Is it hard to be approved for Amex Platinum card?
What credit score do you need for Amex Platinum
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.
Who usually gets approved for Amex Platinum
Most Amex Platinum cardholders have a credit score of 670 or better, and relatively high income. But your score alone does not fully decide whether or not you will be approved. If you have a strong credit score with a few years of credit history and a decent annual income, you stand a good chance of being approved.
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What income is needed for Amex Platinum
Salary Needed for Amex Platinum Credit Card
There are no published salary requirements in order to qualify for The Platinum Card® from American Express. But, the more you earn, the better. If you make nearly $100,000 a year and have good credit, you should have no issue getting approved.
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Why did I get denied for Amex Platinum
The most common reason you'll be denied an Amex card even with great credit is that you're already at their limit. Specifically, American Express tends to restrict each cardholder to a maximum of four "lending products" (that means revolving credit lines, like credit cards) and up to 10 charge cards.
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Can I get Amex Platinum with 700 credit score
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.
What is the easiest Amex card to get
Which Amex card is the easiest to get The easiest Amex cards to get are ones with a lower minimum spending requirement for rewards, as well as a low annual fee or no annual fee. Examples include the Blue Cash Everyday Card from American Express and the American Express Cash Magnet Card.
Does Amex check income
While American Express probably won't ask to verify your income, it's not a good idea to lie about your income on an application. In fact, providing false information on a credit card application is against federal law. Therefore, you're much better off being honest when applying for an American Express credit card.
Why is Amex Platinum so prestigious
Yes, the American Express Platinum card is considered a prestigious credit card, as it's geared for big spenders who travel often and can take advantage of the card's many benefits. New cardholders earn 80,000 points for spending $6,000 in the first 6 months.
What are the best odds to get the Amex Platinum
It's more important to have a good-to-excellent credit score (670+ FICO score) when you apply. An excellent FICO score of 800 to 850 will give you the best approval odds for the Amex Platinum.
What is the easiest Amex card to get approved for
Which Amex card is the easiest to get The easiest Amex cards to get are ones with a lower minimum spending requirement for rewards, as well as a low annual fee or no annual fee. Examples include the Blue Cash Everyday Card from American Express and the American Express Cash Magnet Card.
What is the hardest Amex card to get
the Centurion® Card from American Express
The hardest Amex card to get is the Centurion® Card from American Express. Also known as the “Black Card,” this Amex card is hard to get because it is available by invitation only, and potential candidates are rumored to need an annual income of at least $1 million.
Does Amex verify income
While American Express probably won't ask to verify your income, it's not a good idea to lie about your income on an application. In fact, providing false information on a credit card application is against federal law. Therefore, you're much better off being honest when applying for an American Express credit card.
What is the minimum income requirement for Amex
Eligibility for American Express Platinum Credit Card
In addition to the annual fee, the American Express Platinum Credit Card has a minimum income requirement of S$80,000 per year or $6,667 monthly. This means you must have a personal or household income of at least this amount to be eligible for the credit card.
Does Amex look at your bank account
They will request tax returns and bank statements. What they're looking for is to make sure the income you reported on the application is true.
Is Amex Platinum a high end card
Make no mistake — the Amex Platinum card is a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and tremendous value in annual card credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.
Is Amex Platinum 100k worth it
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.
Is Amex Platinum for millionaires
Unlike some of the other cards on this list, The Platinum Card® from American Express is an elite card, but it's not invite-only. This accessible card is one of the best credit cards for millionaires.
Can I get an Amex card with a 650 credit score
Although American Express doesn't specify any minimum credit score requirements, you'll need good credit (or better) to qualify, which means a FICO score of at least 670. A premium Amex card — say, the American Express Gold Card — likely requires a “very good” FICO score, somewhere in the range of 740 and above.
What is the richest Amex card
The American Express Centurion Card
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.
What Amex card is higher than platinum
The Black Card has a hefty $10,000 initiation fee, a $5,000 annual fee, and offers many travel perks. The Platinum Card has a $695 annual fee with many travel-related perks, and cardholders can earn points for every dollar spent. Besides Black and Platinum, American Express offers a line of 17 other cards.