American Express Reward Multiplier is the card issuer’s proprietary program that earns you accelerated Membership Rewards Points on purchases made from the Reward Multiplier page. You can buy shopping vouchers from popular brands like Amazon, Flipkart, Apple, Lenovo, etc or you can also purchase products from third-party merchants by landing on their page via the link on the Reward Multiplier page. Usually, you earn 5X Points on the Platinum and Gold cards, 3X Points on Platinum Reserve and Platinum Travel Credit cards and 2X points on other American Express Proprietary cards. American Express, however, frequently runs offers on the Reward Multiplier program allowing you to earn even more Membership Reward Points.
Amex Reward Multiplier August 2021 Update:
American Express has once again come up with a very similar offer under which you’ll be earning 15 Membership Rewards Points per Rs. 100 spent on participating merchants and purchase of e-vouchers via GyFTR platform. This offer will be valid from 5th August to 9th August 2021. Just as earlier, the ongoing Reward Multiplier offer of 5X Points on the Platinum and Gold cards, 3X Points on the Platinum ReserveSM and Platinum Travel credit cards and 2X Points on other American Express Proprietary cards shall not be applicable.
Amex Reward Multiplier July 2021 Update
As Amazon’s two day shopping event – the Prime Day sale begins tomorrow i.e 26th July 2021, American Express has come up with an exclusive offer for its credit card customers, allowing them to make the most of this shopping event. AmEx cardmembers will earn 20 Membership Rewards Points for every Rs. 100 spent through Reward Multiplier during this two day event (July 26- July 27). That being said, the offer is not limited only to purchases made on Amazon, you can avail of this offer on all merchants listed on the Reward Multiplier page including popular brands like Flipkart, Myntra, Apple, OnePlus, Lenovo, Samsung (product categories exceptions as mentioned in the Rewards Multiplier terms and conditions apply as earlier).
Offer Terms and Conditions:
- The ongoing Reward Multiplier offer of 5X points on the Platinum and Gold Charge Cards, 3X points on the Platinum Reserve and Platinum Travel Credit Cards and 2X points on other American Express Proprietary Cards will not be applicable.
- The max cap of 25K Bonus Membership Rewards Points per month will still be applicable during this two day offer period.
- You will not earn any Membership Rewards Points on certain product categories on Flipkart, Amazon and Tata Cliq (refer Reward Multiplier T&C for details).
- The Bonus Membership Rewards Points will be credited within 120 days from the date of the transaction.
Considering the high reward rate, this is an offer, as an American Express cardmember, you simply can’t afford to miss out on. Since the max cap of 25K Points is still applicable, you’ll have to spend at least Rs. 1,25,000 during the offer period for maximum benefit. As earlier, the Membership Rewards Points earned can be redeemed for e-vouchers, statement credit, transferred to partner frequent-flyer and hotel loyalty programs, or if you have an Amex Gold card you can redeem from the 18 and 24 Karat Gold Collection. We wish American Express comes up with such offers more frequently.