If you’re an active-duty servicemember, you can get the annual fee waived for all American Express cards. That means you can get the $695 annual fee (See Rates) waived for The Platinum Card® from American Express . The easiest way to get the fee waived is to call the number on the back of the card and request it.
Then How exclusive is Amex Platinum? Why It’s One of the Most Exclusive Cards: The Business Platinum Amex Card’s annual fee alone makes it exclusive, as your average small business owner probably won’t want to shell out hundreds of dollars per year just for the privilege of having a particular card.
Furthermore, Does AMEX ever waive annual fee?
American Express typically does not waive annual fees entirely, but it may offer a side benefit to offset the Platinum card’s $695 annual fee. Retention offers traditionally include statement credits, bonus points or spending bonuses. If there’s no offer, a customer can always cancel the card.
Is clear free with Amex? Yes. The Amex Platinum card comes with a $179 statement credit for CLEAR membership fee reimbursement. The card also offers a statement credit for Global Entry or TSA PreCheck fee reimbursement.
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What credit score do you need for an Amex Platinum?
The American Express Platinum card credit score requirement is 700 or higher. This means applicants need good credit or better to be approved for the American Express Platinum card in most cases. If you don’t know where you stand, you can check your credit score for free, right here on WalletHub.
What kind of credit card do millionaires use?
Millionaires use credit cards like the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card, and The Platinum Card® from American Express. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting.
Who qualifies for a black American Express?
The American Express Black Card isn’t available to just anyone. It’s a charge card that’s offered to high-net-worth individuals (HNWIs) through an invitation. 4 Think of it as an exclusive club. This means you can’t just apply to join.
Why is AMEX so good?
Because American Express cards offer cash-back and travel rewards, they are best for consumers who can pay off their balance in full each month. Rewards cards tend to have higher interest rates than non-rewards cards, and when you pay interest, any value earned from credit card rewards is quickly lost.
Is Amex Gold worth the annual fee?
Is the American Express Gold Card worth the annual fee? If you make use of the card’s annual credits and you spend a lot on dining and groceries, the card can be well worth the $250 fee. If you’re not maximizing the credits and bonus categories, another card could be a better choice.
Is it worth it to upgrade to Amex Platinum?
Overall, the Amex Platinum still remains worth it if you can take advantage of the benefits without overextending yourself. At the end of the day, it’s not financially savvy to spend more money just to take advantage of the card’s benefits.
How much is 100000 Amex points worth?
There’s no doubt that the welcome bonus of 100,000 Membership Rewards points from The Platinum Card® from American Express is a huge deal. 100,000 points are worth $2,200 per our valuations, and you can use them in a variety of different ways.
Does Amex Platinum still cover global entry?
The Amex Platinum Card offers cardmembers (including authorized users) a Global Entry or TSA Pre-Check credit once every four years. … If you really want to make your airport experience seamless, also use the annual CLEAR credit of up to $179 on the Amex Platinum, so you can receive an expedited ID check.
How much is clear with American Express?
CLEAR® uses biometrics to assign you a touchless ID, allowing you to move faster through security at select airports and stadiums across the U.S. You can cover the cost of a CLEAR membership with up to $179 in statement credits per year after you pay for CLEAR with your Platinum Card®.
Does Amex verify income?
No, American Express does not verify income on most credit card applications or credit line increase requests. … You’ll often be able to prove your income by submitting a job offer letter, showing your pay stubs, or filling out a form that allows American Express to access your tax returns.
What is the easiest AMEX to get approved for?
There are no American Express credit cards that are easy to get as they all require good credit or better. The USAA® Secured American Express® Card used to be the easiest American Express card to get as it was available to people with bad credit, but it is no longer available to new applicants.
Does Amex do a hard pull?
Yes, the Amex Cash Magnet Card will do a hard pull on your credit report when evaluating your application. The Amex Cash Magnet Card requires a credit score of at least 700. That means applicants need good credit or better to get approved.
Is it hard to get Amex Platinum?
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.
What is the limit on Amex black?
There’s no credit limit
The American Express Black Card doesn’t have a pre-set spending limit, so cardholders can spend as much as they want every month. But that’s only the case if they can afford it. The Centurion® Card from American Express is a charge card, so cardholders can’t carry a balance.
How much money do you need for a black American Express card?
The American Express Black Card’s requirements are rumored to include being an Amex cardholder for at least a year, spending over $100,000 annually on American Express credit cards, and annual income of at least $1 million. You’ll probably need to have an excellent credit score, too.
What’s 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).
What is the highest American Express card?
The highest level American Express card is the Centurion card, which is also known as the ‘black card.
Does AMEX build credit?
Every month an open Amex account is used responsibly, positive information will be reported to the credit bureaus. … That said, any primary or additional cardholder who has only positive credit information reported monthly to credit bureaus can build excellent credit with enough time.
What is the minimum credit score for an American Express card?
Although American Express doesn’t specify any minimum credit score requirements, you’ll need good credit (or better) to qualify, which means a FICO score of at least 670. A premium Amex card — say, the American Express Gold Card — likely requires a “very good” FICO score, somewhere in the range of 740 and above.
How do you get American Express 75k gold?
You can currently qualify for a welcome bonus of up to 75,000 points on the American Express Gold Card after spending $4,000 within the first three months of card membership. That’s another 15,000 points more than the standard bonus and the highest offer we’ve ever seen for this card.
