American Express
American Express Membership Rewards Credit Card
Annual Fee
₹4,500
Base Reward
2% MR points
Foreign Markup
3.5%
Welcome Benefits
4,000 Bonus Membership Reward Points on Spending of ₹15,000 Within the First 90 Days of Card Issuance
Product Highlights
- 4,000 Bonus Membership Reward Points as a welcome benefit.
- 1 Membership Rewards Point per ₹50 spent.
- 2X Membership Rewards on all spends through the Rewards Multiplier portal.
- 5,000 Membership Reward Points on paying the 1st-year renewal fee of ₹4,500.
Category Rewards
shopping
2 Membership Rewards Points/₹50 Spent
2 Membership Rewards Points/₹50 Spent
~1% effective
Fee Waiver
Full Annual Fee Waiver on Spends of ₹1,50,000
Merchant-Specific Rewards
1 pt = ₹0.5
Amazon
online
Flipkart
online
Rewards Details
1 Membership Rewards Point per ₹50 spent, excluding fuel, utility, and insurance. Earn up to 2,000 Bonus MR Points on achieving monthly milestone spends.
- Redeem MR Points for Various Vouchers With the 18 and 24 Karat Gold Collection.
We use ₹0.5/point as the effective value for card comparisons and recommendations.
Benefits & Features
Special Dining Discounts at Select Restaurants
Pros & Cons
Pros
- Membership Reward Points do not expire.
- The reward rate on this card can be quite attractive, especially when transferring points to Marriott Bonvoy.
Cons
- No MR Points earned on transactions made for fuel and utilities.
- Exclusively available to residents of specific cities.
Additional Info
Important note 1
Note 2
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
18 yrs
Salaried
₹6.0L+
Self-Emp
₹6.0L+
Networks
Fee Waiver
Full Annual Fee Waiver on Spends of ₹1,50,000