Quick Answer: Is It Hard To Get The Amex Platinum?

What credit score do you need for Amex Platinum?

700 or higherThe American Express Platinum card credit score requirement is 700 or higher.

This means applicants need a good credit score or better to be approved for the American Express Platinum card in most cases..

How do you qualify for a platinum American Express card?

What does your credit score need to be for the Amex Platinum card? While there is no set score needed, we recommend you have a credit score of at least 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.

What credit card do billionaires use?

1. American Express Centurion Card. The American Express Centurion Card is the most exclusive credit card in the world and commonly known as the “Amex Black Card.” Launched in 1999, American Express has kept it in a shroud of uncertainty, giving it a very high level of status in the minds of consumers.

Who qualifies for a black card?

In addition to being a high earner and meeting large spending requirements, you’ll need top credit scores to get a black card. A credit score between 800 and 850 is considered exceptional.

What happens if I don’t pay my Amex Platinum in full?

If you still pay off your balance in full at the end of the billing period, the card continues to function as it always has, with no interest applied. You’ll also continue to earn rewards on all purchases, regardless of whether you use Pay Over Time. Interest charges accrue when you don’t pay the bill off in full.

What is the average credit limit on American Express Platinum?

You’ll get at least a $5,000 credit limit with this card, and some people report a high limit of $100,000. This card requires good credit and the annual fee is $95.

What is higher than a black card?

The Mastercard® Gold Card™ is the highest-end card offered by Luxury Card, which offers three metal rewards cards. The other two are the Mastercard® Black Card™ (Review) and the Mastercard® Titanium Card™ (Review).

Who has a black card in Korea?

Hyundai Card’s “The Black,” Samsung Card’s “Raume O,” Hana Card’s “Club 1,” and KB Kookmin Card’s “Tantum are 4 of the most expensive credit cards available in South Korea. Both Taeyang and G-Dragon are two of the richest idols in the industry, with their popularity spanning across the world.

What is the highest credit limit for American Express?

What is the highest limit you can apply for? Our Platinum Credit Cards can have a maximum credit limit of up to $50,000. All other Credit Cards have maximum limits of up to $25,000.

What is the hardest credit card to get?

American Express Centurion CardCenturion® Card from American Express Why it’s one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.

Is Amex Platinum prestigious?

The Amex Platinum is one of the most prestigious travel credit cards you can own. The Amex Platinum metal credit card is not only thick, but it comes with tremendous travel benefits and a nice welcome bonus. … Several of the best no annual fee travel credit cards are offered by American Express.

Is American Express for rich?

No. American Express is not specifically for rich people, though applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards. … The rumor that American Express cards are for rich people might come from the fact that one card––the Centurion “Black” Amex––is, in fact, for rich people.

Does AMEX increase credit limit automatically?

Will Amex automatically increase credit limits? Yes, Amex, like some other issuers, will automatically increase credit limits from time to time. If you regularly use a lot of your credit limit and then pay off that balance, you might be increasing your odds of getting an auto credit limit increase.

Should I get Amex gold or platinum?

Platinum. When you compare the American Express® Gold Card and The Platinum Card® from American Express, the American Express Platinum card is the winner. While it’s a more expensive choice, the American Express Platinum card provides frequent travelers with a lot more value.

How much is 100000 Amex points worth?

There’s no doubt that the welcome bonus of 100,000 Membership Rewards points from The Platinum Card® from American Express is a huge deal. 100,000 points are worth $2,200 per our valuations, and you can use them in a variety of different ways.

Do you need a good credit score for an Amex Platinum?

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.

What is the most elite credit card?

American Express Centurion CardThe most exclusive credit card is the American Express Centurion Card, also known as the Amex Black Card. It is reportedly reserved for people who spend at least $100,000 per year, and an application is needed to apply.

What FICO score does American Express use?

What credit score does American Express MyCredit Guide provided? The score provided by American Express MyCredit Guide is the VantageScore® 3.0 credit score by TransUnion®.

Does Amex Platinum build credit?

Because these cards don’t have a preset limit, they will not impact your credit utilization rate (how much of your credit limit you use). But the card will still impact your credit score in other ways—including whether you pay your bill on time. This can be good news if you use a charge card for a large purchase.

How do I get an Amex Platinum 100k offer?

There are 3 main ways to find your Amex Platinum 100k to 125k welcome bonus:Increased Public Offer – Easiest Way.Use the CardMatch Tool – there’s no credit pull to check to see if you have a 100,000 – 125,000 bonus offer.Get a targeted mailing.

How do I get my Amex Platinum fee waived?

The easiest way to get the fee waived is to call the number on the back of your card and request it. The fee will be waived for every year you remain on active duty. You get a number of shopping and travel benefits, including annual airline fee credits and monthly Uber credits.

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