What is the minimum salary for American Express credit card?
What is the minimum salary for American Express credit card? American Express does not disclose specific minimum income requirements for its credit cards, but the higher your income is, the more likely you are to be 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.
What are the negatives of American Express?
The downsides of American Express cards can include their annual fees. The Platinum Card® from American Express has a very high annual fee of $695 (Rates & Fees), and even the American Express® Gold Card has an annual fee of $250 (Rates & Fees). Another downside is the once-in-a-lifetime policy for welcome bonuses.