American Express Gold Credit Card: Fees, Rewards & Benefits
Rewards card
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The Amex Gold is built almost entirely around two perks: the 1,000-point monthly milestone on 6 transactions and the Rs. 500 monthly Lakme cashback. If you hit both, the Rs. 4,500 fee is easily justified, but the base 0.5% earn rate, lack of lounge access and 3.5% forex markup make it a niche, milestone-driven card rather than an all-rounder.
Rewards card
The Bottom Line
The Gold Card is built for lakme salon regular and disciplined small-ticket spender. With a ₹4,500 annual fee, it offers 2.5% rewards on reward multiplier (shopping) and 4,000 bonus points. It makes the most sense if your spending matches lakme salon regular and disciplined small-ticket spender.
It earns a base reward rate of 0.5% and stacks best when your spending lines up with Lakme Salon regular, Disciplined small-ticket spender.
Who Should Get This Card
Use this as a quick filter before comparing rewards or fees in detail.
Best fit for
IdealSomeone who visits Lakme Salons monthly can recover up to Rs. 500/month (Rs. 6,000/year) in cashback, far exceeding the Rs. 4,500 fee.
A cardholder who reliably makes at least 6 transactions of Rs. 1,000+ each month to bank the 1,000 monthly bonus points, which dominate the card's value.
Probably not for
SkipThere is zero lounge access and a 3.5% forex markup, making it a poor travel companion.
The 1 MR per Rs. 50 base rate is uncompetitive; anyone chasing high everyday returns will earn far more elsewhere.
Is It Worth It For You?
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Reward Rates
Gold Card offers 0.5% basic reward rate.
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Welcome Offer
Welcome gift of 4,000 Bonus Membership Rewards Points, available only in the first year, on payment of the annual fee and spending Rs. 10,000 within 90 days of Cardmembership.
Milestone Benefits
1,000 bonus Membership Rewards Points every calendar month for making 6 transactions of Rs. 1,000 or more each (a transaction-count condition, not simply an aggregate Rs. 6,000 spend threshold).
Fees & Charges
Eligibility
- Min Income: ₹6 Lakhs
- Age 18+, resident Indian, min annual income Rs 6L, good credit history, no defaults; available in select Tier-1/Tier-2 cities only.
Exclusions & Terms
Forex markup
- Foreign currency markup
Cash Transactions / Cash Advances
- Cash transactions and cash advances do not earn Membership Rewards Points.
Frequently Asked Questions
2 data-backed answers from our card database
Ready to apply?
₹4,500 annual fee. Apply on the American Express website.
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