Is there a minimum salary for Amex Platinum?

Salary Needed for Amex Platinum Credit Card

If you make near $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.

What salary is needed for Amex Platinum?

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

Does Amex Platinum require proof of income?

Editorial and user-generated content is not provided, reviewed or endorsed by any company. No, there aren't any official American Express Platinum card income requirements.

What are the minimum requirements for an American Express Platinum card?

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.

Can anyone get Amex Platinum?

Its requirements are far more lenient than those of the Centurion® Card from American Express. It is an invitation-only card that reportedly requires you to spend hundreds of thousands of dollars per year on another Amex card and have a 7 figure annual income to qualify.

Does the American Express Platinum Card have a credit limit? Is Amex Platinum credit line unlimited?

Is Amex Platinum high end?

Visit americanexpress.com to learn more. The Platinum Card® from American Express is a high-end card that is packed with benefits and a hefty welcome offer.

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.

Which Amex card is hardest 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 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 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.

Does Amex verify your income?

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. The process typically takes 2-3 weeks, and you're assigned a specialist to talk to.

Can I get an Amex with no income?

Bogdan Roberts, Credit Cards Moderator

The Amex Blue Cash Everyday has no disclosed minimum income requirement. However, as with any credit card, you will need to have sufficient income to afford payments.

Should I tell Amex my income?

The only time that you're required to provide your income is during the credit card application process. Providing accurate income information is part of getting approved for a credit card. From then on, it's up to you. So, it makes sense to only update your income if it's going to be beneficial to you.

What salary do you need for a black Amex?

How much do you have to make to get Amex's black card? There aren't any income requirements per se, but you most likely need to be a high spender on your Amex cards. If you're in the ballpark of $250,000 to $500,000 in annual spending across all your open Amex cards, you may qualify for the Centurion card.

Is Amex platinum worth it after first year?

The Amex Platinum Card is only worth the annual fee if you'll use enough benefits to recoup the fee. You could easily offset the fee with the statement credits alone, but this card also offers the chance to earn boosted rewards on travel purchases, too.

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.

Is Amex Platinum special?

The Amex Platinum card is certainly one of the most prestigious cards that you can sign up for. This metal card comes with a hefty annual fee but is loaded with travel benefits and perks, as well as a huge welcome bonus — valued anywhere between $2,200 to $3,300.

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.

Are Amex card holders 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 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.

What is the richest Amex card?

Which card rich people use?

American Express Centurion Card, Citibank Prestige Credit Card, J.P. Morgan Reserve Card, and American Express Platinum Card are some of the exclusive credit cards super-rich use.

How much is 100k Amex worth?

100,000 points are worth $2,200 per our valuations, and you can use them in a variety of different ways. Think international business class, free domestic airfare, and stays in luxurious hotel suites.

How much is 150k Amex worth?

We generally value Membership Rewards points at about 2.2 cents per point, which means that a 100,000-point bonus offer is worth ~$2,200, a 125,000-point bonus is worth ~$2,750, and a 150,000-point bonus is worth $3,300.

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 card credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.