What income do you need for Amex?

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.

Does Amex look at income?

They will request tax returns and bank statements. What they're looking for is to make sure the income you reported on the application is true. The process typically takes 2-3 weeks, and you're assigned a specialist to talk to.

Can I get an Amex card with no income?

Bogdan Roberts, Credit Cards Moderator

The Amex Blue Cash Everyday has no disclosed minimum income requirement. However, as with any credit card, you will need to have sufficient income to afford payments.

Why is Amex 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.

What is the easiest Amex to get approved for?

When applying for the Amex Blue Card, try to have a good credit score, which is a FICO® Score of 670 or above. This is one of the easiest Membership Rewards cards to open, and even consumers with average credit scores have a decent chance of approval.

American Express Platinum Approval Odds - What Credit Score Needed for Amex Platinum Credit Card?

Does Amex approve everyone?

Although American Express doesn't specify any minimum credit score requirements, you'll need good credit (or better) to qualify, which means a FICO score of at least 670. A premium Amex card — say, the American Express Gold Card — likely requires a “very good” FICO score, somewhere in the range of 740 and above.

Does Amex Platinum require proof of income?

Because American Express doesn't publicly disclose this information. But an income is a must in order to get this card. And you need to demonstrate the ability to pay the card's $695 annual fee and the entire balance in full, when applicable.

What is the minimum salary required for American Express credit card?

However, you must fulfill the minimum annual income criteria for the American Express® credit card you are applying for. In general, you require a minimum income of Rs. 4.5 lakh or above if you are salaried, and Rs. 6 Lakh or above if you are self employed.

What is lowest score for American Express?

The American Express credit score requirement is of at least 700, depending on the card. That means people with good to excellent credit are eligible to get approved for an American Express credit card.

What is a good credit score for Amex?

As a guideline, American Express' VantageScore tool considers a credit score between 661 and 780 to be a good score, anything below 661 to be fair or poor and anything above 780 to be excellent.

Is it hard to get an Express credit card?

You only need “fair” credit to qualify.

Most store credit cards require at least fair credit for approval. So in that regard, the Express Credit Card is no different. However, many retailers also have a Visa or MasterCard alternative for people with good or excellent credit that allows purchases at unaffiliated stores.

Is Amex Platinum for millionaires?

The Platinum Card® from American Express is another exclusive credit card that millionaires tend to prefer. Also, this card isn't invitation-only.

How much do you need to make a year for Amex Platinum?

Annual income of $100,000 or more. Aged 18 years or over.

What triggers an Amex financial review?

If you have more than $25,000 credit limit on a credit card or a combined credit limit of $35,000, it will trigger a financial review.

Does Amex do a hard pull?

Once you choose a card and submit an application, American Express will make a soft credit inquiry. This doesn't impact your credit score, unlike a hard inquiry.

Is Amex harder to get than Visa?

But in terms of comparing eligibility requirements for Visa, Mastercard, and American Express, American Express may be the hardest issuer to qualify for as most cards require applicants to have a “good” credit score of at least 670 to qualify.

Why am I not getting approved for Amex?

American Express sends a letter to affected applicants citing why the application was denied. Common reasons an application could be denied include a low credit score, an insufficient annual income, number of open credit accounts, and more.

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 still prestigious?

Yes, the American Express Platinum card is considered a prestigious credit card, as it's geared for big spenders who travel often and can take advantage of the card's many benefits. New cardholders get 80,000 points for spending $6,000 in the first 6 months.

Does Amex still have a black card?

The American Express Centurion Card is the official name of the Amex Black Card. The Black Card is a high-end, exclusive charge card issued by American Express. Platinum Card holders must meet certain criteria to be extended an invitation. The American Express Black Card comes in personal and business variants.

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.

What card do billionaires use?

The credit card billionaires are most likely to use is the Centurion® Card from American Express, also known as the Amex Black Card, which has unique benefits and is reserved for high-net-worth individuals. Some of the rich and famous people rumored to have the card include Jerry Seinfeld and Halle Berry.

How much is 150k Amex worth?

We generally value Membership Rewards points at about 2.2 cents per point, which means that a 100,000-point bonus offer is worth ~$2,200, a 125,000-point bonus is worth ~$2,750, and a 150,000-point bonus is worth $3,300.

What are the requirements for an American Express card?

Anyone can be eligible for American Express cards if they are at least 18 years old and have a Social Security number and a U.S. street address. Amex applicants should also have more income than monthly expenses and a credit score of 700 or higher, as Amex cards require good or excellent credit for approval.

Is getting an Amex easy?

Getting the Amex Gold Card isn't the easiest card to qualify for as you need good or excellent credit. That means having a minimum 670 FICO score and existing cards in good standing. Being an existing American Express cardholder can also make it easier to qualify.