750 Credit Score: Is it Good or Bad? (2024)

Your credit score tells a lot about you and is used by everyone from lenders to potential employers. So what does a 750 credit score say to the world?

What does having a 750 credit score mean?

A FICO score between 740 and 799 is labeled “very good” and is above the average score of 716 (as of August 2022). Lenders consider someone with a 750 credit score a responsible borrower. This is because only 1% of these individuals will become delinquent on their loans in the future.

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.

Which types of credit cards can you get with a 750 credit score?

A 750 credit score should unlock the best cards available, including those with attractive cash back rewards, free hotel nights, airport lounge access, and low interest rates.

Here are three of our favorite credit cards for anyone with a 750 credit score.

card_name

750 Credit Score: Is it Good or Bad? (1)

Chase Sapphire Reserve® Card

Learn More

Chase Sapphire Reserve® Card

Credit score needed

credit_score_needed

Regular APR

reg_apr,reg_apr_type

Annual fees

annual_fees

Welcome offer

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This card's generous benefits and flexible Chase Ultimate Rewards points make it an excellent deal for those who can use them. Users get a Priority Pass Select airport lounge membership (retail value $469), a $300 annual travel credit that applies to travel purchases each year, 50% more value when redeeming their rewards for travel through Chase, a fee credit toward Global Entry or TSA PreCheck membership, and a generous suite of travel insurance benefits.

The card_name is one of the best premium travel credit cards available. While it comes with a annual_fees, the perks easily make up for it.

You’ll bonus_miles_full. You’ll also be eligible for the following Ultimate Rewards points on purchases:

  • Earn 10x on hotels and rental cars booked through Chase Ultimate Rewards.
  • Earn 5x on flights booked through Chase Ultimate Rewards.
  • Earn 3x on other travel and dining.
  • Earn 1x on all other purchases.

In addition to points on purchases, cardholders will receive an annual $300 travel credit, up to $100 credit every four years for Global Entry or TSA Precheck, Priority Pass™ Select lounge access, and more.

card_name

750 Credit Score: Is it Good or Bad? (2)

Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express

Credit score needed

credit_score_needed

Regular APR

reg_apr,reg_apr_type

Annual fees

annual_fees

Welcome offer

bonus_miles_full

If you don’t mind keeping track of variable cash back rewards, consider the card_name . You’ll bonus_miles_full, and the following cash back rewards on purchases made:

  • Earn 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (1% after that).
  • Earn 6% cash back on select U.S. streaming subscriptions.
  • Earn 3% cash back at U.S. gas stations and on transit.
  • Earn 1% cash back on all other purchases.

As a card member you’ll receive up to a $120 statement credit for an Equinox+ membership. You’ll also get $7 back monthly when you use your card to pay for the Disney Bundle (Disney+, Hulu, and ESPN+). There is a annual_fees annual fee.

What will you get approved for with a 750 score?

If you have a 750 credit score you’ll usually be approved for most products. The only question will be the terms you receive.

Loans

If you want to take out a car or personal loan, you should have no issues being approved and be able to receive one of the lowest interest rates that each lender offers.

Mortgages

When purchasing a home there are a lot of things that factor into a lender's decision. This includes your credit score, monthly income, debt-to-income ratio, and more. However, if you have a 750 FICO score, you shouldn’t have any issues being approved for a mortgage.

With most lenders you should also qualify for excellent mortgage rates as long as you have a reasonable debt-to-income ratio. However, some lenders require a 760 credit score before offering their best interest rates.

RELATED: Best Online Mortgage Lenders

Rentals (apartments)

Landlords don’t typically have a standard credit score they look for when deciding whether to approve a rental application. However, it’s unlikely that a landlord will decline a potential tenant because of a 750 credit score.

What will a 750 score impact?

Having a 750 credit score will affect some key financial aspects of your life.

Interest rates

Lenders pay close attention to credit scores when deciding which rates to offer borrowers for different products. A 750 credit score should get you a rate that’s among the best for nearly any loan product. Occasionally, however, some lenders will require a 760 credit score before offering the best mortgage rates.

Types of credit cards

Earning credit card rewards is important to a lot of people. However, someone with a lower credit score isn’t going to have a lot of opportunities to earn rewards. As your score increases, the cards available will also increase. Generally, someone with a 750 credit score can access the best credit cards with the most attractive perks.

How to improve your 750 credit score

Do you want to increase your credit score to ensure that you get the best rates possible? Here are a few tips to help.

Credit monitoring

Monitoring your credit score is one of the most important things you can do. It allows you to stay on top of potential problems on your credit report that could cause adverse movements in your FICO score. Services such as Experian keep you in the loop about changes to your credit report. If you spot things that don’t seem right, you can quickly have them corrected.

Experian CreditWorks℠

Monthly fee

Free

Credit scoring model used

FICO

Identity insurance

N/A

Experian CreditWorks provides everyday access to your Experian Credit Report & FICO® Score, updated Score Factors that show what’s positively or negatively impacting your FICO® Score, daily monitoring of your Experian Credit Report, and personal support from our dedicated team of credit and Fraud Resolution Agents.

Budgeting apps

If you’re not keeping a budget, you should be. Your credit utilization makes up 30% of your FICO score. This is the amount of credit you use compared with your available credit. When you track how much you’re spending each month, you’re more likely to keep your spending in control. Apps such as Simplifi by Quicken will give you visibility into how much you spend each month on different categories, helping you make adjustments if needed.

50% discount for Mint users

750 Credit Score: Is it Good or Bad? (5)

750 Credit Score: Is it Good or Bad? (6)

Simplifi

50% discount for Mint users

Simplifi

Fees

$2.39 a month (LIMITED TIME 3-month free trial to existing Mint users)

Features

Starts with tracking expenses to build a personalized budget based on your preferences, like zero-based budgeting or 50/30/20

Links to accounts

Yes

Promotion

50% discount for Mint users valid until Dec. 25, 2023

Automatic payments

The most significant piece of your credit score is your payment history, which makes up 35% of your FICO score. Missed payments can stay on your credit report for seven years and significantly impact your score.

The easiest way to ensure that you never miss a payment is to set up automatic payments. Most credit card companies allow you to set up automatic payments for the minimum balance, statement balance, or total balance on your card. You can use Cash App to set up automatic payments on other bills.

Limit your inquiries

When you apply for a new credit card or loan product, a hard inquiry will be done on your credit report. This will reduce your credit score by several points. While this is a short-lived impact, it can affect the interest rate for which you’re eligible. Some lenders may only do a soft pull on your credit to check for eligibility. This won’t have any impact on your credit score.

Keep accounts open if possible

If you have a credit card you’ve thought about canceling because of the annual fee, avoid it if possible. Fifteen percent of your credit score is the length of your credit, and closing credit cards can negatively impact that number. Instead, call your card issuer and ask if you can downgrade to another card with no annual fee. Most issuers are more than willing to do this. They keep you as a customer, and you no longer need to pay the annual fee on the card.

Get credit for nontraditional payments

Historically, not all payments have been considered when establishing your credit score. However, services such as Experian Boost will allow you to improve your credit score with on-time payments for rent, phone bills, and streaming services.

750 Credit Score: Is it Good or Bad? (7)

750 Credit Score: Is it Good or Bad? (8)

Experian Boost

Experian Boost

Monthly fee

Free

Credit scoring model used

FICO

Identity insurance

N/A

TIME Stamp: A credit score of 750 opens most financial doors

If you have a credit score of 750, you’re doing something right. You’re proving to lenders that you’re a responsible borrower and will be rewarded with lower interest rates on loan products and access to the best credit cards. That said, “very good” isn’t “exceptional.” You need a score of 800 or higher for that, and it could get you even better credit cards and the lowest mortgage interest rates.

Frequently asked questions (FAQs)

What interest rate can I get with a 750 credit score?

With a 750 credit score you’ll be able to get lower interest rates on auto loans, personal loans, and credit cards. While some mortgage lenders will offer you their lowest interest rates, others will require you to boost your credit score to 760.

How much can I borrow with a 750 credit score?

While your credit score is part of determining how much money you can borrow, other factors include your income and debt-to-income ratio. Lenders will use all this information to understand how much you can reasonably borrow for specific products.

What kind of home loan can I get with a 750 credit score?

The kind of mortgage you can get depends on more than just your credit score. Whether it’s a conventional mortgage or a government-insured one matters, as does whether it is a fixed- or variable-interest rate loan. Your annual income, the home’s location, the size of your down payment, and the term and amount of the loan all factor into what you may be offered.

As of Dec. 18, 2023, FICO reports that with a 750 credit score, the annual percentage rate (APR) on a 30-year fixed-rate conventional mortgage for $300,000 would be 6.416%. The monthly payment would be $1,880. For a 15-year fixed-rate version, those numbers would be 5.747% and $2,491.

The information presented here is created independently from the TIME editorial staff. To learn more, see our About page.

750 Credit Score: Is it Good or Bad? (2024)

FAQs

750 Credit Score: Is it Good or Bad? ›

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 big of a loan can I get with a 750 credit score? ›

With a credit score of 750, lenders will likely extend loans in the amount of $50,000 to $100,000. However, the exact amount you can borrow will vary depending on your lender and your overall financial situation.

What kind of house can I get with a 750 credit score? ›

With a 750 credit score, you're in the running for pretty much every kind of home loan. FHA loans, VA loans and USDA loans all have much lower minimum credit score requirements, and conventional loans have a minimum credit score requirement of 620.

What credit limit can I get with a 750 credit score? ›

What credit score is needed to get a high-limit credit card?
VantageScore 3.0 credit score rangeAverage 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

What kind of credit card can I get with a 750 credit score? ›

Chase Sapphire Preferred® Card.

Can you pull out a $5000 loan with a 750 credit score? ›

The best personal loans for a 750 credit score are from LightStream because they offer $5,000 - $100,000 with APRs of 7.49% - 25.99% and repayment periods of 24 - 84 months. You will need a credit score of 750+ to qualify for a personal loan from LightStream.

How much would a $5000 loan cost per month? ›

Based on the OneMain personal loan calculator, a $5,000 loan with a 25% APR and a 60-month term length would be $147 per month. The loan terms you receive will depend on your credit profile, including credit history, income, debts and if you secure it with collateral like a car or truck.

How rare is a 750 credit score? ›

Your credit score helps lenders decide if you qualify for products like credit cards and loans, and your interest rate. You are one of the 48% of Americans who had a score of 750 or above as of April 2023, according to credit scoring company FICO.

What credit score is needed to buy a $300K house? ›

The required credit score to buy a $300K house typically ranges from 580 to 720 or higher, depending on the type of loan. For an FHA loan, the minimum credit score is usually around 580.

Is there a big difference between 750 and 800 credit score? ›

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.

Which is the most difficult credit card to get? ›

Centurion® Card from American Express

A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.

Is a 900 credit score possible? ›

Highlights: While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score. The highest score you can receive today is 850. Anything above 800 is considered an excellent credit score.

How many people have 750 credit? ›

Credit score distribution: How rare is an exceptional 800 to 850 score?
FICO® Score rangePercent within range
650-69912%
700-74917%
750-79924%
800-85023%
4 more rows
May 31, 2023

What is the #1 credit card to have? ›

The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card in 2024 gives about 1% back.

What is the average credit score by age? ›

Average FICO 8 score by age
Age groupAverage FICO 8 score
18-29680
30-39692
40-49706
50-59724
1 more row
Mar 7, 2024

Can I get an American Express card with a 750 credit score? ›

Michael Battle, WalletHub Credit Card Analyst

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.

Can I get a $50000 loan with a 700 credit score? ›

With FICO, fair or good credit scores fall within the ranges of 580 to 739, and with VantageScore, fair or good ranges between 601 to 780. Many personal loan lenders offer amounts starting around $3,000 to $5,000, but with Upgrade, you can apply for as little as $1,000 (and as much as $50,000).

Is 750 a good credit score for personal loan? ›

There is no fixed number that can be marked as a minimum CIBIL Score for personal loan approval. However, a CIBIL score of 750 or above and as close to 900 is a good score and can open multiple loan options for you.

Can I get a 20k loan with 750 credit score? ›

You should have a 640 or higher credit score in order to qualify for a $20,000 personal loan. If you have bad or fair credit you may not qualify for the lowest rates.

How much would a $50,000 personal loan cost per month? ›

Here's what a $50,000 loan would cost you each month
8.00%12.35%
Seven-Year Repayment$779.31/month, $15,462.10 in interest over time$892.02/month, $24,929.90 in interest over time
10-Year Repayment$606.64/month, $22,796.56 in interest over time$727.51/month, $37,300.90 in interest over time
1 more row
Jan 20, 2024

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