American Express Gold Credit Card

Card Details

• Earn 4,000 Bonus Membership Rewards Points worth Rs. 1000 to be awarded upon spending Rs. 2,000 within 60 days of card activation, upon payment of the annual fee.
• Earn 1 Membership Rewards Point for every Rs. 50 spent except for spending at Fuel, Insurance, Utilities, and Cash Transactions.
• Earn 1,000 Bonus Membership Rewards Points worth Rs. 250 for simply using your Card 6 times on transactions of Rs. 1,000 and above every month.
• Earn 5,000 Membership Rewards Points worth Rs. 1,250 upon First Year Card Renewal, on payment of annual membership fee. Points to be credited within 90 days of Card renewal.
• Enjoy travel benefits of up to Rs. 5000 on bookings with MakeMyTrip.com
• Points accumulated on your AMEX Gold Card never expire, so you can either redeem your Points regularly or keep collecting them to earn fabulous Rewards from the 18 carats and 24 carats Gold Collection. Reward Redemption would attract a fee of Rs. 250 on each redemption. You can shop and dine with your points at select partners and also convert them into Air Miles for complimentary flights.
• Enjoy greater flexibility in spending with ‘no pre-set limit. This means that your charges are approved basis your spending pattern, financials, credit record, and account history. Please note that ‘no pre-set limit’ does not mean your spending is unlimited. If you anticipate making an exceptionally large purchase, please call us in advance.
• Enjoy up to 20% off every time you dine at select restaurant partners.
• Sit back and enjoy 24X7 Card Related Assistance.
• If you lose your card, your liability is nil after reporting the loss and is limited to a maximum of only Rs. 1,000 before reporting.
• Emergency Card Replacement
• Two Free Supplementary Gold Cards.
• Enjoy the Contactless Payment feature on your AMEX Gold Card, valid for transactions up to Rs. 2,000.
• Earn 1,000 Points worth Rs. 250 by enrolling for Standing Instructions to automatically pay your utility bills and insurance premiums, within 5 months of your Card Membership. To enrol for SI, SMS < SI > < Last 5 digits of the Card Number > to 5616166.
• Enjoy a 2.5% fuel surcharge waiver across all HPCL petrol pumps with your American Express® Gold Card.

Fee Structure

• Annual Fee – Rs. 4,500 plus taxes
• First Year Fee – Rs. 1,000 plus taxes
• Cash Withdrawal Charges – 3.5% of the Cash Advance amount, subject to a minimum of Rs. 250, applicable on each withdrawal
• Late Payment Fee – 30% of the Minimum Payment Due, subject to a minimum of Rs. 500 and a maximum of Rs. 1,000, plus applicable Service Tax
• APR (EAPR) – 42% p.a. (3.5% p.m.)
• Add-on Card Fee – Rs. 1,500 (Upto 2 Add-on cards are free)
• Over Limit Charge – Rs. 500
• Surcharge on Purchase of Railway Ticket – 1.8% of the transaction value on booking through IRCTC website, subject to a minimum of Rs. 10 plus service tax
• Membership Rewards Points for Redemption – Rs. 250 for every redemption of Air Miles and Rs. 200  for reinstatement of points for every monthly billing statement (Points will be forfeited for the particular billing cycle / monthly statement in which the minimum payment is not received by the due date).
• Convenience Fee on electricity, gas, and water bill payments –  Rs. 50 per transaction is applicable for all transactions up to Rs. 15000; Rs. 100 is applicable for payment of Rs. 15,001 to Rs. 1,00,000; 1.95% per transaction is applicable for payment above Rs. 1,00,000.
• Foreign Currency Transactions – 3.50%
• Overdue Interest Charges – A revised interest rate of 3.99% per month (Annual 47.88% p.a.) if the Minimum Payment Due is not paid by the due date twice in a 12-month period. This revised interest rate will also apply if the Minimum Payment Due remains unpaid for two consecutive statement periods.
• Minimum Amount Payable – 5% of the outstanding amount of Rs. 100 (whichever is greater) + Total sum of any Card fee, overdue minimum payment. + Any amount exceeding the limit + Any installment due under any extended/deferred payment plan that American Express may offer (Cardmembers may choose to pay the full amount as shown in the Statement of Account by the Payment Due date. If they fail to do so, charges may be levied)
• Fuel Surcharge – 2.5% of the transaction value on all Fuel purchase except on HPCL Fuel station. 0% for HPCL transactions less than equal to Rs. 25000. A 0.3% fee per transaction is applicable for all HPCL transactions above Rs. 25,000.

Reward Points Programme

• Earn 1 Membership Rewards Point for every Rs.50 spent except for spending at Fuel, Insurance, Utilities, and Cash Transactions.

Reward Rate = Rs. 0.50 per Rs. 100 spend

Intro Bonus Offers

• 4,000 Bonus Membership Rewards Points worth Rs. 1000 to be awarded upon swiping the Card 3 times within the first 60 days of Card Membership, upon payment of the annual fee.

Bonus Offer

• Earn 1,000 Bonus Membership Rewards Points worth Rs. 250 for simply using your Card 4 times on transactions of Rs. 1,000 and above every month.
• Earn 5,000 Membership Rewards Points worth Rs. 1,250 upon First Year Card Renewal, on payment of annual membership fee. Points to be credited within 90 days of Card renewal.
• Earn 1,000 Points worth Rs. 250 by enrolling for Standing Instructions to automatically pay your utility bills and insurance premiums, within 5 months of your Cardmembership. To enrol for SI, SMS < SI > < Last 5 digits of the Card Number > to 5616166.
• Enjoy benefits on your travel bookings with MakeMyTrip.com (Use Promo code “MMTAMXGLD” to avail the offer):
  • Domestic Flights: Rs.500 cash back on round trip and Rs.300 cashback on one way (Via MakeMyTrip Website); Rs.600 cash back on round trip and Rs.400 cashback on one way (Via MakeMyTrip Mobile App).
  • International Flights: 5% cashback on base fare up to Rs.5,000 on round trip (Via MakeMyTrip Website); 6% cashback on base fare up to Rs.5,000 on round trip (Via MakeMyTrip Mobile App).
  • Hotels Bookings: 70% cashback up to Rs.2,500 on Domestic Hotels; 35% cashback up to Rs.2,400 on International hotels.
  • Flights and Hotel Bookings: 5% cashback up to Rs.3,000 on base fare on Domestic bookings; 5% cashback up to Rs.5,000 on base fare on international bookings.

Benefits

• Dining Benefits: Special discount of up to 20% off every time you dine at select restaurant partners.
• Cashback Benefits: Nil
• Benefits on Fuel Purchase: 2.5% Surcharge Waiver
• Benefits on Shopping: Nil

Eligibility

• The age of the applicant must be above 18 years.
• A personal annual income of Rs. 6 Lacs or above is required for both Salaried and Self Employed Individuals.
• Applicant must have an Indian or multinational bank’s savings or current account in India.
• Applicant must have a good credit history and no payment defaults.
• If self-employed, your company has been trading for more than 12 months.

Reward Points Redemption Options

Redeem from the fabulous 18 carats and 24 carat Gold Collection.

24 carat Gold Collection (On reaching 24,000 Points)

• American Express Domestic Travel Online voucher worth Rs. 11,000
• Bose Sound Link Color II Bluetooth Speaker
• Statement Credit worth Rs. 10,000

18 carat Gold Collection (On reaching 18,000 Points)

• Statement Credit worth Rs. 7,500
• Amazon Gift Card worth Rs. 8,000
• Tanishq Voucher worth Rs. 7,500

Here’s how your points could add up to the 18 & 24 Carat Gold Collection of rewards: