Credit Cards

Credit Cards For A 670 Credit Score

Credit Cards For A 670 Credit Score

Building your credit score can be a daunting task, especially when it comes to credit card options. If you have a 670 credit score, you're right on the edge of good and fair credit, and we're here to help. In this Flik Eco guide, we'll explore the best options for credit cards tailored to your credit score and help you take control of your personal finances. Let's dive in and discover the top credit cards that can help you grow your financial potential and boost your credit score.

Why is 670 an important credit score?

A credit score of 670 is considered fair, and it is just before the borderline for good credit, which starts at 670 according to the FICO scoring model. This means that you have potential access to better credit card offers, lower interest rates, and improved rewards. However, it's essential to choose the right card that suits your situation and financial needs.

Credit card options for a 670 credit score

Here are some top credit card options for those with a 670 credit score:

1. Capital One QuicksilverOne Cash Rewards Credit Card

  • Unlimited 1.5% cash back on all purchases
  • No foreign transaction fees
  • Access to higher credit limits after making on-time payments
  • Annual fee: $39

2. Discover it Secured Credit Card

  • 2% cash back at gas stations and restaurants (up to $1,000 in purchases each quarter), and 1% cash back on all other purchases
  • No annual fee
  • Secured card – Requires a security deposit to open an account
  • Automatic credit limit review after 8 months to assess if the security deposit can be returned

3. Petal 2 "Cash Back, No Fees" Visa Credit Card

  • 1% cash back on all purchases, increasing to 1.5% after 12 on-time monthly payments
  • No annual fee, late fees, or foreign transaction fee
  • Uses a non-traditional underwriting process to assess applicants, making it accessible for those with limited credit histories

Tips for using your credit card to build credit

Once you’ve secured a credit card that works for your situation, follow these tips to build your credit score:

  1. Pay your bill on time: Making sure you always pay your bill on time will have a positive impact on your credit score. Missed payments can hurt your score, so stay on top of your deadlines.
  2. Keep your credit utilization low: Aim to utilize only 30% of your available credit limit or less, as high utilization rates may negatively affect your score.
  3. Monitor your credit report: Stay informed by keeping an eye on your credit report and addressing any errors that may arise.

Credit Cards For A 670 Credit Score Example:

Suppose Sarah has a credit score of 670 but has never owned a credit card before. She decides to research the best options and comes across the options mentioned in this article. She chooses the Discover it Secured Credit Card because it has no annual fee and offers cash back rewards. Sarah invests her security deposit and starts utilizing her card for everyday purchases.

Each month, Sarah ensures her bill is paid in full and on time. She also monitors her credit utilization, ensuring it stays below 30%. Additionally, she regularly checks her credit report to ensure accuracy. After 8 months, Sarah has built a strong credit history and she's able to qualify for even better offers and rewards.

As you can see, there are a variety of credit card options available for those with a 670 credit score. By following our advice and selecting the right card, you can start building better credit and gain access to even better financial tools and opportunities. If you found this article helpful, please share it with your friends and family and explore Flik Eco's vast range of guides to conquer your personal finance journey.


About Jermaine Hagan (The Plantsman)

Jermaine Hagan, also known as The Plantsman is the Founder of Flik Eco. Jermaine is the perfect hybrid of personal finance expert and nemophilist. On a mission to make personal finance simple and accessible, Jermaine uses his inside knowledge to help the average Joe, Kwame or Sarah to improve their lives. Before founding Flik Eco, Jermaine managed teams across several large financial companies, including Equifax, Admiral Plc, New Wave Capital & HSBC. He has been featured in several large publications including BBC, The Guardian & The Times.

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