American Express Membership Rewards Credit Card vs SimplyCLICK SBI Card
Calculate exact net annual returns in ₹ after fee waivers, milestone rewards, categories, and caps. Card terms verified 2026-07.
Quick Key Takeaways & Fact Summary
- Overall Winner: SimplyCLICK SBI Card earns higher net annual returns at standard spend tiers.
- Annual Fee: American Express Membership Rewards Credit Card (₹4500/yr) vs SimplyCLICK SBI Card (₹499/yr).
- Base Reward Rate: American Express Membership Rewards Credit Card (2 pts/₹100) vs SimplyCLICK SBI Card (1 pts/₹100).
- Lounge Access: American Express Membership Rewards Credit Card (0 dom) vs SimplyCLICK SBI Card (0 dom).
Interactive Net Returns Calculator
Adjust spend profiles to compare total net value, annual fee waivers, category earnings, and milestone bonuses.
Your Monthly Spend
₹50,000/moE-Commerce & Online
Daily Essentials
Most cards earn ₹0 rewards on fuel (surcharge waiver only).
Frequently excluded from rewards in India.
Lifestyle, Bills & Other
Almost always earns ₹0 and may carry a fee.
Often excluded or capped.
1SBI Card · fee waived
2American Express · fee waived
Smart verdict
Get the SimplyCLICK SBI Card — it earns you +₹2,252/yr over the American Express Membership Rewards Credit Card, mostly from your fuel spend.
Why the winner can show fewer rewards: recurring rewards are only one part of net value. SimplyCLICK SBI Card is ahead after adding milestone benefits and subtracting the effective annual fee; compare those three lines before choosing a card.
How Your Spends Convert to Rewards
Live calculation breakdown for American Express Membership Rewards Credit Card
| Spend Category | Monthly Spend | Reward Rate | Points Earned | Monthly Value | Annual Value | Status / Caps |
|---|---|---|---|---|---|---|
Fuel | ₹4,000/mo | 0 Pts / ₹100 | 0 pts0 pts/yr | ₹0 | ₹0/yr | Excluded |
Utilities & Bills | ₹4,000/mo | 0 Pts / ₹100 | 0 pts0 pts/yr | ₹0 | ₹0/yr | Excluded |
Insurance | ₹1,500/mo | 0 Pts / ₹100 | 0 pts0 pts/yr | ₹0 | ₹0/yr | Excluded |
Other Online Shopping | ₹6,000/mo | 2 Pts / ₹100 | 120 pts1,440 pts/yr | ₹40 | ₹475/yr | Active Earn |
Amazon Spends | ₹3,500/mo | 2 Pts / ₹100 | 70 pts840 pts/yr | ₹23 | ₹277/yr | Active Earn |
Flipkart Spends | ₹2,000/mo | 2 Pts / ₹100 | 40 pts480 pts/yr | ₹13 | ₹158/yr | Active Earn |
Dining & Food Delivery | ₹5,000/mo | 2 Pts / ₹100 | 100 pts1,200 pts/yr | ₹33 | ₹396/yr | Active Earn |
Groceries | ₹7,000/mo | 2 Pts / ₹100 | 140 pts1,680 pts/yr | ₹46 | ₹554/yr | Active Earn |
Travel (Flights/Hotels) | ₹4,000/mo | 2 Pts / ₹100 | 80 pts960 pts/yr | ₹26 | ₹317/yr | Active Earn |
Rent | ₹10,000/mo | 2 Pts / ₹100 | 200 pts2,400 pts/yr | ₹66 | ₹792/yr | Active Earn |
Other / Offline | ₹3,000/mo | 2 Pts / ₹100 | 60 pts720 pts/yr | ₹20 | ₹238/yr | Active Earn |
Net annual value across spend levels
All ₹ values exclude GST. Perks like lounge access are shown separately and not added into net value. Rewards use your selected redemption mode (cashback / statement credit).
Card features side by side
Use the table for product rules; use the calculator above for value based on your actual spending.
| Feature | American Express Membership Rewards Credit CardAmerican Express | SimplyCLICK SBI CardSBI Card |
|---|---|---|
| Joining fee | ₹1,000 | ₹499 |
| Annual fee | ₹4,500/yr | ₹499/yr |
| Fee waiver | Spend ₹1,50,000/yr | Spend ₹1,00,000/yr |
| Base reward | 2 pts / ₹100 | 1 pts / ₹100 |
| Top reward categories | Base rate only | 5x online |
| Redemption friction | Moderate | Moderate |
| Point expiry | 36 months | 24 months |
| Lounge access | None | None |
| Forex markup | 3.5% | 3.5% |
| Fuel surcharge | None | 1% waiver, up to ₹100/mo |
| Min income · salaried | ₹4.5L/yr | Not stated |
| Min income · self-employed | ₹6.0L/yr | Not stated |
| Eligibility (as stated) | Rs.4.5L salaried / Rs.6L self-employed | Not stated |
| Recent devaluations |
| None recorded |
| Verified against |
Verdict at a Glance
Choose American Express Membership Rewards Credit Card if your monthly spending is focused on general categories.
Choose SimplyCLICK SBI Card if you spend heavily on online.
American Express Membership Rewards Credit Card vs SimplyCLICK SBI Card Spend Tier Breakdown
Simulated net annual returns across typical Indian monthly spending profiles.
SimplyCLICK SBI Card
At ₹25,000/month, SimplyCLICK SBI Card nets ₹5,275/yr vs American Express Membership Rewards Credit Card at ₹2,544/yr — a ₹2,731 edge.
SimplyCLICK SBI Card
At ₹50,000/month, SimplyCLICK SBI Card nets ₹6,460/yr vs American Express Membership Rewards Credit Card at ₹4,208/yr — a ₹2,252 edge.
SimplyCLICK SBI Card
At ₹1,00,000/month, SimplyCLICK SBI Card nets ₹8,860/yr vs American Express Membership Rewards Credit Card at ₹7,653/yr — a ₹1,207 edge.
* Spend tier verdicts use standard category splits (cashback redemption mode). Actual net value depends on your specific spending categories.
Frequently Asked Questions
Which is better, American Express Membership Rewards Credit Card or SimplyCLICK SBI Card?▼
At a typical ₹50,000/month spend (cashback redemption), SimplyCLICK SBI Card comes out ahead by about ₹2,252 per year, driven mostly by fuel spend. Your own split can change the answer — use the calculator above to plug in your numbers.
Which card is better for online shopping, American Express Membership Rewards Credit Card or SimplyCLICK SBI Card?▼
American Express Membership Rewards Credit Card earns 2 pts/₹100 as a base, while SimplyCLICK SBI Card earns 1 pts/₹100. Check the accelerated online/Amazon/Flipkart rates and monthly caps in the table above, since caps often decide the winner for heavy online spenders.
What are the annual fees for American Express Membership Rewards Credit Card and SimplyCLICK SBI Card?▼
American Express Membership Rewards Credit Card: ₹4,500 + GST per year, waived on ₹1,50,000 annual spend. SimplyCLICK SBI Card: ₹499 + GST per year, waived on ₹1,00,000 annual spend.
Do American Express Membership Rewards Credit Card and SimplyCLICK SBI Card earn rewards on rent, fuel and utilities?▼
Like most Indian cards, several everyday categories are excluded. American Express Membership Rewards Credit Card excludes fuel, insurance, utilities; SimplyCLICK SBI Card excludes fuel, rent. The calculator shows these as ₹0 earners so your net value stays honest.
Is American Express Membership Rewards Credit Card ever the better pick over SimplyCLICK SBI Card?▼
Within a normal spend range at ₹50,000/month, SimplyCLICK SBI Card stays ahead. American Express Membership Rewards Credit Card can still win on specific perks (lounge, forex, redemption ease) that aren't counted in the net-value maths.