Quick Answer: What Credit Score Does American Express Use?

How do you get approved for Amex?

To be approved for the Amex Platinum, you need to have a good or excellent 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..

Who does American Express use for credit check?

ExperianAmex primarily pulls Experian, though sometimes Equifax or TransUnion reports. Chase favors Experian, but may also buy Equifax or TransUnion reports.

Is AMEX hard to get?

It’s harder to get an American Express card than it is to get a credit card from many other major issuers simply because all of Amex’s credit card offers require good or excellent credit for approval. … And some of Amex’s premium cards for big-spenders, which can be relatively difficult to get, have high fees.

What credit card do billionaires use?

1. Chase Sapphire Reserve® Regarded as one of the best premium travel cards on the market, the Chase Sapphire Reserve® is in the pockets of millionaires and more modest cardholders alike.

How can I raise my credit score 100 points?

Steps Everyone Can Take to Help Improve Their Credit ScoreBring any past due accounts current.Pay off any collections, charge-offs, or public record items such as tax liens and judgments.Reduce balances on revolving accounts.Apply for credit only when necessary.

Is Amex Platinum better than black?

Platinum: An Overview. Founded in 1850, American Express (AXP) is a financial services company that is best known for its line of traveler’s checks, credit cards, and charge cards. … The American Express Black card is a high-end, exclusive charge card that is only available to individuals on an invitation-only basis.

Is AMEX prequalify accurate?

Re: How accurate is AMEX Pre-Qualify? It’s very solid, provided you’ve never burned AmEx or IIB. As long as it displays that “you’re pre-approved” for it, you can give it a whirl.

What is the easiest AMEX to get approved for?

The USAA Secured American Express Card is the easiest American Express card to get. It’s issued by USAA, but it’s on the Amex card network, which means you can use it anywhere Amex is accepted. It’s also available to people with bad credit, unlike anything Amex offers.

Is American Express for rich?

With no annual fee and unlimited 1.5% cash back on everything else, the Chase Freedom Unlimited rewards card is one of the most popular cards for frugal rich people. …

Is AMEX prestigious?

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. But, the Amex Platinum has a high annual fee of $550 (See Rates & Fees).

Does Amex verify income?

It is not very likely that Amex will ask for your income verification (unless you put like $200k on your application). So just include your household income (including your parents if they agree) as taxable and any scholarships and financial aids as non-taxable income.

What credit score does American Express require?

750 or higherApplicants need a credit score of 750 or higher to have good odds of being approved for an American Express credit card that requires excellent credit.

Is AMEX good for credit score?

Related: What is a good credit score? … Cards like the Amex EveryDay® Preferred Credit Card from American Express and Blue Cash Preferred® Card from American Express usually recommend a 670+ score. However, there is anecdotal evidence of scores in the lower 600s being approved.

What is the hardest credit card to get?

American Express Centurion CardWhy 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.

What’s higher than a black card?

The Mastercard® Gold Card™ is the highest-end card offered by Luxury Card, which offers three metal rewards cards. The other two are the Mastercard® Black Card™ (Review) and the Mastercard® Titanium Card™ (Review).

Can I get a credit card with a 450 credit score?

A 450 credit score is a bad credit score, unfortunately, as it’s a lot closer to the lowest score possible (300) than the highest credit score (850). … As a result, a 450 credit score will make it difficult to qualify for a loan or unsecured credit card.