How do I get an Amex Platinum Card?

Asked by: Prof. Kip Wilderman Jr.  |  Last update: February 22, 2023
Score: 4.1/5 (54 votes)

While there is no set score needed, we recommend you have a credit score of at least 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.

Is it hard to get Amex Platinum?

It will be difficult for the average person to get the American Express Platinum card because of the card's 700+ credit score and reportedly high income requirements. Another reason why the American Express Platinum card may be hard to get is because of the card's daunting $695 annual fee.

How much do you have to spend to get a platinum American Express?

The American Express Platinum card minimum spending requirement for the 100,000 points bonus is $6,000, spent within 6 months of being approved for an account. Eligible purchases by both the primary cardholder and any authorized users in the first 6 months count toward this threshold.

Can anyone have platinum Amex?

Anyone who frequently travels, whether for business or pleasure, can benefit from having the Amex Platinum card. Frequent travelers may want to apply for the Global Entry or TSA PreCheck service which ensures quicker screening when going through airport security.

Do you have to be rich to have an Amex platinum card?

A solid credit score and income are necessary to qualify for the American Express Platinum card. Annual membership is $695 and cardholders get a variety of travel perks including access to Centurion, Delta, and Airspace lounges as well as benefits from hotels, car rental privileges, and concierge services.

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Does Amex ask for proof of income?

No, American Express does not verify income on most credit card applications or credit line increase requests. Amex will generally require income verification only if something seems out of the ordinary, such as a 21-year-old claiming to have an annual income of $150,000.

Is Amex Platinum prestigious?

The Amex Platinum is one of the most prestigious travel credit cards you can own.

What is the highest Amex card?

The highest level American Express card is the Centurion card, which is also known as the 'black card.

Is Amex Platinum better than 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.

Does the Platinum card have a 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.

Why is Amex Platinum worth it?

Is the Amex Platinum worth it? The American Express Platinum Card, known for its prestigious benefits and sleek appearance, is a card worth bragging about. Between the numerous travel benefits, reputable concierge service and consumer protections, the card is worth considering if you can stomach the steep annual fee.

Do you have to pay American Express Platinum in full every month?

In order to keep the account in good standing and keep a spotless credit score, it is always important to make payments on time every month. There are no interest charges on the Platinum account because it must be paid in full each month.

What happens if you don't pay Amex Platinum in full?

Interest charges accrue when you don't pay the bill off in full. Pay Over Time charges an interest rate that is the same across the Green, Gold and Platinum products. As of August 2020, cardholders who use the feature will pay an APR between 15.99% to 22.99%, depending on creditworthiness.

Can you have 2 American Express cards?

Currently, you can have up to five American Express consumer credit cards at one time. It is important to note that American Express offers multiple types of cards — business cards and consumer cards — and that the rule only applies to consumer cards where you are the primary cardholder.

Does Amex affect credit score?

Note that Amex will still report your statement balances to the credit bureaus, even if they don't affect your credit score. This means that other creditors looking at your report (for a mortgage or car loan, for example) will see the balance when deciding whether to approve you.

What income do you need 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.

Is American Express for 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.

Can I change my Amex Gold to Platinum?

Yes, you can easily upgrade your Amex Gold card to the Amex Platinum card by calling the customer service number on the back of your Amex Gold card or using the chat feature on the American Express website.

Can you upgrade Amex Green to Platinum?

Active duty military servicemembers can upgrade the American Express Green card to another Platinum Card® from American Express and pay no annual fees on multiple Amex Platinum cards.

What credit card do billionaires use?

According to Weiss, one of the most recommended cards for high-net-worth individuals is The Platinum Card® from American Express . While this card comes with a wide range of perks that make it seem too good to be true, it also comes with an annual fee of $695 (See Rates), which is higher than most other credit cards.

Is the Amex Platinum card 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.

Why is Amex so popular?

Amex is so popular because it offers high-end credit cards with great rewards and luxury perks, which have become status symbols in popular culture over time.

Why do people love Amex platinum?

The Platinum Card from American Express comes with 100,000 bonus points after you make $6,000 in purchases in the first six months of card membership (you may be eligible for an Amex Platinum 125k points bonus offer using the CardMatch tool; offer subject to change at anytime).

Who qualifies for a Black Card?

Although Amex doesn't publish requirements for the card—or its perks, for that matter—it typically extends black card invitations only to high earners who have spent and paid off between $350,000 and $500,000 across all of their American Express accounts in a calendar year.

What is the most expensive credit card in the world?

The American Express Centurion Card is the most exclusive credit card in the world and commonly known as the “Amex Black Card.” Launched in 1999, American Express has kept it in a shroud of uncertainty, giving it a very high level of status in the minds of consumers.