logo-icon

RewardMatrix

American Express Platinum Travel

The American Express Platinum Travel Credit Card is a premium travel card offering high reward rates through milestone benefits, lounge access, and Taj hotel vouchers.

amex-platinum-travel

American Express Platinum Travel

Add to compare

Intro Offer

10,000 Membership Rewards Points

Annual Fees

5000

Joining Fees

3500

Reward Rate

2.00 - 2.00 %

RewardMatrix Rating

4.5

Card Overview

The American Express Platinum Travel Credit Card caters to frequent travelers and high spenders. Its value proposition revolves around achieving spending milestones that unlock substantial bonus Membership Rewards points and Taj hotel vouchers. While the base reward rate is modest, the significant milestone bonuses can boost the overall return considerably for those who meet the spending requirements. The card provides a welcome bonus and milestone rewards redeemable for travel bookings, shopping vouchers, or transfer to airline and hotel loyalty programs. Travel benefits include domestic lounge access and a complimentary Priority Pass membership (though international lounge access fees still apply). Additional perks like dining discounts and fuel surcharge waivers enhance the card's appeal. While the annual fee is notable, the potential rewards and benefits can outweigh the cost for those who maximize the card's features. However, the lack of complimentary international lounge access and insurance coverage might be drawbacks for some international travelers. Consider your spending habits and travel patterns to determine if this card aligns with your needs.

Intro Offers

#1

10,000 Membership Rewards Points

Condition: Spend ₹15,000 within 90 days of card membership.

Fees

Annual Fee

5K

Joining Fee

3.5K

Forex Fee

3.5%

Eligibility

  • #1

    Credit Score

    750 or above (recommended)

  • #2

    Annual Income

    ₹6 Lakh and above

  • #3

    Residency

    Indian permanent residential address

  • #4

    Bank Account

    Savings or current account at an Indian or multinational bank in India

Reward Points

2%

Total retail spend in a month

1.00 Membership Rewards Points for every ₹50 spent

Examples:

  • Spending ₹10,000 on retail purchases earns you 200 Membership Rewards Points.

  • Spending ₹2,00,000 (above the ₹1.9 Lakh milestone) earns 4000 points + 15000 bonus points = 19000 Membership Rewards Points.

  • Spending ₹5,00,000 (above the ₹4 Lakh milestone) earns 10000 points + 15000 + 25000 bonus points = 50000 Membership Rewards Points.

Exclusions:

Fuel

Insurance

Utilities

Cash Transactions

EMI Conversion at POS

Milestones

Milestone #1

15,000 bonus Membership Rewards points redeemable for Flipkart voucher or Pay with Points option in American Express® Travel Online platform worth Rs. 4,500

Spend ₹1.90 Lakhs in a card membership year.

Milestone #2

25,000 bonus Membership Rewards Points redeemable for Flipkart voucher or Pay with Points option in American Express® Travel Online platform worth Rs. 7,500 and Taj Stay voucher worth Rs. 10,000

Spend ₹4 Lakhs in a card membership year.

Redemptions

AIRLINE PARTNERS

List of conversion options of airline partners.
Airline PartnerConversion RateMultiplier
Cathay Pacific (Asia Miles)800 Points = 400 Asia Milesx0.5
British Airways (Avios)1,200 Points = 600 Aviosx0.5
Emirates800 Points = 400 Emirates Skywards Milesx0.5
Etihad Airways1,600 Points = 800 Etihad Guest Milesx0.5
Qatar Airways500 Points = 250 Aviosx0.5
Singapore Airlines800 Points = 400 KrisFlyer Milesx0.5
Virgin Atlantic800 Points = 400 Virgin Pointsx0.5

HOTEL PARTNERS

List of conversion options of hotel partners.
Hotel PartnerConversion RateMultiplier
Hilton Honors1,000 Points = 900 Hilton Honors Pointsx0.9
Marriott Bonvoy100 Points = 100 Marriott Bonvoy Pointsx1

GIFT VOUCHERS

List of conversion options of gift voucher merchants.
Partner BrandConversion RateMultiplier
Flipkart18,000 Points = Rs. 6,000 Flipkart Voucherx0.33
Amazon18,000 Points = Rs. 6,000 Amazon Gift Cardx0.33
Flipkart24,000 Points = Rs. 8,000 Flipkart Voucherx0.33
Amazon24,000 Points = Rs. 8,000 Amazon voucherx0.33
Taj Hotels18,000 Points = Rs. 9,000 Taj Voucherx0.5
Taj Hotels24,000 Points = Rs. 14,000 Taj Voucherx0.58

Rewards Calculator

ON MONTHLY SPEND
Reset
20KYour monthly expenditure

Total retail spend in a month (₹)

2.00% rewards

0
REWARD POINTS EARNED
0 Membership Rewards Points earned per year
POINT REDEMPTION OPTIONS
0 Airline miles

OR

0 Hotel points

OR

0 Worth of gift vouchers

Lounge Access

Domestic

2 complimentary visits per quarter.

International

Priority Pass Membership (USD 99 fee waived, usage fees apply)

Discounts

Dining

Up to 20% off at partner restaurants

Fuel

0% convenience fee at HPCL fuel pumps (transactions below ₹5,000)

Conditions:
  • Transactions below ₹5,000 at HPCL pumps
Movie
No Movie discounts on this card

Insurance Coverage

No insurance coverage available on this card.

Other Features

Concierge Services

  • Platinum Assist
  • Emergency card replacement

EMI Conversion

Available for purchases of ₹5,000 or above

Fraud Protection

Zero Lost Card Liability (if reported within 3 working days)

Pros & Cons

PROS
  • High Milestone Rewards

    Earn substantial bonus Membership Rewards points by reaching spending milestones.

  • Taj Hotel Vouchers

    Receive valuable Taj hotel vouchers upon reaching the highest spending tier.

  • Domestic Lounge Access

    Enjoy complimentary access to domestic airport lounges.

  • Flexible Rewards Redemption

    Redeem points for travel, shopping, or transfer to loyalty programs.

CONS
  • Moderate Annual Fee

    The annual fee might be a concern for those who don't maximize the card's benefits.

  • No Complimentary International Lounge Access

    International lounge access requires paying a usage fee with the Priority Pass.

  • No Insurance Benefits

    Lacks travel insurance coverage commonly found in other travel cards.

Who should get this card

quote icon

This card is ideal for individuals who: - Are frequent domestic travelers. - Can consistently spend enough to reach the milestone benefits. - Value Taj hotel stays and other travel rewards. - Frequently use Flipkart for online shopping. - Are comfortable with a moderate annual fee in exchange for potentially high rewards.

Similar Cards

hdfc-infinia-metal

HDFC Infinia Metal

4.8

RewardMatrix Rating

12500

Annual Fees

12500

Joining Fees

3.33 - 33.33 %

Reward Rate

axis-atlas

Axis Atlas

4.0

RewardMatrix Rating

5000

Annual Fees

5000

Joining Fees

2.00 - 5.00 %

Reward Rate

axis-magnus-standard

Axis Magnus

4.0

RewardMatrix Rating

12500

Annual Fees

12500

Joining Fees

6.00 - 30.00 %

Reward Rate