American Express Membership Rewards Credit Card Reward Points: Value, Check & Redeem Guide (2026)
Point Value
₹0.50 per Membership Rewards point (travel)
Expiry
No expiry (with active card)
Redemption Options
4
Last Updated
24-Mar-2026
Membership Rewards Value in 2026
Earn 1 MR point per ₹50 spent. 1000 MR points = ₹500 on travel, ₹300 on statement credit. Annual fee ₹1,000 + GST (first year free).
How to Check Your Membership Rewards Balance
How to Redeem Membership Rewards
Travel
Best ValueFlights and hotels via Amex Travel
Value: ₹0.50/point
Statement Credit
Against eligible transactions
Value: ₹0.30/point
Partner Transfers
Best ValueTransfer to airline/hotel partners
Value: Variable/point
Shopping
Amazon, Flipkart vouchers
Value: ₹0.30/point
Best Redemption Strategy
Transfer to airline partners (Marriott, Singapore Airlines) for highest value. Travel redemptions via Amex portal at ₹0.50/point are the easy option.
Expiry Policy
Membership Rewards points do not expire as long as the card account is active and in good standing.
Exclusions
- ×Fuel transactions at some pumps
- ×Government/utility payments may earn at lower rate
Pro Tips
- 💡Points never expire — huge advantage over other cards
- 💡Transfer partners offer outsized value (airlines, hotels)
- 💡Entry-level Amex with premium rewards structure
- 💡First year free — try it before committing
Related Guides
Information is for reference only. Point values and policies may change. Always verify with American Express official sources. Last updated: 24-Mar-2026.