American Express Platinum Travel Credit Card Review (India)

By | April 6, 2016
American Express Platinum Travel Credit Card

American Express Platinum Travel Credit Card (Its Plat reserve card in image, but its identical)

One of my friend recently reviewed about his Amex Gold Charge Card and from the responses and queries i received on that card, it appears that many are interested in it even though its very much less rewarding card. Well, Amex does their cool marketing magic to sell those gold charge cards. However, its still a charge card, means, your credit limit can be really high which is one of the major reason that you might consider holding one. Here, lets see a bit of details about the Amex Platinum Travel credit card.

To put in short, American Express Platinum travel Card is useful only for frequent flyers, especially Indigo flyers, because most of the milestone rewards on this card gives you only Indigo vouchers. You can also redeem your rewards points from over 600 other redemption options, but the point value is high only when you opt-for Indigo vouchers.

American Express Platinum Travel Credit Card Rewards:

  1. Welcome Gift: Rs.4,000 Worth Indigo Vouchers
  2. Spend Rs.1.90 lakhs in a year to get: Rs.7,700 Worth Indigo Vouchers
  3. Spend Rs.4 lakhs in a year to get: Rs.11,800 Worth Indigo Vouchers + Rs.10,000 Voucher from the Taj Group

So basically you spend Rs.4 Lakhs and get Rs.23,500 worth of Indigo Vouchers & Rs.10,000 Voucher from the Taj Group = Rs.33,500 in Total.

That’s an awesome ~8% Reward rate and stands above all premium cards like HDFC Regalia, HDFC Infinia and Diners Club Black. That makes this card to be the best travel credit card in India if you can utilize it properly on Indigo & Taj. Though, there might be few hidden terms in utilization of these vouchers.

Whatsoever, how i see it is, its a great Credit card for frequent flyers which gives 6% reward rate if we neglect Taj voucher as its not the day-to-day expense. However, the disadvantage is that you wont get anything good above 4 Lakhs spend as there are no more milestone benefits beyond that.

Amex India Vs Amex USA – Where Do we Stand?

American Express in USA is known for its generosity in issuing thousands of Signup bonus Miles. While we don’t get anything of that sort in India even with Amex, i see that the competition is picking up in past 1 year or so in Indian credit Card industry and this card is kind of validation of the fact that Amex India is trying to do some good in Indian Frequent Flyers Segment.

Features of American Express Platinum Travel Credit Card:

  • CardExpert Rating: 4.5/5
  • Reward rate: Upto ~8%
  • Complementary Airport lounge access: Yes, 4 Lounges per year. Most Mastercard Lounges are allowed in this Program.
  • Foreign Exchange Markup fee: 3.5% + Service Tax
  • Special Features: Spend based Bonus Milestone Rewards & Zero Lost Card Liability.
  • Personal Concierge Service: Amex is known for its unmatched service with 24×7 Platinum Assist and Emergency Card Replacement, anywhere in the world.

Interestingly, I don’t see even their top-end Plat Reserve card to be of this rewarding one (or, maybe i’m wrong), but i guess days are not too far for companies to issue 1000’s of rewards/airmiles as Indian Credit Card user base is growing up at a very great rate.

Wanna say something? Leave a comment below 🙂

36 thoughts on “American Express Platinum Travel Credit Card Review (India)

  1. chandru

    Hi Siddarth – Keep up the great work. Your blog made me consider for this card. I already have a gold card since 2010 and now I got this card as well.

    Which card in these two AMEX brands is worth to spend – Gold or Platinum Travel?
    As the movie blockbuster offer has ended, it makes not much motivation to use AMEX cards, isn’t ?

    Reply
    1. Siddharth Post author

      Chandru,
      Amex Plat Travel is the great one if you fly in Indigo. Gold card gives far way less value back compared to plat travel card.

      Reply
  2. Bijit

    Hey Sid,

    Thanks for the review. Am a bit confused which card to go for… Am a bot confused with the Amex Platinum Travel and Citi Premiere miles…The things i am looking in a card are
    – Points Points and Points which can be used against air tkts
    – Complimentary airport lounge access
    – Discounts on holiday bookings and cash backs
    – Movie tkts

    Could you please advice

    Reply
    1. Siddharth Post author

      Well, you need multiple cards for this 😀
      – Amex plat travel is good for flying Indigo
      – SBI signature card will give u movie tickets + lounge access via VISA program
      – Premier miles gives points to be redeemed for tickets + lounge access via VISA program
      Tip: Get all 😉

      Reply
  3. Parth

    Just started visiting your website. Thank you for your assessments. Please be advised that you have put up photo of american express platinum reserve card in your review of platinum travel card.

    Reply
    1. Siddharth Post author

      Thanks man. Yes, aware of it. Added a note so readers are not misguided 🙂

      Reply
      1. Parth

        Actually thank you! I appreciate your insights and assessments. I have an american express platinum reserve card. Which do you suggest is best travel card? I only use Air India but I did not opt for SBI AI card as they’ve dropped AI FF status. Any other suggestions?

        Thanking you in anticipation,
        Parth

        Reply
        1. Siddharth Post author

          Amex plat travel is good and Any HDFC diners card would do as it has ongoing 10X rewards offer.

          Reply
          1. Parth

            Thanks a lot for this. I have amex plat reserve and I fail to see any travel benefits except 12 times a year lounge access at Mumbai (domestic terminal where AI does not operate) and Delhi (T3). 99$ waived off for Priority Pass membership but you still have to pay USD 27 for everytime you decide to use the lounge. I respect how you’re helping everyone optimize their spending. But I realize that it’s very hard to keep track of which card to use and when. Do you automate this in anyway?

            Are there cards which give $249 or $399 memberships of priority pass. I’m thinking of Citibank all miles. Would you recommend it for an AI flyer?

            Thank you very much for answering my questions.

          2. Siddharth Post author

            All HDFC Diners cards gives unlimited lounge access to domestic airports. For Priority Pass, check out infinia/regalia/allmiles/citi prestige. To me amex plat reserve doesn’t have any advantage except hotel deals. Amex Jet card is good if you need amex lounge access.

        2. Pranay

          Actually, the Amex Platinum Charge card comes with a full access Priority pass (no fees to be paid).

          But considering that the annual fees are ridiculously high for the Plat Charge, you’re better off buying the PP instead if you travel a lot and don’t have Elite Airline status.

          Reply
  4. Christopher Hanvey

    Would you be doing a review of the AMEX Platinum Reserve Credit Card anytime soon ? I am particularly looking at Golfing benefits on any card.

    Reply
    1. Siddharth Post author

      Yes, its in pipeline. You could also try HDFC cards for Golfing benefit.

      Reply
  5. Kunal

    Best site to know anything about credit cards, even granularity of it.

    Reply
  6. Mohit Gupta

    Hi Sid,

    Can you tell me that the milestone perks are recieved in between the year or only after completion of the year ?

    If after completion that means, one need to renew the card for the second year to avail benefits earned in the first year ?

    Reply
    1. Siddharth Post author

      Its received as soon as you complete the milestone. you don’t need to wait until year end, or renew.

      Reply
  7. Deepankar

    Hi Sid,

    The above mentioned milestone rewards are not showing on website –
    Spend Rs.1.90 lakhs in a year to get: Rs.7,700 Worth Indigo Vouchers

    I can only see this one – “Spend Rs.4 lakhs in a year to get: Rs.11,800 Worth Indigo Vouchers + Rs.10,000 Voucher from the Taj Group”

    Is Spend Rs.1.90 lakhs rewards withdrawn?

    Reply
  8. Subhankar

    Hi Sid,

    I use this card and it’s amazing until 4 lakh spend; after that I spend with Citi premiermiles and HDFC Regalia (I find Regalia more rewarding so far). Now Regalia is getting devalued in Nov; so what other card would you suggest which can give benefits at par current Regalia? I had considered HDFC Diner Black but it probably has acceptability issues in majority of places I believe (please correct me if I am wrong).

    I am a fan of your blog; keep up this hard work.

    –Subhankar

    Reply
    1. Siddharth Post author

      Yes Bank Preferred Card is equally good as Regalia if you’re fine with the redemption options they have.

      Reply
  9. Harish

    Hi, would you be able to clarify if the Indigo and Taj Vouchers be useable only by the card owner or can be used for making bookings for family & friends too?

    Also, the Taj vouchers that they give, are they of any use or the kind which are for name sake?

    Thanks.
    Regards,
    Harish

    Reply
    1. Siddharth Post author

      Indigo Vouchers are more like cash vouchers and anyone can use.
      Reg. Taj Voucher, I’ve recently used it to stay with my friends, but not sure if they would allow if my name is not present there.
      Mostly likely they wont, as its obvious.

      Reply
      1. Harish

        Thanks for the update. Been using Regalia and gives good rewards for the use and recently acquired the SBI Signature card to give it a go for an year, loving the BookMyShow free tickets offer. But now the returns on both cards have be reduced so was looking to get the Diners Black or this Amex Platinum Travel card. Wouldn’t be dumping the Regalia as its a lifetime free card.

        Apart from the landmark vouchers the rewards are not the tempting for the Amex card coz the required points for redemption is quite high. I still have the Taj vouchers that came with Regalia/Taj combo 😀

        Reply
  10. Dr. Kuladeep Reddy

    My experience with Amex Jetairways Card & Amex Gold Card is very bad. Even though i hold Make my trip card also. This card is value for money. Where as Amex Jetairways & Gold Charge card chages your a hefty Annual Charges. Which you cannot escape even if you are spending on your Amex cards high, But no benefit on either of this cards. I need to see if i am going to use the Amex Platinum Travel Card and give me any benefit.

    Reply
    1. Siddharth Post author

      lat travel card is worth it, if you’re flying in indigo often.

      Reply
  11. Karan

    Hi Sidharth, I currently have HDFC Regalia as well as AMEX Platinum Travel Credit Card. How would you suggest the usage considering I do use Indigo for personal travel a lot. Other than that just movies and occasional online shopping? I figured looking at their offers, It is wise to spend the first 4 lacs on AMEX and continue with Regalia for the rest. is my assessment correct? any other suggestions?

    Reply
  12. Kunal

    Hi Siddharth,

    I think it’s time to update the review. Amex Plat Travel started offering 4 complimentary lounge access in a year (no of lounges where it can availed are more than visa).

    Reply
  13. Chetan Dholu

    Hi Siddharth, What will be foreign transaction mark up fee on AMEX Platinum Travel Credit card?

    Reply
  14. Arjun

    Went ahead and applied for one after reading your review. Thanks for the comprehensive analysis of credit cards, Siddharth!
    Looking forward to having my first Amex card! The indigo vouchers policy is attractive to me because I do a lot of domestic travel and its mostly Indigo (I used to pay a little extra and book 9W because of JP Miles, now I wouldn’t have to).

    Reply
    1. Arjun

      the two major downsides I see now is the limited lounge access and foreign currency markup fee. My existing Regalia card gives me 12 International Lounge Access per year and 2% mark up fee as opposed to the 4 and 3.5% on amex.

      Reply
      1. ROHITH

        hi sid

        presently i am using HDFC Regalia… I am quite comfortable with it, now i received AE Plat Travel card as pre-approved with first year fee waived off. can i go for it….

        Reply
        1. Siddharth Post author

          Ofcourse, worth it. May i know how its sourced with first year fee being waived off?

          Reply

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