What is an Amex Membership Rewards Credit Card?

 

**Disclaimer: American Express Bank is not a Finserv MARKETS partner. Offers would be from partner Banks/NBFCs only.

 

The American Express Membership Rewards Credit Card is one of the best entry-level credit cards that offer great rewards to its users. This highly rewarding credit card is an absolute delight for the shoppers as it gives an assured return on spend, avail 4,000 bonus reward points, get travel discounts, exciting gift vouchers, and a lot more.

Amex Membership Rewards Credit Card Features and Benefits

  • Welcome Benefits

Get 4,000 Bonus Membership Rewards Points as a welcome gift on the spending of Rs. 2,000 within 60 days of card membership.

  • Annual Fee Offer

Pay the first-year annual membership fee and get 5,000 bonus Membership Reward Points.

  • Fuel Convenience Fee Waiver

Your convenience fee will be waived off on making transactions of up to Rs. 25,000 and 0.3% of convenience fee will be charged on transactions above Rs. 25,000, only at HPCL fuel stations.

  • Rewards Program

User will get 1 Membership Reward Point on every Rs. 50 spent (Reward Points are not applicable on Fuel, Insurance, Utilities and Cash Transactions).

  • Bonus Reward Points

Use your Amex Membership Rewards® Credit Card at least 4 times per month to transact Rs. 1,000 or more and earn 1,000 bonus Membership Reward Points.

Amex Membership Rewards Credit Card Fees and Charges

Description

Charges

Annual Fee

Rs. 1,000 plus applicable taxes

Renewal Fee

Rs. 4,500 plus applicable taxes

Add-on Card Joining Fee

Nil for up to 2 add-on cards. Rs.1,500 from the third card.

Add-on Card Annual Fee

Nil for up to 2 add-on cards. Rs.1,500 from the third card.

Amex Membership Rewards Credit Card Eligibility and Documentation

Amex Membership Rewards Credit Card Eligibility Criteria

  • Cardholder should be over 18 years of age.

  • Cardholder should have a Personal Annual Income of Rs. 6 Lakhs and above.

  • Cardholder should have an Indian or multinational bank’s savings or current account in India.

  • The applicant must be an Indian resident.

Documents Required for Amex Membership Rewards Credit Card

  • Identity Proof - Aadhaar Card/ PAN Card/ Driving License/ Voter ID/ Passport

  • Income Proof - Latest salary slips for salaried, Income Tax Return (ITR) of 2-3 years for self-employed

  • Residence Proof - Aadhaar Card/ Utility Bills/ Driving License/ Voter ID/ Passport

Amex Membership Rewards Credit Card Rewards and Offers

Sr. No.

Rewards

Value

1.

Get 4,000 bonus membership rewards points on joining

4,000 MP

2.

Get 5,000 bonus membership rewards points on renewal

5,000 MP

3.

Get up to 20% discount on dining at select restaurant partners

20%

4.

Get one Membership Reward Point for every INR 50 spent on the card

1 MP

5.

Pay the first-year annual membership fee and get 5,000 bonus Membership Reward Points.

5,000 MP

How to Apply for Amex Membership Rewards Credit Card?

Once you have evaluated the different Amex credit card types and decided on the one for yourself. Please note that Amex credit cards, including the Amex Membership Rewards Credit Card, are not available on the Finserv MARKETS website. However, if you wish to get the best Amex credit card online, you can apply via the bank’s official website. Alternatively, you can apply offline by calling the Amex credit card customer care or visiting your nearest Amex Bank branch.

FAQs About Amex Membership Rewards Credit Card

  • ✔️What is American Express Membership Rewards credit card?

    The American Express Membership Rewards credit card is one of the best entry-level rewarding credit cards from American Express that is specially designed for frequent shoppers who loves to get returns on spend.

  • ✔️Is American Express Membership Rewards credit card good?

    Yes, the American Express Membership Rewards credit card is one of the best entry-level credit cards that offer rewards on every spend. A user will get 4,000 Bonus Membership Rewards® Points as a Welcome Gift, get travel discounts, exciting gift vouchers, and a lot more.

  • ✔️How can I make my Amex Membership Rewards credit card lifetime free?

    You can make your Amex Membership Rewards credit card lifetime free if you have an ITR above 12 Lakhs.