American Express® Green Card Benefits and Requirements (2023)

FAQs

American Express® Green Card Benefits and Requirements? ›

The Amex Green card requirements for approval include being at least 18 years old with a valid Social Security number or Individual Taxpayer Identification number. Applicants must also have a physical U.S. address, enough income to make monthly minimum payments, and at least good credit (a credit score of 700+).

To qualify for the Amex Green card, you'll need to have a good to excellent credit score (a FICO score of 670 or higher).

The American Express Green Card has no preset spending limit and cardholders can choose to pay in full, use Plan It® to split up large purchases into monthly payments with a fixed fee (up to the Pay Over Time limit) or or carry a balance with interest on eligible charges.

American Express eligibility requirements:

Applicants must be at least 18 years old. A valid Social Security number is required. Or, if you don't have a credit history in the U.S. but you have a credit card or loan in certain countries, you might be able to get approved without a SSN.

Earn 20% Back on Eligible Travel and Transit

purchases made during your first 6 months of Card Membership, up to $200 back in the form of a statement credit. 20.99% to 28.99% variable APR on eligible charges.

Amex Gold vs.

Travel Benefits Winner: The Amex Green card is the winner for travel benefits since it includes credits toward airport lounges and expedited security. The Amex Green Card caters more to travelers and as such includes a few benefits that will improve your travel experience.

Which Amex card is the easiest to get? The easiest Amex cards to get are ones with a lower minimum spending requirement for rewards, as well as a low annual fee or no annual fee. Examples include the Blue Cash Everyday Card from American Express and the American Express Cash Magnet Card.

If the full balance due is not paid, the cardholder has to pay additional fees: interest on the balance due… which is very high (around 20%). Also, the CREDIT card has a limit, which is called the “credit limit”. At American Express, the minimum credit limit is $1,000.

No problem! Purchase lounge access through the LoungeBuddy app using the American Express^® Green Card and receive up to $100 in statement credits annually.

There is no spending limit with the Amex Black Card. However, balances must be paid off in full every month.

What income is needed for American Express? ›

If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.

However, you must fulfill the minimum annual income criteria for the American Express® credit card you are applying for. In general, you require a minimum income of Rs. 4.5 lakh or above if you are salaried, and Rs. 6 Lakh or above if you are self employed.

Although American Express doesn't specify any minimum credit score requirements, you'll need good credit (or better) to qualify, which means a FICO score of at least 670. A premium Amex card — say, the American Express Gold Card — likely requires a “very good” FICO score, somewhere in the range of 740 and above.

The Amex Gold Card Is a Better Fit for You

If you've weighed the benefits of each card and decided that the bonus categories and perks of the Amex Gold card are a better fit for you, then it might make sense for you to upgrade your Amex Green card to the Amex Gold card.

American Express® Green Card

Earn 60,000 Membership Rewards® Points after you spend $3,000 on purchases on your new Card in your first 6 months of Card Membership.

Upgrading an Amex Green Card to another Platinum is a great strategy if you want to collect a lot of Platinum cards. After you upgrade your Green card, you can open another Green card to maintain access to the great bonus categories offered by the revamp card.

If you want to upgrade or downgrade your Amex card, the next step to take is to call the issuer. Use the customer service number on the back of your credit card, and a representative will help. American Express also has a helpful online chat feature you can use to see about upgrading or downgrading your card.

The Amex Green Card is a travel card with a $150 annual fee. Here are the best card member perks that can make it worthwhile. The American Express® Green Card is a good card for traveling and dining out, but it comes with a $150 annual fee.

The hardest Amex card to get is the Centurion® Card from American Express. Also known as the “Black Card,” this Amex card is hard to get because it is available by invitation only, and potential candidates are rumored to need an annual income of at least $1 million.

What FICO score does Amex use? ›

We believe everyone should know their credit score and have the tools to understand it better. That's why we're giving you VantageScore^® 3.0 by TransUnion^®, and the key factors that affect your score for free, even if you are not an American Express^® Card Member.

Because Visa is offered by so many more card issuers than American Express, there are more types of Visa cards, so it's typically easier to get approved for a Visa card with a lower credit score than an American Express card.

Cardholders of The Platinum Card® from American Express (another high credit limit card), or any other type of Amex members, can try using the American Express Auto Purchasing Program, which connects you to dealers who accept American Express and let you charge $2,000 or more toward a car purchase on your Amex card.

In general, car dealerships accept credit cards. You might even be able to use a card to buy a vehicle. However, it's more likely that the dealership will take a credit card for a down payment or a part of the down payment up to a certain amount. For you, using a credit card is a convenience or maybe a necessity.

Unlike traditional credit cards, American Express cards do not have a regular APR or charge interest, as all balances must be paid in full each month.

The card's fresh design was created in part to draw environmentally conscious consumers. Unlike many of the high-end rewards cards that are made of metal, Green from Amex is made from 70% reclaimed plastic collected from beaches, islands and coastal communities, in partnership with Parley for the Oceans.

Travelers with The Platinum Card® from American Express, The Business Platinum Card® from American Express or the Centurion® Card from American Express receive complimentary access to any outpost within the Centurion Lounge network.

If you're a Platinum Card® from American Express cardholder, you get complimentary access to the Amex lounge networks on the day of your departure.

What Credit Card Do the Super Rich Use? The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.

How much do you have to make to get Amex's black card? There aren't any income requirements per se, but you most likely need to be a high spender on your Amex cards. If you're in the ballpark of $250,000 to $500,000 in annual spending across all your open Amex cards, you may qualify for the Centurion card.

What credit card has the highest credit limit? ›

The cards with the highest overall credit limits, Chase Sapphire Reserve® and Chase Sapphire Preferred® Card, are points cards, so they win this category as well. A few well-heeled applicants will qualify for six-figure limits, but most will qualify for limits closer to the $5,000 to $10,000 minimum.

What you should know about the American Express income verification process: If Amex does request proof of income, you'll receive a reference number either by mail or email. This number will give you access to the American Express income verification portal.

With Amex credit cards like The Platinum Card® from American Express, the application states that you can include “all income” available to you including “wages, retirement income, investments, rental properties, etc.” unless you are under the age of 21. In that case, you can only include your own income.

The most common reason you'll be denied an Amex card even with great credit is that you're already at their limit. Specifically, American Express tends to restrict each cardholder to a maximum of four "lending products" (that means revolving credit lines, like credit cards) and up to 10 charge cards.

The two most popular card issuers for applicants without an SSN are American Express and Citibank. These issuers also both offer cards outside the U.S. and if you have an open account with either issuer in another country, your foreign credit activity will be considered.

And while being unemployed won't necessarily bar you from getting a card, not having income could. The good news is that several types of non-wage income, like investment returns, child support, or Social Security payments might suffice.

Credit card issuers are more interested in your income than your job. They also look at your credit history, credit scores and existing debt. You can meet the income requirement even without a job by including on your application any income you have access to. Even if your income comes up short, rest easy.

American Express can help your credit score if you are the primary accountholder or an authorized user aged 18 or older on an American Express credit card or charge card account. For an Amex card to be good for your credit score, the account must be kept in good standing with on-time monthly bill payments.

Getting the Amex Gold Card isn't the easiest card to qualify for as you need good or excellent credit. That means having a minimum 670 FICO score and existing cards in good standing. Being an existing American Express cardholder can also make it easier to qualify.

The American Express credit score requirement is of at least 700, depending on the card. That means people with good to excellent credit are eligible to get approved for an American Express credit card.

Is Amex Green hard to get? ›

Your Amex Green card approval odds are best with a 700+ credit score. This means that you need at least good credit to get this card. You will also need and proof of a steady income.

To qualify for the Amex Green card, you'll need to have a good to excellent credit score (a FICO score of 670 or higher).

American Express developed their first paper charge card in 1958, gold card in 1966, green card in 1969, platinum card in 1984, and centurion card in 1999.

Amex Platinum ultimately offers more value, though. For example, its benefits include airport lounge access, while the Amex Gold Card's perks do not. When it comes to ongoing rewards on purchases, Amex Platinum has a higher maximum earning rate and better travel rewards. But Amex Gold provides more everyday value.

The American Express® Gold Card is the better card for people who spend a chunk of their budget at restaurants, too. Restaurant spending, which includes takeout and delivery, nets 4X points with the AmEx Gold; with the Blue Cash Preferred® Card from American Express, dining earns just 1%.

You may have heard of Amex's main three “colors” of personal cards: the American Express® Green Card, the American Express® Gold Card and The Platinum Card® from American Express.

With broad travel and transit categories, this is one of the best credit cards for travel purchases and dining expenses.

The American Express® Green Card's headline feature is its strong earnings of 3 points per dollar on travel and transit including flights, hotels, taxis, rideshare services, trains, parking and more, 3 points per dollar on eligible purchases at restaurants worldwide including takeout and delivery in the U.S. and 1 ...

Yes, Amex Blue Cash Everyday is hard to get because applicants need to have a credit score of 700 or higher to be approved for the card. Unless your credit score is at least good and you have a lot of income, it will be difficult for you to get approved for this card.

The most common reason you'll be denied an Amex card even with great credit is that you're already at their limit. Specifically, American Express tends to restrict each cardholder to a maximum of four "lending products" (that means revolving credit lines, like credit cards) and up to 10 charge cards.

Can I get an Amex card with a 650 credit score? ›

Although American Express doesn't specify any minimum credit score requirements, you'll need good credit (or better) to qualify, which means a FICO score of at least 670. A premium Amex card — say, the American Express Gold Card — likely requires a “very good” FICO score, somewhere in the range of 740 and above.

Salary Needed for Amex Platinum Credit Card

If you make nearly $100,000 a year and have good credit, you should have no issue getting approved. But, applicants with annual incomes as low as $40,000 have also been approved if they have a low debt-to-income ratio and pay their other credit cards in full every month.

Disadvantages of AmEx cards

One disadvantage of AmEx cards is that they charge both the seller and the buyer for processing a transaction. Since they do not rely on financial companies, such as Rupay, Mastercard or Visa, and have their own payment network, they charge additional fees on the transactions.

American Express is one of the leading card issuers in the United States. It's known for its top-notch customer service and some of the best rewards available. From ultra-elite business travel cards to everyday rewards, American Express has credit cards that are a good choice for many different types of cardholders.

The different fees often make or break a deal for a merchant. This is why many merchants, especially small businesses, don't accept American Express. American Express' interchange fee is just too high. Providers like Visa and Mastercard charge between 1.15% and 2.5%, while Amex charges merchants between 1.43% and 3.3%.

While American Express probably won't ask to verify your income, it's not a good idea to lie about your income on an application. In fact, providing false information on a credit card application is against federal law. Therefore, you're much better off being honest when applying for an American Express credit card.

Upon applying for a chosen Card, a soft inquiry will be made on an applicant's credit report and applicants will be told with 100% certainty if they are approved – without any impact to their credit score.

If your Card application was declined, we realize this may not have been the outcome you had hoped for. Please call us at 1-800-567-1083 if you'd like us to review our decision. Keep in mind that we cannot guarantee we will change our decision.

The current welcome offer is: Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.

The Amex Green Card is a travel card with a $150 annual fee. Here are the best card member perks that can make it worthwhile. The American Express® Green Card is a good card for traveling and dining out, but it comes with a $150 annual fee.