American Express Platinum Charge Card VS Axis Bank Olympus Credit Card
Both Axis Bank Olympus Credit Card and American Express Platinum Charge Card suit travel-focused spenders, but they earn and cost differently. Axis Bank Olympus Credit Card costs ₹20,000 + GST and earns 1 EDGE Mile/₹100 domestic (4% effective) & 2 EDGE Miles/₹100 international (5.8% effective). American Express Platinum Charge Card costs ₹66,000 + GST and earns 1 MR Point for every ₹40 domestic spend; 3X MR Points on international spends; up to 20X on luxury brands. Axis Bank Olympus Credit Card also brings unlimited domestic lounge access for primary & add-on cardholders + 10 guest visits annually, while American Express Platinum Charge Card counters with unlimited complimentary access to partner lounges in India via American Express Global Lounge Collection®. If international spends spending matters more, go with Axis Bank Olympus Credit Card; if dining is the priority, American Express Platinum Charge Card fits better.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
American Express Platinum Charge Card
Axis Bank Olympus Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
Unparalleled global lounge access to over 1,550 airports worldwide.
No preset credit limit provides exceptional spending power and flexibility.
Fast-track elite status with top hotel chains like Marriott, Hilton, and Taj.
Generous welcome benefits including vouchers worth ₹60,000 from luxury brands.
Dedicated 24x7 global concierge service for personalized assistance.
Pros
Key benefits and features.
Exceptional reward rate of 4% on domestic and 5.8% on international spends.
Unlimited domestic and international lounge access for primary and add-on cardholders.
Complimentary Taj Epicure membership offers significant dining and stay discounts.
Flexible redemption via Travel EDGE (1 EDGE Mile = 4 Partner Points) or transfer to partners.
Enjoy 8 complimentary golf rounds/lessons annually, with additional rounds on spend.
Cons
Key drawbacks and limitations.
Extremely high joining and annual fees of ₹66,000 plus applicable taxes.
No spend-based waiver available for the substantial annual renewal fee.
Reward points earning is excluded for utility bill payments and insurance transactions.
High foreign currency markup of 3.5% on international transactions.
Fuel surcharge waiver is limited and not comprehensive across all stations.
Cons
Key drawbacks and limitations.
High joining and annual fees of ₹20,000 + GST make it a significant investment.
Lacks milestone benefits, which are often expected from super-premium credit cards.
No spend-based waiver for the annual fee, requiring full payment each year.
Exclusion of reward points on key categories like utilities, rent, and fuel.