American Express® Platinum ReserveSM Credit Card
Fees
₹10,000 + Taxes
Joining & AnnualReward Rate
1 Membership Rewards Point per ₹50 spent (2% base); 3X on select brands via the Rewards Multiplier
Welcome Bonus
Welcome gift benefit on card activation & joining fee payment
Lounge Access
12 Domestic/yr (3/Qtr) + Priority Pass International
FindMyCard Expert Take
The American Express® Platinum ReserveSM Credit Card from American Express offers Luxury Hotel Vouchers, Golf & Airport Lounge Access with an annual fee of ₹10,000 + Taxes.
Pros & Cons
Key Advantages
- 2 complimentary golf rounds/month at 32 premium courses (up to 24/year) on ₹50,000 monthly spend
- 12 domestic lounge visits/year plus a complimentary Priority Pass membership worth $99
- Access to 1,400+ VIP lounges in 100+ countries via Priority Pass
- Fee waiver threshold (Includes 11,000 Membership Rewards points on renewal)
Limitations
- Domestic lounge visits are capped at 3 per quarter
- Golf rounds require ₹50,000 monthly spend to unlock
- Base reward rate of 2% is modest for this fee tier
Editorial Verdict
The American Express® Platinum ReserveSM Credit Card is ideally suited for luxury hotel vouchers, golf & airport lounge access. If you want 1 membership rewards point per ₹50 spent (2% base); 3x on select brands via the rewards multiplier, this card delivers real value. The ₹10,000 + taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (730+) credit to be approved.
Key Perks & Spending Milestones
Accelerated reward earn rate on premium purchases
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Zero lost card liability protection
🚀 Milestone Spends Timeline
Includes 11,000 Membership Rewards points on renewal
Fees & Charging Rates
Annual Fee Waivers
₹10,000 + Taxes
💡 Includes 11,000 Membership Rewards points on renewal
Regular Interest Charges
3.5% per month (42% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| up to 500 | Nil |
| 501 to 1000 | ₹500 |
| 1001 to 5000 | ₹600 |
| 5001 to 10000 | ₹750 |
| 10001 to 25000 | ₹900 |
| 25001 to 50000 | ₹1,100 |
| above 50000 | ₹1,300 |
Insurance & Protection Benefits
air accident cover
Up to ₹50 Lakh
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹25,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 65 years
Compare American Express® Platinum ReserveSM Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| American Express® Platinum ReserveSM Credit Card This Card | ₹10,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (2% base); 3X on select... | 12 Domestic/yr (3/Qtr) + Priority Pass International | 4.8/5 |
| Axis Bank Reserve Credit Card | ₹50,000 + Taxes | 15 EDGE points per ₹200 domestic spend; 30 EDGE points per ₹200... | Unlimited + 12 Guest Visits/yr | 4.9/5 |
| IDFC FIRST Diamond Reserve Credit Card | ₹3,000 + Taxes | Up to 60 points per ₹150 on hotel bookings (10% value-back) and 40... | 8 Domestic + 8 International/yr (₹20K Spend) | 4.9/5 |
| SBI Aurum Card | ₹9,999 + Taxes | 4 Reward Points per ₹100 on all spends (1% base); up to 3.7%... | 4 Domestic/Qtr + Unlimited International | 4.8/5 |