CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
Get answers to commonly asked questions related to credit bureaus
The minimum CIBIL™ score required by applicants for Amex Credit Cards is 700. Applicants having a credit score lower than 700 will face difficulties in getting the sanction of the Amex Credit Cards. The credit card may still be sanctioned at the discretion of the lender but the rate of interest in such case may be higher or the credit limit sanctioned may be lower.
Amex cards or American Express Cards are one of the premium credit cards available across the globe. These credit cards are available in many variations depending on the needs of the applicants. These cards can be travel-centric cards, premium cards, reward centric cards, corporate cards, etc. The eligibility for these credit cards depends on the type of applicants, their income level and other parameters like age, employment status, etc.
The credit score of the applicants is another important parameter that is considered for the issue of Amex credit cards. The credit score of the applicants is the first point of reference that the lenders review while issuing any credit cards.
CIBIL™ is one of the four credit rating agencies in India that provides credit score for applicants. The other credit rating agencies are,
The credit score issued by such agencies certifies the creditworthiness of the applicants. A higher credit score will assure the lenders of the viability of the line of credit issued to the applicants.
Credit score issued by CIBIL™ is usually preferred by the lenders while issuing a line of credit. CIBIL™ score is a three-digit score in the range of 300 to 900. A credit score closer to 900 is considered to be favourable by the lenders while a credit score closer to 300 is considered will not be considered for the issue of Amex credit cards.
Amex Credit cards provide a huge range of credit cards to millions of customers within India as well as abroad. These credit cards are available based on many eligibility parameters set by the bank. The applicants have to meet all such eligibility parameters for the sanction of the credit cards. Some of the eligibility parameters set by the bank are mentioned below.
Age of the applicant
The applicants have to be of minimum 18 years of age to be eligible for the Amex credit cards.
Income of the applicant
Minimum income level is one of the prime factors of eligibility that have to be met by the applicants. The minimum income requirement varies depending on the type of card that is applied.
Location of the applicant
The location of the applicant is another important eligibility criterion set for Amex Credit cards. The applicants belonging to only specified locations are eligible for these cards. To get the details of the eligible locations, applicants can contact the customer care of American Express
Employment status of the applicant
The employment status of the applicants is also considered for the issue of Amex Credit cards. A person not currently in any employment or not meeting the minimum work experience required as per the guidelines set in this regard will not be eligible for the Amex Credit Cards.
1. What are the factors that may affect the eligibility for Amex Credit cards?
A. There are several factors that may affect the eligibility of a person for an Amex Credit Card. Some of such factors are mentioned below.
2. Can a person having a poor credit score get an Amex Credit Card?
A. A person having a poor credit score will find it difficult to get the sanction for Amex credit cards.
3. What are the easiest ways to improve the credit score of a person?
A. Some of the easiest ways to improve the credit score of a person are,
4. Is the CIBIL™ score available for free?
A. Yes. CIBIL™ score can be available for free once a year by visiting the official website of CIBIL™. The applicant will have to fill an online form with the all required details for the same.
5. Can a person hold multiple credit cards?
A. Yes. A person can hold multiple credit cards provided they meet all the eligibility criteria set for the same and have a good credit score and sufficient income to support it.
A CIBIL™ score is a three digit number between 300 and 900 that gives potential lenders a quick idea of your loan
Credit repair involves rebuilding your credit health to a level where you become eligible for loans.
A credit report is a history of your credit behaviour and contains detailed information on all your loan and credit
A credit rating - also known as a credit score - is a 3 digit number between 300-900 that gives potential lenders
A bad credit score is generally one that is less than 650. A credit score is a three digit number in the range of 300-900
Yes. In fact, a credit score of 850 is very good! Most lenders look for a minimum credit score of 750 to approve loans
There are several ways in which you can improve your credit score. Depending on how good or bad your score is,
Is 800 a good credit score? Yes. In fact, a credit score of 800 is very good! Only a small percentage of people reach,
Is it possible to obtain a free credit check or credit report? The answer is yes and no!
Your CIBIL™ Score plays an important role in getting loans and credit cards sanctioned, because it gives lenders
It is not possible for anyone, either lenders or borrowers, to get a CIBIL™ score or credit report for free.
It is important to know that there is no such thing as a CIBIL™ defaulter list. There used to be a defaulter list earlier,
There is really no number that can be established as the average credit score in India. Many people see regular
You can repair your credit absolutely free if you do it yourself! However, many people choose to get professional help
First, it is important to note that there is no ‘Defaulters List’ that is maintained or circulated by CIBIL™ or any of the other
Sourav and Ankit are watching the New York Marathon on TV and decide that they want to run a marathon.
In India, the best credit score to have is one that is 750 or above. The three credit rating agencies that operate in India
Is a credit score of 700 good? While it is not a very bad score, it is not good enough to automatically qualify
It is difficult to get a loan with a credit score of 650. Most banks look for a minimum score of 750 when deciding
It is not likely that you will get a loan with a credit score of 600. Most banks look for a minimum score of 750
It is difficult to get a loan with a credit score of 550. Most banks look for a minimum score of 750 when deciding
A poor CIBIL™ score can increase your financial problems and make it difficult to access credit, whether as a loan or credit.
One common worry that runs through your mind after you have made a credit card settlement is,
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf. We do not sell any loans on our own and do not charge any fee from our customers/viewers for the purpose of loan application