Built for benefit collectors.
Welcome
11,000 MR after fee + Rs 30k spend in 90 days; extra referral incentives are offer-dependent and must be confirmed live
Rewards
2 MR points / Rs 100 6 MR points / Rs 100 on ShopWise
Transfers
Airline/hotel transfers; confirm current India catalogue ratios
Lounge
Includes 12 domestic lounge visits and 2 international Priority Pass visits yearly.
11,000 Membership Rewards points after paying the fee and spending Rs 30,000 within 90 days; any extra applicant referral incentive is offer-dependent and must be confirmed live New applications are currently paused by American Express
Use ShopWise to earn 3X Membership Rewards on everyday brands like Amazon, Flipkart, Myntra, Swiggy, Uber, Nykaa and more.
Taj Epicure Plus, ALL Accor+ Explorer and EazyDiner Prime memberships; golf is subject to enrolment, spending and booking conditions in the cardholder programme Airline and hotel transfers are available through the India Membership Rewards catalogue. Confirm the current India partner, ratio and minimum in your signed-in account before transferring; the public global transfer page defaults to US terms and cannot certify India availability.
| Joining fee | ₹10,000 + GST |
|---|---|
| Renewal fee | ₹10,000 + GST; waived 100% on ₹10 lakh annual spend |
| Welcome gift | 11,000 Membership Rewards points after paying the fee and spending Rs 30,000 within 90 days; any extra applicant referral incentive is offer-dependent and must be confirmed live |
| Rewards | 1 MR point per ₹50 on eligible spending; ShopWise offers 3X at eligible brands. No base points on fuel, insurance, household utilities, merchant-selected EMI or cash transactions |
| Application status | New applications are currently paused by American Express |
| Milestone vouchers | ₹1,000 voucher each calendar month you spend ₹50,000 — up to ₹12,000 a year (Flipkart, BookMyShow, MakeMyTrip, Myntra and others); enrolment required |
| Transfers | Airline and hotel transfers are available through the India Membership Rewards catalogue. Confirm the current India partner, ratio and minimum in your signed-in account before transferring; the public global transfer page defaults to US terms and cannot certify India availability. |
| Lounge access | 12 domestic visits/year (max 3 per quarter) + complimentary Priority Pass with 2 international visits/year. Domestic Centurion Lounge access was withdrawn in 2023 |
| Hotel & dining | Taj Epicure Plus, ALL Accor+ Explorer and EazyDiner Prime memberships; golf is subject to enrolment, spending and booking conditions in the cardholder programme |
| Forex markup | 3.5% + GST |
Public issuer terms checked 3 October 2026.
The India transfer catalogue needs cardholder access. Verify transfer ratios and golf eligibility in your account before redeeming.
The Amex Platinum Reserve was not always an easy card to recommend. Earlier, it lacked a strong reason to choose it over other Amex cards.
With the standard 11,000 MR welcome after paying the fee and spending Rs 30,000 within 90 days, plus Accor-style hotel benefits, Taj Epicure Plus, EazyDiner Prime, ShopWise 3X rewards, Reward Multiplier 3X and select 5X offers, the card makes sense for the right user. Any extra applicant referral incentive is offer-dependent and must be confirmed live.
It is best for someone chasing welcome value, hotel dining perks, and Amex accelerated rewards.
American Express currently lists new Platinum Reserve applications as paused. Existing cardholders should assess the ₹10,000 + GST fee against the benefits they can actually use; welcome and referral offers depend on the applicable acquisition terms.
Reward exclusions
Eligibility follows the merchant category code and transaction data received by the issuer, so the merchant name alone may not determine whether a transaction earns rewards.
The household-utilities exclusion is separate from telecom services. Spending that earns no base points may be treated differently for milestones; check the card’s milestone terms.
New applications are currently paused on the official American Express product page. Existing cardholder benefits remain subject to the card's current terms.
The card carries a first-year fee of ₹10,000 plus GST and a renewal fee of ₹10,000 plus GST from the second year. The renewal fee is waived in full if you spend ₹10 lakh or more in the preceding membership year.
The standard welcome gift is 11,000 Membership Rewards points, credited after you pay the annual fee and spend Rs 30,000 within the first 90 days. Any extra applicant referral incentive is offer-dependent and must be confirmed live.
It earns 1 Membership Rewards point for every ₹50 of eligible spending, with up to 3X through the Reward Multiplier portal. Fuel, insurance, household electricity/gas/water, merchant-selected EMI and cash transactions earn no points. Telecommunications are treated separately and earn the base rate.
Airline and hotel transfers are available through the India Membership Rewards catalogue. Confirm the current India partner, ratio and minimum in your signed-in account before transferring; the public global transfer page defaults to US terms and cannot certify India availability. Transfers must go to your own registered loyalty account and cannot be reversed.
Application links on this page may earn Book1A an incentive at no extra cost to you — see our affiliate disclosure.