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American Express SmartEarn Credit Card

by Kshitiz V Sharma on

The Bottom Line

American Express SmartEarn Credit Card
Best Entry Level Card from Amex

10 MR Points / ₹50 spent on Amazon, Flipkart, & Uber; 6 points on Swiggy, BookMyShow & PVR.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield 1.3% 1.7% 1.9% 1.3% 0.9%
Est. Monthly Reward (₹) 60 175 385 675 960
All-India Rewards Rank* 15 15 16 69 133
Within Bank Rank* 1 1 1 2 2
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The American Express SmartEarn Credit Card offers 6% effective rewards on Amazon, Flipkart, & Uber and 3% on Swiggy, BookMyShow & PVR. All other spending earns 0.6%.

This card can earn you a net reward yield of 1.3 – 1.9% on monthly spends up to ₹20,000.

If you spend more than ₹20,000 a month on your card, consider American Express Platinum Travel Credit Card.

This card can earn you a net reward yield of 1.2-1.8% on all your spending.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.


The Rewards

Card American Express Smart Earn Credit Card
Card Type Reward
Reward Features 10 MR points / ₹50 spend (6%) on:
– Flipkart
– Amazon
– Uber

5 MR points / ₹50 spend (3%) on:
– Paytm wallet
– Swiggy
– BookMyShow

1 MR points / ₹50 spend (0.60%) on all other spends except fuel & Utilities

Milestone Rewards E-Vouchers up to ₹500 on reaching spend milestone of ₹1.2 Lacs
Other Rewards Nil
Rewards Redemption Fee ₹99
Reward Caps – 500 MR points / mth (₹150) on Flipkart, Amazon

– 500 MR points / mth (₹150) on Uber

– 250 MR points / mth (500 MR points / mth (₹75) on Paytm Wallet, Swiggy, BookMyShow, PVR etc.

Preferred Redemption Method Redeem points on American Express Portal for e-Vouchers@ ₹0.30/ MR points


Fees & Charges

Card American Express Smart Earn Credit Card
Joining Fee ₹495 + Taxes
Annual Fee ₹495 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹40,000
Income Criteria Salaried ₹4.5 Lacs
Self-employed ₹6 Lacs
Supplementary Card Fee Free
Interest Rate 42.00%
Foreign Currency Markup 3.50%
Cash Advance Charge 2.50% with a minimum of ₹250
Card Association AMEX

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