In a Nutshell: The American Express Platinum card carries one of the highest annual fees for a card in its class and a rewards rate that pales in comparison to similar cards; however, you can't beat its extensive list of luxury travel perks, including access to exclusive Centurion lounges.
The Platinum Card® from American Express can help you travel in style with luxury benefits ranging from airport lounge access to an annual $200 airline fee credit — but it comes with a high $550 annual fee. ... Card members can recoup the cost with travel, shopping and food-related credits worth upwards of $500 annually.
The American Express Platinum card credit score requirement is 700 or higher. This means applicants need a good credit score or better to be approved for the American Express Platinum card in most cases.
Yes, Amex Platinum is hard to get approved for. It will be difficult for the average person to get Amex Platinum because of the card's 700+ credit score requirement and reportedly high income requirement.
Centurion® Card from American Express
Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
The Platinum card is great for people who love to travel. There are obviously many more perks that come with the Platinum card than with the Gold, especially when you consider the higher annual fee. Rewards can be used for merchandise, gift cards, dining, shopping, entertainment, or for use at the Amex travel website.
The Centurion® Card from American Express (Review) is generally considered the most expensive credit card; it charges a $10,000 initiation fee and a $5,000 annual fee. It's only available by invitation. The Mastercard® Gold Card™ (Review) is the priciest card that anyone can apply to thanks to an annual fee of $995.
The most exclusive credit card is the American Express Centurion Card, also known as the Amex Black Card. It is reportedly reserved for people who spend at least $100,000 per year, and an application is needed to apply.
What credit score does American Express MyCredit Guide provided? The score provided by American Express MyCredit Guide is the VantageScore® 3.0 credit score by TransUnion®.
One of the most prestigious travel credit cards you can own is The Platinum Card® from American Express. The Amex Platinum metal credit card is not only thick, but it comes with tremendous travel benefits and a nice welcome bonus. ... Visit americanexpress.com to learn more.
Because these cards don't have a preset limit, they will not impact your credit utilization rate (how much of your credit limit you use). But the card will still impact your credit score in other ways—including whether you pay your bill on time. This can be good news if you use a charge card for a large purchase.
The easiest way to get the fee waived is to call the number on the back of your card and request it. The fee will be waived for every year you remain on active duty. You get a number of shopping and travel benefits, including annual airline fee credits and monthly Uber credits.
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