American Express Membership Rewards (MRCC) credit card
American ExpressAmerican ExpressEntry-level

Membership Rewards (MRCC) credit card

Bonus-points card: 2,000 monthly bonus points for ₹20k spend and 4 transactions.

74
Personal score74/100● Strong fit
Recurring net savings₹14,786/yrafter fee, GST and caps · bills paid in full
First-year value₹15,606incl. ₹2,000 welcome, ₹1,180 joining fee
Effective savings rate4.5%on ₹3,26,640 card spend · 6% = full marks
Annual fee (incl. GST)Waived ₹5,310waiver at ₹1,50,000 spend
Lounge access✈ noneyou can use 0 of your visits
PersonaliseOfficial page ↗

Source: American Express – Membership Rewards Credit Card · last reviewed 2026-09-12

Standard profile
Scored for Typical Indian cardholder · ₹32k/monthBills paid in full · first-year offers shown separately · set up your profile to score cards for your own spend

Why it fits – and what to watch

hover any tile for the detail
₹2,426/yrBase rate 1% on other spends
₹12,000/yr1 milestone unlocked
Waived₹5,310 fee
0/2lounge visits covered
1/1lifestyle perks matched
₹36,000earns nothing (fuel)

! No usable lounge access although you asked for it.

Where the money comes from

₹14,786/yr · 4.5%
Base rate 1% on other spendson ₹2,42,640₹2,426
Excluded categories (no rewards)on ₹84,000₹0
1,000 MR for 4 transactions of ₹1,500 +…milestone₹12,000
Fuel surcharge waiver₹360

UPI QR spend is left out – not a RuPay card (UPI is counted once, on RuPay cards only).

How ₹14,786/yr is calculated
Membership Rewards (MRCC)
+ Reward value on your spendat ₹0.5/Membership Rewards realistic value
₹2,426
+ Milestone bonuses you reach1 of 1 achieved
₹12,000
+ Fuel surcharge waiver1% up to ₹250/month
₹360
+ Annual fee incl. 18% GSTwaived – ₹5,310 at ₹1,50,000 spend
₹0
= Recurring net savings
₹14,786/yr
÷ card spend counted UPI-only rupees excluded on non-RuPay cards
₹3,26,640
= Effective savings rate
4.5%

How the score of 74 is built

weights total 100% · methodology
Net savings rate92/100 × 55%50.5
Usable lounge access0/100 × 15%0.0
Redemption flexibility60/100 × 10%6.0
Lifestyle fit100/100 × 10%10.0
Simplicity40/100 × 5%2.0
Fee safety100/100 × 5%5.0

Airport lounges with this card

This card has no complimentary lounge access. Find cards that get you in →

Card facts

💳 Base earn1%value on eligible spend
⚡ Acceleratednone
🚫 No rewards onfuelrentutilitiesinsuranceeducation
🏷️ Fees₹5,310/yr incl. GSTwaived on ₹1,50,000 spend · joining ₹1,000
🎁 Welcome (year 1)≈ ₹2,0004,000 MR points on ₹15,000 spend in 90 days
🏁 Milestones₹1,000 @ ₹20,000/month
✈️ Lounge✈0 dom🌏0 intlNone
🌏 Forex markup3.5%+ GST on the markup
🔁 Redemption₹0.5/Membership Rewards ★★★☆☆18K Gold Collection vouchers ≈ ₹0.50/point.
🧩 Simplicity★★☆☆☆needs active management
🎯 Lifestylefuel waiverinsurance cover
🪪 EligibilityIncome ₹4.5L+/yr; select cities

At a glance

  • Up to 6% effective on ₹20k monthly spend
  • Great Amex merchant offers
  • Renewal fee waived at ₹1.5L
  • Bonus needs discipline every month
  • Renewal fee jumps to ₹4,500
  • No lounges

Compare Membership Rewards (MRCC) with

Community Q&A on the Membership Rewards (MRCC)

Threaded questions from cardholders · the Advisor can add a computed answer.

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Frequently asked questions

What is the annual fee of the American Express Membership Rewards (MRCC)?

Joining fee ₹1,000 and renewal fee ₹4,500, plus 18% GST (₹5,310 a year). The renewal fee is waived if you spend ₹1,50,000 in the card year.

Does the Membership Rewards (MRCC) give airport lounge access?

No lounge access. None.

How much can I save with the Membership Rewards (MRCC)?

For our example profile (Typical Indian cardholder (₹32k/month)) the recurring net saving is ₹14,786 a year, an effective savings rate of 4.5% after the fee. Use Find My Card to see your own number – it depends on where you spend and which caps you hit.

What are the Membership Rewards (MRCC)'s reward exclusions and caps?

No rewards on fuel, rent, utilities, insurance, education. No monthly caps on the main earn rates.

Sources

Reviewed 2026-09-12. Point values are our realistic estimates – see methodology. Also: Membership Rewards (MRCC) lounge access by airport · all American Express cards · change log.