Is American Express for rich?

 

americanexpress card

American Express Company is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.

Customer service: 1800 419 2122

CEO: Stephen Squeri (1 Feb 2018–)

Owner: Berkshire Hathaway

Stock price: AXP (NYSE) $154.15 +0.21 (+0.14%)

25 Nov, 1:02 pm GMT-5 - Disclaimer

Revenue: 4,366 crores USD (2021)

Headquarters: New York, New York, United States

Founded: 18 March 1850, Buffalo, New York, United States

Founders: William Fargo, Henry Wells, John Butterfield

Why is it so hard to get an American Express?

It's generally 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.

What do American Express do?

American Express Company, American financial corporation that primarily issues credit cards, processes payments, and provides travel-related services worldwide.

Is an American Express card worth it?

Yes, an American Express card is worth it for people with good or excellent credit scores who want to earn rewards on U.S. purchases that they'll pay for in full by the due date every month. An Amex card may also be worth it for people who want an introductory low-interest period in addition to rewards.

Why American Express is so special?

American Express is special because it is a luxury credit card brand, known for offering elite rewards and having exclusive approval requirements. American Express also is among the country's largest credit card issuers by purchase volume, and it is one of the four major payment networks.

Is American Express for rich?

No,. American Express is not specifically for rich people, even though it does have a high level of status in many people's minds. Applicants need good or excellent credit scores of 700+ to qualify for Amex credit cards, and you don't need to be rich to have a good credit score.

How much income do you need for Amex Platinum?

Annual income of $100,000 or more. Aged 18 years or over

What is the minimum payment for Amex?

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)

Where is American Express not accepted?

Countries Where American Express is Accepted Most: Canada, Australia, UK, India, Singapore. Places Where American Express is Not Accepted: Cuba, Sudan, South Sudan, Iran, Syria

Is Amex platinum a heavy card?

Most widely available premium rewards cards are 12 grams or heavier. The Platinum Card® from American Express weighs 18.5 grams, while the Chase Sapphire Reserve® weighs 12.6 grams. How much does the AmEx Platinum weigh? The Platinum Card® from American Express weighs 18.5 grams.

Does Amazon take American Express?

Amazon Pay accepts credit and debit cards. Credit cards currently accepted include Visa, Mastercard, Discover, American Express, Diners Club, and JCB. The Amazon.com store card is available for use with selected merchants.

Which banks work with American Express?

Several banks and credit unions offer American Express credit cards, including the U.S. Bank, USAA, Navy Federal and American Express itself, among others. However, third-party-issued Amex cards aren't all that common because American Express is both a card issuer and a card network

Does McDonald accept American Express?

You can register Visa, MasterCard, American Express and Discover. Payment cards registered must be issued by a U.S. bank. If you have an iOS device, and your card is registered to your Apple Wallet, Apple Pay will automatically display as a payment option within the McDonald's app.

Does Netflix accept American Express?

Netflix will accept all credit cards, including Visa, Mastercard and American Express

Does Louis Vuitton accept Amex?

Payments are accepted via Apple Pay, credit card, debit card or PayPal (except for Monaco) with a valid billing and shipping address. Accepted credit cards are Visa, American Express, Mastercard, Ideal, Bancontact and Sofort.

Does Disney plus accept Amex?

The Platinum Card® from American Express is the gift that keeps on giving. Cardholders now have the option of free or discounted access to 3 additional digital entertainment channels: Disney+, ESPN+, and Hulu.

Does target accept Amex?

Target stores

Third-party Credit Cards: Visa®, Mastercard®, Discover®/Novus®, American Express®, credit cards from foreign banks (JCB Japanese Credit Bureau), Diner's Club International, and FSA/HSA cards are redeemable for FSA/HSA eligible items. Debit/ATM and EBT Cards: U.S.-issued debit/ATM cards.