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Amex Platinum Reserve

Premium

American Express

Where it ranks · across all 71 cards

#59 Online shopping0.5%direct#59 Groceries0.5%direct#61 Dining out0.5%direct

Devaluation history

  • 2026-08-01 - Amex India is currently not accepting new card applications.
  • 2023-09-01 - Centurion Lounge access removed; partner lounges only (3/quarter).

What a point is worth

Earning 1 pts / ₹50, the same point pays very differently by redemption path:

Redemption pathPer pointEffective on spends
Partner transfersbest: Virgin Atlantic Flying Club at 5:4 (ceiling 3.0%)₹0.56-₹1.521.12%

Rankings across KaunsaCard use a single conservative value (₹0.25/pt = 0.50%); transfer ceilings assume premium-cabin awards and are never used to rank.

Reward rules

Points valued at ₹0.25/pt - conservative, what rankings use · transfers reach up to ₹1.52/pt via Virgin Atlantic Flying Club at 5:4

Base rate - everything not covered below

1 pt / ₹50= 2 pts per ₹100

0.5-3.0%

value range by redemption

Via portals & vouchers - alternate methods (display, never rank)

  • 🎟 ShopWise vouchers 3X (Reward Multiplier)1.5%
    via amex travelsrc ↗

    Verify your tier in the Reward Multiplier portal post-ShopWise migration.

Milestones

₹50,000 / month

₹1,000 brand voucher (enrollment-based, since May 2024; ₹12,000/yr value) + golf access

worth ≈ ₹1,000

Transfer partners

Amex Membership Rewards (India) - what 10,000 points become. Full matrix with live amounts on the Transfers page.

PartnerRatio10,000 pts →≈ value
Virgin Atlantic Flying Club5:48,000₹5,600-₹15,200
Hilton HonorsThe rare better-than-1:1 route.2:315,000₹5,250-₹7,500
Marriott Bonvoy1:110,000₹4,500-₹6,500
Singapore Airlines KrisFlyer2:15,000₹4,000-₹12,500
British Airways Executive Club (Avios)2:15,000₹3,500-₹9,000
Qatar Airways Privilege Club (Avios)2:15,000₹3,500-₹9,000
Cathay Asia Miles2:15,000₹3,500-₹10,000

Amex India lists exact partners/ratios only after login; transfers are irreversible and process within hours. 18% GST applies on some conversions - check at redemption.

Earns nothing on

  • Fuel: no MR points (MR T&C Section III.1(a) - Amex publishes categories, not MCC codes).
  • Insurance: no MR points (MR T&C Section III.1(a)).
  • Utility services (electricity/gas/water, incl govt providers): no MR points (MR T&C Section III.1(a)).
  • EMI chosen at merchant site/terminal earns no MR points on personal credit cards (MR T&C).