American Express Membership Rewards Credit Card
Updated on August 26, 2026
🎖️Reward Rate
Base Rewards: 1 MR Point per ₹50 (1 Membership Rewards Point per ₹50 on regular retail transactions)
Overview
American Express Membership Rewards Credit Card by American Express provides premium value tailored for Mid-Premium cardholders.
Rewards
Reward Type
Reward Points
Reward Rate
- • Base Rewards: 1 MR Point per ₹50 (1 Membership Rewards Point per ₹50 on regular retail transactions)
- • 2X MR Points per ₹50 (2X MR Points via Reward Multiplier portal)
- • Accelerated Rewards: Earn 1,000 bonus MR points on doing 4 transactions of ₹1,500+ every month PLUS 1,000 bonus MR points on monthly spends of ₹20,000+ (Total 24,000 bonus MR points/year). 18K & 24K Gold Collection access.
- • Excluded Categories: Fuel, Insurance, Cash advance
Welcome Benefit
4,000 bonus Membership Rewards points upon payment of joining fee and spending ₹15,000 within first 90 days of card setup; Qualification Criteria: Payment of joining fee and ₹15,000 spend within 90 days; Fulfillment Timeline: 30 days post criteria completion
Milestone Benefit
Spend ₹6,000 (Monthly): 1,000 bonus MR points every month on completing 4 transactions of ₹1,500 or more; Spend ₹20,000 (Monthly): Additional 1,000 bonus MR points on spending ₹20,000+ in a calendar month; Spend ₹1.5 Lakhs (Annual): 100% annual renewal fee waiver of ₹4,500 + GST; Annual Fee Waiver: 50% renewal fee waiver on spending ₹90,000; 100% full fee waiver on spending ₹1,50,000 or more in preceding card anniversary year
Redemption
- • 18 Karat & 24 Karat Gold Collection (24,000 MR points = ₹10,000 Taj voucher or ₹8,000 Amazon voucher)
- • Transfer 1:2 to Marriott Bonvoy or 1:1 to airline partners
- • Statement cash credit
Benefits
- Fuel Surcharge Waiver: 1% (Max waiver ₹500 per month (0% at HPCL / BPCL / IOCL))
- 18 & 24 Karat Gold Collection Access: Exclusive access to redeem milestone points for luxury Taj stay vouchers, Shoppers Stop, Apple, and leading luxury retail partner vouchers. (High-value voucher redemption at 24k MR points) [Partners: Taj Hotels, American Express]
Things to Know Before you apply
American Express Membership Rewards Credit Card Eligibility Criteria
- Age: 21–65 years
- Gross Annual Personal Income ₹6,00,000+ (Salaried / Self-Employed)
- Salaried & Self-Employed Individuals
- Resident Indian
American Express Membership Rewards Credit Card Customer Care
- Toll Free: 1800 1200
- Landline: +91 22 6600 6600
- Concierge Service: customer.care@bank.com
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹1,000 |
| Annual Fee | ₹4,500 |
| Foreign Currency Mark-up Fee | 3.5% |
| Cash Advance Fee | 3.5% (min ₹250) |
Fee waiver: 50% renewal fee waiver on spending ₹90,000; 100% full fee waiver on spending ₹1,50,000 or more in preceding card anniversary year
PaisaSimple Review
Overall Rating
4.9/5What do we like about this card?
American Express Membership Rewards Credit Card issued by American Express is one of India's leading credit cards for Mid-Premium spends, featuring competitive reward earning and verified travel perks.
Pros
- • Base Rewards: 1 MR Point per ₹50 (1 Membership Rewards Point per ₹50 on regular retail transactions)
- • 2X MR Points per ₹50 (2X MR Points via Reward Multiplier portal)
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
Cons
- • Annual renewal fee of ₹4500
- • Reward exclusion on fuel purchases and wallet load transactions
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- • 4,000 bonus Membership Rewards points upon payment of joining fee and spending ₹15,000 within first 90 days of card setup
- • Qualification Criteria: Payment of joining fee and ₹15,000 spend within 90 days
- • Fulfillment Timeline: 30 days post criteria completion
- • Welcome e-gift voucher worth ₹5,000 across top luxury brands (Bata/Hush Puppies, Pantaloons, Shoppers Stop, Yatra)
- • Qualification Criteria: Payment of annual joining fee within 30 days
- • Fulfillment Timeline: Sent via SMS/Email within 15 days of fee realization
- • Complimentary Annual Memberships (Swiggy One & Times Prime) upon spending ₹75,000 within 90 days
- • Qualification Criteria: Spend ₹75,000 within 90 days of card setup
- • Fulfillment Timeline: Issued via SMS/Email within 30 days post spend milestone
- • Base Rewards: 1 MR Point per ₹50 (1 Membership Rewards Point per ₹50 on regular retail transactions)
- • 2X MR Points per ₹50 (2X MR Points via Reward Multiplier portal)
- • Accelerated Rewards: Earn 1,000 bonus MR points on doing 4 transactions of ₹1,500+ every month PLUS 1,000 bonus MR points on monthly spends of ₹20,000+ (Total 24,000 bonus MR points/year). 18K & 24K Gold Collection access.
- • Excluded Categories: Fuel, Insurance, Cash advance
- • Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
- • Accelerated Rewards: 5X Reward Points (10 RPs per ₹100) on Dining, Departmental stores and Grocery spends
- • Excluded Categories: Fuel, Wallet loads, Property tax and Govt payments
- • Base Rewards: 4 Reward Points per ₹150 (Base 2.6% reward point accumulation)
- • Accelerated Rewards: Up to 5X Reward Points via SmartBuy & 2X rewards on weekend dining
- • Excluded Categories: Fuel, Wallet loads
- • Base Rewards: 1 MR Point per ₹50 (1 Membership Rewards Point per ₹50 on regular retail transactions)
- • 2X MR Points per ₹50 (2X MR Points via Reward Multiplier portal)
- • Forex markup rate of 3.5%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: 2 Reward Points per ₹100 (2 Reward Points per ₹100 on all standard retail spends)
- • Forex markup rate of 1.99%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: 4 Reward Points per ₹150 (Base 2.6% reward point accumulation)
- • Forex markup rate of 2%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Annual renewal fee of ₹4500
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹4999
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹2500
- • Reward exclusion on fuel purchases and wallet load transactions