The American Express is the world’s largest credit card issuer. It is also known as Amex. Last year, Amex has launched American Express SmartEarn Credit Card to attract the masses. In this post, let us learn more about the Amex Smart Earn Credit Card.
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American Express SmartEarn Credit Card
American Express Smart Earn is an entry-level credit card for the beginners who want to earn reward points on every spending. With a basic joining fee, the Amex SmartEarn Credit Card gives you rewards on your every purchase.
The card has tied up with various merchants to make your shopping, a rewarding experience. The card gives Rs. 500 cashback as a welcome gift on spending Rs.10,000 in the first 90 days of joining.
Key Features of American Express SmartEarn Credit Card
The following are some notable features of this Amex card.
1. Welcome Bonus
The user will get Rs.500 cashback as a welcome gift on eligible spends of Rs. 10,000 in the first 90 days of joining.
2. American Express EMI
You can convert the purchases into EMI at the point of sale with an interest rate as low as 12% p.a. and zero foreclosure charges.
3. Supplementary Card
Amex offers one supplementary Amex Smart Earn Card at no additional cost.
4. Contactless Payment
Your card may be enabled for contactless payments. To see if it is contactless, look for the contactless symbol network on the front and back of your card.
5. Enjoy freedom and convenience
You can enjoy the convenience and flexibility to pay your card bill, fully or partially. You can also convert your spending into easy monthly installments with the American Express EMI.
6. Other services on your card
a) 24X7 card related assistance.
b) Dispute resolution.
c) Zero lost card liability cover.
d) Emergency card replacement.
Key Benefits of American Express SmartEarn Credit Card
1. Rewards
The user will earn 1 Membership Rewards point for every Rs.50 spent except for spends on fuel, insurance, utilities, cash transactions, and EMI conversion at Point of Sale.
2. Accelerated Earn Rate
a) 10X Membership Rewards
Transact on Flipkart and Uber and get 10X rewards for every Rs.50 spent.
b) 5X Membership Rewards
Transact on Amazon, BookMyShow, PVR, Big Bazaar, Grofers, Myntra, Jabong, Swiggy, and many more and get 5X rewards for every Rs.50 spent.
3. Renewal Fee Waiver
Get a renewal fee waiver with this card on spending Rs.40,000 and above in the previous year.
4. Fuel Convenience Fee Waiver
The card comes with 0% convenience fee on fuel purchase at HPCL for transactions less than Rs.25,000. Pay only 0.3% convenience fee on fuel transactions of Rs. 25,000 and above.
Eligibility for Amex Smart Earn Credit Card
1. You must be a resident Indian and over 18 years of age.
2. Both salaried and self-employed are eligible for this Amex card.
3. Salaried applicants must have a personal annual income of Rs.4.5 lakh.
4. Self-employed applicants must have a personal annual income of Rs.6 lakh.
5. A resident of Delhi/NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Jaipur, Indore, Coimbatore, Chandigarh, Ahmedabad, Surat, and Vadodra.
6. You must have an Indian or multinational bank’s savings or current account in India.
7. You must have a good credit history and no payment defaults.
Check your eligibility in 30 seconds for Amex Smart Earn Card by clicking here
Fees for American Express Smart Earn
The following are the basic fee and charges on Amex Smart Earn Card:
1. Joining Fee
Joining fee of Rs.495 plus applicable taxes.
2. Renewal Fee
A renewal fee of Rs.495 plus applicable taxes. The renewal fee is waived off on eligible spending of Rs.40,000 and above in the previous year of card membership.
Final Thoughts
American Express SmartEarn Credit Card is an entry-level credit card for the beginners who are looking to earn reward points on every spending. This card is available at an annual fee of Rs. 495 plus applicable taxes. You will get Rs.500 cashback as a welcome gift on eligible spending of Rs.10,000 in the first 90 days of joining.
Click here to apply for American Express SmartEarn Credit Card online.
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