Income Needed for an American Express Credit Card (2024)

FAQs

Income Needed for an American Express Credit Card? ›

American Express credit card approval odds are best for people with a good or excellent credit score of 700+, an annual income of $50,000+, and relatively little debt. Applicants will also need to be 18+ years old with a U.S. mailing address and an SSN or ITIN to get a American Express credit card.

American Express Rewards – £20,000. Business Gold – £20,000 (personal income, not company) The Platinum Card – £35,000. British Airways Premium Plus – £35,000.

The Amex Blue Cash Everyday has no disclosed minimum income requirement. However, as with any credit card, you will need to have sufficient income to afford payments. When applying, your total annual income may include wages, retirement income, rental properties and other personal income you can rely upon.

American Express hasn't published a minimum income requirement for the Amex Gold Card. Income is one of several components that Amex will consider when reviewing your application for the Amex Gold, and a relatively low income may be balanced out by a strong credit score and credit history.

To qualify for an American Express credit card, you need enough income to afford the monthly bill payments along with any annual fees. American Express does not disclose specific minimum income requirements for its credit cards, but the higher your income is, the more likely you are to be approved.

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.

Applicants must be 18 years of age or over, and earn a minimum income of $65,000 per annum to apply for the Qantas American Express Ultimate Card.

While there isn't a specific income requirement for a card, evaluating your access to income allows a bank to determine your credit health and whether or not they want to lend you money based on their confidence in your ability to make your payments.

The American Express Black Card income requirement is reportedly at least $1 million per year. It's rumored that you must also spend and pay off at least $350,000 across your American Express credit cards annually just to get an invitation to apply.

What's the easiest Amex card to get? ›

The Blue Cash Everyday® Card from American Express and the American Express Cash Magnet® Card are two of the easiest Amex cards to get approved for because they only require good credit. While the best American Express credit cards aren't that easy to obtain, there are several credit cards from other...

It is hard to get an American Express credit card because all cards offered by American Express require good credit or better for approval, which may be out of reach for the average consumer. Applicants need a 700 credit score and a steady income to have good approval odds for an American Express credit card.

Although Amex doesn't impose a hard rule like Chase's 5/24, the issuer is fairly restrictive regarding application rules and lifetime limitations on their cards.

There isn't a published income requirement for the Amex Platinum Card^®. However, income is a factor that's considered and having a higher income will help improve your approval odds.

While the terms and conditions of the American Express® Green Card do not disclose a specific minimum income requirement, the higher your income is, the more likely you are to be approved. Your income will also play a big part in determining your credit limit, with higher incomes generally leading to higher limits.

American Express doesn't disclose its minimum credit score requirements. However, premium cards like the American Express Gold card generally require good to excellent credit. According to Equifax, one of the three main credit reporting bureaus, that means you'll need a credit score of 670 or higher.

A credit score of 700 or higher (at least good credit) is required. Applicants must be at least 18 years old. A valid Social Security number is required. Or, if you don't have a credit history in the U.S. but you have a credit card or loan in certain countries, you might be able to get approved without a SSN.

There isn't a published income requirement for the Amex Platinum Card^®.

Although a credit score of 670 or higher is recommended to apply for The Platinum Card® from American Express, people have reported being approved with lower scores. There are no minimum income requirements available online, but there are approval reports from card members with annual incomes from $40,000 to $50,000.