American Express
American Express SmartEarn Credit Card
Annual Fee
₹584₹495 + GSTBase Reward
1% MR points
Foreign Markup
3.50% on international transactions
Welcome Benefits
₹500 cashback on eligible spends of ₹10,000 within 90 days of card issuance
Product Highlights
- Low joining fee of ₹495
- 10X reward points on popular platforms
Category Rewards
shopping
10X Membership Reward Points on select merchants
10X
~5% effective
Specialty
5X Membership Reward Points on Amazon
5X
~2.5% effective
Fee Waiver
Annual renewal fee waived on spends of ₹40,000 in the previous year
Merchant-Specific Rewards
1 pt = ₹0.5
Flipkart
10X Partners
Zomato
10X Partners
Ajio
10X Partners
Nykaa
10X Partners
BookMyShow
10X Partners
Uber
10X Partners
EaseMyTrip
10X Partners
Amazon
5X Amazon
Reward Calculator
Earns ₹12,616/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
13.2K
American Express Membership Rewards Points
₹13.2K
via statement credit
Effective rate
6.88%
Annual fee
₹584
Year 1 net
+₹12,616
Year 2+ net
+₹12,616
ongoing
Adjust your spend by reward bucket
3 bucketsRedemption channels
highest value = bestStatement credit
₹0.5/pt
Travel partner
₹1/pt
Milestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
₹500 voucher
₹500 voucher (cumulative ₹1,000)
₹500 voucher (cumulative ₹1,500)
Real Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
10X Partners
Headline: 10.00% effective
5X Amazon
Headline: 5.00% effective
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, insurance, utility, cash advance, emi pos conversion
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 10X Reward Points on popular platforms and brands like Zomato, EaseMyTrip, Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, BlinkIt, and Myntra. Earn 5X Reward Points on Amazon.
- Can be redeemed against online shopping vouchers, INSTA rewards for offline purchases, transferable to various flight and hotels loyalty programmes and for making credit card bill payments under the Cash + Points scheme.
We use ₹0.5/point as the effective value for card comparisons and recommendations.
Benefits & Features
10X Reward Points on spends on Uber (max cap of 500 Points)
Pros & Cons
Pros
- Low joining fee of just ₹495
- 10X reward points on purchases from Flipkart, Zomato, PVR, and Uber
Cons
- No domestic or international lounge access
- Primarily a shopping card with limited additional benefits
Additional Info
Membership Rewards Points do not expire
1 add-on credit card for free, ₹250/card thereafter
Max 1,250 Membership Reward Points in a month at an accelerated rate.
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
₹4.5L+
Self-Emp
₹6.0L+
Networks
Fee Waiver
Annual renewal fee waived on spends of ₹40,000 in the previous year