American Express® Platinum ReserveSM Credit Card is one of the Best American Express Credit Card that Amex offers. It is basically the second most premium category card, next to the Platinum card. Let us have a look at its key highlights and features:
| Key Highlights | |
| Best Suited for | Lifestyle & Travel |
| Joining Fee | INR 5,000 + Applicable Taxes |
| Annual/ Renewal Fee | INR 10,000 + Applicable Taxes |
| Minimum Income Requirement | INR 6 Lakh p.a. |
| Welcome Benefit | 11,000 Membership Rewards Points on the payment of the first year’s annual fee |
| Reward Benefit | 1 Membership Rewards Point for every INR 50 spent via this credit card |
| Travel Benefit | Complimentary domestic lounge access; Complimentary Priority Pass Membership |
| Renewal Benefit | Taj stays voucher worth INR 10,000 on spending INR 5 Lakh annually. |
Table of Contents
Features and Benefits
Mentioned below are the features and benefits of American Express® Platinum ReserveSM Credit Card:
· Enjoy a movie or online shopping voucher worth INR 6,000 per year.
· Add luxury to your lifestyle with a complimentary Taj Epicure and EazyDiner Prime membership.
· Enjoy complimentary access twice a month to more than 32 lush green courses all across India.
· Get complimentary domestic airport lounge access all across India.
· Get a Priority Pass with the US$99 annual membership fee waived.
· Get a Taj stay voucher worth INR 10,000 when you spend INR 500,000 in a card membership year and pay the annual fees of INR 10,000 on your card.
· Earn 1 Membership Rewards® Point for every INR 50 spent except in the case of fuel, insurance, utilities, cash transactions, and EMI conversion.
· Get the reward points redeemed for over 500 options across travel, dining, accessories and more.
· Pay for the flights with Membership Rewards Points through ‘Pay with Points.
· Personal air-accident cover worth INR 1 crore
· No fuel surcharge at HPCL fuel stations for transactions of up to INR 5,000 (1% surcharge applicable thereafter) will be applicable.
· Get a 1% fuel surcharge at IOCL and BPCL fuel stations (subject to a minimum surcharge of INR 10).
· Get a 2.5% fuel surcharge at remaining filling stations (subject to a minimum surcharge of INR 10).
Why should you apply for this Card?
Mentioned below are the reasons to apply for American Express® Platinum ReserveSM Credit Card:
· If you want to get a premium lifestyle and travel benefits.
· If you do not want to opt for an exemplary reward rate.
· If you frequently shop online or book movie tickets.
· If you do not commute on a daily basis, there is less requirement for fuel.
· If you can pay a fee as high as INR 10,000.
· If you are a frequent traveller.
· If you want complimentary lounge access.
Steps to Apply for an Amex Card Online
Mentioned below are the steps to apply for Amex Credit Card:
Step 1: Visit the webpage of American Express Credit Card.
Step 2: Compare all the cards on offer and choose one of them as per the choice.
Step 3: Click on the tab “Apply Now”.
Step 4: It will redirect to a separate window. Now, enter your personal details, including name, date of birth, income, PAN, and address.
Step 5: Click the tab “Save” and continue to the next page.
Step 6: Provide financial information like bank details and click on “Save”.
Step 7: After its submission, a confirmation for the receipt of the application will be received.
Step 8: To prove legal status and identity, necessary documents would be asked for.
Step 9: Upon successful application, the bank will contact the customer within 15 days, and in case it is not, the bank will notify the same within the next 90 days.
Fees & Charges
Mentioned below are the fees and charges to apply for American Express® Platinum ReserveSM Credit Card:
| Type of Fee or Charge | Amount |
| Joining Fee | INR 5,000 + Applicable Taxes |
| Annual/ Renewal Fee | INR 10,000 + Applicable Taxes |
| Finance Charges | 3.5% p.m. |
| Cash Advance Fee | 3.5% (Minimum of INR 250) |
Eligibility Criteria
Mentioned below are the eligibility parameters for applying for American Express® Platinum ReserveSM Credit Card:
· The minimum age of an applicant is 18 years.
· An applicant shall have a savings or current account at an Indian or Multinational Bank.
· The minimum income in the case of both salaried and self-employed individuals is INR 6 lakhs. In the case of self-employed, the age of the company should be more than 12 months.
· An applicant should have a good credit history.
· An applicant should have a permanent residence in India.
Documents Required
Mentioned below is the list of documents required to apply for Amex Credit Cards:
| Particulars | Documents Required |
| Proof of Identity | · PAN Card· Passport· Overseas Citizen of India Card· Letters issued by the UIDAI/ Any other government-approved photo ID proof· Job card issued by NREGA· Aadhaar card· Driver’s License· Voter’s ID· Person of Indian Origin Card |
| Proof of Address | · Aadhaar card· Property Registration Document· Passport· Bank Account Statement/ Any other government-approved address proof· Driver’s License· Person of Indian Origin Card· Ration Card· Utility Bills not more than 3 months old· Job card issued by NREGA |
| Proof of Income | · Latest 2 salary slips · Last 3 months’ bank statement· Latest Form 16 |
Prerequisites for making American Express Credit Card Payment:
Mentioned below are the prerequisites for making an Amex Credit Card Payment:
· Payments can only be made from the Primary cardholder’s account.
· American Express shall not be liable for any process nor provide any warranties/guarantees for any of the payments made by the cardholder via any mode that does not appear on American Express’s website.
· Payments made towards an Indian-issued Amex card held by an NRI must be made only through an NRE/ NRO account of the Primary card holder.
The time taken for various methods of payments are as mentioned below:
| Category | Time Taken |
| Bill Desk | 1-2 business days |
| UPI | By next day (if initiated before 5 pm) |
| NEFT | By the next day |
| Direct Debit / NACH | Debited before the due date |
| Courier | Up to 4 days |
| Drop Box | Up to 2 days |
