Salary Needed for Amex Platinum Credit Card If you make near $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.
What is the highest American Express card?
the Centurion card
The highest level American Express card is the Centurion card, which is also known as the ‘black card.
What is the benefits of platinum card?
The main benefits of Platinum Rewards credit card include the following: Earn 5 reward points for every INR 150 spent on dining. Earn 5 reward points for every INR 150 spent on fuel. Earn 1 reward point for every INR 150 spent on all other categories.
What do you get with American Express Platinum card?
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 …
What is Amex Platinum card limit?
You’ll get at least a $5,000 credit limit with this card, and some people report a high limit of $100,000. This card requires good credit and the annual fee is $95.
What does a platinum American Express card mean?
The American Express Platinum Card The Platinum card is great for people who love to travel. Rewards can be used for merchandise, gift cards, dining, shopping, entertainment, or for use at the Amex travel website. Points can also be transferred to other frequent flyer programs.
Is Amex platinum hard to get?
Yes, the American Express Platinum card is hard to get approved for. 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. Another factor that makes it hard to get Amex Platinum is the card’s daunting $695 annual fee.
How many AMEX Platinum card holders are there?
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 Centurion Cards. In the United States, TimeInc reports that American Express Platinum Card and Centurion membership has increased 23% since 2010.
Is a platinum card better than gold?
The Platinum card is great for people who love to travel. There are obviously many more perks that come with the Platinum card than with the Gold, especially when you consider the higher annual fee. Rewards can be used for merchandise, gift cards, dining, shopping, entertainment, or for use at the Amex travel website.
