American Express Platinum Travel Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Receive a Welcome Gift of 10,000 Membership Rewards Points when you join. Earn 1 Membership Rewards Point for every Rs. 50 spent. Unlock Milestone benefits based on your spending, such as reaching Rs. 1.9 lakh or 4 lakh in a membership year. Enjoy a complimentary stay voucher at Taj when you spend Rs. 4 lakh in a membership year. Get access to 8 domestic airport lounges every year (maximum 2 per quarter). Pay 0% convenience fee at all HPCL fuel stations in India.

The American Express Platinum Travel Credit Card is a travel-focused credit card that offers a range of benefits and rewards for frequent travelers.

With no joining fee and a renewal fee of Rs. 5,000 + GST, this card is designed to offer value for money for those who travel frequently.

One of the key features of this credit card is the reward program.

It offers Reward Points as its reward type, allowing cardholders to earn 1 Membership Rewards Point for every Rs. 50 spent on shopping.

This makes it easy to accumulate points and redeem them for various rewards.

To welcome new cardholders, the American Express Platinum Travel Credit Card offers a welcome benefit of 10,000 Membership Rewards Points.

This is a great way to kickstart the rewards journey and make the most of the card's features.

When it comes to dining, cardholders can enjoy up to a 20% discount at select restaurants, making eating out a more affordable and enjoyable experience.

For movie buffs, the card offers attractive dining benefits, making it even more enticing for those who enjoy dining and entertainment.

For frequent travelers, this credit card provides a range of travel benefits.

Cardholders can enjoy complimentary domestic airport lounge access once per year, allowing them to relax and unwind before their flight.

Additionally, the card offers 2 domestic lounge access every quarter, which adds up to 8 access passes each year.

Furthermore, cardholders can also avail themselves of a Priority Pass membership for international lounge access, with the USD 99 annual fee waived off.

While the American Express Platinum Travel Credit Card does not offer golf benefits or insurance benefits, it still stands out with its travel perks and rewards.

The card does not have a spend based waiver, but it does not charge any rewards redemption fee.

This means that cardholders can redeem their rewards without any additional fees.

When it comes to foreign currency transactions, the card charges a markup fee of 3.5% of the transaction amount.

While this may not be the most competitive rate in the market, it is important to consider this if you plan to use the card for international transactions.

The interest rate for this credit card is 3.5% per month, which is in line with industry standards.

Cardholders should be mindful of this rate and make timely payments to avoid any unnecessary interest charges.

For fuel transactions, the card does not charge a fuel surcharge at HPCL fuel stations for transactions up to Rs. 5,000.

However, transactions above Rs. 5,000 will attract a 1% surcharge.

This can be advantageous for those who frequently refuel at HPCL stations.

If you require cash advances, the American Express Platinum Travel Credit Card allows them.

However, it charges a fee of 3.5% of the transaction amount, with a minimum charge of Rs. 250.

It is advisable to use cash advances sparingly and pay them off as quickly as possible to minimize interest charges.

Overall, the American Express Platinum Travel Credit Card offers attractive benefits and rewards for frequent travelers.

With its focus on travel perks and reward points, it is well-suited to those who enjoy exploring new destinations.

With no joining fee and a manageable renewal fee, this credit card offers good value for money.