Credit Card is a physical or virtual payment instrument containing a means of identification, issued with a pre-approved revolving credit limit, that can be used to purchase goods and services or draw cash advances, subject to prescribed terms and conditions.

Simply put, a credit limit is set and communicated to you when your card application is approved. As a Cardholder, you’re then free to spend up to this limit and, after an agreed period, you’ll receive your monthly card statement with the minimum and total amount you need to pay. 

You can pay the minimum amount due to avoid late payment fees and prevent a negative reporting to Credit Information Companies (CICs), however, the interest on the unpaid amount will be charged. If you pay the total amount due, you won’t be charged any interest. For detailed information on all the charges and how such charges are computed, please refer to the Most Important Terms and Conditions.

Credit Card is a physical or virtual payment instrument containing a means of identification, issued with a pre-approved revolving credit limit, that can be used to purchase goods and services or draw cash advances, subject to prescribed terms and conditions.

Charge Card is a type of credit card where the user must pay the billed amount in full on due date after the billing cycle, and no rolling over of credit to the next billing cycle is permitted.

Debit Card, on the other hand, is a physical or virtual payment instrument containing a means of identification, linked to a Saving Bank/Current Account which can be used to withdraw cash, make online payments, do PoS terminal/Quick Response (QR) code transactions, fund transfer, etc. subject to prescribed terms and conditions.

Credit Limit is the maximum amount of revolving credit determined and notified to the cardholder to transact in the credit card account. 

Credit score generally indicates your creditworthiness and demonstrates your ability to repay a loan. Lenders check your Credit Score to understand your credit profile, behavior patterns and repayment habits before they process your application. 

American Express Credit Cards offer several benefits for Cardholders:

• Financial flexibility
• Travel benefits
• Rewards Points with every payment
  
• Exclusive Membership Rewards
• Option to use equated monthly instalments (EMI)
• Credit Card protection

All requests for a credit limit increase gets reviewed on a case-by-case basis. Factors like payment history, personal income, and credit score are considered before approving a credit limit increase.

Knowing your available credit limit can help you plan your purchases accordingly and help you maintain a decent credit score. You can check your total credit limit on your monthly credit card statement

Minimum Amount Due is the minimum amount of money, as a part of the total bill amount, that a cardholder must pay to not be treated as an overdue bill.

Membership Rewards is a customer loyalty program. American Express rewards Cardmembers that regularly use American Express Cards. The more you spend, the more Membership Rewards points you accumulate. These points can be redeemed for a wide variety of travel rewards, shopping rewards, entertainment rewards and more. Points can also be transferred to other loyalty programs such as airlines (frequent flyer programs) and hotels (frequent guest programs).

Earn

Just use your Card for any purchase and watch the points add up. There is no limit to the points you can earn, and they never expire until the card is closed

Explore

The Membership Rewards catalogue offers exceptional rewards. From travel to shopping - redeem them on rewards that you like.

Redeem

Log in to your account to redeem points for a host of options or pay with points when you checkout online or in-store at participating merchants.

Yes, you can transfer points to a participating frequent flyer partner program or frequent guest program. To transfer your Membership Rewards Points to a participating Frequent Flyer Program or Frequent Hotel Guest Program, you first need to register* your Frequent Flyer Number with us by calling our 24x7 Membership Services Helpline. You can link accounts anytime and there is no limit to the number of partners you can link with. Please allow up to 14 days for us to verify your account. You can then transfer your Membership Rewards Points to your Frequent Flyer Account online.

If you're not enrolled, enroll in online services here, or call us at call us at our Membership Services on the 24 hour Toll Free numbers printed at the back of your Card and we'll process your request for you.

*This service is not applicable for Cardmembers enrolled in Non-Frequent Traveler option.

Yes. You will be charged 3.5% of the transaction amount as a mark-up fee for foreign currency transactions.

Discover our tips on how to save money abroad.