Credit Cards · Honest Review
American Express Membership Rewards Credit Card
American Express · Amex
Your Verdict
- ✓18 Karat Gold Collection: redeem 18,000 points for ?8,000+ vouchers
- ✓1,000 bonus points on 4 transactions of ?1,500+ in a month
- ✓Amex Offers: curated discounts at partner restaurants and brands
- ✓No expiry on Membership Rewards points
- ✓Transfer points to airline miles (Marriott, Singapore Airlines, etc.)
What American Express Membership Rewards Credit Card costs you
American Express Membership Rewards Credit Card carries a ₹1,000 annual fee and a ₹1,000 one-time joining fee. The annual fee is waivable: No annual fee waiver � but joining fee waived online.
| Fee | Amount |
|---|---|
| Annual fee (year 2+) | ₹1,000 |
| Joining fee (one-time) | ₹1,000 |
| Fee waiver condition | No annual fee waiver � but joining fee waived online |
| Foreign transaction fee (forex markup) | 3.5% per transaction |
What you earn on every rupee spent
American Express Membership Rewards Credit Card earns 0.50% on all eligible spends as a base reward rate, with accelerated rates on dining & food and other bonus categories listed below. Each reward point is worth ₹0.5 when redeemed, giving a clear rupee value for your earnings.
| Category | Reward rate |
|---|---|
| All other spends (base rate) | 0.50% |
| 🍽️ Dining & Food | 0.5% |
4,000 Membership Rewards points (2,000 at 90 days + 2,000 at 6 months)
Reward types: Points · Discounts
Beyond the reward rate
The non-reward benefits on American Express Membership Rewards Credit Card are limited — the card's value proposition is primarily the reward rate structure.
Who can apply for American Express Membership Rewards Credit Card
American Express Membership Rewards Credit Card requires a minimum net monthly income of ₹50,000 for salaried applicants and a CIBIL score of 720 or above. It is open to salaried employees and self-employed professionals.
| Requirement | Detail |
|---|---|
| Minimum monthly income | ₹50,000 |
| CIBIL score | 720+ (good to excellent) |
| Age range | 18–65 years |
| Employment type | Salaried, Self-employed |
| Typical approval time | 7�14 working days |
Amex acceptance is lower than Visa/Mastercard in India � verify your primary merchants before applying.
Who should (and shouldn't) get American Express Membership Rewards Credit Card
- → Heavy spenders on dining & food who want 0.5% back
- → Moderate spenders who can clear the fee waiver condition
- → Frequent flyers who need airport lounge access
- → International travelers — the 3.5% forex markup adds up quickly
American Express Membership Rewards Credit Card — Questions answered
What is the annual fee for American Express Membership Rewards Credit Card?
What is the minimum income required for American Express Membership Rewards Credit Card?
What is the reward rate on American Express Membership Rewards Credit Card for dining & food?
Does American Express Membership Rewards Credit Card provide airport lounge access?
How do I get the annual fee waived on American Express Membership Rewards Credit Card?
How long does it take to get American Express Membership Rewards Credit Card approved?
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Get My Personalised Verdict →Information on this page is gathered from public sources and the card issuer's official website. Fees and reward rates may change — verify the current terms on the issuer's website before applying. SingleVerdict may earn a referral fee if you apply through our links, which does not affect our scoring or editorial decisions.