American Express® Gold Card: Rewards & Benefits

• American Express® Gold card allows users to earn 1 membership rewards point for every Rs 50 spent through the charge card, including the spends on utility bills and fuels.
• However, there are no membership rewards points for spends on insurance premiums and cash transactions through American Express® Gold charge card.
• An Amex gold card customer is eligible to earn 5X membership reward points on every purchase through the reward multiplier programme of American Express.
• American Express has planned the membership rewards programme that allows Amex gold card customers to redeem reward points from the 18 and 24 Karat Gold collection.
• Amex gold card members can choose to redeem any of the following benefits from the Gold Collection of American Express after securing the reward point target of 18,000 and 24,000, respectively.
• With a reward earn rate of 1 per Rs 50 spent on American Express Gold charge card, a user can accumulate 24,000 membership rewards points on spending Rs 12 lakh and 18,000 membership rewards points on crossing a spend threshold of Rs 9 lakh.
• Over and above the lucrative rewards point programme of American Express, the Amex gold charge card offers multiple exclusive benefits and especially-designed privileges to the members.
• People anticipating an exceptionally large purchase through an Amex Gold charge card are advised to inform American Express in advance for a smoother experience.
• With the premium hotel collection of Amex, an American Express gold card member can avail a room upgrade, subject to availability.
• Beyond this, an Amex gold card customer can earn a $100 hotel credit on staying for two consecutive nights at more than 400 participating hotels across the world such as Hyatt Hotels, Hilton Hotels and hotels under the umbrella of Intercontinental Group.
• An individual can get up to 25% discount through an Amex gold card on dining in at selected restaurants that are in active partnership with American Express.
• An Amex Gold card membership can enjoy a complimentary Zomato Gold membership with the charge card.
• American Express Gold card comes with a 24X7 card-related assistance, emergency card replacement, zero-cost card liability in case of theft and dispute resolution as a part of Gold privileges.
• As a part of Amex Gold charge card, American Express has waived off convenience fee on refuelling at Hindustan Petroleum Corporation Ltd (HPCL) for transactions less than Rs 5,000.
• A 1% convenience fee is applicable on fuel transactions at HPCL of amount more than or equal to Rs 5,000 and all refuelling stations operated by IOCL and BPCL, while a fee of 2.5% of the transaction value is levied on all fuel transactions at all other refuelling stations

American Express® Gold Card: Fees and Charges

• Supplementary Cards: The primary cardholder of Amex Gold charge card can avail up to two supplementary cards without incurring additional costs. American Express levies a fee of Rs 1,500 per supplementary card beyond the quota of two.
• Late Payment Fee: American Express charges a fee of 5% on the outstanding balance, a minimum of Rs 300 on deferred bill payment of Amex Gold card.
• Cash Advance Fee: Amex levies a transaction fee of 3.5%, a minimum of Rs 250 on all cash withdrawals through American Express® Gold card. A fee of $129 is charged on international cash withdrawals through Amex Gold charge card
• Overlimit Fee: A flat fee of Rs 500 is charged if a card member executes a transaction beyond permissible limit as American Express approves a certain number of transactions that are over and above the sanctioned credit limit.
• Forex Transaction Fee: American Express levies a currency conversion fee of 3.5% for all foreign currency transactions processed through Amex cards.
• American Express charges Rs 100 per statement for retrieving credit card statements that are older than three billing cycles and a fee of Rs 250 per transaction if cheque/ECS/NACH is returned

Comprehensive Protection Cover

• American Express® Gold Card: Eligibility Criteria
• The age of the applicant should be 18 years or above and should be resident of India.
• The individual should exhibit a prime credit score, preferably over 750 with no history of defaults on repayments.
• The personal annual income of the individual should be more than Rs 6 lakh p.a.
• Self-employed individuals are mandated to showcase a trading history for the firm of over 12 months
• The applicant should have a savings or current bank account with any Indian or foreign bank operating in India.
• Having a resident in these cities doesn’t necessarily mean that you can get an Amex credit or charge card. The final eligibility is defined by taking other factors into consideration.

American Express® Gold Card: Documents Required

• A passport size photograph.
• A user is mandatorily required to submit a copy of PAN. Those who don’t possess a PAN can provide a copy of Form 60.
• A copy of any one officially valid document is also required to meet the address proof and identity proof criteria from passport, Voter ID card, Job card issued by NREGA, Aadhaar card, a letter from the national population register (NPR) and a copy of driving license.
• Foreign nationals looking to obtain an Amex credit/charge card in India are required to furnish the documents issued by the respective Foreign Embassy of Mission in India and the documents provided by the departments of foreign government’s jurisdiction

American Express® Gold Card: Application Process

• 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 Gold card 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.

Other Similar Credit Cards From Different Banks

• With limited availability of charge cards in India, there are no absolute rivals. However, users exploring credit cards with premium lifestyle benefits can check for other similar cards that offer a bouquet of benefits, rewards, discounts and fee waivers