Are Amex Platinum card holders rich?


Are Amex Platinum card holders rich? While American Express (Amex) is often associated with luxury and high-end spending, it is not exclusively for the rich. Despite having a high status in many people's eyes, all you need for an Amex card is a good credit score.


Is Amex gold above platinum?

Both Amex Gold and Platinum offer a range of benefits, with the Gold card catering more to everyday spending and the Platinum card designed more for travelers. The Platinum card has more benefits, but it's annual $695 fee is higher than the Gold card's $250 fee.


Is 3 credit cards too many?

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.