Most lenders use FICO scores to make approval decisions when you apply for credit cards. Each bank and credit card issuer has its own score ranges it finds acceptable for a specific credit product and credit history. Therefore, there is no single set in stone score range used by all lenders. Below you can see the average FICO score range by credit history:
300-639: Poor or Bad credit
640-699: Fair or Average credit
700-749: Good credit
750 and up: Excellent credit
As you can see, the higher your credit score is, the better your credit history will be and the less risky borrower you are for lenders.
Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.