The American Express® Gold Card offers great value through reward points on your purchases. You earn points with every transaction and enjoy additional benefits like cashback, exclusive hotel perks, dining discounts, and more. One of the major highlights of this credit card is that it comes with no pre-set limit, which allows you the freedom to have an unlimited spending limit. Learn more about this credit card below.
Key Highlights of American Express® Gold Card |
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Best Suited For | Rewards & Travel |
Joining Fee | Rs. 1,000 + Applicable Taxes |
Annual/ Renewal Fee | Rs. 4,500 + Applicable Taxes |
Minimum Income Requirement | Rs. 6 Lakh p.a. |
Welcome Benefit | 4,000 bonus Membership Rewards Points on spending Rs. 10,000 within 90 days of card membership |
Reward Benefit | 5X Membership Rewards Points on every purchase through Reward Multiplier |
Travel Benefit | Complimentary room upgrade and hotel credit on stays at top hotels, including Hilton Hotels, Intercontinental and Hyatt Hotels |
Milestone Benefit | 1,000 bonus points on 6 transactions of Rs. 1,000 each every calendar month |
Table of Contents | ||
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Features and Benefits | ||
Fees and Charges | ||
Eligibility and Documentation | ||
Should you apply for this card? | ||
Other Similar Credit Cards | ||
How to Apply? | ||
FAQs |
The American Express® Gold Credit Card allows you to earn reward points on your purchases across various categories. In addition to earning reward points, you can enjoy several privileges, including travel benefits, extra cashback, an unlimited credit limit, and more. Here are some of the key features and benefits of this credit card:
Also read: Best Credit Cards Airport Lounge Access
No Pre-set Limit: This Charge Card doesn't have a fixed spending limit, which means you have an unlimited spending limit. Your transactions get approved based on your finances, credit record, spending pattern and account history.
With the American Express® Gold Card, you can enjoy travel benefits through The Hotel Collection:
A room upgrade (where available) and a US $100 hotel credit when you stay two consecutive nights. This is applicable at over 400 hotels worldwide, including Hilton Hotels, Hyatt Hotels and Intercontinental.
*This is a limited period offer.
Also read: Best Travel Credit Cards in India
The card allows you to earn up to 5X reward points on your selected purchases. Here are the details:
Also read: Best Rewards Credit Cards in India
You can redeem the accumulated reward points for various options from the rewards catalogue. Additionally, you can also use the reward points to redeem vouchers from top brands within the 18 Karat and 24 Karat Gold Collection as per the below details:
18 Karat Gold Collection/ 18,000 MR Points | 24 Karat Gold Collection/ 24,000 MR Points |
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Amazon voucher worth Rs. 7,000 | Amazon voucher worth Rs. 9,000 |
Flipkart voucher worth Rs. 7,000 | Flipkart voucher worth Rs. 9,000 |
Myntra voucher worth Rs. 8,000 | Vistara voucher worth Rs. 11,000 |
Big Basket voucher worth Rs. 8,000 | Tanishq voucher worth Rs. 10,000 |
Shoppers Stop voucher worth Rs. 8,000 | Shoppers Stop voucher worth Rs. 11,000 |
Croma voucher worth Rs. 7,000 | Croma voucher worth Rs. 9,000 |
Taj voucher worth Rs. 9,000 | Taj voucher worth Rs. 14,000 |
Note: 1 Membership Rewards Point on every Rs. 50 on spent on utility (electricity, water and gas bills) payments is capped at 10,000 Membership Rewards Points in a calendar month.
Here are the applicable fees and charges associated with the American Express® Gold Card:
Type of Fee or Charge | Amount | |
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Joining Fee | Rs. 1,000 + Applicable Taxes | |
Annual/ Renewal Fee | Rs. 4,500 + Applicable Taxes | |
Cash Advance Fee | 3.5% (Minimum of Rs. 250) |
To apply for the American Express® Gold Credit Card, applicants must meet the following eligibility criteria :
Criteria | Details |
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Account Requirement | Savings or current account at an Indian or multinational bank |
Occupation | Salaried or Self-employed |
Serviceable Cities | Click here to view the list |
Minimum Income Requirement | Rs. 6 lakh p.a. |
Minimum Age Requirement | 18 years |
Additionally, the applicant should also have a good credit history with no payment defaults.
The American Express® Gold Card provides attractive rewards on your transactions, Apart from rewards, this credit card also offers exclusive benefits for stays at premier hotels.
If you are looking for other options that provide attractive rewards, you can refer to the table below for additional options:
Credit Card | Annual Fee | Key Features |
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HDFC Regalia Credit Card | Rs. 2,500 | 4 reward points on every Rs. 150 spent; Complimentary domestic and international airport lounge access |
HDFC MoneyBack+ Credit Card | Rs. 500 | 10X CashPoints on Flipkart, Amazon, Swiggy, Reliance Smart SuperStore, BigBasket |
Citibank Rewards Credit Card | Rs. 1,000 | 10X reward points on every Rs. 125 spent at apparel & departmental store |
Standard Chartered Platinum Rewards Credit Card | Rs. 250 | 5X reward points on every Rs. 150 spent on fine dining and fuel |
SBI Elite Credit Card | Rs. 4,999 | 5X reward points on dining, departmental stores and grocery spends; 2 reward points per Rs. 100 on all other spends |
You have the option to compare and apply for American Credit Cards conveniently online through MybankingTips. Here are the steps to do so:
This credit card offers limited travel benefits, such as room upgrades and additional hotel credits at select top hotels like Hilton, Intercontinental, and Hyatt. If you're seeking a card with more extensive travel perks, such as complimentary stays, lounge access, low foreign exchange markup fees, and other features, this may not be the ideal choice for your travel needs.
To apply for this credit card, you can visit the official website of American Express and complete the application process online. Simply find the eligible credit card, fill out the application form, and attach the necessary documents before submitting.
With the American Express® Gold Card, you accumulate Membership Rewards Points with every purchase. To redeem these points, simply log in to the American Express redemption portal using your credentials. From the catalog available, select your desired option to redeem the earned reward points.
Yes, it is possible to withdraw cash using the American Express® Gold Card, please be aware that a cash advance fee of 3.5% of the withdrawn amount will be applied. Additionally, finance charges will be levied on the cash withdrawal until the total amount is repaid. It is generally advised to avoid cash withdrawals with credit cards due to the associated high fees.
The American Express® Gold Card is a charge card, similar to a credit card, allowing you to make purchases. However, unlike credit cards where you can carry a balance by paying a minimum amount, with a charge card, you must pay the full credit card bill each month to continue using the card.
The American Express® Gold Card features no pre-set credit limit, offering you an essentially unlimited spending capacity. However, it's important to note that the approval or rejection of your transactions depends on factors such as your spending history, credit record, financial status, and account history. The card provider will assess these factors to determine the approval of your transactions.
Please click the links below to find details and instructions related to American Express® Credit Cards that can help you in easily managing your card: