Amex platinum foreign transaction fee

[praneeth999]

Hello. I can apply to both US and Indian variant of amex platinum card and pre-approved for either of them.

US variant of platinum seems to a better option with many perks/credits along with zero foreign transaction fee.

I am wondering if Indian variant also has zero/nil foreign transaction fee or not. Unless i am missing something, it is certainly not advertised on amex website so I guess it's not a feature for Indian cards.

Can someone who has/use the card confirm ? Appreciate your response.

 

[bsc0008]

Amex India cards has 3.5% + GST forex charges.

Schedule of Fees and Charges

 

[Deleted member 11974]

amex us cards have add on fee as well

 

[drmsiva]

It was about 4.4% in total when I used the Amex Platinum for transaction in euro last week - partially compensated by 3X rewards.

 

[praneeth999]

Amex India cards has 3.5% + GST forex charges.

Schedule of Fees and Charges

View attachment 48414

Thanks for your reply. Then US card would be of best use to me.

 

[Vasuki]

Thanks for your reply. Then US card would be of best use to me.

Ofcourse us card is a no brainer
Even uAe version is better
Japanese version too

 

[Tejo]

Ofcourse us card is a no brainer
Even uAe version is better
Japanese version too

Do you have UAE amex card ?

 

[Vasuki]

Do you have UAE amex card ?

One of my friend cousin have ..
Almost par with usa amex ...
Way better than India

 

[Maikalal Jaikishan]

It was about 4.4% in total when I used the Amex Platinum for transaction in euro last week - partially compensated by 3X rewards.

How did you get 3x for foreign transaction? Are there foreign sites in reward multiplier?

 

[drmsiva]

How did you get 3x for foreign transaction? Are there foreign sites in reward multiplier?

It is a standard reward structure for Amex Platinum charge card - 3X rewards for all international transactions. It is automatically given for all overseas transactions. Amex gives the reward for the whole amount - including conversion charge and GST.

 

[Maikalal Jaikishan]

It is a standard reward structure for Amex Platinum charge card - 3X rewards for all international transactions. It is automatically given for all overseas transactions. Amex gives the reward for the whole amount - including conversion charge and GST.

Oh ok. But plat charge has zero conversion charges too, I thought?

 

[drmsiva]

Oh ok. But plat charge has zero conversion charges too, I thought?

No. Officially, it is 3.5% + GST but around 4.4% in total when I checked it couple of times with mid market rates in Xe.

 

[shubhank008]

No. Officially, it is 3.5% + GST but around 4.4% in total when I checked it couple of times with mid market rates in Xe.

Yep, its 4.44-4.5%, Japan trip last month, all transactions were like midmarket rate + 4.4% (didnt calculate exact but definitely above 4%).
During the trip, did all flight/hotel payments via Axis Atlas and everything else via Platinum Travel.
Didn't have Platinum charge unfortunately, the 3x MR points would have given some comfort.

SBI Elite is like 2.5% if I remember correct from 2023 trip but RPs quite worthless. For now happy to use PT to reach the 4L milestone, specially before the Virgin Atlantic 30% transfer bonus ends.

 

[shubhank008]

Hello. I can apply to both US and Indian variant of amex platinum card and pre-approved for either of them.

US variant of platinum seems to a better option with many perks/credits along with zero foreign transaction fee.

I am wondering if Indian variant also has zero/nil foreign transaction fee or not. Unless i am missing something, it is certainly not advertised on amex website so I guess it's not a feature for Indian cards.

Can someone who has/use the card confirm ? Appreciate your response.

Out of curiosity, is US Amex or any CC offered to non-residents as well ? What is the criteria

 

[praneeth999]

Out of curiosity, is US Amex or any CC offered to non-residents as well ? What is the criteria

I think technically yes, as long as you have a us tax number, eligible for the card and get card shipped to a US address.

 

[peregrine0falcon]

When does Amex charge the forex transaction fees for the payments done in USD? My billing cycle is done and there was No additional charge.

 

[drmsiva]

The amount would have included conversion fees and GST. Amex does not show them individually. It is 3.5% (+GST) uniform as far as I know.

HDFC CC shows conversion fees, SGST and CGST as additional transactions.