American Express Reward Multiplier Offer January 2024 Update

Top credit card issuers such as HDFC Bank and Axis Bank feature dedicated reward portals like SmartBuy and GrabDeals. These platforms offer accelerated reward points and substantial returns for transactions made at specific partner merchants. In a parallel fashion, American Express has introduced the Reward Multiplier program, providing cardholders with the opportunity to earn Membership Reward points at an accelerated rate.

The Amex Reward Multiplier functions as a shopping portal that allows users to access their preferred brands and earn accelerated reward points. The number of reward points earned varies depending on the specific Amex credit card variant used for the transaction. The earned points can be redeemed for a variety of items, including travel vouchers, flight bookings, electronics, and fashion products. Amex has established partnerships with several prominent brands such as Flipkart, Tanishq, Apple, Dyson, Croma, MakeMyTrip, and others, offering cardholders a diverse range of options for earning and utilizing their rewards.

Image Credit-American Express

Amex Reward Multiplier December 2023 Update

The Amex Reward Multiplier portal has expanded its list of partners to include several new brands. Some of the recent additions to the portal are Dyson, One Plus, HP, Acer, Fiona Diamonds, Malabar Gold, Koskii, Levi, Bed Bath & Beyond, SleepyOwl, Ferns & Petals, and RageCoffee. This broadens the range of options for Amex cardholders, offering them more opportunities to earn and redeem rewards across various product categories and services.

Amex Credit Cards Eligible for Reward Multiplier

The following Amex credit cards are eligible to get up to 5x Membership Reward Points on the Reward Multiplier shopping portal.

  • American Express Centurion Credit Card
  • American Express Platinum Credit Card
  • American Express Platinum Reserve Credit Card
  • American Express Platinum Travel Credit Card
  • American Express Gold Card
  • American Express Membership Rewards Credit Card
  • American Express SmartEarn Credit Card

All corporate and cobranded cards issued by American Express are not eligible to get accelerated reward points through the Reward Multiplier portal.

Reward Multiplier Benefits

Shopping through the Rewards Multiplier portal will earn you accelerated reward points based on your card. Different cards have different reward multiplication factors. The following table shows the bonus reward points earned by all Amex credit cards –

Credit CardReward MultiplierBonus Reward PointsNormal Reward PointsTotal Reward Points
American Express Centurion Credit Card10x54 points per Rs. 200 spent6 points per Rs. 200 spent60 points per Rs. 200 spent
American Express Platinum Credit Card5x4 points per Rs. 40 spent1 point per Rs. 40 spent5 points per Rs. 40 spent
American Express Platinum Reserve Credit Card3x2 points per Rs. 50 spent1 point per Rs. 50 spent3 points per Rs. 50 spent
American Express Platinum Travel Credit Card3x2 points per Rs. 50 spent1 point per Rs. 50 spent3 points per Rs. 50 spent
American Express Gold Card5x4 points per Rs. 50 spent1 point per Rs. 50 spent5 points per Rs. 50 spent
American Express Membership Rewards Credit Card2x1 point per Rs. 50 spent1 point per Rs. 50 spent2 points per Rs. 50 spent
American Express SmartEarn Credit Card2x1 point per Rs. 50 spent1 point per Rs. 50 spent2 points per Rs. 50 spent

Reward Multiplier – Partner Brands

Amex has partnered with various top brands for the Reward Multiplier portal and you can earn bonus points when you shop at these brands through the portal. The following are the top brands that American Express has partnered with across different categories –

Marketplace – Flipkart, Myntra, AJIO, Tata Cliq, Nykaa, Nykaa Fashion

Travel – MakeMyTrip, Etihad Airways

Electronics – Apple, Dyson, Croma, OnePlus, Acer, HP, Lenovo, Boat, Norton, Portronics

Fashion – Tanishq, Marks & Spencers, Hidesign, FabIndia, Urbanic, Levis, Jack & Jones, GAS, Kiehl’s, Only, Aldo

Global Shopping– FARFETCH, Ubuy, Chic Me

Others– Pepperfry, Durian, Kama, Forest Essentials, Bath & Body Works, Mama Earth, Titan, Fastrack, Cadbury

How to Earn Bonus Reward Points with Reward Multiplier

Carry out the following steps if you want to earn bonus Membership Reward Points on your Amex credit card at the Reward Multiplier portal –

  • Head over to the Amex Reward Multiplier portal. Choose any merchant you wish to purchase from and then click Shop Now. You do not need to log in to your account.
  • Enter a few details about your credit card and then click Submit. When you reach the merchant website through the portal, make sure that the Cart is empty before you begin choosing what to purchase.
  • Add the products and vouchers to your Cart that you want to buy.
  • Move to the check out page and make sure to pay with the Amex credit card that you used earlier for validation.

Move to the check out page and make sure to pay with the Amex credit card that you used earlier for validation.

On the Gyftr portal, you can get exclusive discount on top brands’ gift vouchers in addition to the bonus reward points on your credit card.

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