How long does it take to get approved for American Express card?

Asked by: Antonetta Weimann Jr.  |  Last update: September 12, 2022
Score: 4.4/5 (49 votes)

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.

Is American Express easy to get approved for?

The American Express credit score requirement is 700 or above, depending on the card. That means people with good to excellent credit are eligible to be approved for an American Express credit card. If your credit score is below the threshold needed for a credit card from American Express, it's be.

How do I know if my American Express card is approved?

To inquire about status of your Card application, please call American Express New Accounts on 1-800-392-2000. It takes approximately 14 business days to process a new application.

Does American Express give instant approval?

You can get an Amex instant card number by applying for an American Express credit card either online or by phone at (888) 297-1244, and getting approved instantly. Every credit card listed on the American Express website advertises that an instant number is possible.

Why did my Amex application get declined?

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.

Amex Credit Cards: How To Get Approved For Your First Card

21 related questions found

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.

What is the minimum income for American Express?

What does your credit score need to be for the Amex Platinum card? 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.

What credit score do I need for Amex?

According to the score ranges from FICO, that means American Express applicants typically have at least a 670 score: Exceptional. 800 and above.

What credit score does Amex use?

American Express uses all three major credit bureaus (TransUnion, Equifax and Experian) in order to assess your creditworthiness. Credit reports, however, don't differ that much from bureau to bureau.

Does Amex ask for proof of 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.

Can I get an Amex card with a 650 credit score?

Can I get an Amex card with a 650 credit score? American Express cards typically require a good credit score that starts at 680 FICO. A 650 credit score is in the “fair credit” range, but it's still prime credit and can qualify for an unsecured card that doesn't require a security deposit.

What is the hardest Amex card to get?

Centurion® 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.

Is American Express a hard card to get?

It's generally harder to get an American Express card than it is to get a credit card from many other major issuers simply because all of Amex's credit card offers require good or excellent credit for approval.

Does an Amex card build credit?

For an Amex card to be good for your credit score, the account must be kept in good standing with on-time monthly bill payments. Every month an open Amex account is used responsibly, positive information will be reported to the credit bureaus.

Does American Express have a limit?

American Express does not disclose a minimum credit limit in their cards' terms and conditions, unlike some other major issuers. All Amex says is that your credit limit depends on your credit history, debt level, income, and payment history on other American Express cards.

Can I get an American Express card with a 600 credit score?

Can I get an American Express card with a 600 credit score? Based on American Express' judgment of credit ratings, it's unlikely that American Express will approve applications with a 600 credit score, as they classify these borrowers as "less likely to be approved for loans.” This falls into the “Fair to Poor” range.

Does American Express hurt credit score?

Because these cards don't have a preset limit, they will not impact your credit utilization ratio (how much of your credit limit you use). But the card will still impact your credit score in other ways—including whether you pay your bill on time. This can be good news if you use a charge card for a large purchase.

What is the best credit score to have?

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

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.

How much does it cost to have an American Express card?

The American Express annual fee is $0 to $695, depending on the card. If an Amex credit card has an annual fee, it gets charged to the card when the account is opened and again every year during the month of the card's anniversary.

How do I get an AMEX black 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.

How do I get my credit score from 800 to 850?

Tips to Perfect Your Credit Score
  1. Pay your credit card bills often. ...
  2. Keep a solid payment history. ...
  3. Consider your credit mix. ...
  4. Increase your credit limit. ...
  5. Don't close old accounts. ...
  6. Regularly monitor your credit report. ...
  7. Only apply for credit when you really need it.

Does canceling credit card hurt credit?

A credit card can be canceled without harming your credit score⁠; just remember that paying down credit card balances first (not just the one you're canceling) is key. Closing a charge card won't affect your credit history (history is a factor in your overall credit score).

What is credit card flipping?

Credit card churning is the process of opening and closing the same account multiple times to get the same sign-up bonuses or promotional rewards over and over again. Card issuers have been taking some steps to curb this practice.

What credit cards do billionaires use?

  • American Express Centurion Card.
  • JP Morgan Chase Palladium Card.
  • Dubai First Royal MasterCard.
  • Stratus Rewards Visa Card.
  • Coutts World Silk Card.