Can anyone apply for Amex card?

Asked by: Athena Dickinson  |  Last update: September 3, 2022
Score: 4.8/5 (33 votes)

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 the Amex card easy to get?

To qualify for the Blue Cash Preferred Amex card you'll need a score of at least 690 or better. Like many rewards earning cards, this card requires good to excellent credit to qualify. Just remember that your credit score isn't the only factor Amex will consider.

What income do you need for an Amex?

Person Income/Business Income

We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum.

Are American Express cards only for rich people?

No,. American Express is not specifically for rich people, even though it does have a high level of status in many people's minds. Applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards, and you don't need to be rich to have a good credit score.

Can I get an American Express card if Im not American?

However, even for citizens and permanent residents, it can be difficult to get a credit card for a non-U.S. citizen if you don't already have a credit history in the United States. Here's the good news: you can now apply for an American Express card using your international credit history from selected countries.

EVERY Amex Card Application Rule!

17 related questions found

Why is Amex so popular?

Amex is so popular because it offers high-end credit cards with great rewards and luxury perks, which have become status symbols in popular culture over time.

What is the highest Amex card?

The highest level American Express card is the Centurion card, which is also known as the 'black card.

What card do billionaires use?

According to Weiss, one of the most recommended cards for high-net-worth individuals is The Platinum Card® from American Express . While this card comes with a wide range of perks that make it seem too good to be true, it also comes with an annual fee of $695, which is higher than most other credit cards.

Which is the most expensive credit card?

1. American Express Centurion Card. 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 qualifies for a black card?

Although Amex doesn't publish requirements for the card—or its perks, for that matter—it typically extends black card invitations only to high earners who have spent and paid off between $350,000 and $500,000 across all of their American Express accounts in a calendar year.

Does Amex verify income?

No, American Express does not verify income on most credit card applications or credit line increase requests. Amex will generally require income verification only if something seems out of the ordinary, such as a 21-year-old claiming to have an annual income of $150,000.

Why is the Amex Black card so special?

The Amex black card gets you free access to more than 1,400 airport lounges around the world, including Amex Centurion Lounges, Delta Sky Clubs when you're flying Delta, and Priority Pass airport lounges. You can sit back and relax on the comfortable chairs while indulging in some good food and drinks.

How long does Amex take to approve?

how long does AMEX take to approve? it might take around up to 4 weeks for the approval of your application status after submitting the application form along with relevant documents.

How can I get an Amex card?

In addition to having good to excellent credit and the rules on how many cards you can have or apply for, American Express will also review credit report information including your payment history and credit utilization. Bottom Line: You will need good to excellent credit to be approved for an Amex card.

What score does Amex use?

What credit score does Amex use? Data points indicate that American Express uses the FICO 8 scoring model from the Experian credit bureau. The bank is also likely to pull the same score from either Equifax or TransUnion but the applicant won't know until after they try.

How do you get a black Amex card?

You'll need to pay a one-time initiation fee of $10,000 on top of a $5,000 annual fee just for the privilege of having a Black Card. Plus, adding other cardholders costs an extra $2,500 each per year. In comparison, the Platinum Card's annual fee is $695 per year for many of the same services.

Is Amex a status symbol?

The Platinum Card® from American Express (Terms apply. See rates and fees) originally launched in 1984 with an annual fee of $250—unprecedented at the time. Since then, it has become one of the most popular and sought-after travel rewards cards, as well as a status symbol.

What is the limit on Amex black?

What Is the Spending Limit on the American Express Black Card? There is no spending limit with the Amex Black Card. However, balances must be paid off in full every month.

Is Amex still prestigious?

The Platinum Card® from American Express. The Platinum Card® from American Express is one of the most prestigious cards on the market, with a $695 annual fee to match (Terms Apply.

Is it hard to get Amex platinum?

It will be difficult for the average person to get the American Express Platinum card because of the card's 700+ credit score and reportedly high income requirements. Another reason why the American Express Platinum card may be hard to get is because of the card's daunting $695 annual fee.

How many credit cards should a person have?

It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.

Does Amex platinum have a limit?

American Express Platinum has no preset credit limit. That means the amount you can spend may change from month to month based on your usage of the card, credit history, income and more.

Why Amex is not accepted everywhere?

Many retailers don't accept American Express because they have their own branded credit cards they'd prefer you to use. In addition, due to a higher fee AMEX charges its retail partners (than Visa or Mastercard), many opt out of accepting an American Express credit card.

Is American Express better than Visa?

Winner: Visa

In fact, Visa is one of the most accepted payment networks in the world. American Express is accepted by 99% of the merchants that accept credit cards, but it's still not as widely accepted as Visa. American Express has long charged higher credit card processing fees than other payment networks.

What are the advantages of Amex card?

  • About Membership Rewards.
  • Reward Multiplier.
  • Shop with Points.
  • Travel with Points.
  • Pay Card Charges with Points.
  • View My Rewards Balance.