Question: How Long Does It Take To Get Amex Platinum Card?

Is it hard to get Amex Platinum?

The Amex Platinum can be a hard credit card to get.

It does have a high annual fee of $550 (See Rates & Fees).

Therefore, you may want to check out some of the other best credit cards for travel miles options that come with lower annual fees.

It largely depends on your credit history..

How do you get approved for American Express Platinum Card?

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

What credit score do I need to get an American Express Platinum card?

700The Credit Score Needed for the American Express Platinum To apply for The Platinum Card® from American Express, you need to have a good or excellent credit score. This means you need a credit score of at least 700. The average applicant has a score of 715.

Does Amex Platinum improve credit score?

If you check your credit report for an Amex charge card, you’ll see that there is no utilization calculated: In many ways, this means that charge cards share one of the best benefits of business credit cards, namely that purchases you make don’t directly affect your personal credit report.

What is the easiest Amex card to get approved for?

The easiest American Express credit card to get is the USAA Secured Card, so long as you’re eligible for USAA products. Ifyou’re not, you might want to focus on one of the Amex cards that require good credit, like the Amex EveryDay Credit Card.

What credit card do billionaires use?

1. American Express Centurion Card. The American Express Centurion Card is the most exclusive credit card in the world and is commonly known as the original black card.

What FICO score does American Express use?

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

What is the credit limit for Amex Platinum?

$50,000Our Platinum Credit Cards can have a maximum credit limit of up to $50,000. All other Credit Cards have maximum limits of up to $25,000. However, your limit will depend on your financial circumstances and the Card you choose.

What’s better than a black card?

Our favorite Black Card alternative is the Chase Sapphire Reserve® card. With a $550 annual fee, this card provides you a boatload of bonus points when you spend the required amount on purchases during the first three months. You also get a credit of up to $300 each year to reimburse you for travel expenses.

What is the hardest credit card to get?

Hardest Credit Cards To Get of 2020:Hardest Overall: Centurion® Card from American Express.Luxury Travel: J.P. Morgan Reserve Credit Card.Rewards: U.S. Bank Altitude Reserve Visa Infinite® Card.Business: Wells Fargo Business Elite Signature Card®Travel: Bank of America® Premium Rewards® credit card.More items…•

What Credit Card gives the highest credit limit?

Chase Sapphire PreferredThe highest credit card limit is $100,000 from the Chase Sapphire Preferred® Card, according to reports about the card’s maximum limit (and only considering cards available to the general public).

How long does it take to get approved for an Amex card?

4 weeksHow long does it take to obtain an American Express Card? Post receipt of the duly signed application form along with relevant documents, it may take up to 4 weeks to process your application.

Is Amex Platinum prestigious?

The Platinum Card® from American Express is arguably the most prestigious card on the market. It offers an intro bonus of 60,000 Membership Rewards® Points and up to 5x Membership Rewards points on eligible travel purchases.

What are the qualifications for a black American Express card?

Getting the card There’s no official requirement for Centurion eligibility, but we’re talking big bucks. Amex reportedly extends invitations to apply for the business card only if you’ve spent (and paid off) at least $450,000 (or $500,000 — we’ve heard both) across all your Amex accounts in a calendar year.

Is AMEX hard to get?

The minimum credit score required for American Express credit card approval is 700, in most cases, as Amex credit cards require a minimum of either good credit or excellent credit for approval, depending on the card.

Does 7 10 days mean denial?

7-10 Days Status Message A 7-10 day message typically means that your application has been denied. You can either wait for the rejection letter or call Chase reconsideration line at 1-888-270-2127 and plead your case.

Can you use your Amex card before it arrives?

Amex instant card numbers come with an expiration date and security code. This way, you can use your card before it arrives in the mail. … If you receive an instant card number, you’ll be able to use it anywhere Amex is accepted.

Do rich people use credit cards?

On the surface, the rich appear to have little use for credit cards. After all, they have plenty of cash, and it’s probably accessible through a debit card that can be used anywhere a credit card can. But for a variety of reasons, some wealthy consumers turn to their credit cards on a daily basis.