Is Amex Platinum an elite 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 statement credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.

Is American Express Platinum Elite?

Amex Platinum Quick Facts

Elite status with Hertz, Avis and National Car Rental with enrollment. Elite airport lounge access with multiple lounge programs. Uber Cash totaling $200 in up to $15 per month increments (up to a total of $35 bonus in December) each year when you link your eligible card to your Uber account.

Is American Express Platinum a prestigious card?

The Amex Platinum is one of the most prestigious travel credit cards you can own. Trying for an American Express credit card lets you establish a relationship with Amex. Plus, it can make it easier to add the Amex Platinum Card to your wallet in the near future.

What level is Amex Platinum?

American Express Platinum Card

The Platinum Card is the next step up from the Gold Card and comes with many luxury benefits. Qualifying for this card requires a very high credit score—and a lengthy credit history.

What kind of card is Amex Platinum?

The Amex Platinum is a premium credit card that offers a welcome bonus, luxury perks, and other value-added services. Cardholders benefit from Uber credits, airfare discounts, bonus points, cashback and much more. Unlike typical credit cards, this card allows you to carry a balance for certain charges, but not all.

The AMEX PLATINUM Card Isn't What You Think It Is

Is Amex Platinum difficult to get?

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 good or excellent credit and make a lot of money, you have a good shot.

What's the highest level Amex card?

The highest level American Express card is the Centurion card, which is also known as the 'black card.

Why is American Express Platinum special?

The American Express^® Platinum Card

American Express Platinum benefits include VIP privileges and travel perks such as a $450 Travel Credit each year², airport lounge access³ and concierge services.

What is the hardest Amex 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.

Is Amex Platinum no limit?

Does American Express Platinum have a credit limit? No, the American Express Platinum card doesn't have any preset spending limit. That does not give cardholders unlimited purchasing power, though. It means American Express won't give you a specific credit limit once you're approved for the card.

Which Amex card is most exclusive?

Is Amex Platinum better than gold?

The Platinum card is great for people who love to travel. There are obviously many more perks that come with the Platinum card than with the Gold, especially when you consider the higher annual fee. Rewards can be used for merchandise, gift cards, dining, shopping, entertainment, or for use at the Amex travel website.

Is there a card higher than platinum?

The providers that offer a Titanium credit card often offer them as a step above the Platinum credit cards. You have to fulfill strict criteria to be eligible for holding these cards.

Is Amex Platinum a status symbol?

The Platinum Card® from American Express (Terms apply. See rates and fees) was originally launched in 1984 with an annual fee of $250—unprecedented at the time. Since then, it has become one of the most popular and sought-after travel rewards cards, as well as a status symbol.

What credit card is better than American Express Platinum?

This next pick is the most obvious one. The Chase Sapphire Reserve always goes head-to-head with the Amex Platinum, and Chase even raised the card's annual fee to $550 in 2020. Now that the Amex Platinum has a $695 annual fee (see rates and fees), it makes the Sapphire Reserve the more affordable option.

What credit cards do billionaires use?

The credit card billionaires are most likely to use is the Centurion® Card from American Express, also known as the Amex Black Card, which has unique benefits and is reserved for high-net-worth individuals. Some of the rich and famous people rumored to have the card include Jerry Seinfeld and Halle Berry.

Why is the Amex Black Card so special?

The privileges of a black card include upgrades and special permissions for rental cars and access to some of the most breathtaking hotel suites in hard-to-reach destinations. Black cards also offer dedicated concierge services, and some are even rumored to provide charter jet service.

Is Amex Platinum really metal?

The Platinum Card^® from American Express is made from a combination of materials that includes stainless steel metal and has a heavier weight than the American Express^® Gold Card, according to a company spokesperson.

Can you buy a car with American Express Platinum?

Purchasing a Car With Your AMEX Platinum Card Is an Easy Way to Meet the Minimum Spending Requirement and Earn a Big Bonus! The $20,000 minimum spending requirement on the AMEX Business Platinum card is a lot for most folks to spend in 3 months, which is one reason why buying a car with this card makes sense!

How much do you need to spend to make Amex Platinum worth it?

If you've decided that the card is worth its annual fee, here's the official application link: The Platinum Card® from American Express with 80,000 Membership Rewards Points after you spend $6,000 on purchases within the first six months of card membership.

How do I get invited to Amex Black?

Make at Least $250,000 in Purchases on Your Amex Cards

Although Amex doesn't publish a spending threshold to get invited, a solid rule of thumb is that you need to make at least $250,000 in annual purchases across all of your Amex cards.

Is there a minimum salary for Amex Platinum?

The Platinum Card® is one of the few premium cards that does not technically have a minimum income requirement. However, given its hefty annual fee of $699, we're classifying it as a high-income card.

Which card is better black or platinum?

The Platinum Card® from American Express is the winner over the Mastercard® Black Card. The American Express Platinum card provides frequent travelers with far better features and much more value overall, despite its higher annual fee.

What happens if you don t pay Amex platinum in full?

If you don't pay Amex Platinum in full, you will be charged interest on any purchases added to a Pay Over Time balance. With Pay Over Time, you can add eligible charges to a Pay Over Time balance, up to a limit.

Which card is better titanium or platinum?

Fees and Interest Rates

Both titanium and platinum cards tend to have lower rates of interest. Titanium credit cards generally come with additional benefits that include no late payment fees and no transaction charges. While such offers are not usually found on platinum credit cards.