Credit Score Needed For Walmart Card

September 07, 2020

Scores in the high 600s are borderline good. Keep in mind that if you have lower credit you probably wont get a high credit limit.

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Oldest credit line is at 6-7 months have around 4500 total credit line spread between 3 other cards applied for this and was approved for the Walmart Mastercard not the store card instantly at 1800 limit.

Credit score needed for walmart card. As a result carrying a balance from month to month with the Walmart Card isnt the best idea. 700 749 To have good credit your credit scores need to be in the 700s. With that said this is just a generalization and not an indication as to whether youll be approved.

For a Walmart credit card a score of 660 or higher is recommended but those with scores as low as 550 have reported success when applying for the card. There are user reports of being approved with a score as low as 600. Getting approved for a credit card requires a little planning.

A top-shelf card with the richest rewards and greatest benefits will require not only excellent credit a credit score above 740 but also a solid proof of income and a low debt-to-income ratio. It provides the following benefits. On the other hand some secured credit cards offerings that require a refundable cash deposit that equals your credit limit dont require credit checks for acceptance.

Walmart does not provide specific numbers for its credit score requirements customer service representatives for Walmart Credit Services said. Lowest credit score needed for walmart target 650s to be on the safe side but I have seen some approved with as low as 600-620 for Wal Mart they would pull TU. However one representative noted that the Capital One Walmart Rewards Mastercard is designed for good-to-excellent credit levels.

If you are denied the credit card. What are the relevant APRs for Walmart credit card. Credit Score For Walmart Credit Card Walmart reports that youre more likely to be approved for their Mastercard credit card with a score of 640 or higher.

In order to qualify for the Walmart card the FICO credit score required is typically in the mid 600s and lower 700s Also Read. However there have been reports of approvals with a score as low as 640. As you can see below 640 is considered fair.

The Walmart Credit Card credit score requirement is good credit for the Mastercard and fair credit for the store card version. What Credit Score Is Needed for a Walmart Credit Card. Best Buy credit cards which are issued by Citibank require a credit score of at least 660.

Reports to major credit bureaus. You will only qualify for a Walmart Mastercard with a credit score of 660 or higher. What Is Good Credit Score Range.

Ensuring your revolving balances are. Generally you can consider 650 to be the minimum credit score cutoff for credit card approval. The Walmart credit card reports to all 3 credit bureaus so its a great way to build credit with responsible use.

As you can see below 640 is considered fair. The reason for these different requirements is that the Mastercard can be used anywhere while the store card can only be used at Walmart and its. While there are a handful of reports from those with credit scores in the 600 range getting approved for the Walmart Credit Card the general consensus is that Walmart largely declines applications from those with low FICO scores past bankruptcies repossessions and high levels of debt.

What are the Walmart credit card benefits. The Mastercard version usually requires a credit score of 660 or higher which is considered the low end of good on the credit score scale. So thats a score of 700 for the Mastercard and 640 for the Store Card.

The minimum recommended credit score for this credit card is 700. And as far as target goes you can get approved for your scores they would pull EQ. To qualify for a Walmart credit card you must have a credit score of at least 550.

Applicants with credit scores hovering in the very high 500s have been approved for the Walmart credit card and applicants with credit scores in the 600s have gotten the Walmart Masterсard. Most credit card offers require very good credit. While our scale for good originally went as low as 680 youll have a much harder time getting approved for credit card offers the.

Anything around that should qualify you for a standard loan or credit card while anything below 650 might make it difficult to take advantage of credit. If you apply for a credit card the lender may use a different credit score when considering your application for credit. The minimum recommended credit score for this credit card is 640.

The Walmart Cards APR at 2699 V is above the averages for store cards 2391 as well as other credit cards that require fair credit for approval 2313 according to WalletHub research. The credit limit you qualify for with each card can vary and depends mainly on your credit score and income. How to Increase Your Chances of Getting Approved for the Walmart Rewards Card.

Capital One Walmart Rewards Mastercard Review