What credit score is needed for Apple Card? (2024)

What credit score is needed for Apple Card?

There are multiple FICO Score versions available for lenders to use. Apple Card uses FICO Score 9. FICO Score 9 ranges from 300 to 850, with scores above 660 considered favorable for credit approval.

What is the minimum credit score for Apple Card?

If your credit score is low — for example, if your FICO^® Score 9 is less than 610⁶ or Lift Premium score is lower than 580⁷ — Apple Financing might not approve your application.

Can I get an Apple Card with a 600 credit score?

Goldman Sachs uses TransUnion and other credit bureaus to evaluate your Apple Card application. If your credit score is low (for example, if your FICO9 score is lower than 600),⁵ Goldman Sachs might not be able to approve your Apple Card application.

Is it hard to get approved for Apple Card?

When you apply for an Apple Card, Goldman Sachs will review your FICO® Score based on the information on your TransUnion credit report. While some people have been approved for the Apple Card with subprime or fair credit scores (under 670), you'll have an easier time getting approved with a good to excellent score.

What credit card can you get with a 600 credit score?

Can I get an Apple Card with a 580 credit score?

Applicants with scores above 660 are "considered favorable for credit approval," according the Apple Card's website. In other words, those with at least a "good" score have a chance at getting the card. Apple Card's issuer, Goldman Sachs, uses the FICO Score 9 score model, which ranges from 300 to 850.

What credit card can I get with a 550 credit score?

One of the best credit cards for a 550 credit score is the OpenSky® Plus Secured Visa® Credit Card because it has a $0 annual fee and there's no credit check when you apply, so approval is almost guaranteed. You just need $300 for a refundable security deposit and enough income to make monthly payments.

What is the max credit limit on Apple Card?

It does have credit limits. The limits are determined by the cardholder's credit score, credit age, and income at the time of application. Cardholders have reported credit limits as low as $50 and as high as $15,000. An Apple Card may be shared using Apple Card Family.

What is a FICO score of 9?

FICO 9 is a credit scoring model introduced by FICO (formerly the Fair Isaac Corporation) to lenders in 2014 and consumers in 2016. 12 FICO 9 differs from previous versions of the FICO credit score primarily in its treatment of medical and other collection accounts.

Is Apple Card worth it?

Should you get an Apple Card? If you're an Apple enthusiast, this is likely a great option for you. The Apple Card comes with solid cash back rewards and no annual fees, and seamlessly integrates with your Apple devices. But depending on your spending habits, you may want a card with higher cash back earning rates.

Who qualifies for Apple Card?

To be eligible to apply for Apple Card, you must be 18 years old or older, depending on where you live. You must be a U.S. citizen or a lawful resident with a valid, physical U.S. address that's not a P.O. Box. You can also use a military address. Your device must be compatible with Apple Pay.

Why did I get declined for Apple Card?

Your credit score is too low

Apple lists a FICO credit score of less than 660 as an example of a score that may be too low to qualify for the Apple Card. A score higher than 660 is no guarantee of approval, however, and plenty of users with scores in the 700s have reported being denied.

How quickly is Apple Card approved?

While approvals are usually rapid, it may take up to 30 days.

Is it true that after 7 years your credit is clear?

Most negative items should automatically fall off your credit reports seven years from the date of your first missed payment, at which point your credit score may start rising. But if you are otherwise using credit responsibly, your score may rebound to its starting point within three months to six years.

What is a good credit card for 650 credit score?

The Capital One Quicksilver Secured Cash Rewards card provides the best of both worlds for someone with a 650 credit score. Cardholders earn 1.5% cash back on all purchases.

How to get from a 600 to a 750 credit score?

Is Credit Karma credit score accurate?

The credit scores and credit reports you see on Credit Karma come directly from TransUnion and Equifax, two of the three major consumer credit bureaus. They should accurately reflect your credit information as reported by those bureaus — but they may not match other reports and scores out there.

Does Apple Card give credit increases?

You typically need a payment history of six months or more with your Apple Card before you may qualify for a credit limit increase. However, other factors affect the outcome of your request too. For instance, a recent pay hike might work in your favor.

How to increase credit score from 580 to 750?

What is the easiest card to get approved?

How long does it take to go from 550 to 750 credit score?

For instance, going from a poor credit score of around 500 to a fair credit score (in the 580-669 range) takes around 12 to 18 months of responsible credit use. Once you've made it to the good credit zone (670-739), don't expect your credit to continue rising as steadily.

How big of a loan can I get with a 550 credit score?

How often does Apple Card give limit increases?

The Apple Card will increase your credit limit no more than once every six months, generally. It's typical for credit cards to have a waiting period between increases. Keep in mind that your chances of getting a credit limit increase are best if you've made the last six consecutive payments for the account on time.

Is Apple Card credit increase a hard pull?

Impact of an Apple Card Credit Limit Increase on Your Credit Score. When you request an Apple Card credit limit increase, Marcus by Goldman Sachs will conduct a soft pull of your credit report, which does not affect your credit score.

How do I get a high limit on my Apple Card?