Here's the stats on what is known. Circulation figures for 2017 suggest that outside the U.S., there are about 400,000 Platinum Cards, and 84,000
Getting approved for the American Express Platinum is like any new credit card application. You have better chances with a credit score above 700, a clean credit history, and a low debt-to-income ratio. If you think you might have to work on these factors, take the time to improve your credit to enjoy the benefits.
Anyone can qualify for a platinum credit card as long as they are at least 18 years old and have enough income to afford monthly bill payments, though some platinum credit cards are harder to get than others.
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 720, 2 years of clean credit history, and an income of at least $50,000 per year to apply for the Amex Platinum card.
Overall, the Amex Platinum still remains worth it if you can take advantage of the benefits without overextending yourself. At the end of the day, it's not financially savvy to spend more money just to take advantage of the card's benefits.
Generally, a card issuer invites only their most loyal customers who spend upwards of six-figures or more a year to become a black cardholder.
Card design
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.
The most exclusive credit card is the American Express Centurion Card, also known as the Amex Black Card. It is reportedly reserved for people who spend at least $100,000 per year, and an invitation is needed to apply.
There is not a major difference when you compare the credit cards of the platinum and the titanium tiers. The providers that offer a Titanium credit card often offer them as a step above the Platinum credit cards. You have to fulfill strict criteria to be eligible for holding these cards.
Platinum cards give higher minimum credit limits than gold cards, which can be a bonus if you spend a lot on credit and can responsibly manage your credit card payments. Platinum cards charge higher annual fees than gold cards offered by the same provider.
The highest level American Express card is the Centurion card, which is also known as the 'black card.
How many credit accounts is too many or too few? Credit scoring formulas don't punish you for having too many credit accounts, but you can have too few. Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time.
American Express Platinum has no preset credit limit. That means the amount you can spend may change from month to month based on your usage of the card, credit history, income and more.
The Platinum Card® from American Express (Terms apply. See rates and fees) originally launched in 1984 with an annual fee of $250—unprecedented at the time. Since then, it has become one of the most popular and sought-after travel rewards cards, as well as a status symbol.
Platinum Card — $102+ PER HOUR
A platinum card consists of every hair in a foil in 1/8 inch sections. This is ideal for those who want to go from dark to light as quickly as possible.
See our Advertiser Disclosure for more details. There's no doubt that the welcome offer of 100,000 Membership Rewards points from The Platinum Card® from American Express is a huge deal. 100,000 points are worth $2,200 per our valuations, and you can use them in a variety of different ways.
Tier-one credit describes borrowers with excellent credit. Tier-one borrowers are the most creditworthy because of their high credit scores and the likelihood they'll repay their debts. Because consumers who earn tier-one status have high credit scores, they receive the best terms on credit cards, loans, and leases.
The Black Card is an exclusive charge card offered to high-net-worth individuals by invitation only. The Platinum Card is one tier lower. Prospective cardholders may apply online and must meet minimum eligibility requirements.
The highest credit card color is black, in large part because of the ultra-exclusive Centurion® Card from American Express, which is also known as the “Black Card” due to its color.
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.
BTS' Jin and Jungkook
The total bill clocked in at around US$730, according to Kpopstarz and Jin paid for it all with his Hyundai black card. The youngest BTS member was also spotted by fans trying to buy snacks from a vending machine.
What is a black card? A black credit card is a type of extremely exclusive credit card that is almost solely reserved for the ultrawealthy. Typically, the cards are available on an invitation-only basis. The threshold for entry into this elite echelon of card ownership is incredibly high, as are the annual fees.
How much does the AmEx Platinum weigh? The Platinum Card® from American Express weighs 18.5 grams.
Yes, the Amex Gold card is a metal card. New Amex Gold card applicants don't need to specify that they want a metal card, either – it's standard. It's worth noting that regardless of its name, the Amex Gold card is not made of gold.