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Updated February 16, 2018

American Express Platinum Credit Score: What You Need to Know

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The average The Platinum Card® from American Express cardholder has a great credit score. But credit requirements may not be as tough as you think. Find out how to improve your odds.

How to Get Approved for AMEX Platinum

The American Express Platinum has long been the premium travel reward card.

Surprisingly, for such a luxury card (with a $550 annual fee), the average cardholder credit score isn't quite as high as you would expect.

Read on for what you need to know about getting approved for the Platinum.

We'll explain more below. But first, let's highlight the current American Express Platinum promotions.

Earn 60,000 Bonus Points

Up to $200 in Annual Uber Savings

$200 Airline Fee Credit

Access Over 1,100 Airport Lounges

What credit score do you need to get an American Express? To be approved for American Express Platinum, you need an excellent credit score. An excellent score usually means around 720. However, because AMEX Platinum is a charge card, some applicants with lower credit scores could get approved with a strong history of making payments on time.

American Express Offers for New Customers: November 2018

ForCredit Card
TravelAMEX Platinum
Small BusinessSimplyCash Plus
Cash BackBlue Cash Preferred

Credit Score Needed for AMEX Platinum

There are multiple "credit scores" available. But in general, 720 is considered an excellent score. The AMEX Platinum usually requires excellent credit.

Since the AMEX Platinum is a charge card, you need to pay the balance in full each month. You are not getting a revolving credit line. This means it may be easier to qualify as long as you have a strong credit history.

The credit score is not the only thing that AMEX considers when reviewing your application. They will look at other factors as well.

American Express Platinum Application

Factors That American Express Considers

Many things are taken into account during the decision process. Consider these factors to help improve your AMEX Platinum approval odds:

Note: American Express has a Once per Lifetime rule. This means that if you have previously owned this card before, you will not receive another welcome bonus offer if you reapply and are approved for the same card again.

  • Your credit score: Banks will usually pull your credit report from a couple of the three credit bureaus (Equifax, Experian, and TransUnion), as your scores may be different across each bureau. AMEX usually pulls from Experian, so know your score from this report before applying.

  • Your payment history: The AMEX Platinum is a charge card, which means that you must pay your balance in full each month. Your payment history will tell AMEX whether you'll be capable of making your payments on time.

  • Your total open cards: AMEX doesn't have a 5/24 rule like Chase, but a lot of open cards could mean that you're not good at handling your money. Or that you open a lot of cards for the bonuses. Your chances may be lower if you've opened a lot of new cards recently.

    Note: American Express has a maximum limit as to the number of AMEX cards you can owe. Currently, the unofficial limit is 4 AMEX credit cards and 4 AMEX charge cards. Though AMEX says that approval really depends on your credit.

  • Average age of your accounts: This is a card for experienced credit card users. If your other card accounts are still pretty new, this doesn't give AMEX much info on whether you can handle your personal finances responsibly.

  • Your credit utilization: This means how much of a balance you're carrying compared to your total limit. Ideally, you should never go over 30%. A high percentage is a signal that your income does not support your spending. It's best if you apply for this card after you have paid off your balance on your other cards.

  • Your income: With an annual fee of $550, the Platinum is a luxury credit card targeted towards heavy spenders. AMEX may also look at your income to make sure it can support it, particularly if your credit score is lower. Most Platinum cardholders have higher incomes in the six digits. But your spending limit is determined based on your usual spending patterns, so people with lower salaries may get approved for this card too.

  • Prior relationship with AMEX: If you already own one of the AMEX credit cards, you could win some extra points. It could show AMEX that you can responsibly handle credit, which may make them more willing to issue you a charge card.

Ready to apply? Click here to visit American Express' secure website for the online application form, including the latest promotion.

If you think you may not meet any of these factors, it doesn't mean you can't get approved. Read on.

What Can You Do If You Don't Get Approved?

If you get a rejection, it may not be the end. Here are a couple of things you can do.

  • Work on building your credit: If you still get denied, or you know you're not quite there yet, then just work on building your credit.

    • Work on paying off the balances on your other credit cards. Don't miss or be late with any payments.
    • You can ask for credit limit increases on your other cards, which will help with the credit utilization ratio.
    • Consider applying for another AMEX credit card first. A prior relationship may help your odds.

Remember, you don't have just one chance. You can apply again after your credit has improved.

Note: You can usually only get approved for one AMEX credit card every 5 days, and two cards every 90 days. But this doesn't apply to the AMEX charge cards. You can potentially be approved for multiple charge cards at once.

The Platinum Card from American Express
Apply for The Platinum Card from American Express
At American Express' Secure Site
Card TypeAnnual Fee
Personal Charge Card

How Credit Score is Determined

© CreditDonkey

Your credit score is made up of five factors:

  • Payment history (35%): Do you pay your bills on time and do you have a balance?

  • Credit utilization (30%): How much credit you're using compared to what you've been given

  • Length of your credit history (15%): Length of time you've had credit accounts and activity

  • Types of credit (10%): What kind of credit you have (credit cards, car loan, student loan, etc.)

  • New credit (10%): # of new applications for credit or inquiries

Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on December 8, 2017. This content may have been updated on February 16, 2018. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check American Express website for updated information.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This site may be compensated through the Advertiser's affiliate programs.

More from CreditDonkey:

American Express Platinum Review: Is $550 Worth It?

Credit Card Promotions

American Express Credit Card Offers

American Express Membership Rewards Review

More Articles in Tips

The Platinum Card from American Express
Apply for The Platinum Card from American Express
At American Express' Secure Site
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
  • Go to issuer's official application, terms, and details
Introductory Bonus Reward PointsTravel RewardsAirline RewardsHotel RewardsPoint RewardsNo Pre-Set Spending LimitConciergeEventsCar Rental Insurance Extended WarrantyPurchase ProtectionReturn ProtectionTravel Accident Insurance$0 Fraud LiabilityIdentity Theft Assistance
Card TypeAnnual Fee
Personal Charge Card

Compare American Express Platinum to:

Compare AMEX Platinum Card vs American Express Gold Card

American Express® Gold Card

Compare AMEX Platinum Card vs Chase Sapphire Preferred

Chase Sapphire Preferred® Card

Compare AMEX Platinum Card vs American Express Business Platinum

The Business Platinum® Card from American Express

Blue Cash Everyday Review

If you want a cash back credit card with the same rewards categories year-round and no annual fee, then consider the Blue Cash Everyday® Card from American Express. Read on for the pros and cons.
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Credit Cards for International Travel

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About CreditDonkey®
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CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.