Credit cards can be a fantastic financial tool if used responsibly. They can help you build your credit score, offer rewards and cashback, and provide a safety net in case of emergencies. But what if your credit score is around 680? This is considered "fair" to "good" credit, so what kinds of credit cards should you be looking for? In this Flik Eco article, we'll dive into the best credit cards for a credit score of 680, as well as some valuable tips to help you improve your score further.
Credit Cards For Credit Score Of 680 Table of Contents
Why Credit Score Matters
Your credit score represents your creditworthiness and is used by lenders, credit card issuers, and other financial institutions to determine how likely you are to repay debts. A higher credit score often leads to better interest rates and more attractive credit card offers.
In general, credit scores can be classified as follows:
- Poor: below 580
- Fair: 580 to 669
- Good: 670 to 739
- Very Good: 740 to 799
- Excellent: 800 and above
Having a credit score of 680 means you're in the fair to good range, which means you have a decent chance of getting approved for credit cards that offer rewards, cashback, or lower interest rates – but not necessarily the best on the market.
Best Credit Cards for a 680 Credit Score
When shopping for a credit card, keep in mind that not all cards will be suitable for someone with a 680 credit score. Look for cards specifically designed for those with fair to good credit, as these are more likely to approve you. Here are some options worth considering:
1. Cashback Credit Cards
These cards offer a percentage of cashback on your purchases, allowing you to save money when you spend. Some popular cashback credit cards for those with a 680 credit score include:
- Capital One QuicksilverOne Cash Rewards Credit Card
- Discover it Cash Back
- Chase Freedom Flex
2. Reward Credit Cards
Reward credit cards offer points or miles that can be redeemed for travel, gift cards, or other rewards. Look for cards with lower annual fees and reward programs that align with your spending habits. Some options for those with a 680 credit score include:
- Capital One VentureOne Rewards Credit Card
- Bank of America Travel Rewards Credit Card
- Wells Fargo Propel American Express Card
3. Low-interest Credit Cards
If you carry a balance on your credit card, having a low-interest rate can save you a significant amount of money in the long run. Some low-interest credit cards for a 680 credit score include:
- U.S. Bank Visa Platinum Card
- American Express Cash Magnet Card
- BankAmericard Credit Card
Credit Cards For Credit Score Of 680 Example:
Imagine you're a frequent traveler who wants a credit card that earns rewards and matches your credit score of 680. After researching, you decide to apply for the Bank of America Travel Rewards Credit Card. With this card, you earn 1.5 points for every dollar you spend on all purchases, and there is no annual fee. By using this card for your everyday expenses and paying the balance in full each month, you can save up for a vacation or other rewards without hurting your credit.
Having a 680 credit score doesn't mean you're out of luck when it comes to securing a great credit card. By considering the options above and researching what best suits your spending habits, you can find a credit card that will help you earn rewards, save money, and improve your credit. Don't forget to share this Flik Eco article with your friends and explore our other guides on personal finance topics like saving, investing, and using credit responsibly!
