Statement Credit - 100% Fee
SKU code: GOLD-AF01
Statement Credit - 100% Fee
Terms and Conditions:-
1.This offer is only available to American Express Gold® RCP and Credit Cardmembers. An American Express® Cardmember ("Cardmember") for the purpose of this offer means a person holding a Consumer Card, issued by American Express Banking Corp in India Only. This offer is not applicable on Corporate Cards.
2.You do not earn Membership Rewards Points on your American Express Card for your spending on fuel, insurance and utility (electricity, water and gas bills) payments. Fuel includes petrol, diesel, CNG from Oil Marketing Companies (OMCs). Utility services includes providers of household/domestic electricity, gas and water. These providers can be government departments and agencies including local, state, municipal organizations, public housing societies and apartment associations.
3.The card account needs to be in good status, in order to avail this feature.
4.Cardmember can use this redemption option only once a year, i.e. he/she can get this statement credit equivalent to annual fee once every calendar year.
5.The Cardmember can redeem 12,000 Membership Rewards Points for a statement credit equivalent to the standard annual fee of INR 5,175 (INR 4,500 plus taxes)
6.The Cardmember has to pay the annual fee irrespective of selecting this redemption option of getting the statement credit on his card. The statement credit will be visible to the Cardmember within 5 working days.
7.Once the points are used to redeem against the statement credit equivalent to the Annual Fee, the total points balance will be debited against the points and will be non-refundable in nature.
8.Nothing expressed or implied in the program shall in any way waive or amend any of the Terms and Conditions of the existing Cardmember agreement, Most Important Terms and Conditions and Membership Rewards Terms and Conditions with the Card issuer.
9.American Express reserves the right to vary any eligibility criteria or Offer Terms and Conditions
10.American Express reserves the right, at its sole discretion, to disqualify any individual suspected of fraud or any breach of these offer terms.
11.American Express reserves the right to suspend or cancel the offer if any fraud by users, technical failure or any other factors outside our control impairs the integrity or proper functioning of the offer which may result in any loss or damage to American Express. We will try to give you reasonable notice of any such incident and take reasonable steps to ensure you are not unfairly impacted if the incident is due to something we have done or failed to do.
12.Any disputes arising out of and in connection with this program shall be subject to the exclusive jurisdiction of the courts in the state of Delhi only.