American Express
Membership Rewards (MRCC)
Applications pausedRewardsMonthly bonus
Checked 2 Oct 2026 ·
Annual fee₹4,500+ GST
Forex markup3.5%
Interest3.5%a month
NetworkAmex
You earn
Perks & rules
What changed
UndatedAmex has temporarily paused new card applications in India
Worth it?
We can't estimate this card yet.Point value depends on the reward you pick.
All the fine printEvery detail from the bank's documents, in one place
How you earn
Rewards asMembership Rewards points
Base rate1 point per ₹50
Higher rates
- Monthly bonus: 1,000 bonus points for 4 transactions of ₹1,500+ in a calendar month
- Monthly milestone: 1,000 points for spending ₹20,000+ in a calendar month (enrolment needed)
Limits
- No caps stated
Doesn't earn on
- Fuel, insurance, utilities (electricity, water, gas), cash
- EMI chosen on a merchant website or terminal (EMI via SafeKey or after purchase still earns)
Where it landsNot stated on the product page
What a point is worth
ValueRedeemed for vouchers: 18,000 points = ₹6,000–₹9,000; 24,000 points = ₹8,000–₹14,000 depending on brand (Gold Collection)
ExpiryNot stated on the product page
Redemption feeNot stated on the product page
Welcome benefit
Welcome4,000 points after paying the joining fee and spending ₹15,000 in the first 90 days
Milestones
Milestones
- 5,000 points on first renewal, after paying the fee
Airport lounges
DomesticNone stated
InternationalNone stated
Fuel
FuelNo convenience fee at HPCL under ₹5,000; 1% at ₹5,000 and above
Spending abroad
Forex markup3.5%
Fees
Joining fee₹1,000 + GST (first year)
Annual fee₹4,500 + GST from the 2nd year
Fee waiver100% waived on ₹1.5 lakh spend in the previous membership year; 50% waived on ₹90,000–₹1,49,999
If you pay late
Late fee30% of minimum amount due, between ₹500 and ₹1,000
Interest3.5% a month (3.99% if in default)
Cash withdrawal3.5% of amount, minimum ₹250 (cash withdrawal currently suspended in India)
Who can apply
AgeOver 18
SalariedPersonal income ₹4.5 lakh a year. Issued only to residents of Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Indore, Coimbatore, Chandigarh, Ahmedabad, Surat, Vadodara, Lucknow, Ludhiana, Nagpur, Nashik, Trivandrum and Mysuru
Self-employedPersonal income ₹6 lakh a year; business trading 12+ months
More perks
Perks
- Up to 20% off at select restaurants
Sources
Everything on this page comes from these bank documents. Tap any box above for the full wording.
- Membership Rewards Credit Card page Product page · 2 Oct 2026
- Amex India Schedule of Fees and Charges Fee schedule · 31 Aug 2025
Card image: American Express's own website.