Is Amex Platinum still prestigious?

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.

Is the Amex Platinum hard 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.

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.

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 is the most prestigious American Express card to have?

Is the AMEX Platinum Really Worth the $695 Annual Fee?

What card is higher than Amex Platinum?

The Black Card is a high-end, exclusive charge card issued by American Express. Platinum Card holders must meet certain criteria to be extended an invitation. The American Express Black Card comes in personal and business variants.

What card 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.

How much income do you need for Amex Platinum?

Person Income/Business Income

We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum.

Why is Amex Platinum so popular?

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.

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 Amex platinum a heavy card?

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.

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 card does Bill Gates have?

Warren Buffett and Bill Gates Have This Iconic McDonald's McGold Card — Here's How To Win One & Free Food For Life. Dreams — made of hamburgers and McRibs — really do come true, and now (just like Bill Gates, Warren Buffett and Rob Lowe) you too can have the very elusive, quasi-mythical McGold card.

Is Amex 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 credit card does Beyonce have?

Other rich and famous people known to use an American Express Business Centurion Card include: Beyonce.

What credit card does Obama have?

Background Intel: President Obama's credit card of choice is the JP Morgan Select Card. He was photographed with the card at a Texas barbeque restaurant, where he also reportedly cut the line – earning the disapproval of many on social media.

What is the Kardashian card?

Kardashian Kard is a pre-paid card launched by Dash Dolls, LLC, the Kardashian corporation. The card featured a photo of the Kardashian sisters; Kim, Kourtney, and Khloé. As of November, it is off the market amid controversy.

What is the credit card limit for billionaires?

The American Express Centurion Card is the most exclusive card in the world that has a limit of 10 crores.

Can you downgrade Amex Platinum to free card?

You can downgrade the American Express Platinum card by calling customer service at (800) 528-4800. As an American Express Platinum cardholder, you can only downgrade to the American Express® Gold Card or the American Express® Green Card.

What credit score is needed for Platinum Amex?

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.

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.

Why is my Amex Platinum not metal?

Amex has confirmed with TPG that the new contactless metal cards (except the Centurion card) are not completely metal, and feature a plastic backside. That means the Amex Platinum, The Business Platinum Card® from American Express and the American Express® Gold Card will no longer be as clunky and heavy as before.

Is it worth upgrading to Amex Platinum?

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. But Amex Gold provides more everyday value.

Does it make sense to have Amex Gold and Platinum?

Does it make sense to have the Amex Gold and Platinum? Having both the Amex Gold and Amex Platinum can make sense if you use both cards enough to offset the annual fees. You can use the American Express® Gold Card for its dining credits and 4x purchase rewards on dining and supermarket purchases.

What is the limit on Amex Black Card?

There's no credit limit

The American Express Black Card doesn't have a pre-set spending limit, so cardholders can spend as much as they want every month. But that's only the case if they can afford it. The Centurion® Card from American Express is a charge card, so cardholders can't carry a balance.