Silent Credit Card Launch: The American Express Membership Rewards Card

By | August 18, 2016

American Express India has recently launched a new credit card named: The American Express Membership Rewards Card which is basically a credit card which has the same feature as that of Amex Gold charge card. The major difference is that Membership Rewards card is a Credit card while Gold card is a Charge card. No other new features to talk about as far as i know.

American Express Membership Rewards Card

American Express Membership Rewards Card – Snap by the reader SriKrsna

American Express Membership Rewards Credit Card Review:

Amex was sourcing this card since past couple of weeks locally before they actually put the details on web. I see that they have done couple of changes on the website recently. They’ve even added some pages for complimentary lounge access on Amex Plat Travel card this week and notified me as well, all happened this week. So it looks like their website gets updated with new info all in one shot.

Coming to the membership rewards card, i really wonder why Amex is coming up with a common name with features of copy/paste type with dull looks of Gold charge card. I wish they come up with a better design, better name and better features which all means a whole new variant.

However, Amex maynot take such a meaningless decision to release an identical version of Gold charge card without a reason, maybe they’re planning to stop taking applications on Gold card. Lets See!

P.S: Thanks to our reader SriKrsna for helping with the snap of his new Membership Rewards Credit Card.

CardExpert Rating: 4/5

Anyone else signed up for this card? Share your views below.

Author: Siddharth

I'm a Credit Card freak minting reward points and cashback for years. Recently obsessed with aviation and travel.

21 thoughts on “Silent Credit Card Launch: The American Express Membership Rewards Card

  1. Abhay

    The main difference between gold charge and this card is that you can avail EMI on this card but one cannot avail EMI feature on the gold charge card. Rest everything remains the same.

    Reply
  2. Hakim Ujjainwala

    I dont think complimentary pass for airport is included in this card…dont see it anywhere on the website.

    Reply
  3. Deepak

    I am just wondering how does Amex charge card impact CIBIL score? It does not have any credit limit so would it affect my credit usage ratio.

    Suppose I have HDFC card with limit of 5 lacs and Amex Charge card. Now if my outstanding in a month for HDFC is 50k and 50k in Amex. Would my credit usage be 10% per card, or 10%/20% on total in CIBIL record. Does anyone has any idea? It will help understanding whether Amex Gold credit card is better or equivalent to Amex Gold charge card.

    Reply
    1. Siddharth Post author

      Deepak,
      Am unsure about this. But there can be two possibilities.
      1. Even Amex charge card has a limit. Maybe they will share this limit with CIBIL.
      2. The highest txn will be taken as your credit limit. (happen in some foreign countries where limit is not set)

      Reply
  4. Prashant Gupta

    I have this card and in Rs.12500 shopping in first month i have got around 1250 points. Thats around 2.5% value in terms of cash which is very good.

    Reply
    1. Pn

      Hey hey, u must have done > 1000 value transaction (min 4) , to make u eligible for 1000 MR points every Calender month. So, u actually got 2% points on rs 12500 (ie 250) .

      Reply
  5. Saurabh Mhatre

    can amex card be applied through Card on Card basis?

    currently all the docs needs to be submitted in PDF online which is a bit risky

    Reply
    1. Siddharth Post author

      I don’t think so. Well, everything is scanned and kept somewhere 😀

      Reply
  6. Krishna R M

    For new Amex customers with more than 12lacs income p.a this credit card is offered for lifetime free of any charges for online applications received before 30th November.

    I have amex gold card and hence I am not eligible for this offer 🙁

    Can I call customer care and request if I am eligible for this card for free??

    Reply
    1. Siddharth Post author

      Krishna,
      If you have Amex Gold card, you can get this rewards card for free.
      There is a promo running. Just call customer care and they can help 🙂

      Reply
      1. KRISHNA R M

        Siddharth,

        I read about the current offer in your another article after my comment. I already called them and applied for it.

        Regards,
        Krishna

        Reply
  7. Biby

    @Siddharth I recently got an Amex gold charge card. 1 week back a customer rep told that I could get the rewards card as LFT. But today when I talked they were telling no such offer to give rewards card. But they can give gold credit card as companion. Any idea.!?

    Reply
    1. Siddharth Post author

      Yes, its the temporary offer, both cards are same. Go for it.

      Reply
      1. Biby

        Gold credit card & rewards card are same? They were telling both are different. & I couldn’t find any info about gold credit card online. Do you have any ifo?
        Charge card they gave me without joining fee& 2nd year onwards discounted fee of 2250

        Reply
          1. Biby

            Thanks for the info. Is the rewards card worth taking? I mean if the reward points & features(except revolving credit &emi) are same why should we take one? Can you please give your opinion?

            I got without joining fee because of the offer i got from Anex corporate card team. I have a corporate card. They told me about this offer. No documentation, joining fee etc. So i got tempted to take one

          2. Siddharth Post author

            Corporate card, Cool. That’s the only difference. It doesn’t hurt to get anything for free, that too “credit” 😉

            Its important to note that you might need to skip it if you plan to take some other cards with Amex.
            You can have 2 Credit Cards + 1 Charge Card at any point of time.

        1. SriKrsna

          Gold credit card as they are referring to is Amex Membership Rewards credit card as in this article. It seems they were issuing this card as gold credit card but they stopped sourcing it before some time. Now that has been rebranded as Membership Rewards credit card and launched again.

          Reply
          1. Biby

            Thanks. Now its clear. It seems like some of the customer reps still refer to it as gold credit card.

  8. Nikhil

    Hey siddharth,

    The companion card given with the Gold Charge card is actually just the basic Gold credit card and not the Membership Rewards card. Both of the cards look the same but are different .

    Reply

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