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How much is an Amex Platinum Card?

by Michael Hyatt
2023-01-25
in invest
Amex Platinum Annual Fee and Suite of Credits and Benefits. The Platinum Card has a $695 annual fee. Though the fee is paid once a year, the math works out to about $58 a month. At the same time, the Platinum Card can help you get access to over $1,500 value in benefits.

Table Of Contents:

  1. Can I buy a car with my Amex Platinum?
  2. What is the minimum income for Amex?
  3. Does Amex Platinum have 10x restaurants?
  4. How much do you need to make for Amex Gold?
  5. How much is an Amex Platinum Card?Is Amex blue or gold better?
  6. Why do people like Amex so much?
  7. How much is an Amex Platinum Card?What is the highest Amex card?
  8. How much interest does Amex charge?
  9. Learn about amex in this video:
  10. How much is 150000 Amex points worth?
  11. What is AmEx minimum payment?
  12. Can you get an Amex with low credit?

Can I buy a car with my Amex Platinum?

Cardholders of The Platinum Card® from American Express (another high credit limit card), or any other type of Amex members, can try using the American Express Auto Purchasing Program, which connects you to dealers who accept American Express and let you charge $2,000 or more toward a car purchase on your Amex card.

What is the minimum income for Amex?

Salary Needed for Amex Platinum Credit Card If you make near $100,000 a year and have good credit, you should have no issue getting approved. But, 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.

Does Amex Platinum have 10x restaurants?

American Express is offering a new sign up bonus on the Platinum personal card: Get 125,000 points signup bonus when spending $6,000 within 6 months. 10x points per $1 spent at restaurants worldwide on up to $25,000 in spend within your first six months month (that’s 9x bonus points on top of the standard 1x point)

How much do you need to make for Amex Gold?

This requires more work and even more spending — approximately $6,250 to $25,000 in purchases is required to offset the annual fee, depending on the categories you spend in. The quickest way to recoup the Amex Gold’s annual fee is to spend a combined $6,250 at U.S. supermarkets and restaurants.

How much is an Amex Platinum Card?Is Amex blue or gold better?

The Gold card has higher point-earning potential on dining out and spending on flights booked through the Amex Travel portal, while the Blue Cash Preferred® has the advantage in higher points earned in U.S. supermarket spend, streaming subscriptions, transit purchases, and at U.S. gas stations.

Why do people like Amex so much?

Amex is so popular because it offers high-end credit cards with great rewards and luxury perks, which have become status symbols in popular culture over time.

How much is an Amex Platinum Card?What is the highest Amex card?

The highest level American Express card is the Centurion card, which is also known as the ‘black card.

How much interest does Amex charge?

Card New purchase APR
The Platinum Card® from American Express 16.74% – 23.74% variable
American Express® Gold Card 16.74% – 23.74% variable
Blue Cash Everyday® Card from American Express 14.74% – 24.74% variable

Learn about amex in this video:

How much is 150000 Amex points worth?

The Amex Platinum’s 150,000- or 125,000-point welcome bonus through CardMatch is, quite simply, spectacular. Based on TPG’s current valuation of 2 cents per Membership Rewards point, the 150,000-point welcome bonus alone is worth $3,000.

What is AmEx minimum payment?

How much is the American Express minimum payment? The minimum payment for an American Express credit card is generally $35 or 1% of your balance, plus fees and interest, whichever is higher. Cardholders can always find their required minimum payment listed on their monthly account statement.

Can you get an Amex with low credit?

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.
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