American Express has introduced American Express Gold Card which is a premium charge card which is available at comparatively a lower annual fee than other peer charge cards while still offering cardholders the option to earn AMEX Membership Rewards, which is a high-value rewards program.
American Express Gold Card is a charge card and don't get confused it with a simple credit card. Now you must have an idea as to what is a charge card & how is it different from a credit card?
(1) A charge card is a card that has no 'pre-set' spending limit unlike any plain credit card, where your credit limit is fixed in advance. Not having a �Pre-set� limit doesn't mean that you can spend unlimited using this card, it just means that your charges are approved basis your spending pattern, financials, credit record and account history & differ from person to person.
(2) Apart from that you have to pay the bill amount every month in full & you will not be able to convert your spending into EMIs or just pay the minimum dues & carry on with the balance. It is the best option for the people who do not carry any balance to avoid interest charges.
4,000 Bonus Membership Rewards Points, to be awarded on using the Card 3 times within the first 60 days of Card membership, upon payment of annual fee.
Renewal OfferEarn 5,000 Membership Rewards Points upon First Year Card Renewal, on payment of annual membership fee. Points will be credited within 90 days of Card renewal.
Monthly OfferEarn 1,000 Bonus Membership Rewards Points for simply using your Card 6 times on transactions of Rs. 1,000 and above every month.
Free Add-on Card OfferAvail 2 Supplementary Gold Cards at no additional cost.
Reward PointsEarn 1 Membership Rewards Point for every Rs.50 spent except for spends at Fuel, Insurance, Utilities and Cash Transactions.
CashbackGet 3% cash back at leading fuel stations across India exclusively with your AMEX Gold Card.
PrivilegesEnjoy exciting privileges every time you book your travel through MakeMyTrip.com
DiscountsEnjoy up to 20% off every time you dine at select restaurant partners.
Get fabulous Rewards from the stunning new 18 carat and 24 carat Gold Collection, specially chosen for you
Points | Rewards |
---|---|
24,000 |
24 carat Gold Collection
|
18,000 |
18 carat Gold Collection
|
You may be feeling worried that how to use your card 6 times on transactions of Rs. 1,000 and above every month & get 1,000 Bonus Membership Rewards Points. Don't worry, here is a solution:
You can load Rs. 1000, 6 times every month in any e-wallet through Amex Gold Card such as Paytm, Amazon, Freecharge or Mobikwik to qualify for 1000 bonus points every month.
You can make use of your e-wallet for paying different bills like fuel bill, utility bill, shopping, grocery bill, etc. whenever you want throughout the month.
Additionally, if you pay your bills through e-wallet, you will get discounts or privileges offered by e-wallet providers.
Isn't it very simple & easy way?
As Amex Gold Card offers 4000 bonus reward points for using card 3 times within 60 days of approval; your first year fee gets recovered.
You will be eligible for more 5000 membership rewards points upon First Year Card Renewal, on payment of annual membership fee & you can further earn 1,000 Bonus Membership Rewards Points for simply using your Card 6 times on transactions of Rs. 1,000 and above every month. In this way, your Renewal Fee also gets recovered.
American Express Gold Card is a card worth getting because of the following reasons:
American Express Gold Card is a card worth getting because of the following reasons:
The only point that needs your attention that you are expected to pay off billing amount on the card at the end of each billing cycle, failing which there will be heavy penalties & late fees on the American Express Gold Card is significantly high i.e. around 36% per annum. So think twice before getting this card, if you are unable to pay your balance off completely each month.
2024 April 01 is a bank holiday in Jharkhand due to To Enable To Banks To Close Their Yearly Accounts.
2024 April 05 is a bank holiday in Jammu And Kashmir due to Babu Jagjivan Ram's Birthday/Jumat-ul-Vida.
2024 April 09 is a bank holiday in Karnataka due to Gudhi Padwa/Ugadi Festival/Telugu New Year's Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra .
2024 April 09 is a bank holiday in Jammu And Kashmir due to Gudhi Padwa/Ugadi Festival/Telugu New Year's Day/Sajibu Nongmapanba (Cheiraoba)/1st Navratra.
2024 April 11 is a bank holiday in Jharkhand due to Ramzan-Id (Id-Ul-Fitr) (1st Shawaal).
2024 April 13 is a bank holiday in Jammu And Kashmir due to Bohag Bihu/Cheiraoba/Baisakhi/Biju Festival.
Bank Name | Interest(p.a.) |
---|---|
Esaf Small Finance Bank | 8.75% |
Suryoday Small Finance Bank | 8.50% |
Utkarsh Small Finance Bank | 8.50% |
Equitas Small Finance Bank | 8.50% |
North East Small Finance Bank | 8.50% |
Ujjivan Small Finance Bank | 8.30% |
Indusind Bank | 8.00% |
Fincare Small Finance Bank Ltd | 8.00% |
The Nainital Bank | 7.90% |
Bank Name | Interest(p.a.) |
---|---|
Esaf Small Finance Bank | 8.75% |
Suryoday Small Finance Bank | 8.50% |
Utkarsh Small Finance Bank | 8.50% |
Equitas Small Finance Bank | 8.50% |
North East Small Finance Bank | 8.50% |
Ujjivan Small Finance Bank | 8.30% |
Indusind Bank | 8.00% |
Rbl Bank | 8.00% |
Fincare Small Finance Bank Ltd | 8.00% |
The Nainital Bank | 7.90% |