American Express Platinum Reserve® Credit Card

Lounge access

• 12 complimentary domestic lounge visits every calendar year, limited to 3 visits per calendar quarter (unused visits cannot be carried forward).
• Complimentary access on authorization of ₹2.00 on the Amex POS terminal.
• Post the 3rd complimentary visit in a quarter, applicable discounted rate charged.
• Effective 1 September 2023, access to domestic Centurion American Express Lounges in Delhi and Mumbai discontinued.
• International: 2 complimentary visits per year to 1,400+ lounges across 100+ countries via Priority Pass (membership US$99 complimentary; US$35 usage fee per visit for cardmember/guest beyond complimentary visits).

Verified · Cardmember Agreement (CMA) – Credit Cards (includes Platinum Reserve) · 2026-08-03 · source

Forex markup

• Foreign currency conversion mark up of 3.5% (Currency Conversion Factor Assessment: 3.50%).
• Not applicable for charges made in Nepal and Bhutan as those are denominated in Indian Rupees.

Verified · Most Important Terms & Conditions (MITC) – Credit Cards (includes Platinum Reserve; updated March 31, 2026) · 2026-08-03 · source

Charge

• Finance/Interest charges: 3.5% p.m. (42% p.a.), and 3.99% p.m. (47.88% p.a.) in case of default.
• Cash Advance Fee: 3.5% of cash advance amount, min ₹250.
• Late Payment Charge: 30% of Minimum Amount Due, min ₹500 and max ₹1,000, plus taxes.
• Standard Supplementary Card Fee: ₹1,500 (up to 4 supplementary cards complimentary).
• Duplicate Statement Fee: ₹100 (statements older than 3 months).
• Cheque/NACH Return Fee: ₹250 per returned instrument.
• Record of Charge/Summary of Charge Retrieval Fee: ₹100 per retrieval.
• Convenience Fee on Railway Ticket (IRCTC internet): 1.8% of transaction value, min ₹10 + payment gateway charges + GST.
• Foreign Currency Conversion Factor Assessment: 3.50%.
• Convenience Fee on Fuel Purchase as per fuel schedule.
• Convenience Fee on GRAS payments via SBI ePay: 0.94% (₹1 to ₹90,00,000) or 0.99% (₹90,00,001 or above).
• Schedule updated 31 August 2025.
• MITC updated 31 March 2026.
• Overlimit transactions temporarily disabled effective 1 October 2022.
• Cash withdrawal services in India temporarily suspended.

Verified · Most Important Terms & Conditions (MITC) – Credit Cards (includes Platinum Reserve; updated March 31, 2026) · 2026-08-03 · source

Interest-free period

Up to 48 days free credit without interest charges (payment due date varies dynamically from 18 to 23 days from statement generation date based on previous month's payment behaviour).

Verified · Most Important Terms & Conditions (MITC) – Credit Cards (includes Platinum Reserve; updated March 31, 2026) · 2026-08-03 · source

Fuel surcharge waiver

• Convenience Fee on Fuel Purchase: 0% for HPCL transaction less than ₹5,000.
• 1% fee per transaction for all HPCL transactions on and above ₹5,000.
• 1% of transaction value (min ₹10 + taxes) at BPCL and IOCL fuel stations.
• 2.5% of transaction value (min ₹10 + taxes) at all other Oil Marketing Companies.

Verified · Most Important Terms & Conditions (MITC) – Credit Cards (includes Platinum Reserve; updated March 31, 2026) · 2026-08-03 · source

Milestone benefit

• Effective 1 May 2024, upon reaching a spend milestone of ₹50,000 in a calendar month, cardmember can avail a voucher worth ₹1,000 of any available brand (Tata Cliq Luxury, BookMyShow, Shoppers Stop, Myntra, Big Basket, PVR, MakeMyTrip, Nykaa, Daily Objects, Blinkit, Zomato, Starbucks, Air India, Vijay Sales, Reliance Digital, Croma, Tanishq, Kalyan Gold).
• Enrolment-based.
• Promo code sent before last day of the next-to-next calendar month and expires 90 days from issuance.
• Also up to 2 complimentary golf visits per month for every ₹50,000 spent two months prior.

Verified · Platinum Reserve Credit Card – Partner Terms & Conditions (benefits/rewards program terms) · 2026-08-03 · source

Redemption value

• Pay with Points: tickets can be booked on domestic and leading international airlines.
• In case of refunds the Membership Rewards Points used for booking are credited back to the Points balance.
• Applicable taxes and any cancellation/itinerary change charges are charged to the Card Account.
• Travel purchases with points are non-transferable.
• Bookings only by Basic Cardmember.

Verified · Platinum Reserve Credit Card – Partner Terms & Conditions (benefits/rewards program terms) · 2026-08-03 · source

Reward exclusion

Verified · American Express Platinum Reserve® Credit Card product page · 2026-08-03 · source

Golf benefit

• Up to 2 complimentary access to Golf courses every month for every ₹50,000 spent using the Platinum Reserve Credit Card in the previous-to-previous calendar month (30+ golf courses in India).
• Only Green Fee is complimentary (caddy, cart and other fees payable).
• Requires valid Handicap Certificate (Maximum Handicap: 24 for Men / 36 for Ladies).
• Bookings via American Express Concierge.
• A Golf Game equals an 18-Hole Game.
• Discounted Golf Lessons also available.

Verified · Platinum Reserve Credit Card – Partner Terms & Conditions (benefits/rewards program terms) · 2026-08-03 · source

Hotel benefit

• Complimentary Taj Epicure (Plus) Membership (enrolment-based, does not include complimentary room night) and complimentary ALL Accor+ Explorer Membership (enrolment-based).
• ALL Accor+ Explorer valid from 1 October 2025 gives 15% off round the year on stays at 30+ brands and 4,500+ hotels worldwide, up to 50% off Red Hot Rooms in Asia Pacific, 30% discount on dining in Asia Pacific (table up to 10 diners) at 1,600+ restaurants and 15% discount on drinks, plus ALL Accor status with 20 bonus Status Nights each year.
• Members enjoy privileges as long as they hold the card.

Verified · Platinum Reserve Credit Card – Partner Terms & Conditions (benefits/rewards program terms) · 2026-08-03 · source

Travel benefit

• Pay with Points: tickets can be booked on domestic airlines (Air India, Jet Airways/Jetlite/Jet Konnect) and all leading international airlines.
• Bookings can be made only by the Basic Credit Cardmember, not the Supplementary Cardmember.
• Applicable cancellation charges and taxes charged to the Card Account.

Verified · Platinum Reserve Credit Card – Partner Terms & Conditions (benefits/rewards program terms) · 2026-08-03 · source

Eligibility

• Upgrade open to select American Express Credit Cardmembers (Platinum Travel Credit Card, Membership Rewards Credit Card, SmartEarn Credit Card) whose accounts are valid and in good standing and who received a communication from American Express.
• Valid only for Basic Cardmembers.
• Up to 4 supplementary cards at no extra cost (₹1,500 for each supplementary card thereafter).
• Video KYC may be required.

Verified · Platinum Reserve Credit Card – Upgrade Terms & Conditions (Nov 2025, references MITC/KFS/CMA) · 2026-08-03 · source

Official terms

https://www.americanexpress.com/in/credit-cards/platinum-reserve-credit-card/.

Verified · Cardmember Agreement (CMA) – Credit Cards (includes Platinum Reserve) · 2026-08-03 · source