Spend on any 4 transactions of Rs 1,500 or more to get 1,000 bonus reward points per month.
To Earn Maximum Possible Points
Buy Rs 1,500 worth of vouchers 4 times in 4 different transactions from Gyftr
This gives you 1,240 points per month.
You can buy Amazon vouchers and add these vouchers on Amazon and shop or pay for anything where Amazon Pay is accepted
You can use Amazon this Amazon Pay balance to pay your insurance premiums too via https://www.amazon.in/hfc/bill/insurance
There are 125+ different online and offline brands to choose from. Get vouchers of brands where you already spend money like Flipkart, Swiggy, Zomato, Uber, Myntra, etc.
To get better redemption options, also do this
Spend Rs 2,500 more on this card every month (preferably via Reward Multiplier) to get additional 100 points.
This will ensure that you reach at least 18,000 points before the end of the year and can get some extra redemption option.
Total Membership Rewards Points earned
2,000 Bonus points for applying via referral link and spending Rs 5,000 in first 90 days.
This happens automatically if spends are done as given above
1,340 reward points per month (16,080 per year) on spending Rs 8,500 per month as given above
Total 18,080 reward points
Pay for any purchase with your points during checkout at value of Rs 0.25 per point. Pay with Points option available on most online and offline stores. 18,000 points will convert to Rs 4,500 in cash.
Check details here: https://global.americanexpress.com/rewards/pay-with-points
Any purchase already made can also be paid for with points at value of Rs 0.25 per point. 18,000 points will convert to Rs 4,500 in cash.
Check details here: https://global.americanexpress.com/rewards/points-for-charges
Convert 18,000 American Express Membership Reward Points to 6,000 Club Vistara Miles (Free registration on Club Vistara website required) and use them to book a flight worth Rs 5,000-8,000.
Check details here: https://global.americanexpress.com/rewards/transfer
Convert 18,000 American Express Membership Reward Points to 18,000 Marriott Bonvoy Points (Free registration on Marriott Bonvoy website required) and get a 2-night stay at one of ~20 Marriott properties in India across cities like Kochi, Chennai, Visakhapatnam, Jodhpur, Surat, Ahmedabad, Vadodara. Depending on the property, the value of this 2-night stay can be between Rs 6,000-16,000.
Check details here: https://global.americanexpress.com/rewards/transfer
From time to time, transfer bonuses are offered from American Express to Marriott Bonvoy (these are communicated over email). During these offer periods, you can get upto 23,400 Marriott Convoy Points which gives you access to ~25 more Marriott properties in India across cities like Bengaluru, Amritsar, Agra, Jaipur, Pune, Siliguri, and Indore. Depending on the property, the value of this 2 night stay can be between Rs 8,000-18,000.
Convert 18,000 American Express Membership Reward Points to vouchers worth Rs 6,000 for one of these brands
Amazon
Flipkart
Reliance Digital
Check details here: https://global.americanexpress.com/rewards/gift-cards
Convert 18,000 American Express Membership Reward Points to vouchers worth Rs 7,000 for one of these brands
Myntra
Tata Cliq
Shoppers Stop
Check details here: https://global.americanexpress.com/rewards/gift-cards
Convert 18,000 American Express Membership Reward Points to Taj Hotels stay vouchers worth Rs 9,000.
Check details here: https://global.americanexpress.com/rewards/gift-cards
* Please note that these URLs will show correct information only when you have an American Express login which you can create once you have an American Express card.
**These are the options that you have. You can pick one or a combination of these but remember you only have 18,000 points total so if you redeem 2,000 for a purchase worth Rs 500, you’ll only have 16,000 now to convert to Marriott Bonvoy or to Club Vistara.