Salary Needed for Amex Platinum Credit Card If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.
Yes, it is hard to get the American Express Platinum card because applicants need a 700+ credit score and a high income to qualify for approval. But if you have at least good credit and make a lot of money, you have a decent shot at getting approved.
The Platinum Card® from American Express requires good to excellent credit to qualify. This is typically defined as a credit score of 690 or better.
Yes, credit cards do check your income when you apply. Credit card issuers are required by law to consider your ability to repay debt prior to extending a new line of credit. So, listing your annual income is a requirement on every credit card application.
American Express does not disclose a specific income requirement, but it must be enough to make payments on the card and to afford the $250 annual fee. Amex doesn't openly state any other Amex Gold card requirements, but there are plenty of other factors that Amex considers during the approval process.
To apply for The Platinum Card® from American Express, you need to have a good or excellent credit score. This means you need a credit score of at least 700. The average applicant has a score of 715. Although, some applicants have been approved with a credit score as low as 643.
Both Amex Gold and Platinum offer a range of benefits, with the Gold card catering more to everyday spending and the Platinum card designed more for travelers. The Platinum card has more benefits, but it's annual $695 fee is higher than the Gold card's $250 fee.
How much do you have to make to get Amex's black card? There aren't any income requirements per se, but you most likely need to be a high spender on your Amex cards. If you're in the ballpark of $250,000 to $500,000 in annual spending across all your open Amex cards, you may qualify for the Centurion card.
You must pay in full, by the Payment Due Date, all charges that are not added to a Pay Over Time, Cash Advance, or Plan balance. We will begin charging interest on cash advances on the transaction date.
Centurion® Card from American Express
Why It's One of the Most Exclusive Credit Cards: The most exclusive, prestigious credit card is without a doubt the American Express Centurion Card, otherwise known as the Amex Black Card.
American Express generally requires a good to excellent credit score to qualify for The Platinum Card® from American Express. Terms apply. You'll want to have at least a 690 credit score before applying for the card. So, you may need to work on building your credit score before applying for the card.
Yes, the American Express Platinum card is made out of metal. The American Express Platinum card is made of stainless steel and weighs 18.5 grams, compared to a traditional card made of plastic, which only weighs 5 grams.
Annual income of $100,000 or more. Aged 18 years or over. Australian citizen, permanent resident or holding long term visa (long term means 12 months or over and does not include a student visa).
American Express (Amex) does not require proof of income when you apply for a credit card. However, Amex may conduct a soft inquiry into your credit report to check your creditworthiness. This means they will look at your credit score and other information, but they don't require actual proof of your income.
Credit card issuers are more interested in your income than your job. They also look at your credit history, credit scores and existing debt. You can meet the income requirement even without a job by including on your application any income you have access to. Even if your income comes up short, rest easy.
The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.
Key Takeaways: There are around 20,000 Black cardholders in the U.S. This is a no-limit credit card. Cardholders are excepted on an 'invitation-only basis.
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. Black cards are a status symbol that are typically invite-only and reserved for big spenders who can afford to pay initiation fees and annual fees totaling thousands of dollars.
The American Express Platinum Card, known for its prestigious benefits and sleek appearance, is a card worth bragging about. Between the numerous travel benefits, reputable concierge service and consumer protections, the card is worth considering if you can stomach the steep annual fee.
Not only do you get access to Priority Pass lounges that many other premium credit cards offer, but you also get access to swanky Amex Centurion Lounges, International Centurion Lounges, Escape Lounges – The Centurion Studio Partner, Plaza Premium Lounges, Airspace Lounge, select Virgin Clubhouses, select Lufthansa ...
100,000 American Express points are worth about $670 per our valuations, depending on which American Express credit card you have and what you spend the points on. You will get the best value for your American Express points when you redeem them for Travel, but there are multiple redemption options.
The American Express Platinum card minimum spending requirement is in line with those on other American Express cards that offer high initial bonuses. For instance, to earn the The Business Platinum Card® from American Express's 120,000 points bonus, you will need to spend $15,000 within 3 months.
In most cases, an online application will take about 10 minutes to complete and will generate a decision in as little as 30 seconds. If the application requires additional review, a decision may take up to 15 business days.
80,000 American Express points are worth about $536, depending on which American Express credit card you have and what you spend the points on. You will get the best value for your American Express points when you redeem them for Travel, but there are multiple redemption options.