Blog Created On - 19 Nov 2024
American Express Membership Rewards Credit Card
Annual fee
First Year fee : Rs. 1,000 plus applicable taxes
Second Year onwards : Rs. 4,500 plus applicable taxes
Reward Earn Rate
Earn 1 Membership Rewards® Point for every Rs. 50 spent except for spend on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale2.
Fee Waiver
The Annual Membership Renewal fee of Rs.4500 will be 100% waived off if total spends on American Express Credit Card in the immediately preceding membership year is Rs.1,50,000 and above; else
50% annual membership renewal fee will be waived off if total spends on American Express Credit Card in the immediately preceding membership year is Rs.90,000 to Rs.1,49,999.
Other Key Benefits
Bonus Membership Rewards Points
Earn 1,000 Bonus Membership Rewards Points for simply using your card 4 times on transactions of Rs. 1,500 or above in a calendar month.
Monthly Spend Milestone
Earn an additional 1,000 Membership Rewards points simply by spending INR 20,000 or more in a calendar month. This is an enrollment based benefit.
Additional Rewards on Card Renewal
Earn 5,000 Membership Rewards Points upon First Year Card Renewal, on payment of annual membership fee. Points to be credited within 90 days of Card renewal
American Express EMI
Split the payment and not the joy. Use your American Express Credit Card for your next big purchase & pay in EMI.
Points Redemption Offer
Get any one of the fabulous reward options from the stunning new 18 and 24 Karat Gold Collection4, specially chosen for you.
24,000 MR points / 24 Karat Gold Collection: (you can choose any of them)
18,000 MR points / 18 Karat Gold Collection: (you can choose any of them)