Can I get an Amex with a 620 credit score? (2024)

Can I get an Amex with a 620 credit score?

There is anecdotal evidence of applicants with scores as low as the mid-600s being approved, but that's rare. Even for the American Express® Green Card (see rates and fees), a more beginner-focused travel card, a score of 670 or higher is probably necessary.

Can I get an Amex with a 600 credit score?

Maria Adams, Credit Cards Moderator

No, you cannot get an American Express credit card with a 600 credit score, which is considered bad credit. Most Amex credit cards require a credit score of 700 or better for high chances of approval. This means you need to have at least good credit to get an Amex credit card.

What is the minimum credit score for American Express?

In most cases, you need at least good credit to get approved for an American Express card, which FICO typically defines as a score of 670 or higher. Other banks also issue American Express cards.

Will I get approved for a credit card with a 620 credit score?

You can definitely get approved for a credit card with a credit score of 620. However, you probably won't be able to qualify for credit cards that do not require an initial deposit, and may not qualify for some cards that offer perks such as cash back, airline and hotel points, zero percent interest, and no annual fee.

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.

What's the easiest Amex to get approved for?

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.

What's the easiest Amex to get?

The easiest American Express cards to get are those that require a minimum of good credit for approval as opposed to excellent credit only. The Blue Cash Everyday® Card from American Express and the American Express Cash Magnet® Card are two of the easiest cards to get from Amex as they only require good credit scores.

Is Amex hard to get approved?

It is hard to get an American Express credit card because all cards offered by American Express require good credit or better for approval, which may be out of reach for the average consumer. Applicants need a 700 credit score and a steady income to have good approval odds for an American Express credit card.

What credit score is needed for Amex Gold?

However, premium cards like the American Express Gold card generally require good to excellent credit. According to Equifax, one of the three main credit reporting bureaus, that means you'll need a credit score of 670 or higher.

Is Amex hard to qualify for?

To qualify for The American Express Platinum Card®, you'll usually need a good to excellent credit score. FICO® Score is one of the most commonly used credit scores, and it classifies credit scores into the following groupings: Very poor: 300 to 579. Good: 670 to 739.

What tier is a 620 credit score?

A FICO^® Score of 620 places you within a population of consumers whose credit may be seen as Fair. Your 620 FICO^® Score is lower than the average U.S. credit score. Statistically speaking, 28% of consumers with credit scores in the Fair range are likely to become seriously delinquent in the future.

Would a 620 be considered a poor credit score?

A 600-620 score is a 'fair' credit score and is considered subprime, which means your credit or loan application may have undesirable conditions that can prevent approval. It's not 'good' but it's certainly not bad either.

What can you qualify for with a 620 credit score?

What is the usual credit limit for Amex?

Here's the average credit limit of members who matched their American Express® Gold Card or similar cards. The average credit limit for members who have matched with this card or similar cards is $13,248, with $5,000 being the most common.

Does Amex check your credit score?

When you apply for an American Express credit card, the bank will typically perform a hard inquiry of your credit report. However if your application is denied, it won't show as a hard pull on your credit report.

Which credit bureau does Amex use?

American Express uses all three major credit bureaus: TransUnion, Equifax, and Experian. Either one or more credit bureaus may be used when evaluating am American Express credit card application. Credit reports, however, don't differ that much from bureau to bureau.

Does Amex approve bad credit?

American Express does not offer any credit cards for bad credit (a credit score below 640). All American Express credit cards require good-to-excellent credit for approval, which means a credit score of at least 700.

Is Amex harder to get than visa?

Is an Amex card harder to get than Visa? It can be harder to qualify for an Amex card than a Visa card if you have poor credit.

Does Amex build credit faster?

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.

Can a beginner get a Amex card?

American Express is unlikely to be your first credit card issuer unless you have good credit or better (a credit score of 700+) or you become an authorized user on someone else's account.

Is Amex a good first credit card?

Which Amex card is best for first timers? The best Amex card for first-timers with good credit is the Blue Cash Everyday® Card from American Express because it has a $0 annual fee and gives up to 3% cash back at U.S. supermarkets (up to $6,000 spent per year, then 1%).

Why did Amex reject me?

A low credit score, a history of late payments, and high debt are common reasons for application denial.

Why do most people not accept Amex?

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%.

Does American Express approve everyone?

Although there's no official score required to apply, the bulk of American Express' cards are designed for consumers with good or better credit.

What credit score is needed for Amex Delta?

Bottom line. To qualify for a Delta SkyMiles American Express card, you'll probably need a FICO® score of 670 or higher. With American Express being the sole issuer of cobranded Delta cards, you'll also be subject to its usual application rules.