How much do you have to spend to get a platinum 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.

Is a Platinum Card hard to get?

Yes, it is hard to get the American Express Platinum card because applicants need a 700+ credit score and a high income to qualify for approval. But if you have at least good credit and make a lot of money, you have a decent shot at getting approved.

What does it take to get a platinum credit card?

Is it worth getting the Platinum Card?

The Amex Platinum Card is only worth the annual fee if you'll use enough benefits to recoup the fee. You could easily offset the fee with the statement credits alone, but this card also offers the chance to earn boosted rewards on travel purchases, too.

Is Platinum Better Than Gold Card?

The Platinum Card® from American Express is the winner over the American Express® Gold Card. While it's a more expensive choice, the American Express Platinum card provides frequent travelers with a lot more value.

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What is higher than Platinum Card?

A platinum credit card is usually a bank's most expensive or the top-tier card, second only to a titanium, black or diamond card if offered by the bank. It is often in the form of a rewards credit card.

Can anyone get a Platinum Card?

Getting approved for the American Express Platinum is like any new credit card application. You have better chances with a credit score above 700, a clean credit history, and a low debt-to-income ratio. If you think you might have to work on these factors, take the time to improve your credit to enjoy the benefits.

Who is eligible for visa platinum?

Eligibility criteria & documents required

Copy of your latest salary slip, plus the last 3 months of bank statements showing salary credits if you are a salaried employee in a Private Limited Company. Proof of residence, identity and Permanent Account Number (PAN) card / Form 60.

Who can have a Platinum Card?

You will need a CIBIL score above 750 to be eligible for a platinum credit card. Since these cards have a higher credit limit, banks will thoroughly check your creditworthiness and previous credit behaviour.

Is black card better than platinum?

The American Express Black Card is an exclusive charge card offered to high-net-worth individuals (HNWIs) by invitation only. The American Express Platinum Card is one tier lower. Prospective cardholders may apply online and must meet minimum eligibility requirements.

Do Platinum cards have a limit?

If you have a Consumer or Business Green, Gold or Platinum Card, your Card does not have a credit limit. Instead, your Card has no preset spending limit unless you have been previously notified otherwise. No preset spending limit means the spending limit is flexible.

Is Platinum Card the highest?

If a reward credit card limits the number of points you can earn per statement or year, then a platinum card will have one of the highest caps. Introductory bonus point offers may differ between gold and platinum products, with platinum cards typically offering more bonus points when you sign up.

Who has platinum card in India?

American Express Platinum card is one of the super-premium or rather luxury credit cards in the Indian market. With a high annual fee of Rs.

What is the minimum salary for HDFC Platinum credit card?

On an average, income requirement is between Rs 1,44,000 and Rs 25,00,000 per annum for both salaried persons and self-employed. You may be asked to submit your latest Income Tax Returns copy as income proof.

Who is eligible for SBI Platinum Card?

Eligibility: Maintain AQB (Average Quarterly Balance) of Rs. 30 Lakhs and above across all deposits or Rs. 2 lakhs in Savings Bank Account and above or housing loan of Rs.

Is Platinum card invitation only?

What American Express cards have access to By Invitation Only? The By Invitation Only program is only available on the Amex Platinum card, Amex Business Platinum card, and Centurion card. It is not available on any other lower-end cards.

Is Visa Platinum better than Visa?

The Visa Platinum is the second tier of the four Visa credit card types. It's better than a Visa Classic but less luxurious than a Visa Signature or Visa Infinite. Most Visa Platinum cards require a credit score in the 600s. You might be able to qualify for some with a score in the very high 500s.

Is a Platinum Card better than diamond?

Choosing the best card depends on your needs and situation. If you're looking to pay off your debt over an extended period, then the Citi® Diamond Preferred® Card will suit you. If you also want to pay off significant purchases over 18 months without interest, the U.S. Bank Visa® Platinum Card is the best option.

What's so special about Platinum Card?

Frequent travelers will also appreciate that the Platinum offers the most comprehensive lounge access of any credit card, including a (now ubiquitous) Priority Pass Select membership, Amex's growing global collection of Centurion Lounges, Delta Sky Clubs when flying Delta, and Airspace and Escapes lounges.

Who has black card in India?

Among Bollywood biggies, Amitabh Bachchan is a black card holder. What does the black card offer, apart from a Rs 10-crore credit limit? Well, first, you have to shell out Rs 2 lakh as joining fee and Rs 2.5 lakh as annual membership charges.

What credit card do celebrities use?

If there's one card most associated with celebrities, it's the American Express Business Centurion Card, often referred to as the Amex Black Card. It's an invite-only card, and although you don't need to be famous to get it, the spending requirement for an invite is rumored to be at least $250,000 per year.

What is the highest credit card color?

Which is the most powerful card in India?

According to the premium features, benefits, and reward points, HDFC Regalia Credit Card is the best credit card in India. This credit card provides the best features for domestic and luxurious expenses. The card also offers 10X reward points with a waiver in fuel surcharge.

Which card is highest in India?

What is the highest limit of credit card in India?