What does having an Amex say about you?
What does having an Amex say about you? Having an American Express card means that you likely have good or excellent credit, and some people might assume that you have an above-average income and good employment. Owning an Amex card also means you can use your card at any merchant or financial institution that accepts cards on the American Express network.
Is American Express a Boujee?
There is no exclusivity in having an AMEX card, unless you get invited for the Centurion. Most people with decent credit can get just about any AMEX card. Sure, platinum might be a little “luxurious” for those who don't bat an eye at $695 a year, but many people can get one nonetheless.
Is having an Amex prestigious?
The American Express Platinum card is a prestigious credit card because it's a metal card meant for big spenders with good credit or better who travel often and can take advantage of generous perks.
Is American Express more prestigious than Visa?
American Express and Visa are both major credit card networks, but they're certainly not the same. Using an American Express card, or Amex card, can imply a certain level of prestige and exclusivity. Amex cards often earn big rewards and, in some cases, come with ultra-high annual fees.
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.