Best Credit Cards for a 730 Credit Score 2024 (2024)

FAQs

Best Credit Cards for a 730 Credit Score 2024? ›

One of the best credit cards for a 730 score is Chase Freedom Unlimited® because it gives 1.5 - 5% cash back on purchases and has a $0 annual fee. In addition, the card provides an introductory APR of 0% for 15 months on purchases.

One of the best credit cards for a 730 score is Chase Freedom Unlimited® because it gives 1.5 - 5% cash back on purchases and has a $0 annual fee. In addition, the card provides an introductory APR of 0% for 15 months on purchases.

You can borrow $50,000 - $100,000+ with a 730 credit score. The exact amount of money you will get depends on other factors besides your credit score, such as your income, your employment status, the type of loan you get, and even the lender.

670-739: Good. 740-799: Very good. 800-850: Excellent.

Now that you've seen your credit report and found out that you have a credit score of 730, this is excellent news! Your score is considered above average, and you are eligible for all types of mortgage loans currently on the market.

Twenty-four percent have a FICO® Score between 750 and 799, making the "very good" bracket. Data source: FICO (2022). Nearly half of Americans score between 750 and 850, in the very good to exceptional range, while less than 25% of Americans have a score between 300 and 649, the poor to fair credit score range.

Excellent (800 to 850): Lenders generally view these borrowers as less risky. As a result, individuals in this range may have an easier time being approved for new credit. Very good (740 to 799): Very good credit scores reflect frequent positive credit behaviors. Lenders are likely to approve borrowers in this range.

Credit score ranges and what they mean will vary based on the scoring model used to calculate them, but they are generally similar to the following: 300-579: Poor. 580-669: Fair. 670-739: Good.

Where does a credit score of 730 rank? ›

Understanding a 730 credit score

Excellent: 781 to 850. Good: 661 to 780. Fair: 601 to 660. Poor: 500 to 600.

It might be exciting to aim for 850, the highest possible FICO score, but it really comes with no additional benefits. According to credit expert John Ulzheimer, a 760 will get you the best mortgage rate and a 720 score is all you need for the best interest rate for an auto loan.

A 730 FICO^® Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms. A great way to get started is to get your free credit report from Experian and check your credit score to find out the specific factors that impact your score the most.

The best credit card for a 730 credit score is the Chase Sapphire Preferred card because it offers 1 - 5 points per $1 spent on purchases though it has a $95 annual fee. Cardholders also get an initial bonus of 60,000 points for spending $4,000 within the first 3 months.

The primary credit scoring models are FICO® and VantageScore®, and both are equally accurate. Although both are accurate, most lenders are looking at your FICO score when you apply for a loan.

Banks in India use the TransUnion CIBIL, Experian, Equifax, or the CRIF High Mark score. Out of these, the TransUnion CIBIL score is the one that is used most commonly. All credit rating bureaus generate credit scores and reports which help lenders assess the creditworthiness of borrowers.

The credit limit you can get with a 750 credit score is likely in the $1,000-$15,000 range, but a higher limit is possible. The reason for the big range is that credit limits aren't solely determined by your credit score.

While credit scores of 800 or above are labeled “exceptional,” a score of 750 will likely get you some of the best rates available for auto loans and mortgages. You'll also have access to some of the most attractive credit card products.

While there isn't a set minimum credit score to buy a car, you should aim to have a score of 670 or higher, which puts you in the good credit range. You'll qualify for better auto loan terms with a higher credit score.