American Express SmartEarn Credit Card - Review

When we talk about financial instruments, AMEX never fails to impress. AMEX has managed to keep its position as the most trusted credit card brand in India for the 5th time in a row in terms of credit cards. From attractive reward points to occasional spend based offers, festivities offers to outstanding customer support, AMEX tops them all. It won't be incorrect to say that most of us would love to have an AMEX card in our wallet, but unfortunately, many among us do not avail of an AMEX card due to the higher joining and renewal fee that it carries with it or the annual expenditure it requires to get the renewal fee waived off.

With the launch new American Express SmartEarn Credit Card, it looks like AMEX is trying to eradicate this bottleneck and add more clients to its already strong customer base. The AMEX SmartEarn Credit Card comes with a much lower fee and offers the following:

• Welcome Benefit

- Rs. 500 cashback as Welcome Gift

- Eligible on spending Rs. 10,000 in the first 90 days of Cardmembership

• Rewards Programme

- Earn 5X RPs on Amazon, Swiggy, BookMyShow and more

- Earn 10X RPs on all your spending on Flipkart and Uber

- And 1 RP on all other spend except for spends on Fuel, Insurance, Utilities, and Cash Transactions

- 1 RP = 0.25 INR

- RPs will be capped at 500 Points for 10x category and 250 Points for 5x category per month per Card Account

(Please note that eligible merchant partners may change from time to time. Click here to view the complete list of merchant partners)

• Fuel Convenience

- 0% Convenience fee on fuel purchase at HPCL for transactions less than Rs. 25,000

- 0.3% Convenience fee on fuel purchases for sales of Rs. 25,000 and above

• Other Services

- 24X7 Card Related Assistance
- Dispute Resolution
- Zero Lost Card Liability
- Emergency Card Replacement
- One Supplementary Credit Card at no additional cost
- Easy EMI facility

• Fee Structure 

- Annual fee: Rs. 495 + Applicable taxes

(Waived off waiver on eligible spends of Rs.40,000 and above in the previous year of Cardmembership)

With an annual fee such low as this, AMEX will surely attract many new card users into its web. Furthermore, tough American Express SmartEarn Credit Card comes with the annual fee of those that of a basic credit card; it offers excellently accelerated 10x & 5x reward points which are mostly contributed by premium credit cards.

If you always wanted to have an AMEX card but refrained from availing of it due to a hefty annual fee, this is your card!


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▷ American Express SmartEarn Credit Card

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▷ India's Most Trusted Credit Card Brand