CreditCardHunt.in — India's Best Credit Card Directory

Membership Rewards Credit Card Review 2026 — Fees, Rewards & Eligibility

Issuer: American Express

Network: Visa | Tier: Premium

High reward points

Why Choose the Membership Rewards Credit Card?

The Membership Rewards Credit Card is a Premium-tier Visa credit card issued by American Express, rated 4.6/5 by the Credit Card Hunt editorial team. It is best suited for Reward seekers. With a reward rate of MR points and an annual fee of ₹4,500, it ranks among the popular Premium cards in India in 2026.

New cardholders are welcomed with Welcome bonus, which adds immediate value in the first year.

Membership Rewards Credit Card Fees & Charges

Annual Fee₹4,500
Joining Fee₹1,000
Interest Rate3.5% per month
Foreign Markup3.5%
Fuel Surcharge WaiverNone

Membership Rewards Credit Card Rewards & Benefits

Reward RateMR points
Welcome BonusWelcome bonus
Lounge AccessNone
Best ForReward seekers

Key Highlights of the Membership Rewards Credit Card

  • High reward points
  • MR points
  • Insurance cover

Membership Rewards Credit Card Eligibility Criteria

  • Age: 21-60 years
  • CIBIL score: 750+
  • Minimum income: ₹6,00,000/year

Minimum Income Required: ₹6,00,000/year

Advantages of the Membership Rewards Credit Card

  • Strong rewards

Drawbacks of the Membership Rewards Credit Card

  • Limited acceptance

Membership Rewards Credit Card — Frequently Asked Questions

What is the annual fee of the Membership Rewards Credit Card?

The Membership Rewards Credit Card has an annual fee of ₹4,500 and a joining fee of ₹1,000. New cardholders receive Welcome bonus as a welcome benefit, which helps offset the joining cost.

Does the Membership Rewards Credit Card offer airport lounge access?

No, the Membership Rewards Credit Card does not include complimentary airport lounge access. If lounge access matters to you, compare travel cards on CreditCardHunt.in.

Who is eligible for the Membership Rewards Credit Card?

The minimum income requirement is ₹6,00,000/year. Banks typically also look for a CIBIL score of 700 or above and a clean repayment history.

What is the reward rate of the Membership Rewards Credit Card?

The Membership Rewards Credit Card earns MR points. It is best suited for Reward seekers.

Credit Cards Similar to the Membership Rewards Credit Card

If you are considering the Membership Rewards Credit Card, these premium credit cards are worth comparing before you apply:

Expert Rating: 4.6/5

View Full Review on CreditCardHunt.in →