American Express Membership Rewards Credit Card | Reap Maximum Benefits - ChargePlate - The Finsavvy Arena

American Express Membership Rewards Credit Card | Reap Maximum Benefits



American Express

Like American Express Travels Platinum Card is considered one of India's best travel cards; likewise, American Express Membership Rewards Card is also counted amongst the best rewards credit cards in the country. If one uses it smartly, he/she can accumulate quite a decent number of Membership Reward Points, which can then be redeemed against a host of options. In this article, we will jot down the best features of this charming credit card and the effective approaches to induce maximum benefit out of it. Details below:


    Welcome Perks 

    • Welcome Gift of 4,000 Milestone Bonus Membership Rewards Points.
    • Welcome Gift is available only in the first year on payment of the annual fee and on spending INR 2,000 within 60 days of card membership.


    Membership Reward Points

    • Earn 1 Membership Rewards Point for every Rs. 50 spent on your card.
    • Earn 1,000 Bonus Membership Rewards Points for using your card 4 times for transactions of Rs. 1,500 and above every month.
    • Earn an additional 1,000 Bonus Membership Rewards Points simply by spending INR 20,000 or more in a calendar month.
    • MR Points are not accrued for spending on Fuel, Utilities, Insurance, and Cash Transactions. 


    18 Karat Gold Collection

    • Once you accumulate 18,000 MR Points, you can redeem them for one of the following:

                Amazon Gift Card worth Rs. 7,000

                • TAJ Voucher worth Rs. 9,000 

                • Statement Credit worth Rs. 6,000

                American Express Domestic Travel e-voucher worth Rs. 7,000



    24 Karat Gold Collection

    • On accumulating 24,000 MR Points, you can redeem them for one of the following:

                • TAJ voucher worth Rs. 14,000

                Tanishq voucher worth Rs. 10,000

                • Statement Credit worth Rs. 9,000



    Fuel Convenience

    • 0% Convenience fee on fuel purchase at HPCL petrol pumps for transactions < Rs. 25,000 
    • 0.3% Convenience fee on fuel purchase at HPCL petrol pumps for transactions > Rs. 25,000 



    Other Services

    • 24X7 Card Related Assistance
    • Dispute Resolution
    • Zero Lost Card Liability
    • Emergency Card Replacement, and 


    Fee Structure


    • First Year Fee: Rs. 1,000 + applicable taxes
    • Second Year Onwards: Rs. 4,500 + applicable taxes
    (Mostly waived off if you have a good spending and repayment pattern)


    Should you require any further information, please do not hesitate to drop us a line in the comment section below. Alternatively, you can also write to us at contact@chargeplate.in.

    Thanks for reading!






    American Express


    American Express Membership Rewards Credit Card | Reap Maximum Benefits American Express Membership Rewards Credit Card | Reap Maximum Benefits Reviewed by Rahmat on July 09, 2019 Rating: 5

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