- Can I carry a balance on Amex Platinum?
- Will American Express forgive a late payment?
- Does American Express reimburse for clear?
- Do all American Express cards have purchase protection?
- What credit score do I need for Amex Platinum?
- What is the most prestigious credit card?
- What happens if you don’t pay Amex Platinum in full?
- What happens if you dont pay your Amex?
- Is Amex Platinum free for veterans?
- Why do shops not take American Express?
- What is the limit on Amex Platinum card?
- How do I get an Amex Platinum 100k offer?
- Is it worth getting AMEX Platinum?
- Do all American Express cards offer extended warranty?
- Does American Express cover trip cancellation?
- Do you get free travel insurance with American Express?
- Does my Amex Platinum cover rental car insurance?
- What is the fee for American Express Platinum?
- What is the hardest credit card to get?
- What is better Chase Sapphire reserve or Amex Platinum?
- Does Amex Platinum have trip insurance?
- Is Amex platinum hard to get?
- Is platinum Amex better than gold?
- Which credit card has the best purchase protection?
- What does American Express Purchase Protection Cover?
- Does American Express Platinum cover lost items?
- How do I get my AmEx Platinum fee waived?
Can I carry a balance on Amex Platinum?
The AMEX Platinum card is a charge card, meaning you can’t carry a balance to the next billing period.
You have to pay your card balance in full every month..
Will American Express forgive a late payment?
To ease the financial hardship and difficulties many Americans are already facing, Amex is waiving interest and late payment fees for both its personal and business cardholders. … Amex cardholders can reach out to the team of Customer Care Professionals by calling the number on the back of their credit cards.
Does American Express reimburse for clear?
Does The Platinum Card® from American Express come with CLEAR? Unfortunately the Amex Platinum card does not come with complimentary or discounted CLEAR membership. The card does offer a statement credit for Global Entry or TSA PreCheck fee reimbursement.
Do all American Express cards have purchase protection?
Currently, all American Express cards provide purchase protection on eligible items bought with their card for up to 120 days from the date of purchase if it is stolen or accidentally damaged. Beginning Jan 1, 2020, that protection will drop to 90 days from the date of purchase.
What credit score do I need for Amex Platinum?
700The Amex Platinum credit score requirement is 700 or higher for good approval odds. Applicants need a good credit score or better to be approved for the American Express Platinum Card in most cases.
What is the most prestigious credit card?
American Express Centurion CardWhy It’s One of the Most Exclusive Credit Cards: The most exclusive, prestigious credit card is without a doubt the American Express Centurion Card, otherwise known as the Amex Black Card….Centurion® Card from American Express.Purchase intro APRTransfer intro APRRegular APR$50001 point / $1Excellent2 more rows
What happens if you don’t pay Amex Platinum in full?
Amex Platinum is a charge card, which means the entire regular balance must be paid in full each month. American Express will charge a late fee of $29 the first time you fail to make at least your Amex Platinum minimum payment on your Pay Over Time balance by the due date.
What happens if you dont pay your Amex?
If you don’t pay your credit card bill, expect to pay late fees, receive increased interest rates and incur damages to your credit score. If you continue to miss payments, your card can be frozen, your debt could be sold to a collection agency and the collector of your debt could sue you and have your wages garnished.
Is Amex Platinum free for veterans?
Due to military financial protections, American Express waives the annual fee on many credit cards for active members of the military. That includes Amex’s premier The Platinum Card® from American Express—which typically charges a $550 annual fee (see rates and fees).
Why do shops not take American Express?
Lee Boyce of This is Money replies: The Amex card doesn’t seem to be a popular choice amongst retailers and merchants. … So it seems, Amex charges retailers more on the basis that it gives them access to cardholders information and because American Express members spend more money.
What is the limit on Amex Platinum card?
a $5,000You’ll get at least a $5,000 credit limit with this card, and some people report a high limit of $100,000. The annual fee is $95.
How do I get an Amex Platinum 100k offer?
There are 2 main ways to find your Amex Platinum 100k-125k welcome bonus:Use the CardMatch Tool (best & fastest option) – there’s no credit pull to check to see if you have a 100,000 – 125,000 bonus offer.Get a targeted mailing.
Is it worth getting AMEX Platinum?
The card comes with a $200 Uber credit, $200 airline incidental credit, and $100 Saks Fifth Avenue credit — which effectively cancel out much of the annual fee. … Given the number of luxury benefits you receive from having the card, if you can afford the annual fee, then yes the Amex Platinum card is definitely worth it.
Do all American Express cards offer extended warranty?
Blue Cash Preferred Card from American Express Currently, most Amex cards will match the manufacturer’s warranties of one year or less and extend manufacturer’s warranties of two to five years by one year. However, select no-annual-fee cards no longer offer any extended warranty coverage as of Jan. 1, 2020.
Does American Express cover trip cancellation?
Trip cancellation and interruption insurance coming to premium Amex cards. … In the event that your flight is canceled for a covered reason, you’d be eligible for up to $10,000 per trip to reimburse nonrefundable travel expenses (like a prepaid hotel), up to $20,000 per account for each 12-month period.
Do you get free travel insurance with American Express?
Travel with peace of mind with an American Express credit card that offers complimentary travel insurance. … American Express provides a wide range of complimentary insurance options on its credit cards, including cover for international and domestic trips.
Does my Amex Platinum cover rental car insurance?
Amex Platinum car rental insurance covers cardholders for up to $75,000 in collision damage and theft for vehicles rented with the Amex Platinum credit card or American Express rewards points. … To make a Platinum Card rental car insurance claim, call 1-800-338-1670 within 30 days of a covered incident.
What is the fee for American Express Platinum?
a $550The Platinum Card from American Express has a $550 annual fee, but for many travelers the card’s benefits will more than offset the annual fee.
What is the hardest credit card to get?
American Express Centurion CardWhy it’s one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.
What is better Chase Sapphire reserve or Amex Platinum?
One key difference is that the Platinum Card earns points in the Amex Membership Rewards program, which has 19 airline transfer partners and three hotel transfer partners. Meanwhile, the Chase Sapphire Reserve® earns points in the Chase Ultimate Rewards program, which has 10 airline partners and three hotel partners.
Does Amex Platinum have trip insurance?
American Express Platinum trip cancellation insurance covers non-refundable travel expenses purchased with Amex Platinum, up to $10,000 per trip and $20,000 every 12 months, if a cardholder has to cancel because of unforeseen events.
Is Amex platinum hard to get?
The Amex Platinum can be a hard credit card to get. It does have a high annual fee of $550 (See Rates & Fees). … Some experts recommend waiting two years to apply for the Amex Platinum after you get your first credit card. It largely depends on your credit history.
Is platinum Amex better than gold?
The American Express Gold Card also is the better choice for people who spend a lot on dining. On the other hand, the American Express Platinum Card tops Amex Gold in terms of total rewards value. Amex Platinum offers more bonuses and also provides more points on travel purchases.
Which credit card has the best purchase protection?
Credit card purchase protection covers eligible items against damage and theft in the months after you buy them….Best Credit Cards for Purchase Protection.RankCardsWalletHub ScoreT – 1J.P. Morgan Reserve95.00%T – 2Platinum From American Express92.00%T – 2Gold Card from American Express92.00%3U.S. Bank Altitude Reserve Visa Infinite® Card91.00%1 more row•Nov 12, 2020
What does American Express Purchase Protection Cover?
Purchase Protection is included in many U.S. American Express Cards at no additional cost to the cardholder. This benefit covers eligible items purchased with an eligible American Express card against damage or theft. Coverage applies for 90 days after purchasing the item.
Does American Express Platinum cover lost items?
Amex Platinum purchase protection insures items bought with an Amex Platinum card up to $10,000 per incident and $50,000 per year. If an eligible item is lost, broken, or stolen within 120 days of the purchase date, Amex may reimburse its value. Authorized users are also covered, as long as they’re U.S. residents.
How do I get my AmEx Platinum fee waived?
To get American Express Platinum’s annual fee waived, call the American Express retention department at 1 (800) 452-3945. State that you’re considering cancelling or switching cards because of the high annual fee.