American Express Membership Rewards Credit Card
American Express
Last verified: 26 Sept 2026
Reward Program
Redemption fee: 0
Managed via American Express Membership Rewards
Transfer partners
Live Offers
No active offers for this card right now.
Benefits
Fuel Surcharge Waiver
None. American Express withdrew Membership Rewards earning on fuel effective 12 June 2025 and levies a 1% convenience fee on fuel transactions above ₹5,000. There is no surcharge waiver on any card in this range.
Welcome Benefit
4,000 bonus Membership Rewards Points on payment of the joining fee and spending ₹15,000 within 90 days of cardmembership.
Annual Benefit
5,000 Membership Rewards Points on first-year card renewal, on payment of the annual membership fee. Credited within 90 days of renewal.
There is no flat renewal benefit. Recurring value sits in the fee waiver and in any milestones recorded in the milestones array.
Milestone Benefits
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹1,000/yr |
| Renewal Fee | ₹4,500/yr |
| Fee Waiver | Spend ₹1,50,000/year |
| Forex Markup | 3.5% |
| Interest Rate | 42% p.a. |
| Cash Advance Fee | 3.5% of the cash advance amount, subject to a minimum of ₹250. |
| Reward Redemption Fee | 0 |
