Amex tightens MRCC's monthly bonus and devalues Gold Collection
MRCC's 1,000-point monthly bonus now needs ₹10,000 in spend to trigger, MR points on inactive accounts expire after three years, and Gold Collection voucher ratios get worse.
Same effective date as Amex’s fuel-earning cut, but a separate hit — and for MRCC holders, the one that hurts. The card’s monthly 1,000 bonus MR points, which previously landed with no spend trigger at all, now require ₹10,000 in monthly spend to unlock.
Worse for the hoarders: unused MR points on inactive accounts now start expiring after three years. This from a card whose pitch was built on no-expiry points. That promise is gone.
The Gold Collection redemption menu got repriced too. A ₹6,000 Amazon/Flipkart voucher now costs 18,000 points; ₹8,000 costs 24,000 — both worse ratios than before. The vouchers that anchored MRCC’s value maths just got structurally more expensive.
Our take: MRCC’s entire appeal was free monthly points plus decent voucher exits. Amex just put a spend gate on the first and a tax on the second. If you were holding MRCC as a low-effort points drip, the effort is no longer low — ₹10,000 a month, every month, or the drip stops.