AMERICAN EXPRESS · CHECKED 22 OCT 2026

American Express Membership Rewards Credit Card

Bank isn’t taking new applications

Best on Airtel Thanks, AJIO, Amazon and 24 more apps: 0.67% back.

₹4,500 a year₹1,000 to joinFee waived at ₹1,50,000 spendPaid as Membership Rewards points

Where it earns the most

Airtel Thanks0.67%no minimum order#20 of 50 cards

AJIO0.67%no minimum order#33 of 50 cards

Amazon0.67%no minimum order#33 of 50 cards

Apollo 24|70.67%no minimum order#29 of 50 cards

BigBasket0.67%no minimum order#37 of 50 cards

Blinkit0.67%no minimum order#37 of 50 cards

Everywhere else

0.67% backBookMyShowCleartripDistrictDomino'sFlipkartGoibiboixigoJioMartMakeMyTripMeeshoMyntraNykaaPVR INOXReliance DigitalSwiggySwiggy InstamartTata CLiQTata NeuUberZeptoZomato
Nothing backIRCTC Rail Connect

Where another card earns more

Airtel ThanksAirtel Axis earns more here25%vs 0.67%
AJIOHSBC Live+ earns more here10%vs 0.67%
BigBasketHSBC Live+ earns more here10%vs 0.67%
BlinkitAirtel Axis earns more here10%vs 0.67%
BookMyShowAxis Neo earns more here10%vs 0.67%

All the details: fees, points and limits in every app

Bank: American Express
Network: American Express
Open to new applications?: No, the bank isn’t taking new applications
Joining fee: ₹1,000
Annual fee: ₹4,500
Fee waiver: Renewal fee waived in full after ₹1,50,000 of spend in the previous membership year; the 50% waiver at ₹90,000 to ₹1,49,999 ends on 15 November 2026.
Rewards paid as: Membership Rewards points
One point is worth: ₹0.3333
How the points are used: Amazon, Flipkart or Reliance Digital vouchers at ₹8,000 for 24,000 points, the lowest voucher value Amex lists
Other ways to use the points: Taj voucher (24,000 points for ₹14,000) (₹0.5833 each); credit against the card bill (4 points per ₹1) (₹0.25 each)
Checked on: 22 Oct 2026

Official page: American Express

App	Reward	Min. order	Limit	Rank of 50
Airtel Thanks	0.67% as Membership Rewards points	—	No stated limit	#20
AJIO	0.67% as Membership Rewards points	—	No stated limit	#33
Amazon	0.67% as Membership Rewards points	—	No stated limit	#33
Apollo 24\|7	0.67% as Membership Rewards points	—	No stated limit	#29
BigBasket	0.67% as Membership Rewards points	—	No stated limit	#37
Blinkit	0.67% as Membership Rewards points	—	No stated limit	#37
BookMyShow	0.67% as Membership Rewards points	—	No stated limit	#36
Cleartrip	0.67% as Membership Rewards points	—	No stated limit	#33
District	0.67% as Membership Rewards points	—	No stated limit	#31
Domino's	0.67% as Membership Rewards points	—	No stated limit	#37
Flipkart	0.67% as Membership Rewards points	—	No stated limit	#33
Goibibo	0.67% as Membership Rewards points	—	No stated limit	#33
ixigo	0.67% as Membership Rewards points	—	No stated limit	#27
JioMart	0.67% as Membership Rewards points	—	No stated limit	#32
MakeMyTrip	0.67% as Membership Rewards points	—	No stated limit	#33
Meesho	0.67% as Membership Rewards points	—	No stated limit	#30
Myntra	0.67% as Membership Rewards points	—	No stated limit	#32
Nykaa	0.67% as Membership Rewards points	—	No stated limit	#31
PVR INOX	0.67% as Membership Rewards points	—	No stated limit	#36
Reliance Digital	0.67% as Membership Rewards points	—	No stated limit	#29
Swiggy	0.67% as Membership Rewards points	—	No stated limit	#41
Swiggy Instamart	0.67% as Membership Rewards points	—	No stated limit	#33
Tata CLiQ	0.67% as Membership Rewards points	—	No stated limit	#30
Tata Neu	0.67% as Membership Rewards points	—	No stated limit	#30
Uber	0.67% as Membership Rewards points	—	No stated limit	#32
Zepto	0.67% as Membership Rewards points	—	No stated limit	#35
Zomato	0.67% as Membership Rewards points	—	No stated limit	#40
IRCTC Rail Connect	Fee is more than the reward	—	—	#48

Questions people ask

Where does Rewards Amex earn the most?

American Express Membership Rewards Credit Card earns its highest rewards on Airtel Thanks (0.67% as Membership Rewards points), AJIO (0.67% as Membership Rewards points) and Amazon (0.67% as Membership Rewards points).

What is the annual fee of Rewards Amex, and can it be waived?

Rewards Amex has a joining fee of ₹1,000 and an annual fee of ₹4,500. Renewal fee waived in full after ₹1,50,000 of spend in the previous membership year; the 50% waiver at ₹90,000 to ₹1,49,999 ends on 15 November 2026.

How much is one Rewards Amex point worth?

About ₹0.3333 each when used as the bank shows first: Amazon, Flipkart or Reliance Digital vouchers at ₹8,000 for 24,000 points, the lowest voucher value Amex lists. Other options: Taj voucher (24,000 points for ₹14,000) (₹0.5833 each); credit against the card bill (4 points per ₹1) (₹0.25 each).

Is Rewards Amex still available?

No. The bank isn’t taking new applications for it, but existing cardholders keep earning as shown.

Rewards are as per American Express’s published terms on the date shown and can change. Pickkard isn’t a bank and isn’t connected to American Express. Check the official page before applying.