Income Eligibility and the new list of documents that can be accepted for American express cards . Please check and share your thoughts and questions

[BestBankerBestBanker is verified member.]

For all the cards eligibility is 6L except Platinum charge card for which you need 15L for Self employed and 25L if you are salaried.

List of documents that can be accepted

For Self-employed :

ITR Acknowledgement
ITR3/ITR 4/Sugam copy
Form 26AS

For Salaried :

ITR Acknowledgement or form 26AS
Pay slips or Form 16

There are various surrogates as well like Premium car surrogate, Business Card surrogate, Income waiver options, Company ITR if its a partnership firm and many more.
Let me know if you want to know more . Thank you

 

[cch]

Does Amex give LTF cards based on income? I have a fixed CTC of 40L+

Already have long credit history and cards with decent limits:
Axis Magnus: 7L
Amazon Pay ICICI: 7.2L

 

[Slayer]

Does Amex give LTF cards based on income? I have a fixed CTC of 40L+

Already have long credit history and cards with decent limits:
Axis Magnus: 7L
Amazon Pay ICICI: 7.2L

AmEX and LTF 🤣 🤣 🤣 🤣

 

[BestBankerBestBanker is verified member.]

Does Amex give LTF cards based on income? I have a fixed CTC of 40L+

Already have long credit history and cards with decent limits:
Axis Magnus: 7L
Amazon Pay ICICI: 7.2L

S0ryy , No. But you can get waivers based on spending and repayments

 

[Wealth is my birth right!]

Does Amex give LTF cards based on income? I have a fixed CTC of 40L+

Already have long credit history and cards with decent limits:
Axis Magnus: 7L
Amazon Pay ICICI: 7.2L

Wrong question to amex lol try with a big fd in hdfc it will happen either dcb or regalia

 

[cch]

Wrong question to amex lol try with a big fd in hdfc it will happen either dcb or regalia

Haha didn’t know. Getting regalia LTF without FD already.

 

[Wealth is my birth right!]

Haha didn’t know. Getting regalia LTF without FD already.

Superb I too carry ltf regalia with savings max account and a 1.5 l FD 👋

 

[SachuHopes]

As long as we r eligible they're happy to issue cards even daily haha.
During a cc talk since I own 3 cards the cc guy even thanked me for providing them good business (really AmEx stands at their standards)

It's been just 5 days since my smartearn card was approved, but I haven't used it yet. Do I need to wait until the first bill generates before applying for MRCC?

 

[BestBankerBestBanker is verified member.]

It's been just 5 days since my smartearn card was approved, but I haven't used it yet. Do I need to wait until the first bill generates before applying for MRCC?

What's the use of having two cards. You can apply after 6 months

 

[SachuHopes]

What's the use of having two cards. You can apply after 6 months

As said MRCC was my orignal plan, but ended up applying for smartearn card.

 

[SachuHopes]

What's the use of having two cards. You can apply after 6 months

For my current needs, Mrcc might be a better choice.

 

[SachuHopes]

What's the use of having two cards. You can apply after 6 months

Amex has also confirmed that there is no specific timeline for applying for a different product.

 

[Wealth is my birth right!]

It's been just 5 days since my smartearn card was approved, but I haven't used it yet. Do I need to wait until the first bill generates before applying for MRCC?

You can apply right now so that vkyc what they did will stand valid for ten or 15 days so no new vkyc will be required

 

[Wealth is my birth right!]

What's the use of having two cards. You can apply after 6 months

Having multiple cards and spend in each card will add more points i mean bonus points every month so that at year end we will stand with higher points

 

[BestBankerBestBanker is verified member.]

Having multiple cards and spend in each card will add more points i mean bonus points every month so that at year end we will stand with higher points

Only if you are able to fulfill spend criteria . In MRCC number of transactions also has to be taken care of..

 

[BestBankerBestBanker is verified member.]

You can apply right now so that vkyc what they did will stand valid for ten or 15 days so no new vkyc will be required

If he doesn't fill the new application exactly as in old application then the new application moves to fraud @Shaheeb Pls be careful

 

[SachuHopes]

If he doesn't fill the new application exactly as in old application then the new application moves to fraud @Shaheeb Pls be careful

So what about after 6 month? And what you mean by exact same? Address , office address? Name ? Father name ?

 

[NewUser]

Yes. I am with American express

What is the criteria for Centurion Black card?
Have heard it's offered to millionaires. If it's confidential, a few pointers will be helpful(something for instance if annual salary is 2 Cr+, Centurion might be considered).

 

[BestBankerBestBanker is verified member.]

So what about after 6 month? And what you mean by exact same? Address , office address? Name ? Father name ?

Mobile number,email id everything

 

[BestBankerBestBanker is verified member.]

What is the criteria for Centurion Black card?
Have heard it's offered to millionaires. If it's confidential, a few pointers will be helpful(something for instance if annual salary is 2 Cr+, Centurion might be considered).

You will have to start with Plat charge first to get invited for Centurion.

 

[SachuHopes]

Mobile number,email id everything

Anyway, let me explore smartearn first, maybe later for MRCC.