American Express Platinum Travel Credit Card vs Scapia Federal Bank Credit Card
How American Express Platinum Travel Credit Card and Scapia Federal Bank Credit Card compare on fees, rewards and eligibility — verified as of June 2026.
By NexMaxo Editorial Team · Terms verified June 2026
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Quick take
Scapia Federal Bank Credit Card is lifetime-free, while American Express Platinum Travel Credit Card carries a fee (₹5,000 + GST (no spend-based waiver)). If you won't reliably hit American Express Platinum Travel Credit Card's waiver spend, Scapia Federal Bank Credit Card is the cheaper card to keep.
American Express Platinum Travel Credit Card — better for higher spenders who hit annual milestones for travel vouchers.
Scapia Federal Bank Credit Card — better for travellers who want zero forex markup and lounge access at no annual fee.
Side by side
| American Express Platinum Travel Credit CardAmerican Express | Scapia Federal Bank Credit CardFederal Bank | |
|---|---|---|
| Annual fee | ₹5,000 + GST (no spend-based waiver) | Nil — lifetime-free |
| Reward rate | 1 MR pt/₹50 base; milestone bonuses at ₹1.9L / ₹4L / ₹7L annual spend | 20% coins on in-app travel, 10% other (5 coins = ₹1); 0% forex |
| Lifetime-free | No | Yes |
| Network | American Express | Visa |
| Eligibility | 18+ yrs; annual income ₹6L+; resident Indian | 21–65 yrs (salaried) / 25–65 (self-employed); resident Indian |
| Best for | Higher spenders who hit annual milestones for travel vouchers. | Travellers who want zero forex markup and lounge access at no annual fee. |
American Express Platinum Travel Credit Card
- Milestone bonuses: 7,500 pts at ₹1.9L, 10,000 at ₹4L, 22,500 pts + ₹10,000 Taj voucher at ₹7L
- Complimentary airport-lounge visits
- 1 Membership Rewards point per ₹50 base spend
Scapia Federal Bank Credit Card
- Lifetime-free — ₹0 joining and ₹0 annual fee (Federal Bank Key Fact Sheet)
- Zero foreign-exchange markup on international spends
- 20% Scapia Coins on in-app travel, 10% on other spends (5 coins = ₹1); domestic lounge access
American Express Platinum Travel Credit Card vs Scapia Federal Bank Credit Card — FAQs
Neither is universally better. American Express Platinum Travel Credit Card suits higher spenders who hit annual milestones for travel vouchers. Scapia Federal Bank Credit Card suits travellers who want zero forex markup and lounge access at no annual fee. Compare the annual fee and reward rate above against your own spending — that's what decides it.
Scapia Federal Bank Credit Card is lifetime-free, while American Express Platinum Travel Credit Card carries a fee (₹5,000 + GST (no spend-based waiver)). If you won't reliably hit American Express Platinum Travel Credit Card's waiver spend, Scapia Federal Bank Credit Card is the cheaper card to keep. On rewards, American Express Platinum Travel Credit Card gives milestone travel vouchers (up to a ₹10,000 taj voucher at ₹7l spend) plus lounge access. whereas Scapia Federal Bank Credit Card gives zero forex markup plus 10–20% scapia coins on spends — and it's lifetime-free.
Scapia Federal Bank Credit Card is lifetime-free (no fee, ever), while American Express Platinum Travel Credit Card charges ₹5,000 + GST (no spend-based waiver) (waivable on spend).
This is an informational comparison, not financial advice. Card terms change often — confirm current fees, rewards and eligibility on each issuer's official page before applying. Pay your bill in full to avoid interest.