apple card reddit credit score

This means that you need at least good to get this card. The Apple Card s credit score requirement is 700.

Senior Ba Areas Business Analyst Career Management Finance Career

The 2 cash back on most purchases matches many of the highest flat-rate cash-back cards on the market.

. Enjoy Rewards Your WayRedeem Cash for Any Amount or Cover a Recent Purchase. Apple makes money only on transaction fees and outsources the lending to Goldman. And my card utilization will be so high that it hurts my credit score in the long run.

Many of the things that OP is complaining that Apple doesnt offer. The Apple Card s credit score requirement is 700. If you dont opt in when you accept the invitation to become a participant you can opt in at any time on your iPhone.

You can check your FICO score using other services that offer it. The limits are determined by the cardholders credit score credit age and income at the time of application. So far Apple has limited its reporting of consumer balances to one credit bureau TransUnion while no reporting was.

If your credit score is in the high 600s you may still get approved for some of the leading card offers but this is where you have to be careful. Not sure of current score but a few years ago was 820. I have declined the offer.

Apple Card Credit Score Reddit. Ad Easily Apply Online for The Best 0 Intro Interest Card with No Annual Fee in Minutes. Daily Cash 2 cash back with every purchase 3 with purchases at Apple clean look at your transactions.

So what credit score is needed for an Apple Card. Goldman Sachs 1 uses your credit score your credit report including your current debt obligations and the income you report on your application when reviewing your Apple Card application. Apple Card offers an APR between 1324 and 2424 based on your credit score and all approved cardholders will be placed at the bottom of the interest tier they fall into which will save everyone a little bit of interest.

With my 800 credit score I got 1000 usd credit limit not even enough for a new iPhone. The Reddit user under the name PoliticalGuy2016 delivered a particularly biting critique of Apples AAPL -386 card in a post entitled Ive owned the. This article highlights a number of factors that Goldman Sachs uses in combination to make credit decisions but doesnt include all of the details factors scores or other.

To request an increase to your Apple Card credit limit youll send a message to a Goldman Sachs representative to make your request. Most credit card companies pay thousands of dollars to acquire new customers whether it be through celebrity marketing 0 transfer offers points rewards etc. Credit limits and Credit Scores post here.

Cardholders have reported credit limits as low as 50 and as high as 15000. 465 47 votes There are multiple FICO Score versions available for lenders to use. While its possible to be approved with a lower score due to a high income or other positive factors its best to not take the risk.

We only have one other card that 1. There are two ways to opt in to build credit with Apple Card Family. Both scoring models are calculated using your payment history your.

55 50 votes It does have credit limits. If you dont have any other banks or cards that provide it then experian offers a free FICO score if you sign up. My current credit score is 650.

FAQ credit score required for apple card. When you accept an invitation to become a participant you can opt in to credit reporting. Got 1299 and 10K limit for Apple Card edit.

Plenty of other banks and cards offer it. Recent late payments charge-offs or other negative items. Owners of Apple Card are reporting Apple is finally expanding the number of credit reference agencies it will report to with claims the Apple-branded credit card is starting to appear on credit reports generated by Experian.

This is my first post on Reddit as the OP. I have a 750 credit score on Transunion Equifax and a 725 FICO score. The basic range of credit score categories are as follows.

This article highlights a number of factors that Goldman Sachs uses in combination to make credit decisions but doesnt include all of the. Ad Redeem Rewards for Cash Back Statement Credit or Gift Cards to Your Favorite Merchants. FICO Score 9 ranges from 300 to 850 with scores above 660 considered favorable for credit approval.

Apple Card purchases made with the physical credit card rather than via Apple Pay earn just 1 back. A score below 580 is. But it comes with a big asterisk because you must use Apple Pay to get elevated rates.

Apple CardGoldman Sachs doesnt offer any credit checking or FICO score checking services yet. First the most commonly used credit score range is 300 850. It states it does not effect your credit score if you are declined but YES IT DOES.

So what credit score is needed for an Apple Card. No late fees no annual fees no over limit fees no international fees on this credit card. First the most commonly used credit score range is 300 850.

780 w a 7500 limit 1799 apr - was very surprised by the limit pleasantly - although Im going to keep the card for just Apple Pay and Apple Store purchases until they provide a joint owner option one day and then Ill consider migrating from the Chase Sapphire. Apply for a different card this one is not it. I just applied the Apple Card through my phone.

717 credit score 22kyear income. Its good to note that the Apple Card credit score requirement is comparable to that of similar cards on the market. A score below 580 is considered poor a score in the range of 580 669 is.

Wouldnt get it even if I had an iPhone. Get 0 Intro APR Enjoy Interest Free Payments until Nearly 2024. How to build credit history with Apple Card Family.

Youre more likely to be approved if you have a year or two of on-time payments and very little credit card debt. Apple Card uses FICO Score 9. Unlike many other credit cards only one person may use the digital card.

The billing zip code is to put it briefly the number that appears to a bank of which you are a customer as an official concerning youIn other words it is the postal code of the. The two main credit scoring models lenders use are FICO Score and VantageScore both which typically range from 300 to 850. Credit Karma said my chances of being approved for the Apple Card was outstanding but I was declined.

Pin On Free Design Resources For Sketch