What are the best American Express Platinum card benefits?

American Express points are worth 0.67 cents per point, on average. The value of American Express points depends on how you choose to redeem the points. For example, points from American Express are worth up to 0.77 cents each when redeemed for travel through the Membership Rewards program, and they are worth 0.6 cents each when redeemed for cash back. … read full answer

American Express Points Value by Redemption Method

Popular American Express Cards

• American Express® Gold Card
• The Platinum Card® from American Express
• American Express® Green Card
• American Express® Business Gold Card
• The Blue Business® Plus Credit Card from American Express
• The Business Platinum Card® from American Express

Tips for Maximizing the Value of American Express Points

Redeem Points for Travel.

American Express points are worth the most when redeemed for travel.

Redeem American Express points regularly.

American Express points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won't get to enjoy the fruits of your spending if you don't redeem.

Keep your account in good standing.

If American Express closes your account because of a failure to pay the bill or fraudulent activity, you'll lose any unredeemed points you have saved. And if you pay late, you might have to pay a fee to get back the points from that billing period.

Redeem before closing your account.

Any points you don't redeem before closing your account will be lost, unless you keep another American Express credit card account open.

American Express Platinum card income requirements aren’t public knowledge, but applicants with an annual income of $100,000 and above tend to have the best odds of approval, according to anecdotal evidence. Some forums, however, report people getting the Platinum card with an annual salary of $40,000-$50,000.

Officially, Amex just requires that applicants demonstrate an ability to afford the card’s $695 annual fee and pay the entire balance in full, when applicable. Generally, the higher one’s annual income and the lower one’s debt, the better the chance of being approved. But in addition to the Amex Platinum card income requirements, American Express considers factors such as your credit score, payment history and debt-to-credit ratio, among others.… read full answer

There are no American Express credit cards that are easy to get. They all require good credit or better. The USAA® Secured American Express® Card used to be the easiest American Express card to obtain as it was available to people with bad credit. But USAA® Secured American Express® Cardis no longer available to new applicants.… read full answer

While American Express credit cards aren’t that easy to obtain, there are several other credit cards that are easy to get approved for.

Easiest credit cards to get:

Having one of these credit cards may increase your chances of landing an American Express credit card in the future, if you use it responsibly. That means paying your bill on time every month and keeping your credit utilization below 30% of your credit limit.