Amex Membership Rewards
Amex
Amex Membership Rewards
American Express · Amex
Quick answer
Amex Membership Rewards by American Express has an annual fee of ₹4,500 and APR of 42%. Best for shopping. Pay the full bill every month — carried balances cost far more than any reward.
Opens the issuer's site. MoneyRadar has no paid placement here.
Joining fee
₹1,000
Annual fee
₹4,500
Forex markup
4%
APR
42%/yr
Fee waiver: 100% renewal-fee waiver at ₹1.5L annual spend; 50% waiver from ₹90k
What you earn
- 1%1 point per ₹50; strong milestone bonuses
Welcome: 4,000 bonus points on ₹15,000 spend in 90 days
Lounge access
No domestic lounge access
Who it's for
Minimum income ₹50,000/month · credit score 750+. For salaried, self-employed.
Income and score are screening estimates, not an approval promise. The issuer makes the final call.
Check the issuer's terms
Card rules change without much warning. We checked this snapshot on 26 July 2026. Open the issuer's current terms ↗
What's great
- Best-in-class milestone rewards
- Excellent customer service
- Great for structured spenders
Watch out for
- Lower Amex acceptance in India
- Rewards need milestone discipline
Compare head-to-head
One honest reminder: a card is only worth it if you clear the full bill every month. At 42% a year, carried balances cost far more than any reward here is worth.