American Express® Platinum Reserveˢᵐ Credit Card

American Express® Platinum Reserve^SM Credit Card is one of the premium credit cards offered by American Express. Its features and benefits span across a variety of spending categories, thus allowing the credit cardholders to avail a decent value-back on their overall spends.

Accor Plus membership has been added, which could be quite helpful for travellers. The card already offers Taj Epicure membership, providing benefits with Taj Group properties, along with Accor Plus membership, thus allowing the frequent travellers to save on their hotel stays. Moreover, both domestic and international lounge access with a Priority Pass membership further lets consumers travel in comfort.

The card’s monthly milestone benefit of Rs. 1,000 enhances its overall value-back, despite the Rs. 50,000 spending requirement. For high spenders, meeting this threshold shouldn’t be a challenge, thus allowing them to earn benefits worth Rs. 12,000 annually. These monthly spends will also unlock the golf benefits for the cardholders.

However, the card’s poor reward rate is a major drawback. Cardholders would be able to get good additional benefits, but the core value-back through rewards would be much lower compared to what you could get with other premium cards like HDFC Diners Club Black, ICICI Emeralde Private, or even with certain lower-fee options like Axis Atlas.