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.
The Amex Blue Cash Everyday requires a credit score of 700, at a minimum. That means applicants need good credit or better to get approved. If you don't know where you stand, you can check your credit score for free, right here on WalletHub. Other factors, such as credit history, existing debts and your general ability to make credit card payments will also be taken into consideration.
You can also visit the Amex pre-qualification web page and check whether you pre-qualify for the Amex Blue Cash Everyday or other offers. Just keep in mind that pre-qualification indicates good odds of approval, but it doesn't guarantee it. Checking for pre-qualification only triggers a soft pull on your credit report, so your credit score won't be affected.
This answer was last updated on 01/15/24 and it was first published on 08/09/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
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.
What is the minimum income for Amex Blue Cash Everyday? ›
While the terms and conditions of the Blue Cash Preferred® Card from American Express do not disclose a specific minimum income requirement, the higher your income is, the more likely you are to be approved.
Does Amex have a minimum income requirement? ›
While there is no official minimum salary requirement for a credit card, issuers are still required to ensure that applicants can afford monthly payments. As a result, your chances of approval are better with a higher income.
Is it hard to get approved the Amex Blue Cash Everyday? ›
The recommended credit score for the Amex Blue Cash Everyday is a good to excellent FICO score (670 to 850). However, you may have a better chance of qualifying for the card if you have at least a very good FICO score (740 to 799).
Does Amex actually 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.
What is the highest limit for American Express Blue Cash Everyday? ›
Credit limit
Credit limits on the Blue Cash Everyday® Card from American Express can range from $1,000 to $40,000 or more. When you're approved for this card, American Express sets a credit limit based on your income and overall creditworthiness.
What is the easiest American Express 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...
How much do I have to earn for Amex? ›
American Express Rewards – £20,000. Business Gold – £20,000 (personal income, not company) The Platinum Card – £35,000. British Airways Premium Plus – £35,000.
What is the minimum FICO for Amex? ›
To give yourself the best chance of being approved, you'll want a credit score of at least 670.
What income level is needed for Amex Platinum? ›
Of course, if a card has a high annual fee, one could assume that there's some serious eligibility requirements for The Platinum Card® from American Express, but that's not the case here. There is no income requirement, instead all you need is a fair to good credit score.
It is hard to get the Amex Blue Cash Everyday Card because you need a good to excellent credit score (700-850) to have good approval odds. You also need to have a steady income, be at least 18 years old, and have an SSN or ITIN if you want to get the Amex Blue Cash Everyday Card.
What is the difference between AmEx EveryDay and Blue Cash EveryDay? ›
The biggest difference between the Blue Cash Everyday and Amex EveryDay is that the Blue Cash card earns cash back in the form of Reward Dollars, which can be redeemed as statement credits. Meanwhile, the Amex EveryDay earns American Express Membership Rewards points.
Is the Blue Cash Card worth it? ›
The Blue Cash Everyday Card from American Express is worthwhile if you want to earn excellent cash back in common categories, such as U.S. supermarkets, U.S. gas stations and U.S. online retail shopping without paying an annual fee.
Does Amex check personal income? ›
Financial information: including your annual personal income and any other household income, your employment status and employer contact details, as well as how long you've been with your bank or building society.
Why does Amex want me to update my income? ›
You should update your income with your credit card issuer if it has increased since you applied for your card. If your income has gone down, then it's better not to update it with your card issuer. Here's why: Credit card issuers use your income to determine your card's credit limit.
Why does American Express keep asking for my income? ›
Re: American Express continues to ask for my income
The Credit Card Act of 2009 included a requirement that credit card issuers take steps to verify consumers' ability to pay, including asking for income.
Does American Express Blue Cash have to be paid in full every month? ›
American Express Blue gives you flexibility. You can pay off your balance in full each month. Or pay the minimum amount due and pay the rest back over time.
What is the minimum income for the Amex Black Card? ›
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.
How much credit do you need for American Express Blue Cash Card? ›
Credit score required for the Blue Cash Preferred
Amex recommends having "good to excellent" credit to apply for the card, which means you should aim for at least a 670 score. However, we recommend a 700+ credit score for increased chances of getting approved.
How is Amex minimum calculated? ›
The American Express minimum payment is the highest of: The interest charged on your statement, plus 1% of your new balance (excluding any overlimit amount, penalty fees, interest charges, or other plan balances).
