How To Get An Amex Card Easily | Best Amex Credit Card For You | All Amex Card Eligibility Criteria

[TechnoFino]

If you are a credit card enthusiast, then you must have an Amex card. Your credit card portfolio is incomplete if you don't have an American Express card. There are many reasons behind holding a credit card from Amex. They come up with frequent online and offline deals. Their reward system [MR Points] is one of the most rewarding and valuable credit card reward programmes.
Amex India offers four credit cards and two charge cards in India.

Credit Card List-

1. Amex SmartEarn Credit Card
2. Amex Membership Rewards Credit Card
3. Amex Platinum Reserve Credit Card
4. Amex Platinum Travel Credit Card
5. AMEX Platinum Charge Card
6. AMEX Gold Charge Card

Eligibility Criteria-
1. You must have a serviceable area address [can be your current address]. Normally, Amex doesn't ask for address proof.

Serviceable City List-
Guntur, Hyderabad, Krishna, Medak, Rangareddy, Visakhapatnam, Vizianagaram, Chandigarh, Jaipur, Ahmedabad, Gandhinagar, Bardoli, Surat, Vadodara, Ambala, Jhajjar, Panchkula, Bengaluru, Kochi, Bhopal, Indore, Mumbai, Pune, Raigad, Thane, Bhubaneswar, Khurdha, Mohali, Chennai, Coimbatore, Erode, Kanchipuram, Krishnagiri, Salem, Tiruvallur, Gautam Buddha Nagar, Hooghly, Howrah, Kolkata, North 24 Parganas, South 24 Parganas, Delhi, Noida, Ghaziabad, Gurgaon, Faridabad, Vijayawada, Ernakulam, Secunderabad, Aluva, Ropar, Hosur, Sriperumbudur, Tiruppur, Baramati, Navi Mumbai, Lucknow, Trivandrum, Mysuru, Nasik, Nagpur, Ludhiana,

2. Income:-

Card Name	Salaried Person	Self-Employed
AMEX SmartEarn Credit Card	Rs. 4,50,000	Rs. 6,00,000
AMEX Membership Rewards Credit Card	Rs. 6,00,000	Rs. 6,00,000
AMEX Platinum Travel Credit Card	Rs. 6,00,000	Rs. 6,00,000
AMEX Platinum Reserve Credit Card	Rs. 6,00,000	Rs. 6,00,000
AMEX Gold Charge Card	Rs. 6,00,000	Rs. 6,00,000
AMEX Platinum Charge Card	Rs. 25,00,000	Rs. 15,00,000

Things to remember when applying for an Amex card:

1. You must have an address in a serviceable area.
2. Your CIBIL score should be a minimum of 750.
3. No late payment entries in your CIBIL report in the last 7 years. [unofficial]
4. No more than three hard inquiries in the last three months. [unofficial]

If you are eligible, just apply for an AMEX card using this link - Click Here & Apply For AMEX Card.

Best Amex Credit Card For You:

Amex offers entry-level cards as well as ultra-premium cards. We typically use our American Express card to earn miles and hotel loyalty points. You have to choose the right credit card for you according to your needs and how you want to redeem your card's reward points.

Lets Simplify This-

• If you are not looking for airmiles or hotel points but just want an AMEX card for their online and offline deals, then get an entry-level card like the Amex SmartEarn.
• Get an AMEX MRCC if you can spend Rs. 1,50,000 per year [1,500 X 4 Transactions per Month] but aren't interested in airmiles.
• If you are into airmiles games, you want to redeem your reward points for airmiles or hotel points, and you can spend Rs. 5,50,000 to Rs. 8,00,000 a year, then get AMEX Platinum Travel + AMEX Gold Charge + AMEX MRCC. More details below.
• If you are looking for a pure lifestyle credit card and don't care about the card's fees or reward rate, then you can go for the American Express Platinum Charge Card.

Now, how to maximise your AMEX reward:
Apply for Amex Gold Charge, Amex Platinum Travel, and Amex MRCC. You can get MRCC as a companion card with an Amex Gold Charge. That means you don't have to pay any fees for the Membership Rewards Card as long as you hold an AMEX Gold Charge Card. And you can always negotiate with Amex for your other card's fees reversal, remember one think... If you don't ask for retention offer, you'll get nothing.

Use your Platinum Travel Card to spend Rs. 400,000:
If you spend 4L using your Plat travel card, you'll get 48,000 MR points and a Taj Hotel voucher of Rs. 10,000.
Regular MR for spending 4L = 8,000 MR
Milestone 1 [1.9L spends] = 15,000 MR
Milestone 2 [4L spends] = 25,000 MR, TAJ GV- 10K

Using your AMEX Gold Charge Card, spend Rs. 72,000:
If you make 6 transactions a month of Rs. 1,000 each via Amex reward multiplier [ex-buy any gift voucher], then you'll get 5X MR points + 1000 bonus MR points.
Total Points Per Year-
5X Bonus = 7200 MR
6 Transactions bonus = 12,000 MR
Total = 19,200 MR

Use your American Express MRCC to spend 72,000/2,40,000:
Case 1:
If you make 4 transactions a month of Rs. 1,500 each via Amex reward multiplier [ex-buy any gift voucher], then you'll get 2X MR points + 1000 bonus MR points.
Total Points Per Year-
2X Bonus = 2880 MR
6 Transactions bonus = 12,000 MR
Total = 14,880 MR

Case 2:
If you make 4 transactions a month of Rs. 1,500 each via Amex reward multiplier [ex-buy any gift voucher], then you'll get 2X MR points + 1000 bonus MR points, and spend a total of Rs. 20,000 a month.
Total Points Per Year-
2X Bonus on 72K = 2880 MR
Normal Reward On 1.68L = 3360 MR
6 Transactions bonus = 12,000 MR
20K Transaction bonus = 12,000 MR
Total = 30,240 MR

So, if you spend 4L using AMEX Platinum Travel + 72K using Gold Charge + 72K using MRCC (case 1), then you'll get a total of 82,080 MR points and a Taj hotel voucher worth Rs. 10,000.
Total Spends = Rs. 5,44,000
Total Value Back [If you value 1 MR = Rs. 0.80] = Rs. 75,664
Card Annual Fees you have to pay-
Gold Charge = Rs. 4,500 + 18% GST = Rs. 5310
Platinum Travel = Rs. 5000 + 18% GST = Rs. 5900
MRCC = 0* Companion Card
Total Fees= Rs. 11,210
Actual Value Back = Rs. 64,454 [after spending 5.44L]
Reward Rate-11.85%
# If you manage to get Platinum Travel Card fees waiver, then reward rate will be- 12.93%

Now,
If you spend 4 lakhs using AMEX Platinum Travel + 72K using Gold Charge + 2.40 lakhs using MRCC, then you'll get a total of 97,440 MR points and a Taj hotel voucher worth Rs. 10,000.
Total Spends = Rs. 7,12,000
Total Value Back [If you value 1 MR = Rs. 0.80] = Rs. 87,952
Card Annual Fees you have to pay-
Gold Charge = Rs. 4,500 + 18% GST = Rs. 5310
Platinum Travel = Rs. 5000 + 18% GST = Rs. 5900
MRCC = 0* Companion Card
Total Fees = Rs. 11,210
After spending 7.12L, the actual value returned is Rs. 76,742.
Reward Rate-10.78%
# If you manage to get Platinum Travel Card fees waiver, then reward rate will be- 11.61%

Apply For AMEX Credit Card- Click Here (All Amex Card Application Link)

 

[BMR]

but the agent i came across said 6 lakhs net income should be on ITR acknowledgement page for self employed, how true is this ? I have 620k on detailed ITR 4 acknowledgement form , where as after deductions it is 460K on single page acknowledgement form which the executive said not possible to apply for any amex card. can someone clarify on this part & any of the members with my ITR numbers got amex card?

It true. They consider the net after deductions. They do not consider the gross. The same rule is followed for limit enhancements too.

 

[BMR]

But I think you can apply for smart earn card.

 

[Srikkanth]

But I think you can apply for smart earn card.

for self employed , do they allow that 459k ITR, guess its for salaried?

 

[BMR]

for self employed , do they allow that 459k ITR, guess its for salaried?

For self-employed, they need 6 lac ITR of personal income, and the business should be in existence for a year.

 

[Shanku]

@TechnoFino 1. You mentioned we have to apply for Gold card and Platinum Travel separately. In that case which needs to applied first? Or can they both be applied at the same time?
2. If I apply for 2 separate card that means 2 hard check on cibil?

 

[Chiraag17]

Can anyone confirm if proof of address is required in serviceable city? I have a mailing address I can use in a serviceable city. But obviously no proof of address.

Yes, I was asked for proof of address in serviceable city since my aadhar address was different than my mailing/communication address

 

[theglobalinvestor]

Yes, I was asked for proof of address in serviceable city since my aadhar address was different than my mailing/communication address

Will a bank statement do?

 

[dhshankar]

Will a bank statement do?

no.. the eligible docs

 

[chaitanyamella]

It true. They consider the net after deductions. They do not consider the gross. The same rule is followed for limit enhancements too.

While this is generally true, they don't enforce it. When I applied in 2020, they asked for the gross shown on Form 16 (i.e before tax deduction).

 

[Srikkanth]

assume you are salaried , so they might have taken your application into consideration. had chat with two different cities amex agents where one vehemently denied not possible and the other said its possible. don't want to take a cibil hit and end up being card denied. so waiting to hear from someone who is self employed and got the card with my ITR numbers, btw had bad experience with hyd amex folks regarding card application 3 years back

 

[chaitanyamella]

assume you are salaried , so they might have taken your application into consideration. had chat with two different cities amex agents where one vehemently denied not possible and the other said its possible. don't want to take a cibil hit and end up being card denied. so waiting to hear from someone who is self employed and got the card with my ITR numbers, btw had bad experience with hyd amex folks regarding card application 3 years back

Do you have too many hits in the recent past or do you intend to take a loan in the next few months? If not, the CIBIL hit is a bit overrated. It will bounce back. And as to the criteria in question, one cannot be sure. You will have to take the chance.

 

[Srikkanth]

Do you have too many hits in the recent past or do you intend to take a loan in the next few months? If not, the CIBIL hit is a bit overrated. It will bounce back. And as to the criteria in question, one cannot be sure. You will have to take the chance.

no hits in past 6 months. will give a try at hyd then ..

 

[chaitanyamella]

no hits in past 6 months. will give a try at hyd then ..

Let's know how it goes.

 

[TechnoFino]

@TechnoFino 1. You mentioned we have to apply for Gold card and Platinum Travel separately. In that case which needs to applied first? Or can they both be applied at the same time?
2. If I apply for 2 separate card that means 2 hard check on cibil?

1. any... doesn't matter
2. yes

 

[TechnoFino]

but the agent i came across said 6 lakhs net income should be on ITR acknowledgement page for self employed, how true is this ? I have 620k on detailed ITR 4 acknowledgement form , where as after deductions it is 460K on single page acknowledgement form which the executive said not possible to apply for any amex card. can someone clarify on this part & any of the members with my ITR numbers got amex card?

submit all files (form and acknowledgment)

 

[chinmay]

Hey guys, had a query with regards to the Amex spends to get monthly bonus RP.

I know Fuel spends does not fetch RP, but are fuel spends counted in the 1.5k txn which can fetch the bonus point each month?
If we spends over and above the threshold?

 

[chaitanyamella]

Hey guys, had a query with regards to the Amex spends to get monthly bonus RP.

I know Fuel spends does not fetch RP, but are fuel spends counted in the 1.5k txn which can fetch the bonus point each month?
If we spends over and above the threshold?

Yes. They are counted.

 

[paipurivamsi]

Amex is asking for local address proof and is not accepting LPG connection bill but accepting PNG connection bill. So pathetic ... my KYC is failed due to this fact.

 

[aditya001]

Amex is asking for local address proof and is not accepting LPG connection bill but accepting PNG connection bill. So pathetic ... my KYC is failed due to this fact.

Ask theme to reschedule.. and arrange in the mean time, Update your aadhar its very easy you can do it online

 

[paipurivamsi]

Ask theme to reschedule.. and arrange in the mean time, Update your aadhar its very easy you can do it online

Amex is saying no option of physical KYC with them. Only VKYC at this moment. I am PSU employee and why will take pain to change address in Aadhar for this overhyped card?? Happy with Indian companies credit cards...