For over a year, Amex India has paused new credit card applications, citing platform integration and regulatory compliance. Existing cardholders weren’t affected, but no fresh cards were being issued.
Now, speculation is heating up that American Express may soon start taking new applications again.
What We Know So Far
- Pause Confirmed: Amex’s official site still states that applications are “temporarily paused.”
- Rumours Circulating: Industry chatter suggests a relaunch could be around the corner, possibly aligned with the festive season.
- Regulatory Backdrop: RBI’s earlier restrictions (on onboarding new customers) had already been lifted, so the pause is more about Amex’s internal systems shift.
Why This Matters
- Premium Rewards: Amex Platinum & Gold Charge Cards are among the best for travel, dining, and luxury benefits.
- Competition Heating Up: With banks like IDFC, Axis, and HDFC expanding aggressively, Amex’s comeback could shake up the premium segment.
- Uncertainty Still Remains: Until Amex itself makes an announcement, this is speculation — not confirmation.
My Take
If you’ve been waiting to apply for an Amex, keep your eyes on official updates. A festive-season reopening would make sense — but until then, consider strong premium alternatives like HDFC Infinia, Axis Magnus, or IDFC Wealth.
What do you think?
- Will Amex cards still hold the same appeal in India given the competition?
- Which Amex card would you apply for first if applications reopen — Platinum, Gold, or Membership Rewards?