What credit score do you need?

Terms apply to American Express benefits and offers. meeting americanexpress.com to learn more.

If you’re in the market for a new credit card that offers perks like high rewards on food and grocery shopping, a generous welcome bonus for food and ride-sharing services, and statement credits, look no further. American Express® Gold Card,

New cardholders can earn an attractive welcome bonus of 60,000 Membership Rewards® points after spending $4,000 within the first six months of card membership. and with American Express Gold CardYou’ll earn 4X points for meals at restaurants around the world – as well as for takeout and on delivery within the US – and for purchases at US supermarkets (up to $25,000 per calendar year), booked directly with or through an airline 3X points for flights taken. amextravel.com, and 1X points for all other eligible purchases.

Points earned from the card can then be redeemed in many ways or for flights, hotels and other travel activities through amextravel.com or by transferring them to any Amex Travel Partners, Delta, British Airways, Virgin Atlantic, Hilton, Marriott and Choice Hotels, among others. It’s also worth keeping an eye on transfer bonusWhich can take your point even further.

American Express® Gold Card

american express secure site

  • Prize

    4X Membership Rewards® points at restaurants (plus takeout and delivery in the US) and at US supermarkets (up to $25,000 per calendar year in purchases, then 1X), on flights booked directly with airlines or at amextravel.com, 1X 3X points on all other purchases

  • welcome bonus

    Earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases within the first 6 months of card membership

  • Annual Fee

  • Introduction April

  • regular april

  • balance transfer fee

  • foreign transaction fee

  • need credit

American Express Gold Card Also a good option for those who can take full advantage of the included dining and ride-sharing statement credits—the combined value of both credits is $240, which roughly equals the card’s $250 annual fee (View Rates & Fees) Upon enrollment, cardholders can receive up to $120 in food credits (up to $10 in statement credits each month) when you use your card at GrubHub, Wine.com, Goldbelly, The Cheesecake Factory, Milk Bar and certain Shake Shack locations. to dine with. , Once the card is added to your Uber account, you automatically receive $120 Uber Cash per year ($10 per month), which you can use for rides or meals through Uber Eats.

You have access to American Express travel and security benefits such as hotel collection, luggage insurance and car rental loss and damage coverage, no foreign transaction fees for using the card abroad, 24/7 emergency assistance, special Amex offers and exclusive music and experience in sporting events and seating.

Amex is known for its luxury travel rewards credit card – $695 annual fee Platinum Card® from American Express ,View Rates & Fees) and $250 annual fee American Express® Gold Card And while they each offer a ton of travel benefits, they also require a steep annual fee and generally require applicants to have a good credit score or higher.

below, to select To qualify for the American Express Gold Card, we take a look at the credit score you need, one of the Best Travel Rewards Card on the market.

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What credit do you need for the Amex Gold Card?

While American Express does not promote a minimum credit score for the Amex Gold Card, applicants generally have a good credit score 670 or higher is more likely to qualify. FICO Score With a higher score ranging from 300 to 850, a borrower is more likely to be able to pay off his balance on time.

FICO Score Range:

  • very poor: 300 to 579
  • Neutral: 580 to 669
  • Good: 670 to 739
  • Very good: 740 to 799
  • excellent: 800 to 850

However, keep in mind that not all applicants with a credit score of 670 or higher will necessarily take the deduction – other factors, such as the five FICOs listed below use to determine your credit score, will also be considered by credit. . card issuer.

FICO Factors:

  • Payment History (35%) — If you made your last payment on time
  • Amount outstanding (30%) – Your credit utilization ratio, or the ratio of the amount of credit you are using to the amount extended and outstanding on your accounts
  • Length of credit history (15%) – the amount of time you have credited
  • New Credit (10%) — How often do you open new accounts
  • Credit Mix (10%) — whether you have different types of credit, such as installment loans or revolving lines of credit

It’s also worth noting that American Express offers a pre-qualification service So you can see if you’re eligible for the card before you actually apply – and no, it doesn’t hurt your credit score.

if you don’t have a good credit scoreFocus on improving this by making your payments on time and in full, using your extended credit as little as possible, and limiting the number of credit applications you put in.

sign up for Experian BoostWhich calculates your credit score to calculate on-time payments for certain subscription services and utilities can also help it fetch some points.

Experian Boost™

at Experian’s secure site

  • cost

  • Increase in average credit score

    13 points, although results vary

  • credit report affected

  • Credit scoring model used

Why you might be rejected while applying for this card

ground level

American Express Gold Card The card is a great option for consumers who are big spenders when eating and shopping at grocery stores, especially those who will take full advantage of the included meals and Uber credits. To qualify for this $250 annual fee card, one of the best travel rewards credit cards available, you must have a credit score of at least 670.

If you apply but don’t take the deduction, note that Amex has a limit on the number of cards consumers can have and is required by law to provide a reason for your rejection within 60 days.

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For rates and fees for the American Express® Gold Card, click Here,

For rates and fees for the Platinum Card® from American Express, click Here,

Editorial Note: The opinions, analysis, reviews or recommendations expressed in this article are those of select editorial staff alone, and have not been reviewed, approved or otherwise endorsed by any third party.

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