Wherever you are around the globe, carrying an American Express credit card can give you a breadth of perks and rewards to refine your lifestyle.
Be it shopping, dining, travel, entertainment or business, you can certainly enjoy premium services using the American Express Membership Rewards Credit Card.
Read on to find out how you can apply for this American Express Credit Card.
American Express Membership Rewards Credit Card
American Express has its reputation for excellent customer satisfaction and rewards. The Membership Rewards card is among the best credit cards for people who love VIP treatment while still earning points. Let’s take a closer look at the kind of benefits you can enjoy with this credit card.
Exclusive Benefits of the American Express Membership Rewards Card
For starters, shopping will be a lot more fun and rewarding using this credit card. For every Rs 50 spent, you earn 1 point. Membership reward points can then be redeemed for exciting deals and rewards from the 18 and 24 Karat Gold Collection!
With 24,000 Points you can take your pick from the 24 Karat Gold Collection: An American Express Domestic Travel Online voucher worth Rs. 11,000 Bose Sound Link Color II Bluetooth Speaker, or Statement Credit worth Rs. 10,000.
With 18,000 Points you can take your pick from the 18 Karat Gold Collection: Statement Credit worth Rs. 7,500, an Amazon Gift Card worth Rs. 8,000 or a Tanishq Voucher worth Rs. 7,500.
Want more? For starters, you’ll get a Welcome Gift of 4,000 BONUS Membership Rewards Points. 1,000 BONUS Membership Reward Points can be acquired simply by using your American Express credit card four times on transactions of Rs 1,000+ every month. 5,000 BONUS Membership Rewards Points will be offered after your first Year Card Renewal!
Other Great Benefits
This card is not just huge on rewards and exclusive deals as you get to enjoy ultimate freedom and convenience when paying for bills. It’s so easy to convert your spending into monthly installments or pay for the bill partially.
With the Equated Monthly Installments, big purchases amounting to Rs 5,000 can be divided for months, without the hassle of foreclosure charges.
The American Express Membership Rewards Card is also enabled for contactless payment. Shopping is much faster with this feature on hand as you only need to tap the card and go. No need to enter a PIN or sign the receipt.
Applying for the American Express Membership Rewards
The easiest way to apply for the American Express Membership Rewards Card is to fill out the application form found on the American Express website. You need to be a resident of India and must be at least 18 years of age and above. Having a stable job and personal annual income of Rs 6 Lakhs and above is also a requirement.
Important documents supporting your claims must also be presented, such as a valid identification card, proof of billing from other credit cards of any bank, certified salary slip from employer and proof of other fixed allowance issued under your name.
The bank will process your application if all the supporting documents are provided. Once approved, American Express will set your credit limit. Note that this will depend on your credit score and current financial status.
American Express Membership Rewards Card Fees
- First year annual fee: Rs 1,000 plus tax
- Succeeding years annual fee: Rs 4,500 plus tax
- Interest rate: 3.5% per month
The Rs 4,500 annual fee will be 100% waived if you spend a total of Rs 150,000 in a year; and 50% waived you spend a total of Rs 90,000 in a year.
Cash advance amount is subject to a minimum of Rs 250. There’s an Overlimit charge of Rs 500 every time you exceed the credit card limit.
How to Contact American Express
If you would like to contact the bank about this offer, you can call them at 1800 419 0167. You can also find their main address in India at Cyber City, Tower-C, DLF Bldg. No.8
Sector-25, DLF City Ph-II, Gurgaon, Haryana.
Overall, the American Express Membership Rewards Card is a valuable choice if you’re after irresistible rewards and exclusive deals, helping you live a more luxurious lifestyle.
Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.