Redeem 12000 Amex reward points for 5,310 credit

By | September 1, 2023

Amex has introduced a new reward redemption option at 12000 MR points for a statement credit of INR 5310. Recently, I was having a word with Amex customer care to adjust my 18,000 MR rewards points for a statement credit of 7,500 on my Amex MRCC credit card (Detailed review here and more about the card here) . It was then the executive informed me that they have introduced another slab at 12000 points. This new option gives statement credit of 5,310. To be sure I got the numbers right, I this time opted for chat feature in the Amex app.  The executive there too confirmed the existence of new slabs and told about the T&Cs.

On doing a quick calculation value of 1 reward point, this new redemption option values 1MR point at 44 paise. The other options (12000 MR points for 7,500 credit and 24,000 MR points for 10,000 credit) for statement credit, values 1MR point at 42 paise. Thus, this new option gives the best value for MR points.

The terms explained were as follows:

  • This redemption option is available only once in a calendar year and gives statement credit of 5310.
  • This is a temporary offer and as of now, there is no end date. However, given that it is a temporary offer, I do not expect it to last very long.

As mentioned above, since this new option of Amex reward redemption for 12000 points is available only once a calendar year; this is the best time to redeem the points. As just in few days, i.e. in January, one will be eligible once again to redeem 12000 points for 5310 statement credit.

12000 Amex Reward Points Redemption

Amex Reward Points Redemption

Amex Reward Points Redemption




In the interest of full disclosure, Credit Cardz may earn a referral bonus for anyone that’s approved through some of the links in this post. However, opinions and views expressed here are of the author's alone and not those of the bank, credit card issuer, or anyone else and have not been reviewed, approved or otherwise endorsed by any of these entities.

Author: CreditCardz

Hi, I am an avid credit card user who loves minting reward points on credit cards. I try to put every possible expense on credit card to earn maximum reward points and want realize my dream to travel the world using just rewards points.

4 thoughts on “Redeem 12000 Amex reward points for 5,310 credit

  1. Prathmesh

    This is a really helpful post.
    I am gonna reach 12000 points next month.

    1. Harshvardhan Agrawal Post author

      Hey Prathmesh,
      Thats my plan too, will reach 12000 points in May. Better to have a duck in hand than two in bush. 😀

    2. Harshvardhan Agrawal Post author

      Hey Prathmesh,

      I had a chat with Amex to redeem my 12000 reward points, bad news!!! The 12000 redemption option is no longer available. The redemption options now are as follows:
      18000 points: 6000 statement credit/ 7000 Amazon voucher or Domestic travel voucher / 9000 Taj voucher
      24000 points: 9000 statement credit/10000 Tanishq voucher/ 14000 Taj voucher.


Leave a Reply