The American Express Company, also known as Amex. It is an American based multinational bank which provides financial services. American Express Bank is a federal savings bank headquartered in Salt Lake City, Utah, and is a wholly owned subsidiary of American Express. The bank issues charge cards and credit cards for small businesses under the American Express own brand. American Express credit cards are designed to fit right into your lifestyle. It was founded in 1850. The company is best known for its charge card, credit card and traveler’s cheque businesses.
The American Express Membership Rewards credit card comes with an amazing rewards program that offers reward points which can be redeemed for attractive gifts and exciting benefits. American Express Membership Rewards Credit Card is among the best rewards credit cards in India. With smart usage, you can accumulate a lot of reward points which are redeemable against the exclusive 18-Karat and 24-Karat Gold Collection Redemption Packages.
1. Earn 1 Membership Rewards (MR) Point on every Rs.50 spent except fuel transactions, insurance payments, utility bill payments, and cash withdrawals.
2. Get annual fee waiver on milestone spends.
3. Welcome Gift of 4,000 Bonus Membership Rewards Points
4. Earn 1,000 Bonus Membership Rewards Points for simply using your Card 4 times on transactions of Rs.1,000 and above every month
5. Enjoy exciting discounts of up to 20% every time you dine at select restaurants
6. Users can Redeem their points against the 18 Karat and 24 Karat Gold Collection.
7. Users earn 1 Membership Reward Point on every Rs. 50 spent.
|
Reward type |
Dining and Fuel |
|
Welcome Gifts |
Welcome Gift of 4,000 Bonus Membership Rewards Points |
|
Bonus Rewards Points |
Customers can earn 1,000 bonus Membership Reward Points if they use their credit card at least 4 times per month to transact Rs. 1,000 or more. |
|
Annual Fee Offer |
Users get 5,000 bonus Membership Reward Points on payment of the annual fee for the first year. |
|
Rewards points |
Users earn 1 Membership Reward Point on every Rs. 50 spent. |
|
Fuel Surcharge Waiver |
The convenience fee is waived off for transactions up to Rs. 25,000 and for transactions above Rs. 25,000, 0.3% convenience fee is charged, only at HPCL fuel stations. |
|
Convert purchase into EMI |
Make big purchases and pay back in easy EMIs over a period of time. |
To apply for a Membership Rewards card, you have to pay fees and charges applied by the American Express Bank. It covers all charges and fees made by a bank to their customers.The following charges are taken from American Express Bank i.e joining fee, annual fee, interest rate, late payments charges etc.
|
TYPE |
CHARGES |
|
Joining Fee |
Rs. 1,000 plus applicable taxes |
|
Annual Fee |
Rs. 4,500 plus applicable taxes |
|
Add-on Fee (per annum) |
Nil for up to 2 cards |
|
Interest-Free Period |
51 Days |
|
Cash Advance Charges |
3.5% of the Cash Advance amount, subject to a minimum of Rs. 250 |
|
Overlimit Charges |
Rs. 500 |
|
Foreign Currency Transactions |
Currency Conversion Factor Assessment: 3.50% |
|
Surcharge on Purchase of Railway Ticket |
1.8% of the transaction value if booked on the internet (IRCTC) subject to a minimum of Rs. 10 |
|
Points/Miles Reinstatement Fee |
Rs. 200 per reinstatement |
Before applying for a Membership Rewards card from American Express Bank, you should fulfil all basic eligibility criteria as prescribed by the bank. You will get your credit card very soon if you meet all the required eligibility criteria once the documentation is done.
1. The applicant must be over 18 years of age.
2. The applicant’s minimum income must be Rs.6 lakhs per annum.
3. The applicant must have a good credit history.
4. The applicant must be an Indian resident.
5. If the applicant is self-employed, the company must be active for over 12 months.
6. The applicant must be a resident of Ahmedabad, Bangalore, Bhopal, Ernakulam, Goa, Guntur, Kolkata, Pune, Mumbai, Bhubaneshwar, Chandigarh, Chennai, Hyderabad, Indore, Jaipur, Surat, Vadodara, Vijayawada, Coimbatore, Kanchipuram, Delhi/NCR, or Vizag.
Any applicant who is applying for a Membership Rewards credit card from American Express Bank must have to submit the following documents. These documents are the requirements for the lenders who are providing you the credit card.
1. KYC Documents = PAN, address proof and ID proof
2. Coloured photograph
3. Income Proof = Last 3 month salary slip
4. Last 3 months bank statement
5. ITR or Form 16
American Express Credit Card Login
Cardholders of American Express Bank Credit Card can log in to their credit card account through following steps :
1. Visit to American Express Website
2. Provide the User ID and Password
3. Click ‘login’
There are two reason to apply for American Express Membership Rewards Credit Card :
1. Offline Method : By visiting the nearest branch of American Express Bank
2. Online Method :
Start the application process
Enter basic details such as your income, occupation, city of residence, etc. and proceed
From the list of credit cards, select the American Express Membership Rewards Card. You can filter the results by the bank to find the card easily
Check eligibility for this card by entering some more details
If you are eligible, you can proceed with the application by filing a detailed form
Once you submit the form, a representative of American Express will give you a call to decide a suitable time and place for document collection
A field agent will be sent to collect the documents at your home or office location
After you submit the documents, American Express will check the same and, if satisfied with the information, the card will be issued.
American Express Membership Rewards Credit Card Customer Care
Contact number : 18004192122 / 18004191030
Email id : customercare@aexp.com
You can make an American Express credit card payment online, over the phone, by mail, or via the American Express app. To pay your Amex bill online or with the app, just login to your Amex account, click “Make a Payment,” and add your bank account and routing number to make the payment
1. Go to Amex Credit Card Bill Payment Page on Paytm.
2. Enter your Credit Card Number.
3. Enter the bill amount.
4. Click on Proceed.
Bank offered Financial Products
The American Express Membership Rewards credit card comes with an amazing rewards program that offers reward points which can be redeemed for attractive gifts and exciting benefits. American Express Membership Rewards Credit Card is among the best rewards credit cards in India. With smart usage, you can accumulate a lot of reward points which are redeemable against the exclusive 18-Karat and 24-Karat Gold Collection Redemption Packages.
The minimum age is 18 years and maximum age is 65 years to get a American Express Membership Rewards Credit Card.
The renewal fee of the American Express Membership Rewards Credit Card is Rs.4500.
The rewards points given in the American Express Membership Rewards Credit Card from American Express Bank is :
Users earn 1 Membership Reward Point on every Rs. 50 spent.
The interest rate is 3.5% per month provided by American Express Membership Rewards Credit Cards.
Travel and Dining rewards are included in the American Express Membership Rewards Credit card.
You can apply for a American Express Membership Rewards Credit Card through online and offline by visiting the nearest bank branch.
You can contact through customer care toll free number and also through e-mail id for a American Express Membership Rewards Credit Card.
The joining fee of the American Express Membership Rewards Credit Card is Rs.1000.
The minimum charges is 500 and maximum late payment charges is 1000 of American Express Membership Rewards Credit Card.
Last Updated on : 09/Oct/2020Know More About CREDIT CARDS
You're eligible for a American Express Membership Rewards Credit Card if you:
Are legally adult enough to handle it
Have still got it
Get a regular pay check
Make more than a basic buck
Your eligibility depends on:
Earn more than minimum income required
Maximum allowed Credit Cards is Rs. 10K to Rs. 45 lakhs
EMIs of other loans loweryour eligibility
Boost your eligibility by:
Pay off your credit card bills
Choose longer tenure loan up to 5 years
Nothing gets done without that paperwork (which we'll happily carry over to the bank for you, no sweat). Here's what you'll need:
- 1. Photo ID and age proof
- 2. Signed application form with photograph
- 3. Residence proof
- 4. Last 6 months bank statement
- 5. Documentation for salaried applicants:
- Last 3 months salary - slips
- Form 16 or Income Tax Returns
- 6. Documentation for self-employed applicants:
- Last 3 years Income Tax Returns with computation of Income
- Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account