American Express Gold Charge Card Review

American Express Gold Charge Card Review

American Express Gold Charge Card Review

American Express Gold Charge card also popularly known as the Amex Gold Card globally is an entry level Charge Card in India from American Express. It is one of the only two “Charge” Cards issued in the country at the moment.

From no-preset credit limit to handsome rewards and premium support, here’s everything you need to know about this beautiful Amex Gold Charge Card.

Table of Contents


Type Charge Card
Reward Rate 1% – 4%
Joining Fee 1,000 INR+GST
Best for Taj Voucher Redemptions
USP Dynamic Credit limit & Monthly Rewards

American Express Gold Charge Card is a rewards card that gives handsome reward rate, as good as ~4% or even beyond, if used right.

If you’re new to credit cards (holding at-least one non-Amex card) and looking for higher credit limit, you may start with Amex Gold charge card – more on the credit limit in detail later.

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Apply through the link on the page & you’ll get additional 2,000 Referral Bonus Membership Rewards® points (spend INR 5,000 within 90 days)


Joining Fee 1,000 INR+GST
Welcome Benefit 4,000 MR Points (1000 INR value)
Renewal Fee 4,500 INR+GST
Renewal Benefit Nil
Renewal Fee waiver Nil

The welcome benefit not only offset’s the joining fee but also comes with bit more value if you redeem the points for Amex Gold Collection.

The renewal fee indeed looks pretty high but not to worry, as you can get it waived off by calling Amex support. Expect upto 100% waiver on renewal as long as your annual spends are over 2 Lakhs.


Amex Gold Charge Card India

The Amex Gold Charge Card has one of the iconic design I’ve ever come across. There are no credit cards in India that gets noticed as good as this, even the metal cards doesn’t get the attention that this golden card gets.

It looks elegant and gives a wow feel when someone looks at it for the first time. I’ve had many conversations around it for many years with merchants back in time when Amex cards were not issued to the mass market.

Credit Limit

The most important difference between other credit cards and Amex Gold Charge card is that it doesn’t come with a preset credit limit and you can’t convert your purchases to EMI either, as full due has to be paid upon stmt generation.

While the card doesn’t come with a credit limit, it does have a “shadow limit” which Amex calls it as “Credit Support” and it keeps changing as per your spend pattern.

Amex used to allow me to charge as high as Rs. 20 Lakhs on my Gold Charge Card back in time when I was using the card. This was possible even with not-so high regular spends.

However, from what I’m hearing from other cardholders, they’re giving relatively low credit limit on their Gold charge cards these days and that they’re also proactively reducing the limit if there is no regular usage on the card.

Having said that, you may expect it to allow a lot higher charge than a typical credit card, as long as the spends are happening regularly.


Regular Spends 1 MR on every 50 INR spend 0.50% ~1%
  • Utilities, Fuel spends are included as well
  • Rewards don’t expire.

It’s good to see that Amex has decided to offer rewards on fuel & utilities on this card recently, so you can take advantage of this benefit.

If you plan to use this card for fuel, do it only at HPCL (0% fuel surcharge), as other outlets might charge considerably high fuel surcharge on Amex Cards.

The reward points earned on MRCC are ideally meant for Marriott transfers (or) Taj voucher redemptions via 24K Gold Collection, as other options are not attractive enough, unless you know what you’re doing.

Also note that the MR points earned on Gold Charge Card can be Want to learn about Finance, Investing, and much more!, Checkout our partner blogs.