American Express SmartEarn Credit Card
Rs 495Annual fee
Rs 40,000Fee waiver spend
0Domestic lounge
3.5%Forex markup
Best for
online, entry level, shopping, amazon, zomato
Top rewards
partner merchants: 10 Membership Rewards Points / Rs 50 spent on select 10X merchants; amazon: 5 Membership Rewards Points / Rs 50 spent on Amazon; retail: 1 Membership Rewards Point / Rs 50 spent on other eligible spends
Kotak 811 Credit Card
Rs 500Annual fee
Rs 50,000Fee waiver spend
0Domestic lounge
3.5%Forex markup
Best for
online, entry level, milestone cashback
Top rewards
Online spends: 2 Reward Points / ₹100 spent online; Utility spends: 1 Reward Point / ₹100 spent on utilities; Other eligible offline spends: 1 Reward Point / ₹100 spent offline
| Feature | American Express SmartEarn Credit Card | Kotak 811 Credit Card |
|---|---|---|
| Issuer | American Express | Kotak Mahindra Bank |
| Network | American Express | Visa |
| Joining fee | Rs 495 | Rs 500 |
| Annual fee | Rs 495 | Rs 500 |
| Fee waiver spend | Rs 40,000 | Rs 50,000 |
| Reward type | membership rewards | Kotak Reward Points |
| Best for | online, entry level, shopping, amazon, zomato | online, entry level, milestone cashback |
| Top reward categories | partner merchants: 10 Membership Rewards Points / Rs 50 spent on select 10X merchants; amazon: 5 Membership Rewards Points / Rs 50 spent on Amazon; retail: 1 Membership Rewards Point / Rs 50 spent on other eligible spends | Online spends: 2 Reward Points / ₹100 spent online; Utility spends: 1 Reward Point / ₹100 spent on utilities; Other eligible offline spends: 1 Reward Point / ₹100 spent offline |
| SmartBuy / accelerated caps | Not listed | Not listed |
| Domestic lounge | 0 | 0 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | Vouchers worth Rs 500 each on reaching spends of Rs 1.20 lakh, Rs 1.80 lakh, and Rs 2.40 lakh in a cardmembership year | Not listed |
| Redemption | Air miles: upto Rs 0.6 per point; Statement credit: upto Rs 0.25 per point | Statement credit: upto Rs 0.07 per point |
| Key exclusions | fuel, insurance, utilities, cash transactions, EMI conversion at point of sale, balance transfers | Education spends, E-wallet loading transactions, Fuel spends, Rent payments, Government spends, Insurance spends |