Amex MRCC and Gold Charge cards offer bonus MR points on making Rs 1500 X 4 or Rs 1000 X 6 transactions every month. But, if you are making bigger payments then these cards may not be too useful. This is where American Express Platinum Travel credit card comes in. The Amex Plat Travel card issued FYF with referrals and has a renewal fee of Rs 5000+GST. The Plat Travel gives maximum benefit for spends of Rs 4 Lakh in a year with its milestone rewards.
American Express Platinum Travel Credit Card Eligibility
If there is one thing that has not changed with Amex over the years, it is the card design. It is the standard simple design with the card name on the right side and the ‘American Express’ brand on the top. Eligibility criteria for the American Express Platinum Travel credit card are pretty simple and actually lower than what other credit card companies ask for their premium credit cards.
- CIBIL Score: Preferably 750 and above
- Annual Income: Rs 6 Lakh and above
That’s it. If you have both, you can go ahead and apply for the card. If you already have another card from Amex, the approval for Plat Travel is just a formality.
Joining and Annual Fee
|Joining Fee||Rs 3500+GST / Zero with referral|
|Welcome Benefit||10000 MR Points with fee / 2000 MR points with referral|
|Annual Fee||Rs 5000+GST|
|Annual Fee Waiver||None|
With ongoing referrals, it is pretty much an easy decision to apply with referral. You get a first year free card with 2000 MR points. That gives you time to use the card and evaluate if you want to continue with the card from the second year.
|Retail Spends||1 MR point/Rs 50||0.6% to 1.2%|
|Fuel, Insurance, Utilities, EMI Transactions||No Rewards||Zero|
As in the case of MRCC and Gold Charge cards, the real benefit of the American Express Platinum Travel credit card lies in the milestone MR points. Even though spends in fuel, insurance and utilities are excluded from regular MR points, all of those count for the milestone benefits.
Milestone Bonus Membership Rewards
Along with the regular reward above, the Amex Platinum Travel card provides bonus MR points for reaching the Rs 1.9 Lakh and Rs 4 Lakh spend milestones. Your spend progress to reach the milestone is shown on the Amex mobile app for easy tracking.
|Bonus MR points|
|Spend Rs 1.9 Lakh in a year on Amex Plat Travel||3800||15000|
|Spend Rs 4 Lakh in a year on Amex Plat Travel||4200||25000|
|Cumulative MR Points on Rs 4 Lakh Spend||8000||40000|
Important: Credit of Bonus MR Points
It is important to note here that the credit of bonus MR points is not fully automatic.For Rs 1.9 Lakh milestone, we will get 7500 MR points automatically. We need to call/chat with customer support to get another 7500 MR points. Similarly, for the Rs 4 Lakh milestone, we will get 12500 MR points automatically. We need to call/chat with customer support to get another 12500 MR points.
From the Platinum Travel rewards catalogue, the best options for redeeming these MR points are either a Flipkart or Taj gift voucher. But, if you also have a MRCC or Gold Charge card, you get access to the 18K and 24K Gold Collection too. That will give you many more redemption options at a better value per MR point.
- Flipkart or Travel Voucher: 30 paise per MR point
- Taj Voucher: 50 paise per MR point
Overall Reward Rate of 8.5% with Taj Vouchers
- On spending Rs. 1.9 Lakh in a year: Earn 15000 MR Points redeemable for Flipkart/Travel Vouchers worth up to Rs 4500 or Taj Vouchers worth Rs 7500
- On spending Rs 4 Lakh in a year: Earn 25000 MR Points redeemable for Flipkart/Travel Vouchers worth Rs 7500 or Taj Vouchers worth Rs 12500
- We also earn a Taj Experiences E-Gift Card worth Rs 10000 on achieving 4 Lakhs spend in a year. This one is sent as soon as you hit the milestone. There is no need to wait for the card membership year to be completed.
- On spends of Rs 4 Lakhs in a year, we also get regular 8000 MR points which are redeemable for Rs 2000 worth of Travel/Flipkart vouchers or Rs 4000 Taj gift vouchers.
For spends of Rs 4L in a year, we get Taj Experiences gift vouchers worth Rs 34000 including milestone benefits. This makes the reward rate a whopping 8.5% on the American Express Platinum Travel credit card and is enough to cover the stay expenses for a mini-vacation. 🙂
The rewards are aimed at travellers and hence the name of the Platinum Travel credit card.
Transfer to Airlines/Hotel Loyalty Programs
Amex MR points are also one of the most versatile ones when it comes to using them for airline and hotel loyalty programs. We get multiple transfer partners. If planned well, points transfer can give you a better value for your MR points. The best transfer partner is Marriott Bonvoy where we get a 1:1 transfer ratio.
|Asia Miles||800 Points = 400 Asia Miles|
|Club Vistara||900 Points = 300 Club Vistara Points|
|Emirates Skywards||800 Points = 400 Emirates Skywards Miles|
|Etihad Guest||1600 Points = 800 Etihad Guest Miles|
|Hilton Honors||1000 Points = 900 Hilton Honors Points|
|Marriott Bonvoy||100 Points = 100 Marriott Bonvoy Points|
|Qatar Privilege Club||500 Points = 250 Avios|
|Singapore KrisFlyer||800 Points = 400 KrisFlyer Miles|
|Virgin Atlantic Flying Club||800 Points = 400 Virgin Points|
The rewards above are not all the Amex Platinum Travel credit card offers. Around the year, Amex also runs multiple promotional offers which end up giving a reward rate far more than the 8.5% mentioned above. For example, I got a Flipkart shopping offer that gave me 10% cashback up to Rs 2500, and an Amazon shopping offer that gave me 10% cashback up to Rs 2000. These offers also help in meeting the annual spending required for this card.
Complimentary Airport Lounge Access
- Domestic Airport Lounge Access: 2 complimentary visits per quarter. Here is the list of lounges for complimentary lounge access.
- International Airport Lounge Access: Not Available
Fuel Surcharge Waiver
American Express Platinum Travel credit card gets a 0% convenience fee for HPCL fuel pumps. This is valid for all transactions of value less than Rs 5000. So, you can potentially use your Amex Plat Travel card at HPCL fuel pumps to hit the milestone. You will not get regular MR points but you will get the milestone bonus MR points.
Other Benefits & Charges
Annual Fee Waiver
Amex does not have an official annual fee waiver criteria for the Platinum Travel credit card. However, it does offer some waiver or reduced annual fee options for reaching out to customer care. I reached out to CC after the annual fees were charged to my card at the end of the first year and got the below options for an annual fee waiver:
- Spend 2L in 60 days and get an annual fee waiver
- Get an annual fee waiver in lieu of 10K MR points
- Pay an annual fee and get 15K MR points
American Express Platinum Travel Credit Card