Is it hard to get an American Express Platinum Card?

Is it hard to get an American Express Platinum Card?

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.19-Dec-2022

Is American Express Platinum Card luxury?

Our quick take: The Platinum Card® from American Express is the king of luxury rewards travel cards, perfect for demanding travelers who place a high degree of value on perks like lounge access and complimentary elite status.20-Dec-2022

Is American Express Platinum status worth it?

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.

How do you qualify for American Express Platinum?

What does your credit score need to be for the Amex Platinum card? While there is no set score needed, we recommend you have a credit score of at least 670, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.15-Dec-2022

What is the hardest Amex card to get?

the Centurion® Card from American Express

What is the highest Amex card?

the Centurion card

What income do you need for Amex Platinum?

Annual income of $100,000 or more. Aged 18 years or over.05-Oct-2021

Is Amex Platinum better than Amex Gold?

The American Express Platinum Card 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.

Why is American Express Platinum so good?

The Platinum Card® from American Express is a high-end card that is packed with benefits and a hefty welcome offer. Cardholders can take advantage of numerous annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and much more.

Does everyone get approved for Amex Platinum?

Just keep in mind that while getting pre-qualified indicates good odds of approval (90%), it does not guarantee it. If you apply for the American Express Platinum card, it's important that you enter all required information completely and accurately.26-Sept-2022

What is higher Amex black or platinum?

Key Takeaways. The Black Card is an exclusive charge card offered to high-net-worth individuals by invitation only. The Platinum Card is one tier lower.

Is Amex a high end 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.

How many Amex cards is too many?

five American Express

What cards are better than Amex Platinum?

5 luxury credit cards to consider if you're thinking of switching from the Amex Platinum

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.

Why are Amex cards so hard to get?

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.09-Dec-2022

Does Amex ever increase credit limit?

Yes, Amex increases credit limits automatically. This might happen if you have excellent creditworthiness and make all your payments on time. Paying your balances in full each month or maintaining a low credit utilization ratio might also work in your favor.

Is Amex Platinum by invitation only?

What American Express cards have access to By Invitation Only? The By Invitation Only program is only available on the Amex Platinum card, Amex Business Platinum card, and Centurion card. It is not available on any other lower-end cards.17-May-2022

Do you have to pay off Amex Platinum every month?

You must pay at least the Minimum Payment Due by the Payment Due Date each month. The Minimum Payment Due includes all charges that were not added to a Pay Over Time and/or Cash Advance or Plan balance, plus a portion of your Pay Over Time and/or Cash Advance balance, any interest accrued, and any Plan Payment Due.

What happens if you don t pay American Express 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.14-Nov-2022

Is Amex Platinum worth it over gold?

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.

Is it hard to get an American Express Platinum Card?