What is the forex markup on the Amex Corporate Purchasing Card?

3.5% of each foreign-currency transaction, before GST.

M16S / American Express / Amex Corporate Purchasing Card

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Amex Corporate Purchasing Card

American ExpressAmexLast checked 11 Oct 2026closed to new applicants fees only

The Amex Corporate Purchasing Card costs Rs 2,100 a year. The forex markup is 3.5%. Read from the issuer's own documents on 11 Oct 2026.

Joining fee	Free
Annual fee	Rs 2,100
Fee notes	No joining fee. Annual fee Rs 2,100 + GST per the Corporate Key Fact Statement. The related Business Travel Account (a central billing account, not a card) has nil annual fee.

Reward notes	Reward terms for this product were not found.

Forex markup	3.5%
Fuel surcharge waiver	HPCL 0% below Rs 5,000, 1% at Rs 5,000+; other public-sector stations 1% (min Rs 10); private stations 2.5% (min Rs 10)
Other freebies	Consolidates employee purchases on one statement with spend controls

Late payment fee	Default charge 3.5% of outstanding balance, min Rs 100
Cash advance fee	3.5% of amount withdrawn
Eligibility	Company programme; criteria not published. New corporate applications temporarily paused.
Fine-print notes	Thin record: the dedicated purchasing-solutions page was not read. Fees and charges come from the Corporate Key Fact Statement.

What is the annual fee of the Amex Corporate Purchasing Card?: Rs 2,100 a year, before GST.
What is the forex markup on the Amex Corporate Purchasing Card?: 3.5% of each foreign-currency transaction, before GST.