I have been using American Express Gold Card since 2012 and I simply love the benefits of the card. Earlier the card did not have much acceptance, but now Amex cards are accepted at most of the portals online, including Amazon, Flipkart, Bigbasket and also in Stores including Shoppers Stop, Lifestyle.
This is a CHARGE card, which is different from Credit Card.
- You don't get a card spending limit, it is determined based on your spendings.
- You will not be able to convert your purchases into EMI's
- You have to pay the total outstanding every month.
You get 1 reward point for every Rs 50 spend, it also has 1000 reward points every month for doing 6 transaction of Rs 1000 and more per month.
The reward points can be redeemed for 18k and 24k gold reward points.
More details can be found here
American Express provides great service and I have always got satisfactory answers. If you loose the card they replace for free !
Fees & Application
First year fees is Rs 1000 + Tax and Second year onwards it's Rs 4500 + Tax
You can get additional 2000 rewards point if you apply from the link below
I highly recommend this card, it's worth, have been using it for 8 years now and have no issues.