American ExpressAmexLast checked 11 Oct 2026closed to new applicants
The Amex Platinum Corporate Card costs Rs 40,000 a year. It earns 1 MR per Rs 40 on business spend. The forex markup is 3.5%. Lounge visits in India: 30+ domestic partner lounges in India. Read from the issuer's own documents on 11 Oct 2026.
Card design: americanexpress.com
Annual fee
Rs 40,000+ GST
Fee waived at
—
Base return
—
Forex markup
3.5%
Interest
—
Fees
Joining fee
Free
Annual fee
Rs 40,000
Fee notes
No joining fee. Annual fee Rs 40,000 + GST per the Corporate Key Fact Statement; the fee schedule says corporate fees may vary from company to company.
Rewards
Reward currency
Membership Rewards points
Base earn
1 MR per Rs 40 on business spend
Caps
Utilities capped at 1,000 points per month
Spends that earn nothing
Fuel earns nothing. Telecom, wholesale and insurance earn a reduced 1 MR per Rs 100.
Points expiry
No expiry
Milestone benefits
Rs 10,000 voucher on Rs 30 lakh yearly spend; Rs 15,000 MakeMyTrip voucher on Rs 2 lakh of international flights/hotels via MMT Biz in a single day
Reward notes
Membership Rewards enrolment depends on the company's participation; enrolment fee nil. Point value for corporate MR not found, so base return not computed.
Marriott Bonvoy Gold Elite, Taj Epicure Plus, Fine Hotels + Resorts; air accident cover Rs 5 crore, overseas medical US$50,000; Global Assist
Charges and eligibility
Late payment fee
Default charge 3.5% of outstanding balance, min Rs 100, when full payment is more than 3 days late
Cash advance fee
3.5% of amount withdrawn
Eligibility
Issued through a company's corporate card programme; criteria not published. Amex India says it is temporarily pausing new Corporate / legal entity applications.
Fine-print notes
Corporate charge card with up to 51 interest-free days and no interest. Not an SME self-apply product: the page routes to a callback form and does not say whether small firms qualify. Whether corporate MR points can go to airline partners was not found.
Questions
What is the annual fee of the Amex Platinum Corporate Card?
Rs 40,000 a year, before GST.
Does the Amex Platinum Corporate Card give airport lounge access?
Yes. In India: 30+ domestic partner lounges in India. Outside India: 1,400+ lounges incl. Centurion, Escape, Lufthansa, Delta Sky Club; top-tier Priority Pass membership. Conditions: Visit caps and guest rules not stated on the product page
What is the forex markup on the Amex Platinum Corporate Card?
3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Amex Platinum Corporate Card?
Fuel earns nothing. Telecom, wholesale and insurance earn a reduced 1 MR per Rs 100.
