American Express Membership Rewards® Credit Card

Reward Points

You'll earn 1 Membership Rewards Point for every Rs. 50 spent, with the exception of transactions involving fuel, insurance, utilities, cash transactions, and EMI conversion at the point of sale.

Regarding the redemption of your reward points, you can exchange them for vouchers from top brands available in the 18 Karat and 24 Karat Gold Collection. Here are the details for this redemption option:

Note: American Express® updates the brands for gift vouchers from time to time. You must check the official website for the latest options.

The card provides a renewal fee waiver and bonus reward points when you renew your card. Here are the details regarding these benefits:

• Renewal Fee Waiver: You can benefit from an annual fee renewal fee waiver based on the following criteria:
• 100% Renewal fee waiver for spending Rs. 1.50 Lakh or more in the previous year of card membership.
• 50% Renewal fee waiver for spending between Rs. 90,000 to Rs. 1.49 Lakh in the previous year of card membership.
• Additional Rewards: Upon the first-year card renewal and payment of the annual membership fee, you can earn 5,000 Membership Rewards Points. These points will be credited to your account within 90 days of card renewal.

The American Express Membership Rewards® Credit Card offers a range of additional benefits, including:

• Bonus Membership Rewards Points: Earn 1,000 bonus Membership Rewards Points when you use your card for transactions of Rs. 1,500 or more at least 4 times in a calendar month.
• Welcome Benefit: Receive 4,000 Membership Rewards Points on the payment of the joining fee and on spending Rs. 15,000 within the first 90 days of card membership.
• Monthly Milestone Benefit: Earn 1,000 Membership Rewards Points when you spend Rs. 20,000 or more in a calendar month*.
• EMI Conversion: You have the option to convert purchases of Rs. 5,000 or more into easy EMIs at a low interest rate.
• Fuel Convenience Fee Waiver: Enjoy savings on your fuel expenses with the following details:
• 0% convenience fee on fuel purchases less than Rs. 5,000 at HPCL Petrol Pumps.
• A 1% convenience fee is applicable on fuel purchases of Rs. 5,000 and above at HPCL Petrol Pumps.

The table below shows applicable fees and charges for American Express Membership Rewards® Credit Card:

To be eligible for this credit card, the applicant must meet the following criteria in addition to being an Indian resident, having an account with an Indian or multinational bank, and maintaining a good credit history with no payment defaults:

The American Express Membership Rewards® Credit Card is a highly advantageous choice if your primary objective is to amass reward points. It permits you to convert these earned reward points into vouchers from top brands such as Amazon, Flipkart, Big Basket, and more. While the redemption options are somewhat limited to vouchers, it can be a compelling option for avid online shoppers. However, if you are seeking a rewards credit card with a broader range of benefits, there are other low annual fee credit cards available in the market that offer cashback and additional perks.

If you think American Express Membership Rewards® Credit Card is not a suitable match for you, then you can refer to the Credit Cards mentioned in the table below:

You have the convenience of paying your credit card bill online through methods such as NEFT and UPI. Alternatively, if you prefer to make offline payments, you can do so by sending a cheque or draft to the American Express head office located in Gurugram.

With this credit card, you have the opportunity to accumulate Membership Rewards Points through your purchases. These earned reward points can be redeemed for gift vouchers from leading brands by accessing your rewards account online. To do so, you can simply choose between the 18 karat or 24 karat plan and proceed to redeem your reward points for the desired vouchers.

There are various reasons why your card may be declined, with one of the most common reasons being an insufficient credit limit. If you have enough available credit for the purchase and your card is still declined, it's advisable to reach out to American Express customer care. They can help you identify the specific reason for the decline and assist in resolving the issue.

No, you can exclusively apply through the official website of American Express®. You need to complete an online application form and submit the necessary documents. Once submitted, the bank will proceed to verify your information and process your credit card request.

In case you realize that your card is lost, it's crucial to promptly report it to American Express customer care. You can accomplish this by calling the 24-hour cardmember helpline number. If your card is damaged, requesting a replacement is equally simple. You can initiate the replacement process by logging into your American Express account.

Yes, it's possible to withdraw cash using your American Express Membership Rewards® Credit Card. However, please note that a cash advance fee of 3.5% will be applied to the amount you withdraw. Moreover, finance charges will begin accumulating until you clear the full outstanding amount from the cash advance. Given these associated costs, it's generally advisable to avoid cash withdrawals using your credit card due to the higher charges involved.