American Express Membership Rewards® Credit Card

8.4
Expert ScoreRead review
  • 4,000 Bonus Membership Reward Points as a welcome benefit.
  • 1 Membership Reward Point per Rs. 50 spent.
  • 2X Membership Rewards on all spends through Rewards Multiplier portal.
  • 1,000 Membership Reward Points on the spending of Rs 20,000 in a calendar month
  • 5,000 Membership Reward Points on paying the 1st-year renewal fee of Rs 4,500
  • A spend-based waiver on a renewal fee
  • 1% waiver on fuel surcharge at all HPCL fuel stations
  • Get special dining discounts up to 20% off

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American Express Membership Rewards® Credit Card

8.4
Expert ScoreRead review
  • 4,000 Bonus Membership Reward Points as a welcome benefit.
  • 1 Membership Reward Point per Rs. 50 spent.
  • 2X Membership Rewards on all spends through Rewards Multiplier portal.
  • 1,000 Membership Reward Points on the spending of Rs 20,000 in a calendar month
  • 5,000 Membership Reward Points on paying the 1st-year renewal fee of Rs 4,500
  • A spend-based waiver on a renewal fee
  • 1% waiver on fuel surcharge at all HPCL fuel stations
  • Get special dining discounts up to 20% off
Category:
Reward Type
Reward Points
Renewal Fee
Rs 4,500 + GST
Joining Fee
Rs 1,000 + GST
Type of Card
Reward
Welcome Benefits
Welcome benefit of 4,000 Bonus Membership RPs can be availed on settling the joining fee of Rs. 1,000 and spending of Rs 15,000 within the first 90 days of the card issuance.

USP of Card

  • 4,000 Bonus Membership Reward Points as a welcome benefit.
  • 1 Membership Reward Point per Rs. 50 spent.
  • 2X Membership Rewards on all spends through Rewards Multiplier portal.
  • 1,000 Membership Reward Points on the spending of Rs 20,000 in a calendar month
  • 5,000 Membership Reward Points on paying the 1st-year renewal fee of Rs 4,500
  • A spend-based waiver on a renewal fee
  • 1% waiver on fuel surcharge at all HPCL fuel stations
  • Get special dining discounts up to 20% off

Fees & Charges

Spend Based Waiver
A spend-based waiver on a renewal fee of Rs 4,500 on annual spending of Rs 1,50,000. Get 50 percent waiver on the renewal fee on annual spending between Rs 90,000 to 1,49,999
Interest Rates
3.5% per month
Cash Advance Charges
3.5% on the conversion amount
Rewards Redemption Fee
Rs 250 per redemption request
Fuel Surcharge
You get 0%waiver on fuel convenience fee at HPCL fuel stations on fuel transactions below Rs 5,000. You get a 1% waiver on the fuel convenience fee at all fuel stations across India.
Foreign Currency Markup
2.5% of the amount withdrawn subject to a minimum amount of Rs 250
Late Payment Fee
-
Add-on Card Fee
Rs 1,500 (plus applicable taxes)

Rewards & Benifit

Movie & Dining offers
Get special dining discounts up to 20% off using your American Express Reward credit card at select restaurants
Reward Redemption
You can redeem the membership reward points accrued with American Express 18 and 24 Karat Gold Collection
Zero Liability Protection
You get liability protection assurance such as zero lost card assurance, 24×7 card assistance, emergency card replacement, Dispute resolution
Rewards Rate
1 membership reward point per Rs 50 spent excluding fuel transactions, Utility bill payments, insurance, and cash transactions
Travel
NA
Online Shopping offers
NA
Insurance Benefits
NA
Domestic Lounge Access
NA
International Lounge Access
NA
8.4Expert Score
  • 4,000 Bonus Membership Reward Points as a welcome benefit.
  • 1 Membership Reward Point per Rs. 50 spent.
  • 2X Membership Rewards on all spends through Rewards Multiplier portal.
  • 1,000 Membership Reward Points on the spending of Rs 20,000 in a calendar month
  • 5,000 Membership Reward Points on paying the 1st-year renewal fee of Rs 4,500
  • A spend-based waiver on a renewal fee
  • 1% waiver on fuel surcharge at all HPCL fuel stations
  • Get special dining discounts up to 20% off
Best values score
8.4
PROS
  • Membership Reward Points do not expire.
  • There are no reward points earned on transactions made for fuel and utilities.
CONS
  • This card is exclusively available to residents of specific cities (Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Indore, Coimbatore, Chandigarh, Ahmedabad, Surat, Vadodara, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum and Mysuru).
8.4Expert Score
  • 4,000 Bonus Membership Reward Points as a welcome benefit.
  • 1 Membership Reward Point per Rs. 50 spent.
  • 2X Membership Rewards on all spends through Rewards Multiplier portal.
  • 1,000 Membership Reward Points on the spending of Rs 20,000 in a calendar month
  • 5,000 Membership Reward Points on paying the 1st-year renewal fee of Rs 4,500
  • A spend-based waiver on a renewal fee
  • 1% waiver on fuel surcharge at all HPCL fuel stations
  • Get special dining discounts up to 20% off
Best values score
8.4
PROS
  • Membership Reward Points do not expire.
  • There are no reward points earned on transactions made for fuel and utilities.
CONS
  • This card is exclusively available to residents of specific cities (Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Indore, Coimbatore, Chandigarh, Ahmedabad, Surat, Vadodara, Lucknow, Ludhiana, Nagpur, Nasik, Trivandrum and Mysuru).

Specification: American Express Membership Rewards® Credit Card

Bank Name

American Express

Type of Credit Card

Joining Fees

Renewal fees

Best Suited for

Reward Type

Welcome Benifits

Movie & Dining Offers

Travel Offers

online shopping offers

Reward redemption

Reward Rate

Domestic Lounge Access

International lounge access

Insurance Benifits

Zero liability protection

Spend based waiver

Reward redemption charges

Foreign currency markup Charges

Interest Charges

Fuel Surcharges

Cash advance charges

Interest Free credit periods

Add on card fee

ELIGIBILITY CRITERIA

Late Payment Fee

Partner Discounts

Reward offer savings

USP of Card

BestValue Score

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American Express Membership Rewards® Credit Card
American Express Membership Rewards® Credit Card

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