Diwali 2023: How to maximise reward points and other benefits on American Express credit cards

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credit cards. Let us understand how you can get maximum shopping benefits on your American Express credit cards. During the Diwali festive season, American Express rolls out various offers for its cardholders.

As an American Express credit card holder, you can club multiple offers in a single transaction and maximise your benefits. Here is how you can do it. When you swipe your American Express credit card for an online or offline transaction (except for excluded spend categories), you earn 1 reward point for every Rs.

50 spent. It is known as the base reward rate. Apart from the base reward rate, different cards have different milestone benefits.

For example, the American Express Platinum Travel Credit Card has two milestones: ⦁ You get 15,000 bonus reward points on spending Rs. 1.9 lakhs in a year. ⦁ When your annual spending reaches Rs.

4 lakhs, you get an additional 25,000 bonus reward points and a Rs. 10,000 Taj Stay Gift Voucher. Similarly, the American Express Membership Rewards Credit Card (MRCC) has two milestones: ⦁ On doing 4 transactions of Rs.

1,500 or more in a month, you get 1,000 bonus reward points ⦁ When your spending reaches Rs. 20,000 or more in a month, you get an additional 1,000 bonus reward points. American Express sends spend-based offers from time to time.

For example, many American Express cardholders have received a festive spend-based offer valid from 15th September to 15th November 2023. As per the offer, when you spend the specified amount, you get a gift voucher of a specified amount. As seen in the above example, if the cardholder spends Rs.

50,000 or more, they will get a Rs. 2,000 Amazon/Flipkart gift voucher. Similarly, different cardholders have received different offers.