American Express® Gold Card

American Express® Gold Credit Card lets you earn reward points on your purchases across numerous categories. You can also avail other privileges like travel benefits, additional cashback, unlimited credit limit and much more. Below mentioned are some of the major features and benefits of this credit card:

Up to 5X Reward Points

With this card, you can earn up to 5X reward points on your selected purchases. Here are all the details:

• 5X Membership Rewards Points on every purchase through Reward Multiplier
• 1 Membership Rewards Point for every Rs. 50 spent except for spends at insurance and cash transactions
• 1 Membership Rewards Point for every Rs. 50 spent on utility payments – capped at 10,000 Membership Rewards Points in a calendar month

You can redeem the earned reward points against a variety of options from the rewards catalogue. Apart from this, you can also redeem the reward points against the vouchers of top brands under the 18 Karat and 24 Karat Gold Collection as per the below details:

Note: Fuel transactions are exempted from the rewards program.

Suggested read: Best Rewards Credit Cards in India

Travel Benefits

With American Express® Gold Card, you can avail travel benefits under The Hotel Collection as per the below details:

• 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, Intercontinental and Hyatt Hotels.

Also read: Best Travel Credit Cards in India

Other Benefits

Some of the other benefits offered by American Express® Gold Credit Card are mentioned below:

Welcome Benefit: 4,000 bonus Membership Rewards Points on spending Rs. 10,000 within 90 days of card membership and after the payment of the first year’s annual fee.

Milestone Benefit: 1,000 bonus points on 6 transactions of Rs. 1,000 each every calendar month.

No Pre-set Limit: This is a Charge Card that comes with ‘no pre-set’ limit, which means you have an unlimited spending limit. Your transactions get approved based on your finances, credit record, spending pattern and account history.

Cashback Benefit: Rs. 500 cashback per month during the offer period on Lakme Salon visits across 35+ Lakme Salons*.

Fuel Convenience Fee Waiver: You can avail fuel convenience fee waiver as per the below details:

• 0% convenience fee on fuel purchases less than Rs. 5,000 at HPCL Petrol Pumps
• 1% convenience fee on fuel purchases of Rs. 5,000 and above at HPCL Petrol Pumps

Dining Discount: Up to 20% off on dining at partnered restaurants.

*This is a limited period offer.

Also read: Popular Credit Cards in India

Below mentioned are the applicable fees and charges for American Express® Gold Card:

To read about all the fees and charges in detail, click here.

The applicant must fulfill the below-mentioned eligibility criteria to apply for American Express® Gold Credit Card:

In addition to this, the applicant should also have a good credit history with no payment defaults.

American Express® Gold Card offers decent rewards on your transactions. Apart from rewards, this credit card also offers exclusive benefits on your stays at top hotels. You should choose this credit card if:

• You want to earn decent rewards and minimal travel benefits
• You are looking for a card that offers reward points on utility bill payments
• You frequently travel and want to avail benefits on your stays
• You are ready to pay a high annual fee of Rs. 5,000
• You put most of your expenses on your credit card
• You are more inclined toward rewards instead of cashback

You should consider applying for other options if:

• You want to earn direct cashback instead of reward points
• You are looking for a card that offers complimentary lounge access
• You are looking for a low annual fee credit card

Suggested read: Best Super Premium Credit Cards

If you are looking for other options that offer decent rewards, you can refer to the credit cards mentioned in the table below:

Q. How can I redeem the reward points earned via American Express® Gold Card?

A. American Express® Gold Card offers Membership Rewards Points on your purchases. You can redeem the earned reward points through the redemption portal of American Express. All you need to do is login to the portal using your credentials and choose the required option from the catalogue to redeem your reward points.

Q. What is the credit limit offered on American Express® Gold Card?

A. This credit card comes with no pre-set credit limit, which basically means that you will have an unlimited spending limit. However, the approval or rejection of your transaction totally depends on the card provider. Your transaction will be approved based on your spending pattern, credit record, finances and account history.

Q. Can I withdraw cash using my American Express® Gold Card?

A. Yes, you can withdraw cash using this credit card. However, you will be charged a cash advance fee of 3.5% of the transacted amount for withdrawing cash. Finance charges will also be applicable on the withdrawn amount until it is paid off in full. Therefore, it is advisable not to withdraw cash using a credit card as it incur high charges.

Q. How is American Express® Gold Card different from other credit cards?

A. American Express® Gold Card is a charge card through which you can make purchases just like credit cards. But the major difference is that you cannot carry the outstanding balance to the next billing cycle by paying the minimum due. You are required to pay the credit card bill in full to use your card further.

Q. Is American Express® Gold Card suitable for travel benefits?

A. This credit card comes with minimal travel benefits which include room upgrade and additional hotel credit at top hotels, including Hilton Hotels, Intercontinental and Hyatt Hotels. Therefore, this is not an ideal option if you are looking for a card that offers decent travel benefits, such as complimentary stays, complimentary lounge access, low forex markup fee and much more.

Q. How can I apply for American Express® Gold Card?

A. You can apply for this credit card online through the official website of American Express. You can look for an eligible credit card and apply for it by submitting a duly filled application form. You are also required to attach relevant documents while submitting the application form.