Which card has a lower forex fee: American Express Platinum Travel Credit Card or IDFC First Bank Mayura Credit Card?

IDFC First Bank Mayura Credit Card has lower forex markup (0% vs 3.5%).

Which card has a lower annual fee: American Express Platinum Travel Credit Card or IDFC First Bank Mayura Credit Card?

American Express Platinum Travel Credit Card has a lower annual fee (₹5,000 annual fee vs ₹5,999 annual fee).

Which card offers better lounge access?

American Express Platinum Travel Credit Card: 2 per quarter domestic lounge. IDFC First Bank Mayura Credit Card: 4 domestic + 4 international lounge visits/quarter.

Which card has a higher base reward rate?

Base reward rates are not fully available for both cards in the current snapshot.

Pairwise comparison Compare 3+ cards →

American Express Platinum Travel vs IDFC FIRST Bank Mayura Credit Cards – Fees, Lounge, Forex

Side-by-side comparison of the American Express Platinum Travel and the IDFC FIRST Bank Mayura. Verify fees, lounge access, forex markup, and base rewards before you apply.

Platinum Travel

Mayura

The short answer

Verdict

Pick Mayura for spending abroad and lounge access.

Head-to-head

Three core metrics

Annual fee

Platinum Travel ₹5,000

Mayura ₹5,999 Annual-fee waiver not offered

Platinum Travel saves ₹999/yr
Forex markup

Platinum Travel 3.5%

Mayura 0%

Mayura saves ~₹3,500 per ₹1L abroad
Domestic lounge

Platinum Travel 8/year (2 per quarter)

Mayura 16/year (4 per quarter) Conditional · 4/quarter · requires ₹20,000 spend in the previous month (unlocks the following month)

Mayura: +8 lounge visits/yr

Reward earning explained

Per card

Platinum Travel

3 Travel Credits / ₹150

Strong data

Mayura

5 pts / ₹150

Strong data

Pick based on what matters

4 dimensions

Start with the constraint you care about most: annual fee (American Express Platinum Travel: ₹5,000 vs IDFC FIRST Bank Mayura: ₹5,999), forex markup (3.5% vs 0%), or lounge access (8/year (2 per quarter) vs 16/year (4 per quarter)).

Travel Insufficient data

Insufficient data to compare travel

Only IDFC FIRST Bank Mayura has comparable evidence here. Forex markup is 0%.

Platinum Travel: Strong data Mayura: Strong data
Forex markup IDFC FIRST Bank Mayura wins

IDFC FIRST Bank Mayura is better for forex

IDFC FIRST Bank Mayura is stronger here. Forex markup is 0%.
Lounge access IDFC FIRST Bank Mayura wins

IDFC FIRST Bank Mayura is better for lounge access

IDFC FIRST Bank Mayura is stronger here. IDFC FIRST Bank Mayura offers 16 domestic lounge visits per year versus 8.
Rewards Insufficient data

Insufficient data to compare rewards

Available evidence is incomplete: American Express Platinum Travel is not safely INR-comparable (no usable point value). IDFC FIRST Bank Mayura conservative base value ~0.8333333333333334% per ₹100.

Platinum Travel: Strong data Mayura: Strong data

All fields

Standard view

Example usage at this monthly spend

At ₹50k/month spend:

IDFC First Bank Mayura: ~₹420/month at base rate
American Express Platinum Travel: Base earn not clearly specified

Illustrative only, using current base rates before caps.

Field	Platinum Travel American Express	Mayura IDFC FIRST Bank
Insurance — Air accident cover Only available for IDFC First Bank Mayura	Not specified	₹1 crore
Insurance — Personal accident cover Only available for IDFC First Bank Mayura	Not specified	₹10 lakh
Insurance — Lost card liability cover Only available for IDFC First Bank Mayura	Not specified	₹50,000
Insurance — Underwriter Only available for IDFC First Bank Mayura	Not specified	Insured by New India Assurance
Lounge Access
Domestic lounge visits spend-gated on some cards — see caveats 8/year (2 per quarter) vs 16/year (4 per quarter)	8/year (2 per quarter)	16/year (4 per quarter)
International lounge visits Not included vs 4 per quarter	No international lounge access	4 per quarter
Forex / International Use
Forex markup Source agreement differs — verify both. 3.5% vs 0%	3.5%	0%
Fees
Recurring annual fee ₹5,000 vs ₹5,999	₹5,000	₹5,999
First-year cost Only available for American Express Platinum Travel	₹5,000	Not specified
Annual-fee waiver Only available for IDFC First Bank Mayura	Not specified	Not offered
Interest-free period Up to 48 days vs Up to 45 days	Up to 48 days	Up to 45 days
Monthly interest rate Only available for IDFC First Bank Mayura	Not specified	3.85% / month
Fuel benefit 1% surcharge waiver · ₹5,000+ transactions · Fuel rewards excluded vs 1% surcharge waiver · ₹200–₹5,000 transactions · ₹300/month waiver cap	1% surcharge waiver · ₹5,000+ transactions · Fuel rewards excluded	1% surcharge waiver · ₹200–₹5,000 transactions · ₹300/month waiver cap
Rewards
Points per ₹150 3 Travel Credits / ₹150 vs 5 pts / ₹150	3 Travel Credits / ₹150	5 pts / ₹150
Conservative base value Not safely INR-comparable vs ~0.8%	Not safely INR-comparable	~0.8%
Earn ceiling	Not stated	Not stated
Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. Only available for IDFC First Bank Mayura	Not specified	₹0.25
Point validity Only available for IDFC First Bank Mayura	Not specified	2 years

Notes

IDFC First Bank Mayura Credit Card: Condition: ₹20,000 spend in the previous month (unlocks the following month)
Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.

American Express Platinum Travel

Verify with issuer

IDFC FIRST Bank Mayura

Verify with issuer