What does Amex look at for approval?

For cards such as The Platinum Card® from American Express and American Express® Gold Card, for example, you'll need to have good to excellent credit—usually a score of 680 at a minimum. There is anecdotal evidence of applicants with scores as low as the mid-600s being approved, but that's rare.

What does Amex look for when approving?

Although American Express doesn't specify any minimum credit score requirements, you'll need good credit (or better) to qualify, which means a FICO score of at least 670. A premium Amex card — say, the American Express Gold Card — likely requires a “very good” FICO score, somewhere in the range of 740 and above.

Are Amex cards hard to get approved for?

Yes, it's hard to get an American Express card because they all require good or excellent credit for approval. But American Express isn't the only credit card company to target people in the highest tiers of the credit score scale. Barclays and Wells Fargo do too, for example.

What credit score does Amex look at?

American Express uses all three major credit bureaus (TransUnion, Equifax and Experian) in order to assess your creditworthiness. Credit reports, however, don't differ that much from bureau to bureau. So, there's a huge overlap between the contents of each major credit report.

What is the minimum credit score that Amex will approve?

To get approved for this card you'll want a credit score of at least 670 to get approved, but some people have reported having a score as low as 630 and being able to get the card.

American Express Platinum Approval Odds - What Credit Score Needed for Amex Platinum Credit Card?

What is the easiest Amex card to get?

When applying for the Amex Blue Card, try to have a good credit score, which is a FICO® Score of 670 or above. This is one of the easiest Membership Rewards cards to open, and even consumers with average credit scores have a decent chance of approval.

Can I get Amex with 600 credit score?

The American Express credit score requirement is of at least 700, depending on the card. That means people with good to excellent credit are eligible to get approved for an American Express credit card.

Does American Express check 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 card with a 670 credit score?

While American Express doesn't publicize a minimum credit score for the Amex Gold Card, generally, applicants with a good credit score of 670 or above are more likely to qualify.

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.

Why did Amex rejected me?

American Express sends a letter to affected applicants citing why the application was denied. Common reasons an application could be denied include a low credit score, an insufficient annual income, number of open credit accounts, and more.

Which bureau does Amex pull?

American Express appears to primarily pull credit reports from Experian, but this doesn't mean it doesn't occasionally pull from one or both of the other major consumer credit bureaus as well.

Does Amex prequalified mean approved?

Using only a soft credit pull—which does not impact your credit score—Amex determines whether you've met its minimum standards for that particular card. Despite the name, pre-approval does not mean your application will be automatically approved, though it does mean you have excellent odds.

Is Amex harder to get than Visa?

But in terms of comparing eligibility requirements for Visa, Mastercard, and American Express, American Express may be the hardest issuer to qualify for as most cards require applicants to have a “good” credit score of at least 670 to qualify.

Is Amex platinum hard to qualify for?

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.

Does Amex have a 5 24 rule?

While American Express doesn't have a "5/24" rule like Chase does, the issuer does limit welcome offer eligibility based on your card history — nominally, you're eligible for one welcome offer per credit card “per lifetime,” but it's not necessarily as simple as that.

What is Amex Gold Card limit?

Does the American Express Gold Card have a limit? The American Express® Gold Card has no preset spending limit, which reflects its origins as a charge card — a card that requires you to pay your bill in full every month.

Does Amex do soft pull?

Upon applying for a chosen Card, a soft inquiry will be made on an applicant's credit report and applicants will be told with 100% certainty if they are approved – without any impact to their credit score.

Does Amex look at FICO or Vantage?

These are provided as guidelines only and approval is not guaranteed. Earn 80,000 Membership Rewards® points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Credit Score ranges are based on FICO® credit scoring.

What's a good annual income for American Express?

Person Income/Business Income

On average, Amex Platinum and Amex Business Platinum cardholders tend to have high incomes. However, a high income is by no means a requirement. We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum.

What counts as income for Amex?

According to an amendment to the Card Act, borrowers over 21 can list any income to which they have “reasonable expectation of access.” This broad definition includes: Personal income. Income from a spouse or partner. Allowances and gifts.

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 FICO score is needed for Amex Platinum?

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.

Is Amex gold card hard to get?

Yes, it is hard to get the American Express® Gold Card because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be very hard for you to get approved for the Amex Gold card.

Does Amex still have a black card?

The American Express Centurion Card is the official name of the Amex Black Card. 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.