M16S / American Express / Amex Gold Card (Gold Charge)
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Amex Gold Card (Gold Charge)
The Amex Gold Card (Gold Charge) costs Rs 4,500 a year. Its base return is 1.17% (1 MR per Rs 50, including utilities). The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 11 Oct 2026.
- Annual fee
- Rs 4,500+ GST
- Fee waived at
- —
- Base return
- 1.17%
- Forex markup
- 3.5%
- Interest
- —
What changed on this card
- American Express India ends Membership Rewards pooling across cards, Nov 2026
From 15 November 2026 Membership Rewards points are kept separately for each Basic Card, and transfers of points from one Card to another are discontinued. Earn rates and redemption options stay the same. Source: American Express, americanexpress.com, read 28 Oct 2026
- American Express India counts spend milestones by posting date from Nov 2026
Monthly spend milestones are assessed on the date a transaction posts to the Card, not the purchase date. The benefit is credited by the end of the month in which the milestone is met. Transactions posted before 14 November 2026 follow the old structure. Source: American Express, americanexpress.com, read 28 Oct 2026
- American Express India stops issuing new Account Cards, Nov 2026
Effective 15 November 2026 new Account Cards are no longer available. Requests were open until 27 October 2026, and existing Account Cards keep working. Source: American Express, americanexpress.com, read 28 Oct 2026
- Amex India changes Membership Rewards and late fees from 15 Nov 2026
From 15 November 2026, Amex India keeps points separately per card, pauses points when a payment is overdue, ends the MRCC 50% fee waiver and bases late fees on the total due.
- American Express India pauses new supplementary cards from 27 Oct 2026
New supplementary Card applications are paused from 27 October 2026. Applications started earlier are processed until 3 November 2026. Source: American Express, americanexpress.com, read 28 Oct 2026
- American Express India ends Reward Multiplier on 30 Sep 2026
The Reward Multiplier program is discontinued from 30 September 2026. Accelerated Membership Rewards points continue on eligible e-voucher purchases through ShopWise. Source: American Express, americanexpress.com, read 28 Oct 2026
- American Express India launches ShopWise bonus points, Feb 2026
ShopWise, an e-voucher platform, launched on 1 February 2026 and credits Bonus Membership Rewards points on eligible purchases. Bonus points are capped at 25,000 per month. Source: American Express, americanexpress.com, read 28 Oct 2026
- American Express Gold Card stops points on fuel spends, Jun 2025
From 12 June 2025 the Gold Card earns no Membership Rewards points on fuel payments (petrol, diesel and CNG from oil marketing companies). Source: American Express, americanexpress.com, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 1,000 |
|---|---|
| Annual fee | Rs 4,500 |
| Fee notes | Rs 1,000 + GST first year, Rs 4,500 + GST from year 2. No published spend waiver. Up to 2 supplementary cards free, Rs 1,500 each after. |
Rewards
| Welcome benefit | 4,000 bonus MR points on paying the annual fee and spending Rs 10,000 within 90 days (first year only) |
|---|---|
| Reward currency | Membership Rewards points |
| Base earn | 1 MR per Rs 50, including utilities |
| Base return | 1.17% |
| Point value | Gold Collection: 24,000 MR = Taj voucher Rs 14,000 (Rs 0.583) or Amazon/Flipkart/Reliance Digital Rs 8,000 (Rs 0.33); 18,000 MR = Taj Rs 9,000 (Rs 0.50) or Amazon/Flipkart Rs 6,000 |
| Accelerated earnunverified | 5X MR on ShopWise e-vouchers (ShopWise T&C lists Gold at 5 MR per Rs 40, which conflicts with the Rs 50 base; unverified). 1,000 bonus MR for 6 transactions of Rs 1,000+ in a calendar month. |
| Caps | Utilities (electricity, water, gas) capped at 10,000 MR per calendar month. ShopWise bonus MR capped at 25,000 per month. |
| Spends that earn nothing | Fuel from oil marketing companies (no points since 12 Jun 2025), insurance, cash withdrawals |
| Points expiry | No expiry while the card is active |
| Milestone benefits | 1,000 bonus MR per calendar month for 6 transactions of Rs 1,000 each; 5,000 MR on first-year renewal |
| Reward notes | base_return_pct = 1 MR per Rs 50 x Rs 0.583 (24 Karat Taj voucher) = 1.17%; 0.67% if redeemed for Amazon at the 24K tier. Six Rs 1,000 transactions a month earn 120 base + 1,000 bonus MR. First-year renewal: 5,000 MR on paying the renewal fee. |
Transfers
| Partnersunverified | Marriott Bonvoy, Hilton Honors, Virgin Atlantic Flying Club, Cathay Pacific Asia Miles, British Airways Executive Club (Avios), Qatar Airways Privilege Club, Singapore Airlines KrisFlyer |
|---|---|
| Ratiounverified | Marriott 1:1; Hilton 1,000 MR : 1,500; Virgin Atlantic 800 MR : 640; Asia Miles, British Airways, Qatar, KrisFlyer 2 MR : 1 mile (enthusiast pages, Aug-Sep 2026) |
Travel and perks
| Domestic loungeunverified | None |
|---|---|
| International loungeunverified | None |
| Forex markup | 3.5% |
| Fuel surcharge waiver | HPCL: 0% convenience fee below Rs 5,000, 1% at Rs 5,000 and above. BPCL/IOCL 1% (min Rs 10). Other oil companies 2.5% (min Rs 10). |
| Other freebies | Up to 20% off dining at select partners |
Charges and eligibility
| Late payment fee | Delinquency fee 5% of unpaid balance, minimum Rs 300 |
|---|---|
| Cash advance fee | 3.5% min Rs 250 (cash withdrawal temporarily suspended in India) |
| Eligibility | Age 18+, personal annual income Rs 6 lakh+, self-employed 12+ months trading, resident in a serviced city |
| Fine-print notes | New applications temporarily paused per Amex India site (read 11 Oct 2026). Charge card: no pre-set limit, full payment due monthly, no interest; points are forfeited for any cycle not paid in full by the due date. |
Questions
- What is the annual fee of the Amex Gold Card (Gold Charge)?
- Rs 4,500 a year, before GST.
- Does the Amex Gold Card (Gold Charge) give airport lounge access?
- No lounge access is listed for this card.
- What is the forex markup on the Amex Gold Card (Gold Charge)?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Amex Gold Card (Gold Charge)?
- Fuel from oil marketing companies (no points since 12 Jun 2025), insurance, cash withdrawals