Amex SmartEarn Credit Card: A Comprehensive Review for Indian Millennials
Is the American Express SmartEarn Credit Card a good choice for millennials in India? Yes, it is among the most usable cards thanks to its reward points system, zero lost card liability, and affordable annual fees.
Introduction
Launched in September 2019, the American Express SmartEarn™ Credit Card was tailored to meet the needs of young consumers in India, particularly millennials. This card offers notable benefits like reward points for various transactions and emergency support, making it a strong contender among its peers.If you are looking for an alternative card with a high cashback system, you might want to check out the SBI Cashback Credit Card Review.
Key Features
The SmartEarn™ Credit Card comes with a host of features that make it attractive for everyday use. Here are some of its highlights:
| Feature | Description |
|---|---|
| Annual Fee | INR 495 + 18% GST, waived if you spend INR 40,000 or more in the previous year |
| Welcome Benefits | Cashback of INR 500 on spending INR 10,000 within 90 days |
| Zero Lost Card Liability | No liability if reported within three days |
| Emergency Card Replacement | Available |
If you prefer a card with lower fees and similar benefits, consider reviewing the Axis Neo Credit Card Benefits.
Pros and Cons
- Pros:
- Zero lost card liability
- Good reward point percentage
- Emergency card replacement
- Cons:
- Only available in select cities
- Not accepted at some local stores
- No membership reward points for fuel, insurance, and utility payments
For a broader range of card benefits, take a look at the ICICI Emeralde Credit Card Benefits.
Reward Points System
The rewards system of the SmartEarn™ card is quite appealing, especially for online shoppers and frequent users of popular services:
| Transaction Type | Reward Points |
|---|---|
| Flipkart, Amazon, Uber | 10X Membership Rewards for every INR 50 spent |
| Paytm Wallet, Swiggy, BookMyShow | 5X Membership Rewards for every INR 50 spent |
| General Spends | 1 Membership Reward Point for every INR 50 spent |
If you’re an avid Flipkart user, the Flipkart Axis Bank Credit Card Review could be another excellent option for earning cashback and rewards
You can redeem these points for eVouchers, shop via INSTA Rewards, or transfer points to frequent flyer programs.
Partner Discount
- Flat 10% off sitewide on boAt products
- Get 10% instant discount Upto Rs 250 on minimum purchase of Rs 2000 on BigBasket
- PVR: Get Rs 100 Off on Food & Beverage Orders Above Rs 350
- Lifestyle: Get Additional 15% Off on Lifestyle Orders Above Rs 1999
- Amazing offers on major e commerce like Swiggy, Titan, Reliance & more
- For more amazing discount offers, Check Here : https://www.indusmoments.com/offers/search
For additional discounts and offers, you can also check out the Swiggy HDFC Credit Card Review.
Eligibility Criteria
To apply for the SmartEarn™ Credit Card, individuals must meet the following criteria:
- Personal annual income of INR 4.5 lakh or above
- Self-employed with an annual income of INR 6 lakh or above
- Age above 18 years
- Residents of select Indian cities
If you’re also considering other credit cards, the IDFC First WOW Credit Card Review might be worth checking out.
How to Apply
Applying for the American Express SmartEarn™ Credit Card is simple. Visit the American Express India website or contact their customer service for assistance. Make sure to have your financial documents ready for verification.
Conclusion
The American Express SmartEarn™ Credit Card is a great option for millennials in India looking for a reliable and rewarding credit card. Its competitive reward points system, zero lost card liability, and additional perks make it a valuable addition to anyone’s wallet.If you want to explore more options, don’t miss the Axis Magnus Card Review and Tata Neu HDFC Bank Credit Card Review to see if they better suit your needs.
