What credit score is needed for an American Express card?

Michael Battle, WalletHub Credit Card Analyst

The American Express credit score requirement is of at least 700, depending on the card. That means people with good to excellent credit are eligible to get approved for an American Express credit card.

Can I get an Amex card with a 650 credit score?

This means you need a credit score of at least 700. If you're hovering around the 700 mark, it may be best to wait to apply when your score increases as the average applicant has a score of 715. Although, some applicants have been approved with a credit score as low as 643.

Which is the easiest Amex card to get?

When applying for the Amex Blue Card, try to have a good credit score, which is a FICO® Score of 670 or above. This is one of the easiest Membership Rewards cards to open, and even consumers with average credit scores have a decent chance of approval.

Is it hard to get a American Express card?

Yes, it's hard to get an American Express card because they all require good or excellent credit for approval. But American Express isn't the only credit card company to target people in the highest tiers of the credit score scale. Barclays and Wells Fargo do too, for example.

Which FICO score does Amex use?

We believe everyone should know their credit score and have the tools to understand it better. That's why we're giving you VantageScore^® 3.0 by TransUnion^®, and the key factors that affect your score for free, even if you are not an American Express^® Card Member.

American Express Platinum Approval Odds - What Credit Score Needed for Amex Platinum Credit Card?

Can I get an American Express card with a 600 credit score?

Michael Battle, WalletHub Credit Card Analyst

The American Express credit score requirement is of at least 700, depending on the card. That means people with good to excellent credit are eligible to get approved for an American Express credit card.

What credit cards can I get with a 600 FICO score?

What is the minimum income for American Express?

We recommend that your annual income be at least $50,000 or higher before applying for the Amex Platinum. The Amex Business Platinum card gives you a little more wiggle room because even if you have low business income or are just starting your business, you can still qualify for an Amex small business card.

What is the minimum salary for Amex credit card?

However, you must fulfill the minimum annual income criteria for the American Express® credit card you are applying for. In general, you require a minimum income of Rs. 4.5 lakh or above if you are salaried, and Rs. 6 Lakh or above if you are self employed.

What is the average income of an American Express card holder?

The Centurion Card is often referred to as “the Black Card,” and it's invitation-only. According to this, the average Centurion reader (and therefore average Amex Centurion cardmember): Has a net worth of $11.4 million. Has a household income of $1.8 million.

How do you qualify for American Express?

Anyone can be eligible for American Express cards if they are at least 18 years old and have a Social Security number and a U.S. street address. Amex applicants should also have more income than monthly expenses and a credit score of 700 or higher, as Amex cards require good or excellent credit for approval.

Is Amex a high end card?

The American Express Black Card is a high-end, exclusive charge card that is available to individuals on an invitation-only basis. Consumers may qualify for the American Express Platinum Card based on their credit score and income.

Does everyone get approved for Amex?

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.

Can I get a credit card with a 512 credit score?

It is 188 points away from being a “good” credit score, which many people use as a benchmark, and 128 points from being “fair.” A 512 credit score won't knock any lenders' socks off, but it shouldn't completely prevent you from being approved for a credit card or loan, either.

Can I get a credit card with a 588 credit score?

Your score falls within the range of scores, from 580 to 669, considered Fair. A 588 FICO^® Score is below the average credit score. Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications.

What credit cards can I get with a 690 credit score?

Does American Express verify income?

They will request tax returns and bank statements. What they're looking for is to make sure the income you reported on the application is true. The process typically takes 2-3 weeks, and you're assigned a specialist to talk to.

Does Amex hurt your credit?

In many ways, this means that charge cards share one of the best benefits of business credit cards, namely that purchases you make don't directly affect your personal credit report. Note that Amex will still report your statement balances to the credit bureaus, even if they don't affect your credit score.

What bureau does Amex pull?

American Express appears to primarily pull credit reports from Experian, but this doesn't mean it doesn't occasionally pull from one or both of the other major consumer credit bureaus as well.

What is the highest Amex card?

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 invitation is needed to apply.

What raises credit score?

Factors that contribute to a higher credit score include a history of on-time payments, low balances on your credit cards, a mix of different credit card and loan accounts, older credit accounts, and minimal inquiries for new credit.

What's the limit on Amex gold card?

Does the American Express Gold Card have a limit? The American Express® Gold Card has no preset spending limit, which reflects its origins as a charge card — a card that requires you to pay your bill in full every month.

Can I get a Walmart credit card with a 520 credit score?

The Walmart Credit Card credit score requirement is 640 or higher. That means people with fair credit or better have a shot at getting approved for this card. The Walmart® Store Card also requires at least fair credit for approval.

What is the lowest credit score for Amazon credit card?

Can I have 2 Capital One credit cards?

Number of Cards

Capital One will allow you to have only two of its personal credit cards open at once. This is a hard rule and cannot be overridden. This does not apply to Capital One's co-branded store cards, but these are not the types of cards we typically look at to maximize travel rewards.