American Express Membership Rewards Credit Card
American Express · Amex
Why this card?
- Earns reward points — the issuer does not clearly publish their rupee value
- ₹1,500 annual fee; renewal fee waived on ₹1.5 lakh yearly spend
Card details
- Issuer
- American Express
- Network
- Amex
- Annual Fee
- ₹1,500
- Joining Fee
- None
- Reward Type
- points
- Best Reward Rate
- 5% on Zomato, BookMyShow, and Uber (5X MR)
- Forex Markup
- 3.5%
- Domestic Lounge
- None
- Min. Monthly Income
- ₹50,000
- Rates verified
- 2026-07-06
Our verdict
Amex MRCC is the best entry point into the Membership Rewards ecosystem — 5X on Zomato, Uber, BookMyShow, and Amazon, plus a 18,000 MR welcome bonus, at just ₹1,500/year (waived at ₹1.5L spend). The bonus 1,000 MR for making 4 transactions monthly adds a simple habit reward. Amex acceptance limitations are the main friction.
Pros
- 5X Membership Rewards on Zomato, BookMyShow, Uber, and Amazon
- 18,000 MR joining bonus — significant head start on points balance
- Bonus 1,000 MR for 4 monthly transactions — simple habit reward
- ₹1,500 fee waived at ₹1.5L annual spend; 1 MR = ₹0.40 on Amazon vouchers
Cons
- No lounge access at any tier
- Amex acceptance remains a challenge outside major metros
- 3.5% forex markup — not for international purchases