The American Express – Platinum Credit Card
Minimum Salary
AED
Islamic Finance
No
Cashback
No
Annual Fee
AED 0
Salary Transfer
No
Rate
3.25%
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Features

  • Membership Rewards Points: Earn 2 Membership Rewards® points for every AED 4 spent. Points can be redeemed with 14 airlines, 3 hotel partners, and for merchandise from top brands in fashion, electronics, and more.
  • Annual Fee Waiver: Get the annual fee waived with FeeBack* when you spend at least AED 10,000 on purchases within the first 3 months.
  • Global Airport Lounge Access: Enjoy complimentary access to over 1,300 lounges worldwide across 140 countries with Priority Pass™, including up to 12 visits with a guest.
  • Comprehensive Insurance:
    • Retail Insurance: Coverage up to AED 5,400.
    • Travel Accident Insurance: Coverage up to AED 1,800,000.
    • Travel Inconvenience Insurance: Coverage up to AED 5,400.
  • Supplementary Cards: Receive up to 2 complimentary supplementary cards.
  • Joining Offer: Eligibility criteria for the 30,000 Membership Rewards points joining offer.
Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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