What’s the average Platinum cardholder spend per month?

I used to work for a company in finance department, and the two owners almost exclusively used their business platinum for personal expenses. I’m talking 98% personal. I think the average spend was about $50-60,000 per month.

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98%
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What’s The Average Platinum Cardholder Spend Per Month?

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reddit.com

$843
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Here's How Much The Average Amex, Visa, MasterCard, And …

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Sep 15, 2015 · Meanwhile, those using Visa, Discover, and MasterCard as their primary cards spend less than half that amount — at $843, $737, and $639 per month on average, respectively.

yahoo.com

$3000
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American Express Platinum Card Review - Buy Side From WSJ

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Oct 29, 2024 · With a $3,000 monthly spend on non-travel purchases, you’d get 6,000 miles per month with the Venture X—double of what you’d earn with the Amex Platinum. What to know …

wsj.com

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Is Amex Platinum Worth It? - WalletHub

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Oct 18, 2024 · The American Express Platinum Card’s regular rewards earning rate is perhaps its least exciting benefit, providing less than the market average of 1 point per $1 spent on most …

wallethub.com

$75
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Unpopular Opinion: 75k Guest Pass Spend Limit Is Not A Bad Thing

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$75k is not unreasonable for the average Platinum cardholder, who on average has a salary of around $475,000 per year. That's roughly where I am. I spent closer to $100,000 last year, …

reddit.com

$4000
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Over $4,000 In Value: Why I Made The Amex Platinum My First-ever ...

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Dec 13, 2024 · With the Amex Platinum, I earn 5 points per dollar spent on airfare purchased directly with the airlines or through the Amex Travel portal (on up to $500,000 on these …

thepointsguy.com

$6000
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Is Amex Platinum Worth The Yearly Fee? Benefits, Explained

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Aug 12, 2022 · Right now, for instance, American Express is offering 100,000 Membership Rewards Points to new cardholders who spend $6,000 on purchases on their Platinum Card …

marketrealist.com

$585
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The Platinum Card® From American Express Review - Bankrate

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Based on the formula we use to calculate each card’s average ongoing rewards value, the average cardholder will earn about $585 per year in Membership Rewards points with The …

bankrate.com

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Credit Card Facts & Statistics 2024 - Upgraded Points

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Sep 12, 2024 · 9. The average credit card debt per household is $10,848. The average credit card debt per household in the U.S. is $10,848 as of Q4 2023, according to Wallethub.⁷. 10. Credit …

upgradedpoints.com

FAQs about What’s the average Platinum cardholder spend per month? Coupon?

Is the Platinum Card worth the annual fee?

The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. In the right hands, the classic status card’s staggering annual fee is well justified. ...

How much is the AMEX Platinum Card worth?

To make your research easier, we’ve calculated the Amex Platinum card’s first-year and ongoing value based on our card scoring formula, a $22,500 annual spend and our latest point valuations (the baseline 1-cent value through Amex, in this table). ...

How much do AMEX Platinum cardholders get for incidental fees?

As an Amex Platinum cardholder, you'll get up to $200 in statement credits for incidental fees (charged to your Amex Platinum card) each calendar year. ...

What perks does a Platinum card offer?

The Platinum Card is the cream of the crop when it comes to credit card perks, offering first-class travel benefits, top-notch rewards value and a treasure trove of bonus credits worth more than $1,000. ...

How much Uber Cash does a Platinum Card® member get?

$200 Uber Cash: Platinum Card® Members can get out and about and explore their local area with $15 in Uber Cash for US rides each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Simply download the Uber app and add your Platinum Card® to your Uber account to get started. Available to Basic Card Member only. ...

Is the Platinum Card a part of your everyday life?

The platinum card from American Express is a part of every day purchasing activity and critical to bookkeeping for the business. Is this card a part of your everyday life, why or why not? It is part of my everyday life because it helps me buy things. Why would you or would you not recommend this card to a friend? ...