American Express Membership Rewards Credit Card
The American Express Membership Rewards Credit Card (MRCC) is excellent for earning bonus points on monthly transaction milestones.
- Issuer
- American Express
- Card type
- Rewards Card
- Category
- Shopping
- Joining fee
- ₹1,000 + GST
- Annual fee
- ₹4,500 + GST
- Rewards currency
- Membership Rewards Points
Highlights
- 4,000 Bonus Points Welcome Gift
- 1,000 Bonus Points Monthly Milestone
- Reward Rate up to ~9%
Welcome, annual & renewal benefits
- Joining Fee: ₹1,000 + GST (First Year).
- Annual Fee: ₹4,500 + GST (waived on spends of ₹1,50,000).
- Welcome Benefit: 4,000 Bonus Membership Rewards Points on spending ₹15,000 in first 90 days.
Reward earning
| Spend type | Earn rate |
|---|---|
| Regular Spends | 1 MR Point / ₹50 |
- Bonus Benefit: 1,000 Bonus Points on completing 4 transactions of ₹1,500 or more in a month.
- Additional 1,000 Points on spending ₹20,000 in a month (enrollment required).
Review
A fantastic card for low to moderate spenders. By simply doing 4 transactions of ₹1,500 each, you earn 1,000 bonus points, yielding a very high reward rate.