Question: What Is The Minimum Credit Score For American Express?

680

What credit score is needed for a American Express card?

Aim to get your credit score in the mid- to upper-600s if you want a basic, lower-end American Express credit card. And if you’re interested in the higher-value cards that carry big fees (but also offer big rewards, perks, and benefits)? You need good credit or something that hits at least 700.

Can I get an American Express card with bad credit?

It’s also available to people with bad credit, unlike anything Amex offers. None of the credit cards issued by American Express is especially easy to get because they all require a minimum of good credit. That means a score between 660 and 720, although a score of 700+ will give you the best chance.

Is it hard to get an American Express card?

Actually no. If you have a relatively clean recent credit history free of late payments, charge offs or liens, you may qualify for an Amex Card. The easiest Amex Cards to obtain would be the Green charge Card and the regular Blue Card (not Blue Cash) credit card.

Can you get a credit card with a 550 credit score?

The one thing anyone with a 550 credit score should do is open a secured credit card. For that, you’ll need an unsecured credit card for bad credit. Such cards aren’t ideal, as they charge high rates and fees while allowing you to borrow very little. But they might be your only option.

Does having an Amex help your credit score?

The answer is yes. Paying off your charge card bills each month will help you raise your credit score. So Amex would lower the application requirements on the credit history. If you think that your credit limit is too low for your spending, applying for a charge card might be a good way to solve the problem.

Is American Express easy to get approved for?

None of the credit cards issued by American Express is especially easy to get because they all require a minimum of good credit. That means a score between 660 and 720, although a score of 700+ will give you the best chance.

Is American Express for rich?

ELI5: Why is American Express considered a credit card for wealthy people, and why does it seem to be accepted at fewer places? As a business owner, I can attest to the fact that amex charges us a much higher percentage than visa/mc. With this in mind, if a customer says “do you accept amex?” the proper answer is yes.

What is the hardest credit card to get?

American Express Centurion Card

Which is better Amex gold or platinum?

Amex Gold is the cheaper option, charging $250 per year versus Amex Platinum’s $550. Amex Platinum has a bigger initial bonus: 60,000 points for spending $5,000 in the first three months (vs. 35,000 points for spending $4,000 in three months with Amex Gold). Platinum also provides more points on travel purchases.

What credit score is required for American Express?

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. The average applicant has a score of 715. Although, some applicants have been approved with a credit score as low as 643.

What FICO score does AMEX use?

Unlike some of those competitors, though, Amex will be providing its cardholders not just with an educational FICO score, but their Fico Score 8, the actual credit score the issuer uses to manage cardmembers’ accounts that is based on data from Experian, one of the three major credit-rating agencies in the US.

What credit score do you need for an Amex EveryDay card?

700 or above