American Express Membership Rewards Credit Card

Name: American Express Membership Rewards Credit Card
Brand: American Express
Price: 4500 INR
Availability: InStock

Updated 5 Jul 2026Source-linked

The American Express Membership Rewards Credit Card is a entry credit card from American Express, with a joining fee of ₹4,500 + GST.

Welcome benefit: 4,000 bonus Membership Rewards points.

American Express Membership Rewards Credit Card

Joining Fee₹1,000
Annual Fee₹4,500
Best Suited ForEveryday spends
Reward TypeMembership Rewards (points)

Rewards Rate

Base rate 0.50%

Welcome Benefits

4,000 bonus Membership Rewards points

Data verified 5 Jul 2026 — see our methodology

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Rewards and Benefits

Rewards Rate

Base 0.50% on other spends.

Reward Redemption

Redeem at ₹0.25 per unit.

Welcome Benefits

4,000 bonus Membership Rewards points

Milestone Rewards

₹6,000 / monthly: 1,000 bonus MR points for 4 transactions of ₹1,500+ in a calendar month
₹9,00,000 / annual: Annual spend-milestone vouchers (Taj / Shoppers Stop / Tata Cliq / Tanishq / Amazon / Flipkart etc.), tiered by annual spend up to ₹14,000

Domestic Lounge Access

N/A

International Lounge Access

N/A

Travel

N/A

Movie & Dining

Up to 15% off via Amex Dining Partners

Golf

N/A

Insurance Benefits

N/A

Other Benefits

N/A

See the math — accelerations & caps

What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.

Online shoppingGroceriesDining & food deliveryFuelTravel & hotelsUtilities & billsRentInternational / forex

No accelerated categories apply to the spend you entered — everything earns the base rate.

Base-rate spend

Non-accelerated spend, summarized at this card's base rate.

Online shopping₹15,000 · 0.5% = ₹75/mo
Groceries₹8,000 · 0.5% = ₹40/mo
Dining & food delivery₹8,000 · 0.5% = ₹40/mo
Fuel₹4,000 · 0.0% = ₹0/mo
Travel & hotels₹10,000 · 0.5% = ₹50/mo
Utilities & bills₹5,000 · 0.0% = ₹0/mo

Est.net rewards for this spend, realistic

₹2,460/yr

₹2,460 rewards − ₹0 annual fee. Estimate for the spend you entered.

Fees & Charges

Spend-Based Waiver

₹90,000 in the preceding year

Rewards Redemption Fee

N/A

Foreign Currency Markup

3.50%

Interest Rates

3.50% per month (42.0% annualised)

Fuel Surcharge Waiver

1.0% waiver on transactions between ₹400 and ₹5,000, capped at ₹250 per monthly.

Cash Advance Charges

3.5% or ₹250 (whichever is higher)

Product Details

entry card issued by American Express.
Joining / annual fee of ₹4,500 + GST, waived on annual spends of ₹90,000.
Available on the American Express network.

Pros & Cons

Pros

Annual fee waivable on ₹90,000 spend.
Milestone-based bonus rewards on annual / quarterly spend thresholds.

Cons

Standard forex markup of 3.50% — suboptimal for international spend.
No rewards on fuel spends.
No complimentary airport lounge access.

₹1,000 welcome benefit

4,000 bonus Membership Rewards points
On joining (fee payment + eligible spend)
Window: 90 days from issuance.

Exclusions

The following spend categories earn no rewards on this card:

fuel
wallet loads
insurance premiums
emi
cash advance
utilities

Milestone benefits

₹6,000 / monthly: 1,000 bonus MR points for 4 transactions of ₹1,500+ in a calendar month (≈ ₹250 value)
₹9,00,000 / annual: Annual spend-milestone vouchers (Taj / Shoppers Stop / Tata Cliq / Tanishq / Amazon / Flipkart etc.), tiered by annual spend up to ₹14,000 (≈ ₹14,000 value)

Fuel surcharge waiver

1.0% waiver on fuel transactions between ₹400 and ₹5,000, capped at ₹250 per monthly.

Sources

: www.americanexpress.com · retrieved 3 Jul 2026

Last verified 5 Jul 2026. Verify with the issuer before applying.

Eligibility

Age: 18–70
Credit score: 720+
Income (salaried): ₹4,50,000 p.a.
Income (self-employed): ₹6,00,000 p.a.

Amex acceptance in India is narrower than Visa/Mastercard.

Tagsentry points amex mr points