What is the average income of an American Express card holder?

The Centurion Card is often referred to as “the Black Card,” and it's invitation-only. According to this, the average Centurion reader (and therefore average Amex Centurion cardmember): Has a net worth of $11.4 million. Has a household income of $1.8 million.

How much income do you need to get an American Express 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 is the average salary for American Express Platinum?

American Express Salary FAQs

The average salary for a Platinum Customer Care Professional is $37,518 per year in United States, which is 33% lower than the average American Express salary of $56,826 per year for this job.

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.

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.

American Express Credit Card and Charge Card Spending Limits

Is American Express hard to qualify 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.

How much income do you need for Amex Black?

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.

How hard is it to get an American Express Gold Card?

Getting the Amex Gold Card isn't the easiest card to qualify for as you need good or excellent credit. That means having a minimum 670 FICO score and existing cards in good standing. Being an existing American Express cardholder can also make it easier to qualify.

Is American Express A rich person card?

Millionaires use credit cards like the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting.

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.

What is the highest level of American Express card you can get?

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.

How do you qualify for an American Express card?

Anyone can be eligible for American Express cards if they are at least 18 years old and have a Social Security number and a U.S. street address. Amex applicants should also have more income than monthly expenses and a credit score of 700 or higher, as Amex cards require good or excellent credit for approval.

How much do you need to make for Amex Gold?

American Express does not disclose a specific income requirement, but it will need to be enough to make payments on the card and to afford the $250 annual fee.

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.

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.

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.

What credit score do you need for American Express?

According to the score ranges from FICO, that means American Express applicants typically have at least a 670 score: Exceptional. 800 and above.

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.

Why would anyone get an Amex card?

American Express is good because its credit cards offer customers a wide selection of bonus rewards in popular purchase categories. American Express credit cards also have an assortment of lucrative welcome offers, introductory 0% APR offers, and luxury travel benefits.

Why is Amex so popular?

American Express is one of the leading card issuers in the United States. It's known for its top-notch customer service and some of the best rewards available. From ultra-elite business travel cards to everyday rewards, American Express has credit cards that are a good choice for many different types of cardholders.

What is the Amex 2 90 rule?

The Amex "2 in 90" rule limits cardholders to two card approvals every 90 days. This rule builds on top of the one card every five days rule. The rule prevents consumers from being issued too much credit, along with limiting the number of welcome offers consumers can earn.

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.

What color is the best American Express card?

For rich dining perks: The American Express® Gold Card, which has an annual fee of $250, outshines the others (see rates and fees). For luxury travel perks: The Platinum Card® from American Express, which has an annual fee of $695, is the superior option (see rates and fees). Terms apply.

What are the disadvantages of American Express card?

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.

What credit card is better than American Express?

Winner: Visa

American Express has long charged higher credit card processing fees than other payment networks. To avoid those more expensive fees, some merchants have opted not to accept American Express cards. It's accepted in over 170 countries; however, Visa is accepted in over 200 countries.