Amex SmartEarn

Entry

American Express

Where it ranks · across all 71 cards

#33 Online shopping1.3%at Flipkartdirect#32 Groceries1.3%at Blinkitdirect#32 Food delivery1.3%at Zomatodirect

Devaluation history

2026-08-01 - Amex India is currently not accepting new card applications - existing cardholders unaffected.

Reward rules

Points valued at ₹0.25/pt - conservative, what rankings use

Base rate - everything not covered below

1 pt / ₹50= 2 pts per ₹100

0.50%

conservative value

10X pool A (Flipkart/Uber/BMS/Ajio/Nykaa/PVR/Blinkit/Myntra)

10 pts / ₹50= 20 pts per ₹100

5.00%

conservative value

500 TOTAL 10X pts/month for the Flipkart/Uber/BMS/Ajio/Nykaa/PVR/Blinkit/Myntra pool (incl base)

Issuer merchant list: 10X bonus capped 500 MR/month jointly for Flipkart, Uber, BookMyShow, Ajio, Nykaa, PVR, Blinkit, Myntra. Merchants identified by payment descriptors, not MCC; list "as of 28 Aug 2024" and may change.

Source: Amex SmartEarn participating-merchant list (issuer PDF, as of 28 Aug 2024) · 2026-08-22

10X pool B (Zomato & EaseMyTrip)

10 pts / ₹50= 20 pts per ₹100

5.00%

conservative value

500 TOTAL 10X pts/month for Zomato + EaseMyTrip (incl base)

Separate 500 MR/month bonus pool for Zomato and EaseMyTrip together. Swiggy is NOT on the issuer merchant list.

Source: Amex SmartEarn participating-merchant list (issuer PDF, as of 28 Aug 2024) · 2026-08-22

5X on Amazon

5 pts / ₹50= 10 pts per ₹100

2.50%

conservative value

250 TOTAL 5X pts/month on Amazon (incl base)

5X bonus capped 250 MR/month on Amazon (issuer merchant list).

Source: Amex SmartEarn participating-merchant list (issuer PDF, as of 28 Aug 2024) · 2026-08-22

Via portals & vouchers - alternate methods (display, never rank)

🎟 ShopWise vouchers 2X (Reward Multiplier)1.0%
via amex travelsrc ↗
Reward Multiplier moved Gyftr to ShopWise on 1 Feb 2026; 200+ brands.

Milestones

₹1,20,000 / year

₹500 voucher at this spend milestone

worth ≈ ₹500

₹1,80,000 / year

₹500 voucher at this spend milestone

worth ≈ ₹500

₹2,40,000 / year

₹500 voucher at this spend milestone

worth ≈ ₹500

Earns nothing on

⊘ Fuel: no MR points (MR T&C Section III.1(a) - Amex publishes categories, not MCC codes).
⊘ Insurance: no MR points (MR T&C Section III.1(a)).
⊘ Utility services (electricity/gas/water, incl govt providers): no MR points (MR T&C Section III.1(a)).
⊘ EMI chosen at merchant site/terminal earns no MR points on personal credit cards (MR T&C).