Verified — 16/16 categories
American Express · American Express
American Express SmartEarn Credit Card
Best forShopping
Earns10 MR/₹50 on shopping — only at SmartEarn 10X merchants (Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra)
1st Year / Joining Fee
₹495 + taxes
Renewal Fee
Not recorded
Fee waiver
₹40,000
annual spend
Network
American Express
American Express
American Express SmartEarn Credit Card
American ExpressWhy this card may suit you
Based on the card's verified terms.
- Best suited to spending on shopping, where it earns 10 MR/₹50 (only at SmartEarn 10X merchants (Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra))
- Annual fee is waived at ₹40,000 yearly spend
How you earn
Reward rates at a glance — exactly as recorded for this card.
ShoppingOnly at SmartEarn 10X merchants (Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra)10 MR/₹50
ShoppingOnly at SmartEarn 10X merchants (Zomato, EaseMyTrip)10 MR/₹50
ShoppingOnly at SmartEarn 5X merchant (Amazon)5 MR/₹50
Rent1 MR/₹50
Education1 MR/₹50
All 16 reward categories · 16 of 16 categories verified
| Category | Rate | Cap | Condition |
|---|---|---|---|
| Rent | 1 MR/₹50 | — | 1 MR / ₹50 on eligible rent transactionsDetails
|
| Education | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (Education)Details
|
| Insurance | No reward | — | —Details
|
| Utilities | No reward | — | —Details
|
| Fuel | No reward | — | —Details
|
| Groceries | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (Groceries)Details
|
| Dining | 1 MR/₹50 | — | 1 MR / ₹50 baseDetails
|
| Food Delivery | 1 MR/₹50 | — | 1 MR / ₹50 baseDetails
|
| Shopping | 1 MR/₹50 | — | 1 MR/₹50 base · Also 10 MR/₹50, only at SmartEarn 10X merchants (Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra)Details
|
| Travel | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (Travel)Details
|
| Government | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (Government)Details
|
| Wallet | 1 MR/₹50 | — | 1 MR / ₹50 baseDetails
|
| Railways | 1 MR/₹50 | — | 1 MR / ₹50 on eligible railway transactionsDetails
|
| FASTag | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (FASTag)Details
|
| Jewellery | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (Jewellery)Details
|
| Telecom | 1 MR/₹50 | — | 1 MR / ₹50 on other eligible spend (Telecom)Details
|
“—” means not established. “Research pending” is not zero: it means DhanChakshu has not finished verifying that category, so it is not counted.
Cost & caps
What it costs to hold, and where rewards stop.
1st Year / Joining Fee
₹495 + taxes
Renewal Fee
Not recorded
Fee waiver
₹40,000
annual spend
Reward caps
- Shopping — 500 MR / month (per category — Shopping)
- Shopping — 500 MR / month (per category — Shopping)
- Shopping — 250 MR / month (per category — Shopping)
Spending thresholds
- Spend ₹40,000 per card year → annual fee waived
Key benefits
Rewards
10 MR/₹50 on shopping (only at SmartEarn 10X merchants (Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra))
Fuel surcharge waiver
Fuel surcharge: HPCL <₹5k: 0%
Foreign-currency markup
3.5% foreign-currency markup — 3.5% foreign currency markup on overseas transactions
Fee waiver
Annual fee waived on ₹40,000 annual spend
Important to know
Limits and exclusions that change what you earn.
- Shopping rewards are capped at 500 MR / month (per category — Shopping)
- Shopping rewards are capped at 500 MR / month (per category — Shopping)
- No reward on: Insurance, Utilities, Fuel
- Spend ₹40,000 per card year → annual fee waived
Who should consider this card
✓ Good fit if
- Your spending is concentrated in shopping
- You can reach the ₹40,000 annual spend that waives the fee
△ Less useful if
- Much of your spending is in insurance, utilities, fuel, which earn nothing
- You cannot reach the fee-waiver spend and would pay the annual fee
Full details
Everything else, expanded on demand.
Caps & exclusions · 3 caps · 3 no-reward categories
Caps
- Shopping — 500 MR / month (per category — Shopping)
- Shopping — 500 MR / month (per category — Shopping)
- Shopping — 250 MR / month (per category — Shopping)
Categories with no reward or not eligible
- Insurance — No reward.
- Utilities — No reward.
- Fuel — No reward.
Milestones · 1 recorded
- Spend ₹40,000 per card year → benefit worth ₹495 — 100% annual renewal fee waiver at ₹40,000 spend in previous membership year.
Eligibility
Subject to American Express's underwriting and eligibility criteria. See the issuer's terms for current requirements.
Specifications
- Payment network: American Express
- Airport lounge: Not recorded by DhanChakshu — check the issuer terms
- Fuel surcharge waiver: Fuel surcharge: HPCL <₹5k: 0%; HPCL ≥₹5k: 1%; BPCL/IOCL: 1% min ₹10; Other OMCs: 2.5% min ₹10.
- Foreign-currency markup: 3.5% foreign-currency markup — 3.5% foreign currency markup on overseas transactions.
What DhanChakshu couldn't fully verify · 1 area
1 area needs further verification. None of these are counted as zero.
- • Lounge benefit — not recorded; check the issuer terms
Sources & verification
Verification & sources · last checked 2026-09-23
Verification coverage: All 16 categories verified
Card record last checked: 2026-09-23
Documents used
Amex Points Calculation FAQ · SRC-AMEX-REWARDS-FAQ
American Express SmartEarn - participating merchants (amex.co/seccrewards) · SRC-AMEX-SMARTEARN-MERCHANTLIST-2024 · 2026-10-13
Amex Schedule of Fees and Charges · SRC-AMEX-FEE-SCHEDULE
Amex Foreign Currency Markup Policy · SRC-AMEX-FX-FAQ
Amex SmartEarn Credit Card · SRC-AMEX-SMARTEARN