American Express SmartEarn Credit Card
American Express Banking Corp. · Applications paused
Amex's entry credit card: 1 point per ₹50, 10X points on Zomato, Flipkart, Uber, BookMyShow, Ajio, Nykaa and EaseMyTrip and 5X on Amazon (monthly caps), ₹500 welcome cashback and spend-milestone vouchers. ₹495 annual fee, waived at ₹40,000 of yearly spend. New applications are paused.
- Annual fee
- ₹495 + GST a year
- Joining fee
- ₹495 + GST
- Fee waiver
- Annual fee waived on ₹40,000 spend per card year
- Base rate
- All other spends and telecom, 1 point per ₹50: 1 Membership Rewards points per ₹50 (about 0.5% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Main earn rates
- Flipkart, Uber, BookMyShow, Ajio and Nykaa, 10X points (10 per ₹50), up to 500 points a month: 10 Membership Rewards points per ₹50 (about 5% at cash value)
- Zomato and EaseMyTrip, 10X points (10 per ₹50), up to 500 points a month: 10 Membership Rewards points per ₹50 (about 5% at cash value)
- Amazon, 5X points (5 per ₹50), up to 250 points a month: 5 Membership Rewards points per ₹50 (about 2.5% at cash value)
Earns nothing on
- No points on fuel, insurance or utility bills
- No points on cash advances, express cash, drafts or balance transfers
- No points on EMI chosen at a merchant website or terminal
Terms the calculator does not value
- Membership Rewards points are valued only at statement credit (₹0.25). The welcome cashback is a statement credit entered at its rupee value.
- The 10X and 5X partner list "and many more" changes from time to time (amex.co/seccrewards); only the merchants the page names are entered.
- The gift voucher terms (a separate link on the page) were not read.
Sources
- American Express SmartEarn Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- American Express Membership Rewards Program Terms and Conditions (no version date in the extracted text) (Reward terms, the bank's own, read 6 Nov 2026)
- Schedule of Fee and Charges (updated as on 2025-08-31) (Schedule of charges, the bank's own, read 6 Nov 2026)
- American Express India all cards listing (Product page, the bank's own, read 6 Nov 2026)