Question: Is Amex Platinum Hard To Get?

Should I get Amex gold or platinum?

The American Express Gold Card also is the better choice for people who spend a lot on dining.

On the other hand, the American Express Platinum Card tops Amex Gold in terms of total rewards value.

Amex Platinum offers more bonuses and also provides more points on travel purchases..

What is the highest credit limit for American Express?

The Blue Cash Preferred® Card from American Express is a popular everyday card that offers a high rate of rewards for grocery store, streaming, transit, and gas station purchases. Amex is known for its high credit limits, and this card is no exception, with online reports of starting limits over $10,000 not uncommon.

What is the most elite credit card?

NerdWallet’s Best Premium Credit Cards of January 2021Chase Sapphire Reserve®: Best for Overall premium card.The Platinum Card® from American Express: Best for Luxury travel perks.Delta SkyMiles® Reserve American Express Card: Best for Premium airline card.More items…•

How do I get my Amex Platinum fee waived?

To get American Express Platinum’s annual fee waived, call the American Express retention department at 1 (800) 452-3945. State that you’re considering cancelling or switching cards because of the high annual fee.

Who qualifies for a black card?

In addition to being a high earner and meeting large spending requirements, you’ll need top credit scores to get a black card. A credit score between 800 and 850 is considered exceptional.

What credit card do billionaires use?

1. Chase Sapphire Reserve® Regarded as one of the best premium travel cards on the market, the Chase Sapphire Reserve® is in the pockets of millionaires and more modest cardholders alike.

Which Amex has no limit?

If you carry a classic American Express Green, Gold, or Platinum charge card, or any other credit card that has “no pre-set spending limit,” you probably know that no pre-set limit does not mean no limit.

Is Amex Platinum prestigious?

The Platinum Card® from American Express is arguably the most prestigious card on the market. New cardholders can earn a welcome bonus of 75,000 Membership Rewards® Points and the card earns up to 5x Membership Rewards points on eligible travel purchases.

What is the hardest Amex card to get?

American Express Centurion CardCenturion® Card from American Express Why it’s one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.

What FICO score does American Express use?

What credit score does American Express MyCredit Guide provided? The score provided by American Express MyCredit Guide is the VantageScore® 3.0 credit score by TransUnion®.

Why is American Express so bad?

All credit card issuers charge a fee, but not all issuers charge the same fee. Because of this set up, merchants can choose which credit cards they want to accept. The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don’t accept American Express.

Is there anything 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).

How much is 75000 Amex points worth?

Dollar value of Amex points But let’s look at the max value of about 2 cents per point, assuming you transfer strategically to a travel partner: 100,000 Amex points: $2,000. 75,000 Amex points: $1,500. 60,000 Amex points: $1,200.

What credit score do you need for Amex Platinum?

700The Amex Platinum credit score requirement is 700 or higher for good approval odds. Applicants need a good credit score or better to be approved for the American Express Platinum Card in most cases.

What do you need to qualify for Amex Platinum?

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.

Does Amex Platinum have credit limit?

The American Express Platinum card has no pre-set credit limit. That does not give cardholders unlimited purchasing power. It means American Express won’t give you a specific credit limit once you’re approved for the card.

How do I get an Amex Platinum 100k offer?

American Express Platinum 125K or 100k Offer If you qualify, you only have to spend $5,000 in the first 3 months to earn the full 125,000-point bonus or the 100,000 bonus. Taking the extra minute to see if you have credit card pre-approval means you can earn a bonus worth more than the standard bonus.

Is Amex Platinum better than black?

The high annual fee on the Platinum and the obscenely high fee on the Black Card will not pay for themselves unless you are a frequent traveler. You can get the same perks with the Platinum Card that you can with the Black Card.