American Express Membership Reward Credit Card

American Express Membership Reward Credit Card

Rewards | Lifestyle | Dine-in

3.9/5 ★★★★★

Experience a blend of rewards and convenience with the American Express Membership Rewards® Credit Card. With a modest first-year fee of INR 1,000 plus applicable taxes, the card opens up a world of 4,000 bonus Membership Rewards Points as a welcome gift. Earn a reward rate of 1 point for every INR 50 spent, excluding fuel, insurance, and utility payments. From the second year, the annual fee of INR 4,500 can be waived based on your spending, ensuring value for your loyalty. With dining privileges and EMI options, this card is tailored to enhance your financial power while offering attractive redemption options.

Category

Rewards , Lifestyle , Dine-in

Minimum Credit Score Required

700

Check free credit score

APR

42% annual percentage rate

Features

  • Enjoy 1 membership reward on every INR 50 spent via this card except on a few categories.
  • Dine at selected restaurants and get a 20% discount
  • Enjoy the contactless payment feature as well.
  • Eligibility Requirements

  • Age: 21-65 years
  • Monthly Income: ₹30,000 minimum
  • ITR: ₹5,00,000 (for non-salaried)
  • Credit Score: 700 minimum
  • Welcome Offer

  • Benefit: Earn 4,000 Membership Rewards Points on spending INR 15,000 within 90 days of card membership activation.
  • Card Fee

    Annual Fee: ₹ 4500 /- *Applicable Taxes

    Joining Fee: ₹ 1000 /- *Applicable Taxes

    Foreign Transaction Fee

    3.5 *Applicable Taxes

    Fraud Liability

    Lost Card Liability Cover