American Express® Credit Card

Given below are some of the common fees and charges applicable to American Express® Credit Cards:

Fee Type	Amount
Joining/Annual Fee	Varies from card to card*
Finance Charges	3.5% per month, or 42% per annum
Finance Charges (in case of default)	3.99% per month, or 47.88% per annum
Cash Advance Fee	3.5% of the withdrawn amount, subject to a minimum of Rs. 250

*Charged with applicable taxes. For more details, click here.

The eligibility criteria for American Express® cards varies from one variant to another. However, the general criteria and the documentation required to get an American Express® Credit Card is mentioned below:

• Age: Minimum 18 years of age
• Employment: Salaried or Self-employed
• Documents Required: Click here to find the list of documents accepted by American Express®

The minimum income requirement for some of the top American Express® credit cards is as follows:

Credit Cards	Min. Net Monthly Income of Salaried Employee	Min. Personal Annual Income of Self-employed
American Express® Platinum Card	Rs. 25 lakh	Rs. 15 lakh
American Express® Platinum Travel/ Membership Rewards®/ Platinum ReserveSM/ Gold Credit Cards	Rs. 6 lakh	Rs. 6 lakh
American Express SmartEarn™ Credit Card	Rs. 4.5 lakh	Rs. 6 lakh

Click on the below-mentioned links to easily manage your American Express® Credit Cards:

American Express Credit Card Reward Points	American Express Credit Card Eligibility	American Express Credit Card Application Status
American Express Credit Card PIN Generation	American Express Credit Card EMI	How to Activate American Express Credit Card
How to Block American Express Credit Card	American Express Credit Card Payment	How to Close American Express Credit Card

Q. What are American Express® Membership Rewards? How can I redeem them?
A. You are rewarded with Membership Rewards every time you use your American Express® Credit Card. The rate of reward earning is different for different cards. You can accumulate your Membership Rewards and later redeem them against vouchers and merchandise given in American Express® Rewards Catalogue. To do so, you can log in to the rewards portal and proceed with your redemption process.

Q. Can I use my American Express® Credit Card in a foreign country?
A. Yes, American Express® Credit Cards are accepted internationally. However, American Express® charges a forex markup fee of 3.5% of the transacted amount for foreign currency transactions. Therefore, you must read the terms and conditions related to international use before you use your credit card for foreign currency transactions.

Q. What is the minimum salary required for American Express® Credit Cards?
A. The minimum salary requirement varies from card to card. However, to apply for an American Express® Credit Card, you must have a minimum salary of Rs. 4.5 lakh per annum. Besides this, the minimum salary requirement can go up to Rs. 6 lakh per annum depending on the credit card you are applying for. Hence, you must check the minimum income requirement before applying for a card to avoid rejection.

Q. What should I do if my American Express® Credit Card is lost or damaged?
A. In case you lose your credit card, you should immediately inform American Express® about the card loss by calling on their customer care number so that it can be hot-listed. The representative will block your credit card to save you from any fraudulent transactions. Also, the representative will initiate the process of new credit card issuance which would be delivered to you within 10 days.

Q. What do I do if my American Express® Credit Card is declined?
A. Your card may be declined due to several reasons; the most common being insufficient credit limit. If you have enough amount for the purchase and it is still declined, you must call American Express® to know the reason for such decline and get it fixed.

Q. How can I update the email address and contact details on my American Express® Credit Card account?
A. If you are using online banking facilities, you can update your details by logging in to your net banking account. Alternatively, you can call American Express® customer care or visit their nearest branch to update the details.

Q. Can I get a supplementary card on my American Express® Credit Card?
A. Yes, you can apply for supplementary or add-on credit cards with your primary American Express® Credit Card. However, there is a limit on the maximum number of add-on cards you can apply for, which varies from card to card. In addition, American Express® levies a certain charge for supplementary credit cards. You can get such add-on cards for your parents, children or spouse.

Q. What are charge cards offered by American Express®?
A. A charge card allows you to make purchases but, unlike credit cards, the balance can not be revolved to the next cycle by paying the minimum due. You are required to pay off the full balance in each cycle. The charge cards also do not come with a pre-set credit limit; the purchases are approved on the basis of several factors.

Q. How do I set standing instruction for American Express® Credit Card bill payment?
A. You can either do this online by logging into your American Express® Credit Card account or by visiting the nearest branch. You can decide whether you want to pay the total amount due every month or just the minimum amount due.