Amex Reward Multiplier portal is a great way boost the reward earn rate on Amex cards. When you shop on brands available on Reward Multiplier, you earn reward points at an accelerated rate and in turn get better return rate on the card.

Let’s look at how reward multiplier works and how useful it is to boost the reward rate.

1. What is Reward Multiplier?
2. What can I purchase from Reward Multiplier?
   1. Brands
   2. E-vouchers
3. Reward Multiplier Offers
4. Restrictions on Reward Multiplier
5. How to use Reward Multiplier?
6. How to make the most of Reward Multiplier?
7. Bottomline

What is Reward Multiplier?

Reward Multiplier, as the name suggests, is a way to accelerate (or multiply) the rewards earn rate. When you shop through Reward Multiplier, you earn bonus MR points as per the multiplier for that card on top of base MR points. Higher the card in the hierarchy, higher the multiplier would be for that card.

Card	Base MR Points Earn Rate	Bonus MR Points Earn Rate	Multiplier	Total MR Points Earn Rate
Amex Platinum, Amex Platinum Corporate	1 Point for every Rs. 40 Spent	4 Points for every Rs. 40 Spent	5X	5 Points for every Rs. 40 Spent
Amex Gold Card	1 Point for every Rs. 50 Spent	4 Points for every Rs. 50 Spent	5X	5 Points for every Rs. 50 Spent
Amex Platinum Reserve, Amex Platinum Travel, Amex Gold Corporate	1 Point for every Rs. 50 Spent	2 Points for every Rs. 50 Spent	3X	3 Points for every Rs. 50 Spent
Amex SmartEarn, Amex Green Corporate, Amex Membership Rewards	1 Point for every Rs. 50 Spent	1 Point for every Rs. 50 Spent	2X	2 Points for every Rs. 50 Spent

Base MR points are credited after the transaction gets posted to the account statement and the fulfilment for Bonus MR points happens within 120 business days from the date of transaction.

In some cases the fulfilment of bonus points happens just after transaction getting posted specially when you purchase an e-voucher on reward multiplier OR within 45 days in case of Hotel or Airline merchant.

What can I purchase from Reward Multiplier?

There are several brands & marketplaces part of Reward Multiplier where you can shop and you even have the option to buy e-vouchers.

Brands

Below is the complete list of brands that you can shop through Reward Multiplier and get bonus reward points. Although the brands part of this list won’t disappear overnight but Amex might update the list over a certain period of time and add or remove some brands. Earlier Amazon was also available when Reward Multiplier program started but later it got removed.

Category	Brands
Marketplace	Ajio, Flipkart, Nykaa, Myntra, Nykaa Fashion, Tata Cliq
Travel	MakeMyTrip, Etihad Airways
Electronics	Apple, Croma, Dyson, Oneplus, HP, lenovo, Acer, Portronics, Norton, Boat, Onsitego
Jewellery	Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, Fiona Diamonds, Giva
Fashion	Koskii, Uniqlo, Marks & Spencer, Crocs, Levi’s, Firstcry, Aldo, Vero Moda, Fab India, The Label Life, Only, Urbanic, Gas
Beauty	Forest Essentials, Kama Ayurveda, Bath & Body Works, Mamaearth, Bombay Shaving Company, Juicy Chemistry, Lakme Salon, mCaffeine, Plum
Others	Skillshare, Udemy, Cadbury, Seniority, Fastrack, Titan, Fossil, Rage Coffee, Sleepy owl, igp.com, Ferns n Petals, Daily Objects, Pepperfry, Heads Up For Tails, Assembly,

E-vouchers

There are more than 150 brand e-vouchers are available on Reward Multiplier with some main brands listed below. You can search vouchers based on category or discounts on the portal.

Most of the e-vouchers have pre-set discounts ranging from 1% to 25% applied on them. The vouchers availability & the discounts keep changing over the time so you should check in advance if you plan to purchase any voucher for an upcoming expense.

1. Marketplaces Amazon, Flipkart, Myntra, Nykaa, TATA CLiQ
2. Travel Cleartrip, MakeMyTrip, Yatra, OLA CABS, UBER
3. Retail Lifestyle, Bata, Shoppers Stop, Pantaloons, Decathlon, Titan
4. Food Swiggy Money Voucher, Zomato Gift Card
5. Hotel Taj Experiences, ITC Hotels
6. Electronics Croma
7. Entertainment PVR

Reward Multiplier Offers

From time to time, Amex sends offer communication for Reward Multiplier through which you can get additional vouchers on top of bonus MR points on top of base MR points which is like adding N2O to a Bugatti Chiron :).

Offer fulfillment is usually done within 120 days from offer end date which is not ideal but one good thing is that you get to choose the brand whose e-voucher you want. I always go for either Amazon or Flipkart but there are plenty of options that you can choose from like –

• Marketplace: Flipkart, Tata Cliq, Myntra, Amazon, Nykaa
• Fashion: Armani Exchange, Biba, Gas, Hamleys, Michael Kors, Mothercare, Only, Skechers, Satya Paul, Steve Madden, Superdry, United Colors of Benetton, Vero Moda, W for Women, Hush Puppies
• Beauty: The Body Shop, Kama Ayurveda, Kiehls
• Dining: Baskin Robbins, Costa Coffee, Mainland China, Pizza Hut, Barbeque Nation, Zomato

Restrictions on Reward Multiplier

Just like any other credit card program or campaigns, there are some exclusions and restrictions in Reward Multiplier too as part of their Fair usage policy.

• You can earn max. 25000 Bonus MR points per month from Reward Multiplier.
• Taxes, delivery charges, insurance fees, conversion fees, customs fee or any other fees paid is not counted for calculation of Bonus MR Points
• You should not open any other coupon or price comparison sites in the same browser after being redirected from Reward Multiplier to the merchant’s website/platform.
• Purchase of mobile phones (including iPhones), Flight Bookings, Gift Cards, Bill Payments, Utilities & Insurance Premium on marketplaces is not eligible for bonus MR points.
• Apple – You will only get bonus MR points for upto 2 iPhones purchased on Apple site using Reward Multiplier within a span of 30 days. If you want to purchase more than 2, then wait for 30 days to pass from the date of purchase of 1st iPhone.
• MMT – Bonus MR points are applicable only on international and domestic flight and hotel bookings.

How to use Reward Multiplier?

For making a purchase on the brands, follow below steps:

1. Make sure your shopping cart is empty on the merchant site
2. Clear browsers cookies/cache before logging, enable cookies and don’t use incognito mode
3. Visit this link and select a merchant and click on “Shop Now”. No account login is required.
4. Provide the credit card number that you want to use and click submit.
5. You will get redirected to merchant site to add items to the cart.
6. Proceed to checkout with the same Amex card provided in Step 4.

For purchasing an e-voucher, follow below steps:

1. Visit this link
2. Add the e-vouchers to your cart and proceed to checkout
3. Pay using Amex card to get e-voucher on your registered email
4. Base + Bonus MR points will be credited to your account within 5 days

How to make the most of Reward Multiplier?

Usually for small purchases on merchant sites, I find it cumbersome to use Reward Multiplier as it involves additional steps and fulfillment takes a lot of time too. But if you have an Amex card for which 3X or 5X multiplier is applicable then for any big purchases, it would be really beneficial to use Reward Multiplier.

Also, if there is any Amex card offer on merchant site then you can essentially triple dip by using Reward Multiplier as you would get base MR points + bonus MR points + Amex card offer.

If you hold MRCC or Gold charge card you can buy e-vouchers of Amazon or Flipkart or any other brand you want to reach the spend target of Rs. 6000 for monthly bonus. This way you get base MR points + bonus MR points + 1000 Monthly bonus points which helps to reach 18000 or 24000 points faster for Gold collection redemption.

Let’s look at the impact on reward rate with and w/o reward multiplier for all Amex cards. Note that the calculation is done only on the base reward rate and I have not considered accelerated reward rate categories or milestones applicable to individual cards to keep things simple.

Card	Points Earn Rate w/o Reward Multiplier	Reward Rate	Points Earn Rate with Reward Multiplier	Reward Rate
Amex Platinum, Amex Platinum Corporate	1 Point for every Rs. 40 Spent	1.25%	5 Points for every Rs. 40 Spent	6.25%
Amex Gold Card	1 Point for every Rs. 50 Spent	1%	5 Points for every Rs. 50 Spent	5%
Amex Platinum Reserve, Amex Platinum Travel, Amex Gold Corporate	1 Point for every Rs. 50 Spent	1%	3 Points for every Rs. 50 Spent	3%
Amex SmartEarn, Amex Green Corporate, Amex Membership Rewards	1 Point for every Rs. 50 Spent	1%	2 Point for every Rs. 50 Spent	2%

Looking at the numbers above it is obvious that if you hold premium Amex cards, you can boost reward rate significantly and with Amex Platinum & Gold charge cards the reward rate just multiplies by 5!!!

Tip: Purchase Amazon e-vouchers using Amex card to pay Insurance premium or Utility bills or use them for any other spends using Amazon pay option on 3rd party sites/apps

Bottomline

Amex Reward Multiplier is surely a great way to boost the reward rate on your Amex card and if you hold a premium card like Amex Gold or Amex Platinum Travel or a super premium card like Amex Platinum charge card which get 3X or 5X multiplier then the reward rate shoots up really fast.

It is surprising to see that both Amex Platinum charge card & Amex Gold charge card gets 5X points even though Amex Gold is a lower category card.

If you want an Amex card and take advantage of Reward Multiplier then you can opt for Amex Membership Rewards Credit Card which is being issued as Free for 1st year for a limited period OR if you need a card with more features like lounge access & travel benefits then try the Amex Platinum Travel credit card which you can get for free for first year by applying through this link. OR if you want to get 5X MR points you can opt for Amex Gold charge card (Apply now).

There is also Amex Plat charge card which is super-premium credit card and comes with several lifestyle benefits.

Have you used Amex Reward Multiplier recently? Feel free to share your views in the comment section below.