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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | -15.9%^ | -7.5%^ | -3.2%^ | 0.4% | 0.7% |
| Est. Monthly Reward (₹) | (800) | (750) | (635) | 180 | 695 |
| All-India Rewards Rank* | 375 | 377 | 377 | 310 | 199 |
| Within Bank Rank* | 5 | 5 | 5 | 5 | 4 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee. |
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The American Express Platinum Reserve Credit Card gives 0.60% effective reward on all spending.
Overall, including milestone rewards, we estimate you can earn a net reward yield of 0.4-0.7% on spending above ₹50,000 with this card in a month.
If you are spending less than ₹20,000 a month on your card, consider American Express SmartEarn Credit Card.
This card can earn you a net reward yield of 1.3-1.9% on monthly spending up to ₹20,000.
If you are spending more than ₹20,000 a month on your card, consider the American Express Platinum Travel Credit Card. This card can earn you a net reward yield of 0.80-1.70% on all your spending.
The Platinum Travel offers a low 0.60% reward on all your spending but earns milestone rewards of ₹4,500 and ₹7,500 on spending ₹1.9 lacs and ₹4.0 lacs within a year.
The Platinum Travel has a non-waivable fee of ₹5,000.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | American Express Platinum Reserve Credit Card |
|---|---|
| Card Type | Reward |
| Reward Features | 1 MR / ₹50 on all expends except fuel & utilities |
| Milestone Rewards | Taj stay voucher worth ₹10,000 on annual spends of ₹5 Lacs |
| Other Rewards | – ₹6,000 Movies and Shopping Voucher / Year
– Complimentary Taj Epicure and EazyDiner Prime membership – 2 Complimentary Golf Games / Mth. – 3 Complimentary Domestic Lounges visits / Qtr. – Complimentary access to American Express Lounges, Priority Pass Lounges and Delta Lounges |
| Rewards Redemption Fee | Nil |
| Reward Caps | Unlimited |
| Preferred Redemption Method | Redeem points on American Express Portal for e-Vouchers @ ₹0.30/ MR points |
| Card | American Express Platinum Reserve Credit Card | |
|---|---|---|
| Joining Fee | ₹5,000 + Taxes | |
| Annual Fee | ₹10,000 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
N/A | |
| Income Criteria | Salaried | ₹6 Lacs p.a. |
| Self-employed | ITR>₹6 Lacs | |
| Supplementary Card Fee | 4 Cards Free | |
| Interest Rate | 42.00% | |
| Foreign Currency Markup | 3.50% | |
| Cash Advance Charge | 3.50% with a minimum of ₹250 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
