* 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.
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.
Redeem points on American Express Portal for e-Vouchers
@ ₹0.30/ MR points
Redeem your Points from the fabulous 18 and 24 Karat Gold Collection
You can achieve a conversion rate as high as ₹0.50-0.58 on collecting 18,000 (₹9 lacs) or 24,000 (₹12 lacs) reward points. This will be based on redemption via their 18 & 24 Karat Gold Collection Vouchers.
Fees & Charges
Card
American Express Gold Credit Card
Joining Fee
₹1,000 + Taxes
Annual Fee
₹4,500 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
Nil
Income Criteria
Salaried
₹6 Lacs p.a.
Self-employed
ITR>₹6 Lacs
Supplementary Card Fee
1 Free Card
2nd onwards at ₹1,000 + Taxes
Interest Rate
42.00%
Foreign Currency Markup
3.50%
Cash Advance Charge
3.50% with a minimum of ₹250
References & Footnotes
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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.