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Mid Range Amex

American Express Membership Rewards Card

American Express India · Amex

★★★½☆ 3.7/5
Joining Fee ₹1,000
Annual Fee ₹4,500
Fee Waiver Not standard — available on select offers
Forex Markup 3.5% + GST
Lounge Access 4 domestic lounge visits/year

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Welcome Benefit

4,000 bonus MR points

Earn Rates

1 MR point per ₹50 spend; 1,000 bonus MR on 4 transactions/month of ₹1,000+

Key Highlights

  • Entry point to the Amex Membership Rewards ecosystem
  • Monthly bonus structure rewards consistent medium spenders
  • MR points do not expire
  • Access to Amex Offers programme (frequent merchant discounts)

Milestone Benefits

  • 1,000 bonus MR on 4 transactions ≥ ₹1,000 each month

Lounge Access

4 domestic lounge visits/year

Fuel Surcharge Waiver

1% waiver

Best For

  • Amex beginners
  • Those wanting MR points access at a lower fee

Not Great For

  • High spenders (Platinum Travel has better earn rate)
  • Offline-only spenders
Verified: Data last verified 17 June 2026. Sources: www.americanexpress.com

Frequently Asked Questions

Is the Amex Membership Rewards card worth the ₹4,500 annual fee?

It depends on your spending. The monthly bonus structure (1,000 MR for 4 transactions of ₹1,000+) gives up to 12,000 MR/year which is worth roughly ₹3,000–5,000 at airline transfer values. If you max the bonus each month, the fee is justified.

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