Now earn 500rs amazon voucher on reaching milestone spends on Amex SmartEarn credit card
Beginning 01 August 2021, you can earn Amazon vouchers worth up to ₹1500 upon reaching designated spending milestones within a Cardmembership year* on your American Express SmartEarnTM Credit Card.
Here’s how it works:
You will earn an Amazon voucher worth ₹500 upon reaching each of the following spending milestones on your Card:
1.20 Lacs 1.80 Lacs 2.40 Lacs
Please note:
Only new spending between 01 August 2021 through the end of your Cardmembership year will be considered to calculate the net spend for the first year for this feature. For more information, you can view the full terms and conditions https://www.americanexpress.com/content/dam/ame....
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what a nice tactics from amex…
Good offer, but this stupid point:
The benefit start date is 1st August 2021. hence the spending will be calculated from 01st Augustly 2021 till the end of the Cardmembership year.
For example, if your card was issued on 22nd December 2019, then the Cardmembership year is calculated from 22nd December to 21st December of subsequent year. As per this new benefit, the Cardmember will have to do cumulative spends of Rs 1.20 lacs or Rs 1.80 lacs or Rs 2.40 lacs between benefit start date i.e. 01st August 2021 to 21st December 2021 to get an Amazon Voucher worth Rs 500. Subsequently spend cycle will reset with the Card renewal and new spend calculation will start from 22nd December to 21st December of subsequent year.
May not be stupid point considering amex point of view..
Its very obvious that, the spend based offer starts always from the day the offer starts as per the bank.
Beyond 10X and 5X partners, and even those with stingy caps, SmartEarn is not a very rewarding card. 1.2 L for just 500 will be a stretch on this. No point in talking about the higher thresholds.