Is American Express free for military members?

Is American Express Platinum free for military? Yes! The Amex Platinum card for US military servicemembers AND their spouses has NO annual fee. The normal $695 annual fee is waived under Amex's interpretation of the Servicemembers Civil Relief Act (SCRA) and Military Lending Act (MLA) laws.

How do I get a free American Express card for military?

Applying to receive SCRA benefits, which includes the waiver of the annual fee on your Amex Platinum card, is simple. Just log into your Amex Platinum card account online and select Account Services at the top of the page. Then select Credit Management and choose SCRA Benefits.

Does American Express charge an annual fee for military?

Due to military financial protections, American Express waives the annual fee on many credit cards for active members of the military. That includes Amex's premier card, The Platinum Card® from American Express, which charges a $695 annual fee.

What American Express card is best for military?

Is American Express free for retired military?

Amex does not waive credit card annual fees for veterans. If your AMEX Platinum card or other AMEX account was covered under military SCRA or MLA rules, your fee as a veteran should be continued to be waived for a few years after you leave active duty service.

Does American Express Waive Annual Fees For Military? - Amex Military Fee Policy with SCRA and MLA

How do I get my Amex annual fee waived?

Apply for the Amex financial relief program: If you're having difficulty paying your annual fee due to unforeseen financial difficulty, apply for the financial relief program online or call Amex at (866) 703-4169. You could potentially have your annual fee waived.

Does Amex give military discount?

If you're an active-duty servicemember, you can get the annual fee waived for all American Express cards. That means you can get the $695 annual fee waived for The Platinum Card® from American Express . Read Insider's guide to the best rewards credit cards.

Is Amex Platinum worth it for military?

This card comes with airport lounge access, free travel credits, automatic elite status at popular hotels and much more, with the annual fee waived. This is why the American Express Platinum Card is the best card for military members. You can read our Amex Platinum review for even more details.

How do I get my Amex Platinum fee waived?

Here's how to get the American Express Platinum card annual fee waived: Call the retention line: You can ask Amex to waive the annual fee by calling (800) 452-3945.

What is the hardest Amex card to get?

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.

How do I get my American Express Gold fee waived military?

How to Get Amex Gold Card Military Fee Waiver. US military servicemembers and spouses can usually get their $250 annual fee waived on the Amex Gold Card without even calling in. If you open the card while you or your spouse is on active duty, your fees will be waived under Amex Military Lending Act or MLA policy.

Does military get annual fee waived?

Yes, thanks to the Military Lending Act (MLA) and Servicemember's Civil Relief Act (SCRA) laws, American Express (Amex) waives the annual fees on all personal Amex cards for active duty, Guard or Reserve on 30+ day active duty orders, and military spouses.

Why is AMEX annual fee so high?

The main reason why Amex cards are so expensive is that many American Express credit cards offer generous rewards rates and high-end perks, which warrant steep annual fees. Amex cards are targeted toward people with good credit and high incomes who are likely to charge large amounts to their cards every month.

What can I get for free in the military?

What is the minimum income to get an American Express card?

While there is no set score needed, we recommend you have a credit score of at least 670, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.

Can you get Amex platinum with no income?

But an income is a must in order to get this card. And you need to demonstrate the ability to pay the card's $695 annual fee and the entire balance in full, when applicable. Having said that, it is also worth noting that you need at least good credit for approval.

How do you get 150k offer on Amex Platinum?

Is Amex Platinum difficult to get?

Credit Score Needed for American Express Platinum

The credit score needed for the American Express Platinum is generally above 700. According to Credit Karma, the average score is 715. Although, several applicants with credit scores in the 600s have also been approved, even as low as 643.

Is Amex gold or platinum higher?

Amex Platinum ultimately offers more value, though. For example, its benefits include airport lounge access, while the Amex Gold Card's perks do not. When it comes to ongoing rewards on purchases, Amex Platinum has a higher maximum earning rate and better travel rewards.

Is Amex Platinum for millionaires?

The Platinum Card® from American Express is another exclusive credit card that millionaires tend to prefer. Also, this card isn't invitation-only.

Does American Express waive annual fees for military spouses?

Terms apply; see the online credit card application for full terms and conditions of offers and rewards.

What happens if you don't pay Amex off every month?

For each following Closing Date that an amount past due remains unpaid, we may charge a fee of the greater of $38 or 2.99% of any past due Pay In Full amounts. Your late fee will not exceed the Amount Due or any limit established by applicable law. Paying late may also result in a penalty APR.

How many credit cards should you own?

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

Are Amex cards for the rich?

No,. American Express is not specifically for rich people, even though it does have a high level of status in many people's minds. Applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards, and you don't need to be rich to have a good credit score.

What is the downside of American Express?

The primary drawback of American Express cards is the fact that they charge companies for the payments that they process. This is because they have their own payment network and don't rely on companies like Visa and Mastercard. This means that some businesses, especially smaller ones, may not accept American Express.