Card Details
- Earn 4,000 Welcome Bonus Membership Rewards Points worth Rs. 1,000 upon payment of first-year fee, valid on swiping the Card 3 times within the first 60 days of card issuance.
- Earn 1 Membership Rewards Point for every Rs.50 spent except for spending on Fuel, Insurance, Utilities, and Cash Transactions.
- Earn 1,000 Bonus Membership Rewards Points worth Rs. 250 on swiping the card 4 times on transactions of Rs. 1,000 and above every month.
- Earn 5,000 Membership Rewards Points worth Rs. 1,250 upon First Year Card Renewal, on payment of annual membership fee. Points to be credited within 90 days of Card renewal.
- Redeem your Points from the fabulous 18 and 24 Karat Gold Collection and choose from exciting offers.
- Covert your big purchase of Rs. 5000 or more into EMIs with AMEX Pay-in-Part service.
- Get travel benefits of up to Rs. 5000 on bookings with www.makemytrip.com.
- Enjoy up to 20% off every time you dine at select restaurant partners.
- Enjoy 24X7 Card Related Assistance.
- Zero lost card liability post reporting the incident. If you lose your card, your liability is nil after reporting the loss and is limited to a maximum of only Rs. 1,000 before reporting.
- Get 2 free Supplementary Cards.
- Contactless Payment Feature
- Redeem your Points from over 500+ exciting redemption options including leading airlines and hotels, electronics, and more. You can shop and dine with your points at select partners and also convert them into Air Miles for complimentary flights.
Fee Structure
- Annual Fee (from Second Year Onwards) – Rs. 4,500 plus taxes
- First Year Fee: Rs. 1,000 plus taxes
- Cash Advance Charges – 3.5% of the Cash Advance amount, subject to a minimum of Rs. 250, applicable on each withdrawal
- Cash Advance Limit – Rs. 10,000 every 14 days
- Percentage of Credit Limit – 20%
- Late Payment Fee – 30% of the Minimum Payment Due, subject to a minimum of Rs. 500 and a maximum of Rs. 1,000, plus applicable Service Tax
- APR (EAPR) – 42% p.a. (3.5% p.m.)
- Add-on Card Fee – Rs. 1,500 (Upto 2 Add-on cards are free)
- Finance Charges Per Month (or p.a.) for Goods & Services, Cash & Balance Transfer:
- Over Limit Charge – Rs. 500 (Bank may approve certain transactions attempted by the Cardmember which can breach the credit limit, as a service gesture.)
- Surcharge on Purchase of Railway Ticket – 1.8% of the transaction value if booked on the IRCTC website, subject to a minimum of Rs. 10.
- Redemption Fee – Rs. 200 per redemption (Points will be forfeited for the particular billing cycle / monthly statement in which the minimum payment is not received by the due date).
- Convenience Fee on Utility Bill payments – Rs. 50 per transaction is applicable for all transactions up to Rs. 15000; Rs. 100 is applicable for payment of Rs. 15,001 to Rs. 1,00,000; 1.95% per transaction is applicable for payment above Rs. 1,00,000.
- Foreign Currency Transactions – 3.50%
- Interest-Free (Grace) Period – up to 52 days
- Overdue Interest Charges – A revised interest rate of 3.99% per month (Annual 47.88% p.a.). (If the Minimum Payment Due is not paid by the due date twice in a 12-month period. This revised interest rate will also apply if the Minimum Payment Due remains unpaid for two consecutive statement periods)
- Minimum Amount Payable – 5% of the outstanding amount of Rs. 100 (whichever is greater) + Total sum of the card fee, overdue minimum payment. + Any amount exceeding the limit + Any installment due under any extended/deferred payment plan that American Express may offer (Cardmembers may choose to pay the full amount as shown in the Statement of Account by the Payment Due date. If they fail to do so, charges may be levied)
- Fuel Surcharge – 2.5% of the transaction value on all Fuel purchases except on HPCL Fuel station. 0% for HPCL transactions less than equal to Rs. 25000. A 0.3% fee per transaction is applicable for all HPCL transactions above Rs. 25,000.
Reward Points Programme
- Earn 1 Membership Rewards Point for every Rs.50 spent except for spending on Fuel, Insurance, Utilities, and Cash Transactions.
Reward Rate = Rs. 0.50 per Rs. 100 spend
Intro Bonus Offers:
- 4,000 Bonus Membership Rewards Points worth Rs. 1,000 to be awarded on swiping the Card 3 times within the first 60 days of card membership. Reward Points to be credited to your account upon payment of the annual fee.
Bonus Offer
- Earn 1,000 Bonus Membership Rewards Points for simply using your Card 4 times on transactions of Rs. 1,000 and above every month. (Value Rs. 250)
- Earn 5,000 Membership Rewards Points upon First Year Card Renewal, on payment of annual membership fee. Points to be credited within 90 days of Card renewal. (Value Rs. 1,250)
- Enjoy benefits on your travel bookings with MakeMyTrip.com:
- Domestic Flights: Rs.500 cashback on round trip and Rs.300 cashback on one way (Via MakeMyTrip Website) (Value Rs. 500 Max); Rs.600 cash back on round trip and Rs.400 cashback on one way (Via MakeMyTrip Mobile App) (Value Rs. 600 Max).
- International Flights: 5% cashback on base fare up to Rs.5,000 on round trip (Via MakeMyTrip Website); 6% cashback on base fare up to Rs.5,000 on round trip (Via MakeMyTrip Mobile App).
- Hotels Bookings: 70% cashback up to Rs.2,500 on Domestic Hotels; 35% cashback up to Rs.2,400 on International hotels. (Minimum booking amount must be Rs.5000 (excluding taxes) on International Hotels booking)
- Flights and Hotel Bookings: 5% cashback up to Rs.3,000 on base fare on Domestic bookings; 5% cashback up to Rs.5,000 on base fare on international bookings.
Eligibility
- The age of the applicant must be above 18 years.
- Applicant must have an Indian or multinational bank’s savings or current account in India.
- A personal annual income of Rs. 6 Lacs or above is required for both Salaried and Self Employed Individuals.
- Applicant must have a good credit history and no payment defaults.
- If self-employed, your company has been trading for more than 12 months.
- Applicant must be a resident of select Indian cities, Delhi/NCR, Mumbai, Kolkata, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Indore, Coimbatore, Chandigarh Tri-City, Ahmedabad, Surat, and Vadodara.
Reward Redemption Options
Redeem from the fabulous 18 carats and 24 carats Gold Collection.
24 carat Gold Collection
- Good Earth Gift Card worth Rs. 13,000
- MakeMyTrip Holiday Voucher
- Statement Credit worth Rs. 10,000
- Amazon Gift Card Voucher
18 carat Gold Collection
- Bose Soundlink speaker
- Tanishq Voucher
- WelcomHeritage Luxury Stay
- Statement Credit worth Rs. 7,500