American Specific Gold Cost Card Evaluation – CardExpert







American Express Gold Charge Card Review

American Specific Gold Cost card additionally popularly generally known as the Amex Gold Card globally is an entry stage Cost Card in India from American Specific. It is among the solely two “Cost” Playing cards issued within the nation in the meanwhile.

From no-preset credit score restrict to good-looking rewards and premium assist, right here’s the whole lot you want to find out about this stunning Amex Gold Cost Card.


Kind Cost Card
Reward Price 1% – 4%
Becoming a member of Charge 1,000 INR+GST
Finest for Taj Voucher Redemptions
USP Dynamic Credit score restrict & Month-to-month Rewards

American Specific Gold Cost Card is a rewards card that offers good-looking reward price, pretty much as good as ~4% and even past, if used proper.

If you happen to’re new to bank cards (holding at-least one non-Amex card) and in search of increased credit score restrict, you could begin with Amex Gold cost card – extra on the credit score restrict intimately later.

apply now

Apply by the hyperlink on the web page & you’ll get extra 2,000 Referral Bonus Membership Rewards® factors (spend INR 5,000 inside 90 days)


Becoming a member of Charge 1,000 INR+GST
Welcome Profit 4,000 MR Factors (1000 INR worth)
Renewal Charge 4,500 INR+GST
Renewal Profit Nil
Renewal Charge waiver Nil

The welcome profit not solely offset’s the becoming a member of price but in addition comes with bit extra worth if you happen to redeem the factors for Amex Gold Assortment.

The renewal price certainly appears fairly excessive however to not fear, as you will get it waived off by calling Amex assist. Count on upto 100% waiver on renewal so long as your annual spends are over 2 Lakhs.


Amex Gold Charge Card India

The Amex Gold Cost Card has one of many iconic design I’ve ever come throughout. There are not any bank cards in India that will get observed pretty much as good as this, even the steel playing cards doesn’t get the eye that this golden card will get.

It appears elegant and offers a wow really feel when somebody appears at it for the primary time. I’ve had many conversations round it for a few years with retailers again in time when Amex playing cards weren’t issued to the mass market.

Credit score Restrict

A very powerful distinction between different bank cards and Amex Gold Cost card is that it doesn’t include a preset credit score restrict and you may’t convert your purchases to EMI both, as full due needs to be paid upon stmt technology.

Whereas the cardboard doesn’t include a credit score restrict, it does have a “shadow restrict” which Amex calls it as “Credit score Assist” and it retains altering as per your spend sample.

Amex used to permit me to cost as excessive as Rs. 20 Lakhs on my Gold Cost Card again in time once I was utilizing the cardboard. This was potential even with not-so excessive common spends.

Nonetheless, from what I’m listening to from different cardholders, they’re giving comparatively low credit score restrict on their Gold cost playing cards lately and that they’re additionally proactively decreasing the restrict if there is no such thing as a common utilization on the cardboard.

Having stated that, you could count on it to permit quite a bit increased cost than a typical bank card, so long as the spends are taking place frequently.


Common Spends 1 MR on each 50 INR spend 0.50% ~1%
  • Utilities, Gasoline spends are included as effectively
  • Rewards don’t expire.

It’s good to see that Amex has determined to supply rewards on gasoline & utilities on this card lately, so you may make the most of this profit.

If you happen to plan to make use of this card for gasoline, do it solely at HPCL (0% gasoline surcharge), as different shops may cost significantly excessive gasoline surcharge on Amex Playing cards.

The reward factors earned on MRCC are ideally meant for Marriott transfers (or) Taj voucher redemptions through 24K Gold Assortment, as different choices should not engaging sufficient, except you realize what you’re doing.

Additionally word that the MR factors earned on Gold Cost Card could be pooled with different Amex playing cards (besides Plat journey), so you will get nearer to 24K or 18K Gold assortment redemptions sooner than earlier than.

Month-to-month Rewards

  • Spend: 6*1000 INR = 6000 INR
  • Get: 1000 MR Factors = ~500 INR

Month-to-month rewards is the USP of Gold playing cards (Gold Cost Card & MRCC) where-in prospects are given 1000 MR factors on doing sure spends, which is 1000 INR * 6 instances a month on Gold Cost card.

The Worth of 1000 MR factors is just 250 INR if you happen to redeem for money credit score however if you happen to goal for the gold assortment or redeem factors at Marriott properties that’s simply 500 INR worth, which suggests you’re getting ~8% return on spend. (assuming 1MR=0.50 INR)

You could as effectively accumulate factors and hope to redeem for Taj vouchers beneath 24K Gold Karat Assortment which can additional improve the purpose worth from 0.50 INR to 0.58 INR.

Whereas it could all look so profitable, it calls for lot extra spends to maintain the cardboard free for subsequent yr. So if we assume 2L spends accomplished on the cardboard in a yr, the reward price will drop however nonetheless we get a pleasant ~4% return on spend.

My Expertise

Amex Gold Charge Card Experience

I used to be holding Amex Gold Cost Card for couple of years earlier than lastly shifting on to the Amex Platinum Cost Card. I’ve redeemed the factors largely on Marriott (Factors Switch) & on Gold Assortment relying on the necessity.

Gold assortment was even higher prior to now with increased worth for Amazon vouchers & stmt credit score. These have been fairly helpful every so often however is not any extra a most popular possibility.

In the mean time we might get a fantastic worth with Marriott (50Ps/MR) & Taj Vouchers (58Ps/MR with 24K Factors redemption).

Therefore, it nonetheless is sensible to carry the cardboard unquestionably.

Reward Multiplier

Whereas Amex Reward Multiplier is one thing I’m not pleased with because it’s inception, it does provide a fantastic worth if you happen to’re not into different Tremendous Premium Credit score Playing cards.

You may get 5X rewards on the Reward Multiplier with Gold Cost Card.

What this implies is, you may go forward and purchase 1K vouchers (like Amazon Purchasing Vouchers / Myntra Vouchers) 6 instances and get the month-to-month rewards together with the accelerated rewards through Rewards Multiplier.

That may fetch you 1600 MR factors a month (1000+600), which is about 19K factors a yr. This implies you get a candy ~13% reward price on 72K such spends in a yr.

However of-course you’re gonna do different spends as effectively on the cardboard and so the reward price will drop.

Total, you may simply recover from ~6% web reward price (with renewal price waiver) if you happen to’ve time to optimize the spends, else you may atleast count on 4% return even if you happen to’re not optimizing a lot, besides month-to-month rewards.

Different Advantages

american express gold charge card benefits
  • Overseas Alternate Markup price: 3.5% + Service Tax
  • Amex medical insurance advantages (with ICICI Lombard)
  • 100% Cashback a month upto 500 INR at Lakme Salons
  • Supplementary Card Gives
  • Amex Festive Gives
  • 24/7 premium assist

The draw back nevertheless is that being a semi-premium card, probabilities of it getting used at low margin retailers are excessive, resulting from which one may get into card acceptance points.

The way to apply?

You could apply on-line/offline or at airport shops (no particular airport gives in the meanwhile), whichever is handy for you.

At present, the most effective provide you may get is the extra 2000 bonus factors (1000 INR worth) by making use of through a referral hyperlink.

If you happen to’re already holding an Amex card, do word that American Specific lets you maintain 1 Cost Card + 2 Bank cards at any cut-off date.

apply now

Be aware: It’s higher to use utilizing your Aadhaar handle, in any other case the applying may get delayed (or) even rejected, as reported by a few of those that skilled it.


  • CardExpert Score: 4.7/5

With a reward price that may go as excessive as ~6% on a cost card with a low becoming a member of price, American Specific Gold Cost Card is certainly a tremendous card to carry.

On high of it, you get an attractive card with credit score restrict adequate sufficient to handle your emergency excessive worth spends, if any. And getting rewards on gasoline/utility spends is one other benefit.

All these backed by the very best buyer assist on the earth. So it’s no marvel vital for many.

Simply incase if you happen to don’t require the next credit score restrict, want to have EMI facility and like extra rewards, you could go for the Amex Membership Rewards Card which is kind of just like this card and is issued as “First 12 months FREE” for a restricted interval.

What’s your ideas in regards to the American Specific Gold Cost Card? Be happy to share your ideas within the feedback under.


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