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New Contributor
Aspireto850
Posts: 109
Registered: ‎08-12-2012

Requirements for Amex Plat

Hi All,

 

Im working on getting my score up, currently at 670, and am planning on app'ing for an Amex Plat or Green in the next several months. So I'm curious if any of you haveinfo on what scores would qualify me for the Amex Platinum?


Current: 12/6/12 708 Exp Fico
Goal Score: 740then Garden
Valued Contributor
jsucool76
Posts: 2,768
Registered: ‎12-11-2011

Re: Requirements for Amex Plat

From what I've read (though I'm definitely not an expert, some may have differing opinions), the requirements for charge cards (other than possibly the zync) don't differ that much. I've read that one of the big differences is really income. The plat may operate a little differently, but that's all I know :smileyvery-happy: 

Wallet: Capital One Cash Rewards 3500CL, Wells Fargo Cash Back College Visa: 900CL, Paypal Smart Connect: 1286CL, Walmart Discover: 2000CL, UPromise Mastercard: 1000CL, Chase Slate: 500CL, Discover IT: 1500CL, Citi Forward: 1500CL, Bank Of America Student Travel Rewards: 700CL
Valued Contributor
jamesdwi
Posts: 1,390
Registered: ‎09-16-2011

Re: Requirements for Amex Plat

Did you pay off your former AMEX charge off,  they have a long memory with an unpaid chargeoff your unlikely to get  a platimum card. 

 

don't forget you also receive a nice $450 AF if you are accepted and only 1 pts per dollar spent, unless you travel alot, the amex PR gold  has a much nicer rewards package. 

 

 


Wallet: FNBO DISC 11.9k Oregon Duck 5k, Chase CSP 10k, Freedom 3.3k & AMTRAK 4.6k & Slate 3.3k , AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Walmart 4.5k
Sockdrawer: Paypal Extras MC 6k, CapOne 2k, CapOne 750, Amazon 3.9k, Sams Club Discover 10k, Citi HHonors Gold 6k, Discover IT 6.5k and a nice stack of store cards.
Last APP 12/21//2013 no plans for new credit I think I have enough.
Established Contributor
Koop10010
Posts: 731
Registered: ‎02-15-2012

Re: Requirements for Amex Plat


jsucool76 wrote:

From what I've read (though I'm definitely not an expert, some may have differing opinions), the requirements for charge cards (other than possibly the zync) don't differ that much. I've read that one of the big differences is really income. The plat may operate a little differently, but that's all I know :smileyvery-happy: 


I'd be willing to bet that the underwriting criteria for Green, Gold and Platinum was identical.  The Zync with NPSL could be a touch easier, but is probably pretty much the same as well.  I'm not even sure income qualifications vary that much.  

 

To the OP, if you are going to go for an Amex charge card and want to the Platinum, go for it as I don't think it would make it easier going for Green.

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday
Frequent Contributor
OptimasPrime
Posts: 348
Registered: ‎08-17-2012

Re: Requirements for Amex Plat

If you qualify for a green you would most likely qualify for a plat as the underwriting is very similar if not identical

 

Willingness to pay a $450 af is the only real requirement afaik.

EQ 778 | TU 776
Barclay US Airways WMC 7.5k | BCE 5.8k | BofA Travel Rewards 9.1k | Chase Marriott Premier 13k | Citi TYP WMC 6.5k | Freedom Visa Sig 8k| Discover it 10k
Valued Contributor
CreditScholar
Posts: 2,277
Registered: ‎01-22-2012

Re: Requirements for Amex Plat

The Amex plat isn't that difficult to get approved for. In reality none of their charge cards are. If you have a 680-700 FICO, no major/recent baddies and a high income you'll be fine.
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Established Contributor
bettercreditguy1
Posts: 688
Registered: ‎02-11-2012

Re: Requirements for Amex Platinum

I was offered a pc from Gold to Platinum. After reviewing the benefits structure, Platinum benefits would not offset the increased annual fee for my use patterns.

Starting scores 01/ 02/2012 EQ 707 TU 733 EXP 735 (FAKO)
Updated scores 04/13/2014 EQ 792 TU 763 EXP 768 (Fico)


Remember the Three P's: Pay early in Full, Pay on Time, Patience
New Contributor
Aspireto850
Posts: 109
Registered: ‎08-12-2012

Re: Requirements for Amex Platinum

thanks everyone, I do travel alot so may go for the Amex PRG but gotta tell ya; there would be alot of satisfaction in getting back the Platinum I once had...Kinda lot an accomplishment.


Current: 12/6/12 708 Exp Fico
Goal Score: 740then Garden

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