Platinum Edge - Household vs Personal income

[Cadboy]

Hi All,

I am looking to get the Platinum card as a student aged 21. My income is roughly 25k which is obviously under the 50k requirement.

I noticed however, on the application it now states a requirement of 50k household income. A while back the requirement was a personal 50k income if I remember correctly.

If I include household income from my parents, my figure would increase to 100k.

Does this mean I should be in with a good chance at approval based on the income requirements? Side note my Veda score is good (650ish).

Thanks for your help.

 

[prozac]

Cadboy it depends on the information that you provide them and how thoroughly they decide to check it.
I see that Amex still state you must have a personal income of $50k, not household. See this;

• I am aged over 18
• I am an Australian citizen or permanent resident or hold a current Business Long Stay Visa (subclass 457)
• I have a personal gross (pre-tax) annual income of $50,000 or more
• I have no history of bad debt or payment default
• And if self employed, I have been trading for at least 18 months or 12 months if I hold an existing American Express issued Card

Have you thought about the Platinum Rewards CC?

The income requirement is $40k.

I view this card like a slimmed down Platinum Edge card.
Great if you see little value in the annual free flight and prefer not to pay the $195 annual card fee.
You don't get;

1. one free flight each year
   
2. 3 points at major supermarkets
3. charged $195 card fee each year
   
4. 15,000 sign on points
   

You do get;

1. $0 card fee in the first year. Fee is then $80 from 2nd year
   
2. 2 points at major supermarkets
   
3. 2 points at most petrol stations
   
4. 10,000 sign on points
   
5. free supplementary cards

I do not think that it is available by general application but it is by referral. Let me know by pm if you'd like a referral for either card. I am happy to try to answer any questions you may have about effective ways for points earn.

edit: You made a point of telling us you are 21. Please don't take on a credit card unless you can commit to paying it off in full each month.

 

[Cadboy]

I see that Amex still state you must have a personal income of $50k, not household

When you go into the application though it changes to household income?

 

[TomVexille]

I have often wondered the same thing

 

[Cadboy]

Very confusing because Personal vs household is the difference between being approved and denied for me at least...

 

[Cadboy]

Apparently Household income only reffers to spousal income which means I am ineligible.

 

[Dr Ralph]

Apparently Household income only reffers to spousal income which means I am ineligible.

Did you go ahead with the application?

 

[prozac]

Apparently Household income only reffers to spousal income which means I am ineligible.

That makes sense.