How much do you need to make a year to get a platinum card?

How much do you need to make a year to get a platinum card? Salary Needed for Amex Platinum Credit Card There are no published salary requirements in order to qualify for The Platinum Card? from American Express. But the more you earn, the better. If you make nearly $100,000 a year and have good credit, you should have no issue getting approved.

Do credit card companies actually check your income?

Credit card companies ask for your income to determine whether to approve your application and, if so, the amount of credit to issue you. For example, a card issuer could decide that based on your income, it will approve you for a card with a credit limit of $1,000, or $5,000, or more.

Is Amex Platinum luxury?

Visit americanexpress.com to learn more. Our quick take: The Platinum Card® from American Express is the gold standard of luxury rewards travel cards, perfect for demanding travelers who place a high degree of value on perks like lounge access and complimentary elite status.

How much do you have to make a year for Amex Platinum?

Salary Needed for Amex Platinum Credit Card If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. However, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.

What annual income do you need for a platinum credit card?

Salary Needed for Amex Platinum Credit Card If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. However, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.

Is Amex Platinum still worth it?

IS IT WORTH IT? YES. Based on your spending, your estimated rewards on The Business Platinum Card® from American Express would make up for the annual fee.

Is a Platinum card impressive?

The Platinum Card is the cream of the crop when it comes to credit card perks, offering first-class travel benefits, top-notch rewards value and a treasure trove of bonus credits worth more than $1,000.

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.