority Pass Lounges, and Delta Lounges. That’s a lot of places to chill!
• Golf: You can play golf at premium golf courses in both India and other countries, and it’s totally free!
• Insurance Benefits: You get Rs. 5 crore of personal air accident insurance, and if you lose your luggage, passport, or documents, you get Rs. 50,000 to cover it. Plus, you get USD 50,000 for medical insurance when traveling overseas for the first 7 days of your trip. So, you’re super safe!

Eligibility Criteria of American Express Platinum Charge Card

• Age Requirement – You Gotta Be 18 or Older: To get the American Express Platinum Charge Card, you need to be at least 18 years old.
• Income Requirement – How Much You Need to Earn: If you have a job, you need to make at least ₹25,00,000 a year. If you run your own business, you need to earn at least ₹15,00,000 a year, and your company must have been around for at least 12 months.
• Where You Must Live – Cities You Can Be From: You need to live in one of these cities: Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Kolkata, Indore, Coimbatore, Chandigarh/Tricity, Ahmedabad, Surat, Vadodara, Bhopal, Bhubaneswar, Ernakulam, Vijayawada, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum, Mysuru, Cuttack, or Vizag.

Application Process for American Express Platinum Charge Card

• Visit the Website: Go to the American Express Credit Card or Charge Card page to begin.
• Choose the Right Card: Look at all the different cards and pick the one that’s best for you.
• Apply for the Card: Hit the ‘Apply now’ button on the website.
• Fill Out the Form: A new window will pop up with a form. You need to put in your name, birthday, how much money you make, PAN number, and where you live. Click the ‘Save’ button and then you can go to the next page.
• Add More Details: On the next page, you’ll need to give more details about your bank. Fill this in, save it, and check it before you finish.
• Get Confirmation: After you send it in, you’ll get a message saying we’ve received your application.
• Send Documents: We’ll ask for any documents to show your legal status and who you are.
• Wait for a Decision: If your application is approved, we’ll let you know within 15 days. If not, we’ll tell you the decision within 90 days.

FAQs