Best Credit Cards for a 720 Credit Score 2024 (2024)

FAQs

What credit cards do I qualify for with a 720 credit score? ›

You can borrow $50,000 - $100,000+ with a 720 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.

To give yourself the best chance of being approved, you'll want a credit score of at least 670. However, having a pristine credit score doesn't guarantee your approval.

To get approved for a high limit credit card, you will need good to excellent credit and proof that you can afford a high spending limit. More specifically, your credit limit will be determined by several factors, including your income, assets, and existing debt obligations.

Can I get a $10,000 credit limit? Yes, it's possible to get a $10,000 limit on your credit card, especially if you have good to excellent credit. You will typically need a high income and little to no existing debt to get a limit that high, too.

The Capital One Platinum credit limit can be as high as $3,000 according to online cardholder reports, but it will depend entirely on the specifics of each applicant's credit and their overall financial situation.

What is a pretty good credit score? ›

For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most consumers have credit scores that fall between 600 and 750. In 2023, the average FICO^® Score^☉ in the U.S. reached 715.

Buying a car with a 720 credit score

If you're considering taking out an auto loan to help you buy a car, a 720 credit score could work in your favor. Not only will you be likely to be approved for an auto loan, but you may also have lower APRs than someone who has a lower credit score.

You need a credit score of 700 or higher to get an American Express card, along with a steady income that enables you to afford the monthly bill payments. American Express only offers credit cards for people with good credit or better, so you may have to work on improving your credit score before applying for an Amex.

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.

With a 720 score, you're in between the excellent credit range (which is typically 750 and above) and the “fair credit” range (about 580 to 669). You may have access to more beneficial opportunities, including but not limited to: Potential access to better interest rates and loan terms.

What credit score do you need for Chase credit cards? A FICO® Score of 670 or higher, as most Chase credit cards are intended for consumers with good to excellent credit scores. A score above 700 is even better and gives you a strong chance at approval.

Southwest's credit cards will likely require a good or better credit rating, meaning applicants will likely need a score of 670 or higher on the FICO scale. The higher your credit score and better your income, the more likely you will be approved, but no specific credit score guarantees approval.