What Credit Score Do You Need to Get Approved for a Credit Card?

If you are looking to add another credit card to your wallet, you will need to meet specific requirements to get approved.

In most cases, the less debt you have, the higher the chances you have of getting approved for a credit card. Also, as long as you have always made timely payments, getting approved will be easy. 

However, the question remains: how can one use their credit score to get approved for a credit card?

Get Approved

When you apply for a credit card, whether online or in the bank, you have zero ideas about what credit score they need for you to get approved. For instance, if your score is 670 (which is good considering it’s above average), still, it will not help if the card you are applying for needs a credit score of 700.

Most people who apply for credit cards are denied, and the funny bit is that the more you are denied, the more your credit score gets hurt. For instance, if you plan to apply with Chase or Bank of America, be sure to have at least a 750 credit score or above.

Cards Requiring Credit Scores of 750

Well, let’s break it down for you: Depending on your credit score, here are some cards you can get with different credit scores. For instance, if your score is 750 or better, you can get a hold of the following.

Chase Sapphire Preferred® Credit Card

This is one of the best travel cards on the market offering 2x points on all dining and travel purchases transferred to hotel or airline partners. You also get 25% when you redeem travel through Chase Unlimited Rewards.

Wells Fargo Cash Wise Visa Credit Card

This is another great credit card that offers perks on almost all categories. This includes $150 in cash rewards bonus when you spend $500 in your first three months. You also get 1.5% cash rewards on purchases, plus so many other perks.

Cards Requiring Credit Scores of 700

Getting a FICO score of at least 700 is not easy, but it is doable. All you have to do is at least have used the card for three months with no record of late payments. Here are some of the cards within that category.

Capital One® Venture® Rewards Credit Card

This card offers a 5,000-mile bonus when you spend $3,000 in your first three months of account opening. You also get 2x miles earned after every $1 spent on purchases and no annual fee in your first year. However, you will pay $95 after that.

Discover it® Cash Back Credit Card

This card matches all the cashback you have earned in the first year while offering 0 APR on balance transfers and purchases within your first 14 months. You will also get 5% cashback on different selected categories each quarter, and so many other benefits.

Conclusion

If you are starting to use your credit or recovering from missed or late payments, this means your score is in the mid-600s. With this score, it will be pretty hard to get approved. But, not all is lost; you can still get approved for most of these cards that you see being advertised. You can also check out these tips to improve your credit score.