What does my credit score need to be to get a credit card?

how to improve credit 300x169 What does my credit score need to be to get a credit card?The real answer isn’t one simple three-digit number, but rather a variable answer dependent on a number of factors. But, generally speaking, a credit score of 620 is the threashold for a new credit “rank”. If you’re credit score is below 620, or even 640, there’s a good chance you won’t be approved for most credit cards, though you may be able to get your hands on a credit card for “bad credit”. If your credit score is between 620 and 700, it’s a bit of a gamble as to whether you will be approved for a certain credit card. It’s generally safe to say you’ll be approved for most credit cards if your credit score is above 700, and you will likely need a credit score of 720 or greater to qualify for certain platinum cards or others that require “excellent credit”.

Remember, credit scores are also used to set credit card spending limits; so the higher the spending limit you are looking for, the higher your credit score will need to be.