How much money do you have to spend to get a platinum card?

Asked by: Nils Davis  |  Last update: February 9, 2022
Score: 4.6/5 (34 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.

How much money do you need to spend for a platinum card?

The Business Platinum Card® from American Express requires spending $15,000 within 3 months for its initial bonus of 120,000 points.

How much do you have to spend a year for Amex Platinum?

If you can fully utilize the statement credits on the Amex Platinum each year, the out-of-pocket cost for the card goes down to just effectively $195 a year ($695 (see rates and fees) minus the up to $200 annual airline credit, up to $200 Uber Cash and up to $100 Saks Fifth Avenue credit).

What does a Platinum card get you?

The Platinum Card from American Express earns rewards at the following rates: 5 membership rewards points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per ...

Whats the max on a platinum card?

With up to a $25,000 credit limit, the Visa Platinum card gives you room to do what you need and what you want. Your Visa Platinum card is accepted at over 22 million worldwide locations, including over 700,000 ATMs in the Visa Global ATM Network.

Does the American Express Platinum Card have a credit limit? Is Amex Platinum credit line unlimited?

41 related questions found

What is a black card limit?

There's no credit limit

The American Express Black Card doesn't have a pre-set spending limit, so cardholders can spend as much as they want every month. ... The Centurion® Card from American Express is a charge card, so cardholders can't carry a balance. Whatever they spend must be paid back in full each month.

How do you get a black card invitation?

Simply follow these steps to request an invite to the Amex Centurion Card:
  1. Go to the Centurion website.
  2. At the bottom of the page, click on: “Interested in Centurion® Membership? ...
  3. Enter your first and last name and the card number and security code for your Amex card.
  4. Submit your invite request.

Who has a black card?

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.

How do I get a Platinum Card?

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.

How much is a Platinum Card hair?

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.

How hard is it to get Amex Platinum?

It will be difficult for the average person to get Amex Platinum because of the card's 700+ credit score requirement and reportedly high income requirement. Anecdotal evidence suggests most people need to make at least $40,000 to $50,000 per year and that approval odds are best with $100,000 or more in annual income.

Do you have to pay off Amex Platinum every month?

Platinum cards must be paid off in full every month. Gold card owners can carry over certain balances with interest.

How do I get my Amex fee waived?

Call the retention line: You can ask Amex to waive the annual fee by calling (800) 452-3945. However, it's important to understand that this approach may not be successful. American Express typically does not waive annual fees entirely, but it may offer a side benefit to offset the Platinum card's $695 annual fee.

Can I buy a car with a credit card?

While it may be unconventional to the average consumer, there is nothing that legally prevents you from buying a car with a credit card. As long as your credit limit is high enough, you can put down a down payment or even a complete purchase with enough available credit.

Is there a minimum spend on credit cards?

What is the minimum card payment law? There is no minimum card payment law, which means that there's nothing stopping businesses from setting a minimum spending limit. ... Setting a minimum spend on card payments is a violation of these rules and can result in a hefty fee or account suspension.

Are Centurion lounges worth it?

Centurion Lounges are definitely a worthwhile benefit if you're able to use them three or four times per year. I'd estimate that visiting the Centurion Lounges in both Dallas and Denver saved me $180+ on food and alcohol.

How do you get a gold card?

There are two ways to apply for the Gold Card during the COVID 19 pandemic and those are:
  1. Visit a Harris Health Eligibility Center to pick up an application.
  2. You can have an application mailed to you by contacting the Eligibility Information Line at 713.566. 6509.

What is Emirates platinum card?

Emirates Platinum Card programme was launched in 2008 that is exclusively available for the Emirates employees. Emirates Platinum Card offers special discounts to their employees. The offers can be availed on shopping, entertainment, leisure, movies, dining and much more.

How can I build credit?

How to Build Credit
  1. Get a secured card.
  2. Get a credit-builder product or a secured loan.
  3. Use a co-signer.
  4. Become an authorized user.
  5. Get credit for the bills you pay.
  6. Practice good credit habits.
  7. Check your credit scores and reports.

What card do billionaires use?

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.

Who in BTS has a black card?

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. His payment was rejected …

Who has black card in Blackpink?

BLACKPINK Jennie

Jennie comes from a very well-off family and is herself one of the most influential figures in the world of music and fashion today. Much like her boyfriend, G-Dragon, she too, owns a black card.

How much is a black card?

The Amex Centurion "black" card makes other premium credit cards look downright affordable. It has an initiation fee of $7,500 and an annual fee of $5,000.

How rich do you have to be to have a black card?

The invitation-only Black Card is aimed at high-net worth individuals who travel frequently and spend at least $250,000 on their other Amex cards. Also called the Centurion Card, the physical card is made of anodized titanium and weighs 14 grams, around that of a compact disc.

What's higher than a black card?

The Mastercard® Gold Card™ is the highest-end card offered by Luxury Card, which offers three metal rewards cards. The other two are the Mastercard® Black Card™ (Review) and the Mastercard® Titanium Card™ (Review).