7 Top & Best American Express Credit Card Review 2018

Last Updated : 16 March 2018

American Express credit cards are like a status symbol for its cardholders in India. In last few years, the Amex credit cards are becoming more popular in India.

The exclusive offers and one of the great reward program is one of the major reason behind this success.

The success of amex gold credit is the best example of the this. Even, I also loved this credit cards specially for its rewards program.

But recently the bank made changes in the reward points of Gold credit card and start promoting American Express Membership Rewards Credit card with the same benefits that bank offered in past on Amex Gold Credit Card.

In this article I am explaining all the benefits and offers on 7 top & Best American Express credit cards in India. The best 7 Amex credit cards includes the following

  1. Amex Gold Credit card
  2. Amex Platinum Travel Credit Card
  3. American Express Membership Reward Credit Card
  4. Jet Airways American Express Credit Card
  5. Amex MakeMyTrip Credit Card
  6. American Express PayBack Credit Card
  7. American Express Platinum Reserve Credit Card

#1. Amex Gold Credit Card Review

amex gold credit card

Amex Gold Credit Card has the same status symbol as that of HDFC Regalia Credit card. Above the benefits, the Amex Gold Credit card holder get a prestigious status.

Few months back, bank reduced the reward points on Gold credit card. Due to that reduction, now Gold credit card is not as effective as It was in the past.

But you don’t need to lose the heart, the bank offers the same benefits on American Express Membership Reward credit card.

Before discussing the Membership reward credit card, Let’s take a review on Amex Gold credit card.

Welcome Gift

  • Get 4000 reward points on using the card 3 times within the 60 days of card issuance.
  • Get 5000 reward points on renewal of gold card.

First year you get 4000 reward points having redemption worth INR 1000 equal to your first year annual fee. In simple terms, for first year amex gold credit card costs you nothing.

Bonus Offer

Simply use your Amex Gold credit card 6 times in a month (earlier it was 4 times in a month) on transaction of INR 1000 or more and get 1000 bonus reward points along with regular earning.

This way you can year up to 12,000 bonus reward points every year.

Reward Points & other offers

  • Earn 1 reward point for every Rs 50 on all spend except fuel, insurance, utility bills and cash transaction.
  • Get exclusive discount on flight or hotel booking through MakeMyTrip.
  • Enjoy upto 20% off every time you dine at select restaurant partners.
  • Zero lost card liability or maximum of Rs 1000 before reporting.
  • The redemption value of 1 reward point is = INR 0.25

Fee & Charges

First Year Fee – Rs 1000

Renewal Fee – Rs 4500

#2. Amex Platinum Travel Credit Card Review

Amex Platinum Travel Credit Card

Spend More & Save More is one thing fully merited on Amex Platinum Travel Credit Card. I wouldn’t be wrong if say, at present, Amex Platinum Travel credit card is one of best travel available in India.

If you are a regular traveler, then believe me Platinum travel credit card is the must one for you.

Just check the only bonus offers and you will automatically come to know why I am saying this.

Bonus Offers

  • Enjoy the welcome gift of 5000 bonus milestone redeemable for travel voucher worth Rs 4000.
  • spend 1.90 lakh in a year and get Indigo voucher worth Rs 6000 (valid for 6 months).
  • spends 4 lakh in a year and get additionally 10,000 milestones redeemable for Indigo voucher worth Rs 10,000 (valid for 6 months)
  • On spending 4 lakh also get a gift voucher from Taj group worth Rs 10,000 ( valid for 6 months)

Other Benefits of Amex Platinum Travel Credit Card

  • Earn 1 membership reward point for every Rs 50 spends except fuel, insurance, utility bill payment and cash transaction
  • Enjoy 4 complimentary visits to per year to 29 airport lounges in 12 cities across India
  • Enjoy upto 20% off every time you dine at select restaurant partners.
  • Get exclusive discount on flight or hotel booking through MakeMyTrip.
  • The redemption value of 1 reward point is = INR 0.50 if you go for indigo voucher.

PS – You can redeem reward points from other over 600 other redemption options as well (redemption value will vary depending upon the item redeemed).

Fee & Charges

  • First Year Annual Fee – Rs 3500
  • Renewal fee – Rs 5000

Should You Apply For Amex Platinum Travel Credit Card?

Amex platinum travel credit card comes with an annual fee of Rs 5000. For first year, you will get gift voucher of Rs 4000 but from second year you will get nothing on renewal.

So, from second year, let’s calculate the spend based benefit

amex platinum travel credit card table.png

You can see clearly, if you spend less than INR 1.90lakh in a year, this card will hurt you with its annual fee. If you spend 1.9 lakh, your saving will be around 1.5% which is decent.

This card performs best at an annual spend of 4 lakh.If your annual spend will be 4 lakh or more through card then the amex platinum travel credit card is the best card for you.

#3. American Express Membership Rewards Credit Card Review

American Express Membership Rewards Credit Card

Amex Membership Rewards credit card gives 1000 bonus points for using card four times in a month with transactions of at least 1000 rupees.

You can redeem these reward points for statement credit having worth around 40%. It results direct 10% saving on your spents.

A quick calculation

You need to make 4 transactions of Rs 1000 each = Rs 4000

Redeemable value of 1000 bonus points (40%) = Rs 400

This way you can save direct 10% on your spends by spending 4000 rupees in a month in four transactions.

PS- Earlier bank gives same offer on Amex Gold credit card but now you need to use 6 times in a month with transactions of at least 1000 rupees.

Welcome Gift

  • Get a welcome gift of 4000 bonus reward points on using the Card 3 times within the first 60 days of Card Membership.
  • In second year, you will get 5000 bonus reward points on payment of annual membership fee.

Welcome gift on renewal is only applicable for second year. From third year, there will be no welcome gift.

Reward Points & Other Benefits

  • Earn 1 membership rewards point for every 1 Rs. 50 spent except for spend at fuel, insurance, utilities and cash transactions.
  • Enjoy up to 20% off every time you dine at select restaurant partners.
  • Zero lost card liability.

Fee & Charges

First Year – Rs 1000

Second year onwards – Rs 4500

American Express does not waive off annual charges. But you can ask the customer cake for annual fee waiver while renewing the card. In case, the accepted your request, this would be a great saving for you.

#4. Jet Airways American Express Credit Card Review

Jet Airways American Express Credit Card

Fly with Jet Airways American Express Credit Card and collect the maximum number of JPMiles on your every spend.

The card offers great deals like bonus JPMiles every year, discount on ticket booking along with regular JPMiles on your every spend.

Bonus Offer On Jet Airways American Express Credit Card

  • Get a welcome gift of 10,000 bonus JPMiles and one complimentary jet airways base fare waived domestic ticket on your first charge.
  • Get a welcome gift of 5,000 bonus JPMiles and one complimentary jet airways base fare waived domestic ticket on every renewal.

JPMiles & Cashback on Jet Airways American Express Credit Card

  • Earn 16 JPMiles for every Rs 150 spends on booking on jetairways.com
  • 8 JPMiles per Rs 150 spends except fuel, Insurance, utility bills and cash transaction.
  • Earn upto 20 JPMiles per Rs 100 on your spending at EXTRA JPMILES PROGRAM.
  • Enjoy 5% discount on base fare for every revenue tickets booking on jetairways.com.

Complimentary Benefits of Jet Airways American Express Credit Card

  • Complimentary visits to 13 domestic lounges in 12 cities across the India.
  • Enjoy a complimentary membership to priority pass program at a waived of annual membership fee of US$99.
  • No lost card liability or maximum of Rs 1000 before reporting.
  • Enjoy excess baggage of 5 kg on Jet Airways flights in india.
  • Enjoy complimentary 3rd/4th night stay on booking 2/3 consecutive nights on Oberoi Hotels & Resorts.

List of 15 Domestic Airport Lounges

Ahmedabad – Port Lounge with charges Rs 750

Bengaluru – Plaza Premium Lounge with charges Rs 750

Bhubaneswar – Mayfair lounge, complimentary

Chennai – Travel Club, with charges Rs 750

Cochin – Earth lounge with charges Rs 750

Delhi – American Express Lounge, complimentary

Delhi – Plaza Premium Lounge with charges Rs 750

Goa – Golden Chariot with Charges Rs 750

Hyderabad – Plaza Premium Lounge with charges Rs 750

Jaipur – Club One Class Lounge, complimentary

Kolkata – Travel Club with charges Rs 750

Mumbai – Travel Club Lounge with charges Rs 750

Mumbai – Good times Bar with charges Rs 400

Mumbai – Loyalty Lounge with charges Rs 750

Pune – Port Lounge , complimentary

Charges mentioned are applied for international departure. For domestic departure, lounge access is complimentary.

Every guest with the primary cardholder has to pay US$27 per visit per person on lounges.

Fee & Charges

First Year – Rs 5000

Renewal Fee – Rs 10,000

Should you apply for Jet Airways American Express Credit Card?

Jet Airways American Express credit card is a premium card having a annual fee of Rs 10,000 (second year onwards). As per my opinion this card is not very much useful. I have reason two reason behind this.

If you are not a jet airways customer, then are many other traveler card that would offer more benefit.

If you are going to make booking on jetairways.com, then jet airways ICICI Sapphiro credit card is better than jet airways american express credit card.

#5. Amex MakeMyTrip Credit Card Review

Amex MakeMyTrip Credit Card

Amex MakeMyTrip is a co-branded credit card which is launched specially for frequent travellers who make booking most often on MakeMyTrip.

The main focus of card is to provide amazing benefits to the existing MakeMyTrip users and to connect the new users with MMT. The card offers great deals on flight and hotel booking.

Amex MakeMyTrip Credit card has the least annual fee as compared to other amex credit cards. This is an additional benefit, if you are looking for only american express credit card.

Fee & Charges

First Year Annual Fee – Rs 750

Renewal Fee – Rs 1500

Bonus Offer & Reward Points on Amex MMT Credit Card

  • Get a welcome gift which consist of 2 makemytrip voucher each worth Rs 1000 by making first transaction within the 90 days of the card setup.
  • Get a MakeMyTrip voucher worth Rs 2000 on spending Rs 1.25 lakh in a year.
  • Enjoy an additional MakeMyTrip voucher worth Rs 5000 on spending Rs 2.5 lakh every year
  • Earn 2 payback points for every Rs 100 spent

Amex MakeMyTrip Credit Card Offer other Benefits Also

  • Enjoy 5% cashback on makemytrip booking. That’s great
  • Enjoy upto 20% off every time you dine at select restaurant partners.
  • enjoy upto 70% cashback on hotel booking on MakeMyTrip.
  • Discounted access to 28 domestic airport lounges at 11 cities in India

Should you apply for Amex MakeMyTrip Credit Card?

Due to the co-branded, the benefits are more centralised for the MakeMyTrip users. If you are also one of them, only then you should apply for this card.

#6. American Express PAYBACK Credit Card Review

American Express PAYBACK Credit Card

The American Express Payback Credit Card offers you to 3 payback points for every Rs 100 spent except for categories fuel, utilities, insurance and cash transactions.

The 3 payback points are not very attractive but decent which makes amex express payback credit card a basic level credit card.

As a welcome gift, you can earn 900 bonus payback points on spending Rs. 15,000 within 60 days of card approval.

Fee & Charges

First year – Rs. 750

Second year onwards – Rs. 1,500

You don’t need to worry about annual fee because you can get annual fee waiver from second year on spending more than Rs. 150,000.

Reward Points & Other Benefits of Amex Express Payback Credit Card

  • 3 payback points for every Rs 100 spent.
  • You can also get multiple payback points across more than 40 partners including Big Bazaar, MakeMyTrip.com.
  • Enjoy up to 20% off at selected restaurants.
  • Get 1% fuel surcharge waiver whenever you refuel at any HPCL outlet with your Card.

#7. American Express Platinum Reserve Credit Card Review

American Express Platinum Reserve Credit

One thing which attracts me towards American Express Platinum Reserve credit card is, the welcome gift of 11,000 bonus membership rewards points in the first year.

Besides this, there is nothing much to talk about this credit card. Even though let’s have a look on the benefits that the card offers at what cost.

Reward Points on Amex Platinum Reserve Credit Card

You will earn 1 membership rewards point for every Rs. 50 spent except for expenses made on fuel, insurance, utilities and cash transactions.

The reward points are not very impressive if you compare this with annual fee.

Fee & Charges

FFirst-yearFee: Rs. 5,000

Second year onwards: Rs. 10,000

Complimentary Benefits of American Express Platinum Reserve Credit Card

  • Complimentary access to American Express lounge and other domestic lounges across India.
  • Complimentary membership to Priority Pass, with the US$99 annual membership fee waived off.
  • Get special health and wellness benefits from Max Healthcare, Fortis Healthcare and Texas Medical Concierge

My View on Amex Platinum Reserve Credit Card

Frankly speaking, I didn’t find any great offer for that you have need to pay an annual fee of Rs 10,000 (from second year).