"India's most affordable Amex card โ 10X Membership Rewards on Zomato, Uber, Flipkart, Myntra and 7 more top apps for just โน495 per year"
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Quick Summary
๐ณ Joining Fee
โน495 + GST
๐ Renewal Fee
โน495 + GST
Waived: Annual renewal fee waived on eligible spends of โน40,000 or more in the previous card membership year โ very easy to achieve
๐ฏ Best Suited For
First-time Amex users who frequently order on Zomato, Uber and shop on Flipkart and Myntra; those wanting Amex's service quality and Membership Rewards transfer network at the lowest possible fee
๐ Reward Type
Membership Rewards Points (1 MRP = โน0.25 to โน1 depending on redemption; transferable to 12+ airline and hotel partners; MRPs never expire)
๐ Welcome Benefit
โน500 cashback on eligible spends of โน10,000 in first 90 days of card membership โ effectively covers joining fee
๐ฐ Reward Rate
10X Membership Rewards on Zomato and EaseMyTrip (max 500 MRPs per month each); 10X on Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra (max 500 MRPs combined per month across all these brands); 5X on Amazon (max 250 MRPs per month); 1 MRP per โน50 on all other eligible spends; maximum 1,250 MRPs per month at accelerated rates; MRPs never expire; excludes fuel, insurance, utilities, EMI at POS, cash
โ๏ธ Lounge Access
No complimentary domestic or international airport lounge access
10X rewards on 10 top apps (Zomato, Flipkart, Uber, Myntra and more)
Membership Rewards Points never expire
Transferable to 12+ airline partners (British Airways, Singapore Airlines and more)
โน500 cashback welcome nearly covers fee
Easy โน40,000 fee waiver
EMI at 14% per annum โ very low
โ Cons
Monthly accelerated RP cap of 1,250 MRPs limits high spenders
No airport lounge access
High forex markup 3.5%
Amex not accepted at all merchants โ lower offline acceptance vs Visa and Mastercard
Available only in select Indian cities
๐ Rewards & Benefits
Reward Type
Membership Rewards Points (1 MRP = โน0.25 to โน1 depending on redemption; transferable to 12+ airline and hotel partners; MRPs never expire)
Welcome Benefits
โน500 cashback on eligible spends of โน10,000 in first 90 days of card membership โ effectively covers joining fee
Reward Rate
10X Membership Rewards on Zomato and EaseMyTrip (max 500 MRPs per month each); 10X on Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra (max 500 MRPs combined per month across all these brands); 5X on Amazon (max 250 MRPs per month); 1 MRP per โน50 on all other eligible spends; maximum 1,250 MRPs per month at accelerated rates; MRPs never expire; excludes fuel, insurance, utilities, EMI at POS, cash
Reward Redemption
Amex Membership Rewards portal: transfer to 12+ airline partners (Air India, Singapore Airlines KrisFlyer, British Airways Avios, Turkish Airlines and more); InstaAMC for statement credit; vouchers and merchandise via Amex Rewards catalogue; flexible redemption options
Fuel Surcharge Waiver
0% convenience fee on HPCL fuel purchases below โน5,000; 1% fee on HPCL transactions โน5,000 and above
Lounge Access
No complimentary domestic or international airport lounge access
Spend Based Fee Waiver
Annual fee waived on โน40,000 eligible spends in previous membership year
Milestone Benefits
โน500 voucher on reaching each of: โน1.20 lakh, โน1.80 lakh, โน2.40 lakh spend in a membership year โ up to โน1,500 in annual milestone vouchers; fee waiver on โน40,000 annual spend
Other Benefits
EMI conversion at 14% per annum on transactions above โน5,000 โ lower than most credit card interest rates; contactless payments; Amex SAFEGUARDS zero liability; 24x7 card member services; emergency card replacement globally; Amex Offers at partner merchants; available in select Indian cities only
โจ Special Perks & Exclusive Offers
Memberships
Details coming soon
Insurance Cover
Zero liability on loss reporting within 3 working days; maximum liability โน1,000 if reported after 3 working days
Add-on Cards
Up to 2 add-on cards at no fee; subsequent add-ons at โน1,500 each
Concierge Services
24x7 card member services
Special Offers
10X on 10 top apps; โน500 welcome cashback; milestone vouchers up to โน1,500; EMI at 14% per annum
๐ณ Fees & Interest Rates
Joining Fee
โน495 + GST
Annual Fee / Renewal Fee
โน495 + GST โ Waived on: Annual renewal fee waived on eligible spends of โน40,000 or more in the previous card membership year โ very easy to achieve
Interest Rate (APR)
๐กPay your balance in full each month and this never applies to you.
3.5% per month (42% per annum) standard; 1.17% per month (14% per annum) for EMI conversion
ATM Cash Withdrawal / Cash Advance
3.5% of withdrawn amount, minimum โน250
Late Payment Charges
As per Amex prevailing slab
Over Limit Charges
As per Amex policy
Cheque Bounce / Auto-Debit Return
Details coming soon
Other Charges
Available in select cities only (Delhi NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, Jaipur, Kolkata, Ahmedabad and more โ check current list); Amex network acceptance lower at some offline merchants; max 1,250 MRPs per month at accelerated rates
๐ Eligibility & Credit Limit
Eligibility Criteria
Age 18+ years; net annual income โน4.5 lakh or more; Indian resident; good credit history; resident of an eligible Amex city
Credit Score Requirement
720+ CIBIL recommended
Credit Limit
Based on income and Amex credit assessment; typically โน30,000 to โน3 lakh
๐ EMI, Balance Transfer & Debt Management
EMI Conversion
Available on transactions above โน5,000 at 14% per annum; flexible tenures 3 to 24 months
Balance Transfer Facility
Available from other bank credit cards
Balance Transfer Interest Rate
As per Amex prevailing rates
Balance Transfer Charges
Details coming soon
๐ Security & Fraud Protection
Card Block Feature
Instant block via Amex app or 24x7 helpline
Instant Fraud Alerts
Real-time alerts via Amex app
Purchase Protection
Zero liability on immediate reporting
Virtual Card Numbers
Details coming soon
Zero Liability Protection
Zero liability if reported within 3 working days
๐ Customer Service & Digital Experience
Phone Support
1800-419-7122 (toll-free); standard helpline on card back (24x7)
Chat / Email Support
Amex India app and website chat
Mobile App
American Express India app: manage card, track MRPs, pay bills, view offers, EMI
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