American Express SmartEarn® Credit Card

Charge

• Finance/Interest charge: 3.5% p.m. (42% p.a.).
• In case of default 3.99% p.m. (47.88% p.a.).
• Cash Advance Fee: 3.5% of the cash advance amount, minimum ₹250.
• Late Payment Charge: 30% of the Minimum Amount Due, minimum ₹500 and maximum ₹1,000, plus applicable taxes.
• Standard Supplementary Card Fee: ₹250 (1 supplementary card complimentary).
• Duplicate Statement Fee: ₹100 per statement for statements older than 3 months.
• Cheque/NACH Return Fee: ₹250 per returned instrument.
• Record of Charge/Summary of Charge Retrieval Fee: ₹100 per retrieval.
• Convenience Fee on Railway Ticket (IRCTC internet): 1.8% of transaction value, minimum ₹10 + payment gateway charges + GST.
• Foreign Currency (Currency Conversion Factor Assessment): 3.50%.
• Overlimit transactions temporarily disabled effective 1 October 2022 (issuer-initiated debit of fee and charges can take the account over the assigned credit limit).

Verified · Most Important Terms & Conditions (MITC) – American Express Credit Cards (incl. SmartEarn), updated 31 March 2026 · 2026-08-04 · source

Interest-free period

• Up to 48 days free credit without interest charges (except cash advances and balance transfers), subject to full payment of previous and current closing balance by due date.
• Payment due date varies from 18 to 23 days from statement generation date depending on previous month's payment behaviour.

Verified · Most Important Terms & Conditions (MITC) – American Express Credit Cards (incl. SmartEarn), updated 31 March 2026 · 2026-08-04 · source

Fuel surcharge waiver

• Fuel convenience fee: 0% for HPCL transactions less than ₹5,000.
• 1% per transaction for all HPCL transactions on and above ₹5,000.
• 1% of transaction value (min ₹10 + taxes) at BPCL and IOCL fuel stations.
• 2.5% of transaction value (min ₹10 + taxes) at all other Oil Marketing Companies (except HPCL, BPCL and IOCL).

Verified · Most Important Terms & Conditions (MITC) – American Express Credit Cards (incl. SmartEarn), updated 31 March 2026 · 2026-08-04 · source

Milestone benefit

• Spend ₹1.20 Lacs in a Cardmembership year and get a voucher worth ₹500.
• Spend ₹1.80 Lacs and get an additional voucher worth ₹500.
• Spend ₹2.40 Lacs and get an additional voucher worth ₹500 (total vouchers worth ₹1,500 on total spending of ₹2.40 Lacs).
• Vouchers redeemable at Amazon, Flipkart, Lifestyle, MakeMyTrip, PVR, Shoppers Stop, Myntra, Uber, Costa Coffee, Pantaloons or BookMyShow.
• Spend is net spend excluding fees and charges.

Verified · harvested from product page · 2026-08-04 · source

Redemption value

• Membership Rewards Points on the FTO (Frequent Traveler Option) tier never expire.
• Bonus Membership points are credited to the cardmember's account automatically.
• Turnaround time for resolution of missing points is up to 30 days from the date of query raised.

Verified · Most Important Terms & Conditions (MITC) – American Express Credit Cards (incl. SmartEarn), updated 31 March 2026 · 2026-08-04 · source

Reward cap

• 10X points capped at 500 points per month per Card Account jointly for Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, BlinkIt and Myntra together.
• 10X points capped at 500 points per month per Card Account for Zomato and EaseMyTrip together.
• 5X points capped at 250 points per month per Card Account for Amazon.

Verified · harvested from product page · 2026-08-04 · source

Reward exclusion

• No Membership Rewards points are earned on any EMI option selected from a merchant's website or at a merchant's terminal (e.g. a Chip and PIN transaction at a retail store).
• Points continue to be earned on all EMI transactions through American Express SafeKey and on all EMI conversions done post purchase.

Verified · harvested from product page · 2026-08-04 · source

Insurance

• No air accident insurance applicable for the SmartEarn Credit Card (Air Accident Insurance is Not Applicable for Other Credit Cards; only Platinum Reserve carries it).
• Optional group insurance cover provided by an independent insurer, premium borne by AEBC, subject to nomination and eligibility.

Verified · Most Important Terms & Conditions (MITC) – American Express Credit Cards (incl. SmartEarn), updated 31 March 2026 · 2026-08-04 · source

Eligibility

Up to 1 Supplementary Card for American Express SmartEarn Credit Card is complimentary with the Basic Credit Card, post which the Standard Supplementary Card Fee (₹250) will be applicable.

Verified · Most Important Terms & Conditions (MITC) – American Express Credit Cards (incl. SmartEarn), updated 31 March 2026 · 2026-08-04 · source