American Express Membership Rewards Credit Card

Apply for the best credit card of American Express

American Express Membership Rewards Credit Card
  • Best suitable for: Shopping
  • Joining Fee: ₹ 1000+ GST + GST
  • Annual Fee: ₹ 4500+ GST + GST
  • Welcome Benefits: Welcome Gift of 4000 Bonus Membership Rewards Points
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Description

Welcome Benefits:

Welcome Gift of 4000 Bonus Membership Rewards Points

Best Suited For:

Shopping

Spend Based Waiver:

The Annual Membership Renewal fee of Rs.4500 will be 100% waived off if total spends on American Express Credit Card in the immediately preceding membership year is Rs.1,50,000 and above; else 50% annual membership renewal fee will be waived off if total spends on American Express Credit Card in the immediately preceding membership year is Rs.90,000 to Rs.1,49,999

Add-on Card facility:

4500+ GST

Late Payment Fee:

Not Available

Minimum Repayment Amount:

Delinquency fee is levied at the rate of 3.5% on the unpaid balance (with a minimum monthly Delinquency of ? 100).

Interest Rates:

3.50% per month (42.00% annually)

Rewards Redemption Fee:

Rs 250 per redemption request

Over Limit Penalty:

500 per instance

Conditions for Fee Waiver:

The Annual Membership Renewal fee of Rs.4500 will be 100% waived off if total spends on American Express Credit Card in the immediately preceding membership year is Rs.1,50,000 and above; els