The American Express SmartEarn™ Credit Card is an excellent choice for individuals who frequently make online purchases. This entry-level credit card allows you to accumulate reward points on all your transactions and offers additional benefits like bonus cashback, fee waivers, gift vouchers, and more. Let's delve into the details of this credit card to learn more.
Key Highlights of American Express SmartEarn™ Credit Card |
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Best Suited For | Rewards & Online Shopping |
Joining Fee | Rs. 495+ Applicable Taxes |
Annual/Renewal Fee | Rs. 495 + Applicable Taxes (Waived off on spending Rs. 40,000 and above in the previous year of Cardmembership) |
Minimum Income Requirement |
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Welcome Benefit | Rs. 500 cashback on spending Rs. 10,000 in the first 90 days |
Best Feature | 10X Membership Rewards Points on every Rs. 50 spent on Flipkart, Amazon and Uber |
Table of Contents | ||
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Features and Benefits | ||
Eligibility and Documentation | ||
Fees and Charges | ||
Other Similar Credit Cards | ||
Should You Get this card? | ||
FAQs |
The American Express SmartEarn™ Credit Card allows you to accumulate reward points with every transaction, which can be subsequently redeemed for vouchers or products from their rewards catalogue. In addition to rewards, the card provides a cashback welcome bonus and offers vouchers as you reach various spending milestones. Here are some of the key benefits:
Rewards Programme
With The American Express SmartEarn™ Credit Card, you can earn reward points at an impressive rate, as outlined below:
Welcome Benefit
As a welcome gesture, cardholders will receive a statement credit of Rs. 500 when they spend Rs. 10,000 within the first 90 days of card membership.
Milestone Benefit
Cardmembers have the opportunity to earn vouchers valued at Rs. 500 each when they achieve spending milestones of Rs. 1.20 Lakh, Rs. 1.80 Lakh, and Rs. 2.40 Lakh during a card membership year.
Below mentioned are the applicable fees and charges for American Express SmartEarn™ Credit Card:
Type of Fee or Charge | Amount | |
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Joining Fee | Rs. 495 + Applicable Taxes | |
Annual/Renewal Fee | Rs. 495 + Applicable Taxes (Waived off on spending Rs 40,000 and above in the previous year of Cardmembership) | |
Finance Charges | 3.5% p.m. | |
Cash Advance Fee | 3.5% (Minimum of Rs. 250) |
To apply for The American Express SmartEarn™ Credit Card, the applicant must be an Indian resident and have a solid credit history with no defaults. Additionally, the applicant should maintain a savings or current account with either an Indian or Multinational Bank. In addition to these requirements, applicants should also meet the following eligibility criteria:
Criteria | Details |
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Minimum Age Requirement | 18 years |
Occupation | Salaried or Self-employed |
Minimum Income Requirement for Self-employed | Rs. 6 Lakh p.a. |
Minimum Income Requirement for Salaried | Rs. 4.5 Lakh p.a. |
Serviceable Cities | Click here to view the list |
The American Express SmartEarn™ Credit Card is an entry-level card designed for individuals who frequently shop online and desire to reap the benefits of reward points and vouchers. This credit card provides reward points for online purchases from select brands like Amazon, Flipkart, Myntra, and more. Additionally, it offers various privileges, including gift vouchers, fuel benefits, bonus cashback, and fee waivers. This card is a suitable choice if:
If you are looking for other Credit Cards to save on your online purchases, then you can refer to the cards mentioned in the table below:
Credit Card | Annual Fee | Comparative Feature |
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Flipkart Axis Credit Card | Rs. 500 | 5% cashback on Flipkart & Myntra | 4% cashback on Swiggy, Cleartrip, Cure.fit, PVR, Uber | 1.5% cashback on other categories |
Amazon Pay ICICI Credit Card | Nil | 5% cashback on Amazon purchases for Prime members | 3% cashback on Amazon purchases for Non-prime members |2% cashback on transactions done via Amazon Pay merchants | 1% cashback on other spends |
SBI SimplyCLICK Credit Card | Rs. 499 | 10 reward points per Rs. 100 spent on online purchases made on Amazon/ Apollo24X7/ BookMyShow/ Cleartrip/ Eazydiner/ Lenskart/ Netmeds | 5 reward points per Rs. 100 spent on all other online purchases |1 reward point per Rs. 100 spent on other categories |
HDFC MoneyBack+ Credit Card | Rs. 500 | 10X CashPoints on Flipkart, Amazon, Swiggy, Reliance Smart SuperStore & BigBasket |5X CashPoints on EMI spend at merchant locations |2 CashPoints per Rs. 150 spent on other categories |
Standard Chartered DigiSmart Credit Card | Rs. 49 per month | Up to 25% off on brands like Zomato, Grofers, Yatra, Ola, etc. |
No, This credit card is primarily designed for shopping and rewards and does not provide any travel-related benefits. If you're in search of a credit card that offers complimentary access to domestic and international airport lounges, you can explore other options by clicking here.
The American Express SmartEarn™ Credit Card has a forex markup fee of 3.5% of the transaction amount. Due to this relatively high fee, it may not be the best choice for foreign currency transactions, as it can result in significant additional charges.
To apply for The American Express SmartEarn™ Credit Card, you can easily complete the application process online via the official American Express website. All you have to do is select the eligible credit card, complete the application form, and provide the necessary documents. Afterward, the bank will verify your information and proceed with your application.
You can benefit from an interest-free period of up to 48 days with this card. However, the exact payment due date can range from 18 to 23 days from the statement generation date, and this variation is based on your payment behavior from the previous month.
The American Express SmartEarn™ Credit Card allows you to accumulate Membership Rewards Points from both your online and offline transactions. These earned reward points can then be redeemed for gift vouchers or merchandise, giving you flexibility in how you use your rewards.
Please click the links below to find details and instructions related to American Express® Credit Cards that can help you in easily managing your card: