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

Asked by: Ramon Hudson  |  Last update: February 9, 2022
Score: 4.7/5 (1 votes)

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.

How much money do you have to have to own a 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.

What are the requirements to get a platinum card?

American Express Platinum card Requirements
  • At least 18 years old.
  • Physical U.S. address (no P.O. boxes)
  • Proof of enough income to make the monthly minimum payment.
  • Social Security number or ITIN.
  • Good credit or better (a credit score of 700+)

Is having a platinum card 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.

Are you rich if you have Amex Platinum?

No. American Express is not specifically for rich people, though applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards. In addition to high credit scores, applicants that have an annual income of $60,000 or higher are often more likely to get approved.

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

32 related questions found

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.

What credit cards do billionaires use?

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

How do you get a black card?

How Do I Get an American Express “Black Card”?
  1. Use other Amex cards.
  2. Be an active cardholder for at least a year.
  3. Charge at least $250,000 per year (though some estimates are as high as $450,000)

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.

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 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 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 much do you have to make to get a black card?

The American Express Black Card's requirements are rumored to include being an Amex cardholder for at least a year, spending over $100,000 annually on American Express credit cards, and annual income of at least $1 million. You'll probably need to have an excellent credit score, too.

How hard is it to get Amex Gold?

Yes, it is hard to get the American Express® Gold Card because it requires at least good credit for approval. ... In order to get the Amex Gold card, you will have to meet the credit score requirement, have a steady income and be at least 18 years old. You'll also need to have an SSN or ITIN.

Is Amex Platinum free for military?

The Amex Platinum card waives its annual fee for active-duty servicemembers — but even with the fee, it's an excellent value. The letter F. ... That means you can get the $695 annual fee (See Rates) waived for The Platinum Card® from American Express . Read Insider's guide to the best rewards credit cards.

How do you get a black American Express card?

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.

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.

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).

Does BTS have black card?

BTS' Jin and Jungkook

Global pop stars Jungkook and Jin of BTS are also reportedly black card holders. Eagle-eyed fans have spotted Jin flashing his black card as he paid for the meals at member Suga's birthday celebration, treating all members of BTS and their staff.

Who has a black card in the world?

But we have it on good authority that celebrities including Beyoncé, Oprah Winfrey, and Jerry Seinfeld, who reportedly received the first-ever Black Card, all carry it. Collectively there are thought to be fewer than 20,000 AmEx Centurion cardholders around the world.

How do you get a black card for KFC?

submit the online entry form provided on (kfc.co.uk/gravycard) by the Closing Date.
  1. No purchase necessary and there is no charge to register for use of the website.
  2. The Promoter will not accept: ...
  3. By submitting a competition entry, you are agreeing to be bound by these terms and conditions.

How much is a black card worth?

There are two key factors that separate the Mastercard® Black Card™ from other luxury cards – annual fee and welcome bonuses. With the $495 ($195 for each Authorized User added to the account) annual fee, the Mastercard® Black Card™ is more expensive than other options.

Does Bill Gates carry cash?

Gates is frequently asked by both journalist and the people he meets how much money he carries around with him on a daily basis and in most every interview we found, Gates' stock response is that he seldom carries either cash or a wallet with him.

Is there a gold credit card?

The Gold card comes with an annual fee of $250, and there is no annual fee for adding any additional cards to a Gold account. ... The card also offers a $100 airline fee credit every calendar year when checked baggage or in-flight meals are charged to the Gold card.

Is 7 credit cards too many?

As with almost every question about credit reports and credit scores, the answer depends on your unique credit history and the scoring system your lender is using. "Too many" credit cards for someone else might not be too many for you. There is no specific number of credit cards considered right for all consumers.