![]() ![]() The key to finding your next credit card isn’t to only look for the best card you may qualify for, but rather the card that best suits your needs and current economic situation. If you’re in the lower credit score tiers, you’re likely to encounter more annual fees, lower credit limits, fewer rewards, and higher APRs. Just remember that, as with most things in life, the higher your standing - in this case, your credit score - the better the offers you’ll receive. But keep in mind that some of these cards will reject you if you have a pending bankruptcy the court hasn’t yet discharged.īut if your needs are simple and you aren’t as concerned with all the bells and whistles - or you don’t want to fuss with the annual fee that often comes with many popular rewards cards - you have options with almost any credit score. On the other hand, some secured credit cards - offerings that require a refundable cash deposit that equals your credit limit - don’t require credit checks for acceptance. FICO and VantageScore are the two most common credit scoring models used, so make sure it’s one of those scores you’re receiving.Ī top-shelf card with the richest rewards and greatest benefits will require not only excellent credit (a credit score above 740) but also a solid proof of income and a low debt-to-income ratio. ![]() That’s because your credit score is just one factor used to determine your eligibility for a credit card.ĭon’t know your score? Here are a few free ways to find it. Those requirements can sometimes be vague, though, and meeting those standards doesn’t guarantee acceptance. While there’s no general minimum score needed to obtain a credit card, each card has its minimum acceptance requirements.
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