Amex Platinum Reserve Credit Card vs Amex Platinum Travel Credit Card
Last Updated : Jan. 12, 2021, 11:13 a.m.
There are millions of users who prefer credit cards just because of their offers and exclusive deals. On the other hand, many individuals use Amex Credit Cards that have a lot of discounts and Cashback offers. But there are two Amex Credit Cards that are Platinum Reserve and Platinum Travel among which many individuals usually get confused. So, if you are one of them then you must go through the major differences between Amex Platinum Reserve Credit Card vs Amex Platinum Travel Credit Card. Both of these cards have a lot of offers but the individual can afford only one card so he can’t apply for both of them. So, you must see the differences between these cards and then apply accordingly.
Comparison of Amex Platinum Reserve and Platinum Travel Credit Card
| Basis of Difference | Amex Platinum Reserve Credit Card | Amex Platinum Travel Credit Card |
|---|---|---|
| Welcome Offer | Enjoy a Welcome Bonus of 11000 Membership Reward Points on this Credit Card. | Earn 10000 Membership Reward Points as a Welcome Gift on this Credit Card and they are redeemable on Flipkart or you can use them to pay on Amex Travel Online worth up to ₹3000. |
| Reward Points and Cashback | - Spend ₹50 and earn 1 membership reward points on every spend except on Fuel, Insurance, EMI Conversion, and Utility Transactions. - You can redeem your reward points over 500 options that include travel, dining, accessories, and many more. | - Earn 1 membership reward point son every ₹50 except the transactions done on Fuel, Insurance, EMI Conversion, and Utility Transactions. - Get a Cashback of up to 10% on the official website of One Plus Mobile Phones. |
| Airport Lounge Access | Enjoy Complimentary Access to the Airport Lounges under the Priority Pass Program with an annual fee of $99. | - Get 4 Complimentary Visits to the Domestic Airport Lounges through this credit card. - You are allowed to enjoy only 1 Complimentary Visit per Quarter. |
| Milestone Benefits | There are no milestone benefits available on this credit card. | - Spend ₹1.90 Lacs in a year and get a voucher of ₹4500 redeemable on Flipkart or you can use them to pay on Amex Travel. - Spend ₹4 Lacs in a year and get a voucher of ₹7500 redeemable on Flipkart or you can use them to pay on Amex Travel. |
| Taj Hotel Benefits | Enjoy Great Privileges at Taj SeleQtions, Vivanta Hotels, Preferred Hotels, and Resorts. | Get a Taj Experiences E-Gift Card worth INR 10000 from the Taj, SeleQtions, and Vivanta Hotels. |
Comparison of Fees of Amex Platinum Reserve and Amex Platinum Travel Credit Card
| Fees and Charges | Amex Platinum Reserve Credit Card | Amex Platinum Travel Credit Card |
|---|---|---|
| Joining Fees | ₹5000 + Applicable Taxes | ₹3500 + Applicable Taxes |
| Renewal Fees | ₹10000 + Applicable Taxes | ₹5000 + Applicable Taxes |
| Finance Charges | 3.50% per month | 3.50% per month |
| Cash Advance Fees | 3.5% of the Amount with a minimum of ₹250 | 3.5% of the Amount with a minimum of ₹250 |
Eligibility Criteria for both the Credit Cards
| Criteria | Amex Platinum Reserve Credit Card | Amex Platinum Travel Credit Card |
|---|---|---|
| Minimum Age of the Applicant | 18 Years | 18 Years |
| Having a Savings Account in India | Yes | Yes |
| Minimum Salary | ₹6 Lacs or Above Per Annum | ₹6 Lacs or Above Per Annum |
| Self Employment Period | At Least 12 Months | At Least 12 Months |
| Cibil Score of the Applicant | 750 and Above | 750 and Above |
| Citizenship Status of the Applicant | Must be a Citizen of India | Must be a Citizen of India |
Conclusion
You have seen the major differences between Amex Platinum Reserve Credit Card vs Amex Platinum Travel Credit Card and now you can easily apply for a credit card as per your choice. These credit cards can be used to save a lot of extra bucks and can give you lifestyle benefits. So, the ball is in your court and you will have to choose among these American Express Credit Cards . Both of these cards will give you a credit limit as per your income and Cibil Score but their offers might differ.