American Express SmartEarn Credit Card
Apply for the best credit card of American Express
Welcome Benefits
- Rs. 500 cashback as a Welcome Gift on eligible spends of Rs. 10000 in the first 90 days of Cardmembership
American Express SmartEarn Credit Card: Fees & Charges
| Type of fee or charge | Amount (Rs.) |
|---|---|
| Joining Fee: | ₹ 495+ GST |
| Annual/Renewal Fee: | ₹ 495+ GST |
| Finance Charges: | 3.50% per month (42.00% annually) |
| Spend Based Waiver: | You can earn vouchers worth 500/- upon reaching the spend milestones of 1.20 lacs, 1.80 lacs, and 2.40 lacs respectively in a Cardmembership year. |
| Over Limit Penalty: | 500 per instance |
| Rent Payment charges | NULL |
| Forex Charges: | 3.49% of the transaction value |
| Minimum Repayment Amount: | 5% of Total outstanding (Min. Rs. 100) + All charges/fees/taxes + EMI |
| Cheque Return Fees: | 2% of Total Amount Due or Minimum of 500 whichever is higher |
Eligibility criteria
Age: Applicants should be at least 18 years old.
Income: A stable annual income is essential, typically a net annual income of 4.5 lakh or more.
Credit Score: A good CIBIL score, ideally between 750 and 900, can significantly boost approval chances
The applicant must be an Indian citizen and valid address proof
Document Requirements
1. Aadhaar card, Passport, PAN card as your Identity proof
2. Any Utility bill, Passport, or Voter ID as your address proof
3. Salary slips, bank statements, or IT returns as your income proof
Other Information
Frequently Asked Questions
What is the annual fee of American Express SmartEarn Credit Card?
The Annual fees of American Express SmartEarn Credit Card is 495+ GST. And there is Joining fees is 495+ GST.
What is the interest rate on the American Express SmartEarn Credit Card?
The American Express SmartEarn Credit Card has an interest rate of 3.50% per month (42.00% annually)
Are there foreign transaction fees on the American Express SmartEarn Credit Card?
Yes, The American Express SmartEarn Credit Card charges a 3.5% fee for all transactions in foreign currency .
What is the credit limit of American Express SmartEarn Credit Card?
The credit limit for the American Express SmartEarn Credit Card is based on multiple factors, such as your income, repaying capacity, and credit history. American Express does not specify a fixed credit limit for this card. It will communicate to you time of issuance of card. American Express offer Pre-approved Credit Limit to existing card holder. So if you are eligible by few step you can increase your credit limit.
Card other Details
American Express SmartEarn Credit Card Credit Limit: Up to ₹10 Lakh