While exact real-time figures vary, reports from around 2023-2024 suggest American Express had approximately 1.5 to 1.6 million cards in circulation in Australia, with significant spending per card, despite a smaller overall card base compared to Visa/Mastercard.
The short answer is, most places. American Express lists more than 220 major brands that accept its card for payments, and a further 3,000 smaller businesses that will accept Amex.
141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$24,059.
100,000 American Express Membership Rewards points are generally worth $1,000 to $2,000 or more, depending on redemption; you get about 1 cent per point ($1,000 total) using the travel portal or gift cards, but can achieve 2 cents per point or higher ($2,000+) by transferring to airline/hotel partners for premium flights, yielding significantly more value, according to Bankrate and WalletHub and The Points Guy.
earns a sufficient income of at least $50,000 per annum to pay outgoings and living expenses, in addition to Card repayments each month without experiencing financial hardship; • have current employment or access to other income or repayment sources; • generally have an established credit history and reasonable credit ...
The American Express Platinum Card® is for fairly rich people. A high income will help you afford this premium travel card's $895 annual fee.
The credit limit you can expect for a $75,000 salary across all your credit cards could be as much as $15000 to $22500, or even higher in some cases, according to our research. The exact amount depends heavily on multiple factors, like your credit score and how many credit lines you have open.
The Amex 2/90 rule is a guideline limiting most people to approval for no more than two new American Express credit cards within a 90-day period, even if they meet other rules like waiting five days between applications (the 1-in-5 rule). This rule specifically applies to credit cards, not necessarily charge cards, and is a key factor in managing how many new Amex cards you can open and get welcome bonuses for.
While 200K Amex points will typically only give you about $2,000 in value when you shop for flights in the Amex travel portal, you can sometimes find Business or First Class flights — that can normally cost over $10,000 — for only 200K points, when transferred to a frequent flyer program.
Centurion® Card from American Express
Why it's one of the hardest cards to get: The hardest card to get is the American Express Centurion Card, known simply as the “Black Card.” You need an invitation to get Amex Centurion, and only the super rich and famous can expect to get the call.
Reasons Amex Is a Prestigious Credit Card Brand
VIP benefits: Several Amex cards include access to concierge services. In addition, Amex routinely offers invitation-only events, tickets, shows, and more to eligible cardholders through the Amex Experiences program.
American Express has only about 3% of Visa's card count, but it processes more than 10% of Visa's volume. It's also known to take a higher merchant fee than Visa, which adds up with every swipe.
In Australia, you'll find American Express (Amex) often not accepted at discount retailers like Aldi, wholesale clubs like Costco, many smaller local businesses/cafes, and some government services (like vehicle registration) due to higher merchant fees, so always carry a Visa or Mastercard as a backup, though major retailers generally accept Amex.
The 2/3/4 Rule is an informal guideline, primarily used by Bank of America, that limits how many new credit cards you can be approved for: two in a two-month (or 30-day) period, three in a 12-month period, and four in a 24-month period, helping lenders manage risk from frequent applications and "churning" for bonuses. It's a rule for applicants, not a limit on how many cards you should have, but a strategy for managing applications to avoid automatic denials.
An American Express credit card is good to have because you can get great rewards, introductory 0% APR promotions, and exclusive benefits. Amex credit cards are ideal for people with good or excellent credit, and they come from one of the leading credit card issuers in the U.S.
In short, 2 million Amex points are worth $44,000. However, you can honestly get some incredible value with 2 million Amex points. For example, if you are diligent about finding award availability, you can book round-trip business class tickets to Europe for around 100,000 points per person.
While American Express doesn't publicize a minimum credit score for the Amex Gold Card, generally, applicants with a good credit score of 670 or above are more likely to qualify.
Transferring 30,000 points to our loyalty partners gives you between £300 and £900.
The credit limit you can expect for a $70,000 salary across all your credit cards could be as much as $14000 to $21000, or even higher in some cases, according to our research. The exact amount depends heavily on multiple factors, like your credit score and how many credit lines you have open.
It might be hard to get an American Express credit card because all cards offered by American Express are targeted to people with good credit or better, which may be out of reach for the average consumer.
With a $50,000 salary, you might expect an initial credit limit between $10,000 to $15,000, but it can range from ₹1 lakh to ₹1.5 lakhs (approx. $12,000-$18,000 USD) in some regions, with potential for much higher limits on premium cards depending on your strong credit score, low debt, and stable income history. Lenders look at factors like your credit score, debt-to-income ratio, and employment stability, not just income.
The best credit card that is rumored to have a $100,000 credit limit is the Chase Sapphire Preferred® Card. While Chase does not publicly disclose the highest credit line available for the card, there are online reports of people getting around $100,000 in spending power, or even more.
So, with ₹20,000, you might get a ₹10,000–₹50,000 limit. Access to Entry-Level Cards: Most credit card suppliers offer beginner-level cards that are particularly planned for those gaining ₹15,000–₹25,000 per month. These come with lower expenses, basic rewards, and less demanding eligibility.
Your income doesn't directly impact your credit score, though how much money you make affects your ability to pay off your loans and debts, which in turn affects your credit score. "Creditworthiness" is often shown through a credit score.