Amex has a variety of credit cards that have benefits starting from standard rewards to super-premium features on hotels and resorts, worldwide access to top-tier lounges, upscale concierge services and accelerated reward points.
American Express offers only seven cards of which five are credit cards and two are charge cards. This includes American Express SmartEarn™ Credit Card, American Express PAYBACK® Credit Card, American Express Membership Rewards® Credit Card, American Express® Gold Card, American Express® Platinum Travel Credit Card, American Express® Platinum ReserveSM Credit Card and American Express® Platinum Card.
Best Amex Credit Card | Minimum Income Requirement | |
---|---|---|
Salaried | Self Employed | |
American Express SmartEarn™ Credit Card | Rs 4.5 Lakh p.a. | Rs 6 Lakh p.a. |
American Express PAYBACK® Credit Card | Rs 6 to 15 Lakh p.a. | Rs 6 to 15 Lakh p.a. |
American Express Membership Rewards® Credit Card | ||
American Express® Gold Card | ||
American Express® Platinum Travel Credit Card | ||
American Express® Platinum ReserveSM Credit Card | ||
American Express® Platinum Card | Above Rs 25 Lakh p.a. | Rs 15 Lakh p.a. |
The minimum income requirement prescribed by American Express doesn’t necessarily imply that all individuals falling in the given range are entitled to get the desired American Express credit card.
American Express® Platinum Card is the superlative charge card offering from Amex as it commands an annual fee of Rs 60,000 + GST. Amex Platinum Card is a super-exclusive charge card which is only offered to a select few customers who qualify the minimum income requirements, as well as spend patterns and repayment history.
Amex Membership Rewards® Credit Card is a premium credit card compared to Amex SmartEarn™ Credit Card. American Express charges Rs 1,000 + GST as a first year fee and R 4,500 + GST from second year onwards as a membership renewal fee.
American Express SmartEarn™ Credit Card is the most basic credit card offered by Amex which comes with a first year fee of Rs 495 + GST and Rs 495 + GST from second year thereafter.
American Express® Gold Card is an introductory Charge Card offered by Amex for a first year fee of Rs 1,000 + GST, while the lender levies a fee of Rs 4,500 + GST from second year onwards for renewal of membership.
American Express® Platinum Travel Credit Card is one of the premium credit cards offered by Amex that is intended to maximise the benefits on travel. Amex charges Rs 3,500 + GST as a first year fee and a membership fee of Rs 5,000 + GST from second year onwards for American Express® Platinum Travel Credit Card.
American Express® Platinum ReserveSM Credit Card is the next one in the premium card line-up of Amex. Amex Platinum ReserveSM Credit Card is a superior card than American Express® Platinum Travel Credit Card, offering a bouquet of premium benefits from lifestyle to travel bundled in a single plastic.
Among the premium privileges, an Amex Platinum ReserveSM Credit Card member can enjoy complimentary access to more than 32 golf courses across India without a green fee, twice every month.
American Express PAYBACK® Credit Card is another credit card from American Express group that is offered for a first year fee of Rs 750 + GST and Rs 1,500 + applicable GST from second year onwards.
Amex Card | Annual Fee | Renewal Fee | Finance Charges |
---|---|---|---|
American Express SmartEarn™ Credit Card | Rs 495 | Rs 495 | 3.5% p.m. |
American Express PAYBACK® Credit Card | Rs 750 | Rs 1,500 | 3.5% p.m. |
American Express Membership Rewards® Credit Card | Rs 1,000 | Rs 4,500 | 3.5% p.m. |
American Express® Gold Card | Rs 1,000 | Rs 4,500 | N.A. |
American Express® Platinum Travel Credit Card | Rs 3,500 | Rs 5,000 | 3.5% p.m. |
American Express® Platinum ReserveSM Credit Card | Rs 5,000 | Rs 10,000 | 3.5% p.m. |
American Express® Platinum Card | Rs 60,000 | Rs 60,000 | N.A. |
Also Check: 10 Best International Credit Card
American Express has a decisive eligibility criteria for issuing credit and charge cards in India. Individuals looking forward to obtaining an Amex credit or charge card should fulfill the undermentioned standards.
American Express has pronounced a list of documents that are admissible for KYC purposes of Amex credit cards and Amex charge cards.
You can apply for an Amex credit card directly through the American Express website and via MyMoneyMantra.
American Express Credit Card Application Through Amex Online
Step 1: Go to American Express website, select the desired credit card that suits best according to your income levels, nature of expenses and the benefits offered.
Step 2: Provide your personal details including name, date of birth, email address, mobile number and complete residential address.
Step 3: Quote your PAN, alongside the employment status.
Step 4: Read the Terms & Conditions and tick the check box for agreeing the same.
Step 5: Click on ‘Agree & Continue’.
American Express Credit Card Application Through MyMoneyMantra
Step 1: Go to MyMoneyMantra’s American Express credit card page,
Step 2: Click on ‘Apply Now’. You’ll be redirected to the American Express credit cards page.
Step 3: Now you can fill in your personal credentials including your name, date of birth, phone number, email address and residential address.
Step 3: After this, you will be required to share the PAN and employment status.
Step 4: Tick the check box after reading the Terms & Conditions
Step 5: Click on ‘Agree & Continue’.
For American Express cards, an individual can select between an Amex credit card and Amex charge card. Also, you can check the latest credit score beforehand to make sure that your credit profile is in good shape.
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To earn max rewards & redeem cashback, value back offers, discounts & exclusive deals. Select the best Credit Card as per need.
The annual fee ranges from Rs 495 to Rs 60,000 p.a., excluding the applicable taxes.
For salaried the minimum income should be more than Rs 4.5 lakh p.a. and Rs 6 lakh p.a. for self-employed individuals.
The first step should be to immediately inform American Express® about the lost card as the bank can hot-list and block your card to prevent any fraudulent activity or misusage. A new Amex card will be delivered to the address provided in the records within a couple of weeks.
This can be done by visiting the nearest Amex branch or calling the Amex customer care. The account updation facility is also available through Amex net banking portal. American Express credit card holders can update the details by logging in through the credit card account.