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Best credit cards for a 700 credit score
FICO credit scores, the industry standard for determining credit risk, range from 300 to 850 — with 670 to 739 considered a good score, 740 to 799 is very good and 800 to 850 is exceptional. A 700 score puts you in the middle of the good range but still slightly below the average credit score of 716.
With an average credit score, expect to pay around the average credit card interest rate. However, you might qualify for an APR that’s higher or lower based on your creditworthiness. Credit card APRs vary, so research your options before deciding.
To help you find the right card for a 700 credit score, we’ve compiled several options that applicants with a score of 700 may qualify for. Options vary from those with generous rewards rates to low ongoing APRs, and several are on the list of the best credit cards for good credit.
Comparing the best cards for a 700 credit score
| Card name | Annual fee | Rewards | Bankrate review score |
|---|
| Capital One SavorOne Cash Rewards credit card | $0 | - 8% cash back on Capital One Entertainment purchases
- 5% cash back on hotels and rental cars booked using Capital One Travel
- Unlimited 3% cash back on dining, entertainment, popular streaming subscriptions and grocery store purchases (excluding superstores like Walmart and Target)
- 1% cash back on all other purchases
| 5/5 |
| Capital One Venture Rewards credit card | $95 | - 5X miles on hotels and rental cars booked through Capital One Travel
- 2X miles on all other purchases
| 4.9/5 |
| Blue Cash Everyday® Card from American Express | $0 | - 3% cash back at U.S. supermarkets, U.S. gas stations and U.S. online retail purchases (up to $6,000 per calendar year in each category, then 1%)
- 1% cash back on all other purchases
| 4.6/5 |
| Citi® Custom Cash Card | $0 | 5% cash back in your top eligible spending category each billing cycle (on up to $500 spent each billing cycle, then 1 percent) | 4.4/5 |
| Wells Fargo Active Cash® Card | $0 | Unlimited 2% cash rewards on purchases | 4.3/5 |
| Upgrade Cash Rewards Visa® | $0 | Earn 1.5% unlimited cash back on card purchases every time you make a payment | 4.2/5 |
Top cards for a 700 credit score
Best for everyday spenders
Capital One SavorOne Cash Rewards credit card
Best for travelers
Capital One Venture Rewards credit card
Rating: 4.9 stars out of 5
Best for household shoppers
Blue Cash Everyday Card from American Express
Rating: 4.6 stars out of 5
Best for rewards maximizers
Citi Custom Cash Card
Rating: 4.4 stars out of 5
Best for minimalists
Wells Fargo Active Cash Card
Rating: 4.3 stars out of 5
Best for low interest
Upgrade Cash Rewards Visa
Rating: 4.2 stars out of 5
How to choose a card for a 700 credit score
When choosing a credit card with a 700 credit score, consider how that card will help you meet your financial goals. Aim to continue expanding your creditworthiness and raising your score, and don’t settle for a credit card that won’t be helpful in a few months or years.
Here are some tips for choosing a card to keep your credit score on the rise while you make the most of the work you’ve put in so far.
Look for savings through intro APR offers
Choose a card with an APR you find manageable or one with a 0 percent intro APR offer for purchases, balance transfers or both. These offers can help you temporarily balance what you owe or plan to spend without racking up high interest charges.
Match your card to your spending habits
Having a 700 credit score opens the door to some solid rewards and cash back cards. Though it might seem wise to jump at the first card you see with a boosted rewards rate, you’re better off calculating your regular annual spending and then matching your highest projected categories to a card with boosted rewards rates in those categories.
Time your application with your biggest purchases
If you have some large purchases coming up or know a few times throughout the year when you’ll increase your spending, you may want to consider timing your credit card application to align with those purchases. This planning can help you reliably attain welcome offers with more ease.
How to get an excellent credit score
- Keep credit utilization low: Your credit utilization ratio is the amount of credit you use against the total amount available to you. Keep your utilization below 30 percent to maintain and increase your credit score.
- Pay on time: Pay your card balance on time and in full whenever possible to avoid interest charges and establish a strong payment history.
- Keep old credit cards open: You might think closing old credit cards will help you stay organized, but it won’t do your credit score any favors. Keep old cards open so you increase the age of your credit history, a key scoring factor.
- Don’t settle: Once you see your score climbing and you’re close to excellent, don’t settle. You can get your score even higher if you maintain positive credit habits.
The bottom line
Whether a credit score of 700 is your goal or you’re aiming even higher, keep practicing good credit habits. Although several cards are available with a score of around 700, even better cards are available the higher your score. Stay patient, keep consistent habits and you’ll be well on your way to an excellent score soon enough.
FAQs
A credit score of about 700+ will likely qualify you for just about any credit card, including those with cash back rewards, lower annual percentage rates (APRs) and more.
What type of credit card can I get with a 700 credit score? ›
A credit score of about 700+ will likely qualify you for just about any credit card, including those with cash back rewards, lower annual percentage rates (APRs) and more.
How much will I get approved for with a 700 credit score? ›
You can borrow from $1,000 to $100,000 or more with a 700 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.
How to get a credit card with a 700 credit score? ›
Yes, you can get a credit card with a 700 CIBIL score. While a higher score is always preferred, a score of 700 or above indicates good creditworthiness and may qualify you for certain credit cards. Can you get a credit card with a 650 score? Yes, you can still get a credit card with a 650 CIBIL score.
How many credit cards do you need for a 800 credit score? ›
Consumers with 800+ credit scores have an average of 8.3 open accounts. High credit score consumers have an average of 8.3 open accounts — similar to the 7.9 we found in 2021. By generation, Gen Xers now have the most active accounts, with an average of 8.6 open accounts.
What credit limit can I get with 700? ›
What credit score is needed to get a high-limit credit card?
| VantageScore 3.0 credit score range | Average credit card limit |
|---|
| 300–640 | $3,481.02 |
| 640–700 | $4,735.10 |
| 700–750 | $5,968.01 |
| 750+ | $8,954.33 |
Mar 15, 2024
A 750 credit score is Very Good, but it can be even better. If you can elevate your score into the Exceptional range (800-850), you could become eligible for the very best lending terms, including the lowest interest rates and fees, and the most enticing credit-card rewards programs.
How long does it take to go from 700 to 750 credit score? ›
Generally, it takes around 4-12 months to reach the point where you can apply for a loan. It will take a few months to get to 750 if your score is currently somewhere between 650 and 700. However, if you have a credit score of less than 650, it will take more time to improve the score.
Can you get denied with a 700 credit score? ›
According to the FICO® scale, a good credit score falls between 670 and 739. However, having a score in that range or above doesn't guarantee approval on credit applications.
What can I do with a 700 credit score? ›
A 700 credit score may be able to help you get lower annual percentage rates (APRs), which translates to lower interest rates on loans and mortgages. This can help you save on interest costs over long periods of time.
HSBC Visa Platinum Card
It is provided by the HSBC personal bank. It is ideal for beginners because there is no joining fee and no annual fees. It provides a 5x reward on purchases of 15000 or more. It helps to save up to 3000 on the fuel surcharge in a year.
Which credit card is easy to get? ›
Axis Bank Insta Easy Credit Card
With minimal documentation, this card is apt for people trying to enhance their credit score. Key features of Axis bank Insta Easy Credit Card: Get a credit limit up to 80% of your FD. 1% fuel surcharge waived on all fuel transactions.
Which bank gives credit cards with no credit history? ›
- Discover it® Student Chrome. Apply Now. ...
- Discover it® Secured Credit Card. Apply Now. ...
- Capital One Platinum Secured Credit Card. Apply Now. ...
- Bank of America® Travel Rewards Credit Card for Students. ...
- Citi® Secured Mastercard® ...
- U.S. Bank Secured Visa® Card. ...
- BankAmericard® Secured Credit Card. ...
- OpenSky® Secured Visa® Credit Card.
However, multiple accounts may be difficult to track, resulting in missed payments that lower your credit score. You must decide what you can manage and what will make you appear most desirable. Having too many cards with a zero balance will not improve your credit score. In fact, it can actually hurt it.
What is instant approval credit card? ›
KEY TAKEAWAYS. Instant approval credit cards provide an account number you can use before your physical card arrives. Some instant use cards can only be used online, some only in stores and some in various locations.
How rare is an 800 credit score? ›
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
How to get 800 credit score from 700? ›
To reach an 800 credit score, you'll want to demonstrate on-time bill payments, have a healthy mix of credit (meaning accounts other than just credit cards), use a small percentage of your available credit, and limit new credit inquiries.
How to go from 700 to 850 credit score? ›
Still, if you'd like to take steps to improve your credit, you may want to consider these healthy credit tips:
- Pay your credit card bills often. ...
- Keep a solid payment history. ...
- Consider your credit mix. ...
- Increase your credit limit. ...
- Don't close old accounts. ...
- Regularly monitor your credit report.
Aim to use no more than 30% your total available credit. You can calculate your credit utilization ratio on a per-card or overall basis. We have a calculator below that can help. Credit utilization is one of the most important factors used to calculate your credit score.
Is 700 a good credit score to buy a car? ›
As you can see, a 700 credit score puts you in the “good” or “prime” category for financing, making 700 a good credit score to buy a car. While it's always a good idea to get your credit score in its best possible shape before buying a car, if you're already around the 700 range you will be good to go.
