Is Amex considered prestigious?
Is Amex considered prestigious? The American Express Platinum card is a prestigious credit card because it's a metal card meant for big spenders with good credit or better who travel often and can take advantage of generous perks.
Is Amex Platinum a rich card?
The American Express Platinum card caters to high-spenders who travel frequently and want a wide range of luxury travel perks and lifestyle benefits. You'll need a high income and at least good credit to qualify.
Is Amex considered a luxury card?
Yes, the American Express® Gold Card is considered a luxury card since it's a metal card with premium rewards on dining, groceries, and travel.
Why is Amex not accepted in UK?
Because American Express charges companies big fees. And retailers would sooner not give away so much of their profit to a card company, especially when almost everyone in the UK who has Amex also has some other way to pay so it's not like retailers lose the sale over it generally.
Is American Express more prestigious than Visa?
American Express and Visa are both major credit card networks, but they're certainly not the same. Using an American Express card, or Amex card, can imply a certain level of prestige and exclusivity. Amex cards often earn big rewards and, in some cases, come with ultra-high annual fees.