Ever wondered which credit cards are the best fit for your 700 credit score? Look no further! In this comprehensive guide, we'll explore some of the top choices for those in this credit range and provide you with all the necessary information to make an informed decision. So, join the Flik Eco community as we dive into the world of credit cards for 700 credit scores!
Good Credit Cards For 700 Credit Score Table of Contents
Understanding Your 700 Credit Score
First things first, having a 700 credit score is considered to be in the range of good to fair. This means that you have a good chance of being approved for credit cards but might not be eligible for the most premium rewards or lowest interest rates available. It's essential to find the right card that caters to your financial needs and goals.
Smart Credit Decisions: Cards to Consider
1. Chase Freedom Unlimited
- Generous cashback rewards
- No annual fee
- 0% introductory APR for 15 months
The Chase Freedom Unlimited offers a competitive 1.5% cashback on all purchases, making it an appealing choice for those seeking rewards without the need for complicated earning structures. With an introductory APR of 0% for the first 15 months, this card is attractive for those looking to make a large purchase or consolidate debt without accruing additional interest charges.
2. Amex Blue Cash Everyday
- High cashback on groceries and gas purchases
- No annual fee
- 0% introductory APR for 15 months on purchases
The Amex Blue Cash Everyday card provides an excellent opportunity for consumers to save on everyday expenses. Cardholders enjoy a 3% cashback on groceries, 2% cashback on gas, and 1% cashback on other purchases. With a 0% introductory APR on purchases for the first 15 months, this card is ideal for individuals who are looking for both cashback rewards and low interest rates.
3. Citi Rewards+ Card
- Rewards points for every purchase
- 0% introductory APR for 15 months on purchases and balance transfers
- No annual fee
The Citi Rewards+ Card is ideal for those seeking a card that offers both rewards points and low interest rates. Cardholders earn 2X points for every purchase at supermarkets and gas stations, and 1X points on other purchases. An added bonus is the round-up to the nearest 10 points on every purchase, maximizing your rewards potential. Combined with a 0% introductory APR on purchases and balance transfers for 15 months, this card is well-suited to those with a 700 credit score.
Good Credit Cards For 700 Credit Score Example:
Let's say Mary has a credit score of 700 and spends $500 a month on groceries, $200 on gas, and $300 on miscellaneous other expenses. With the Amex Blue Cash Everyday card, Mary would earn $180 cashback annually on groceries alone ($500 x 3% x 12), $48 on gas ($200 x 2% x 12), and $36 on other purchases ($300 x 1% x 12). In this scenario, Mary would save a total of $264 annually with this card.
There you have it! Now you're well-equipped to make a smart decision when choosing a credit card that aligns with your 700 credit score. Don't forget to share this guide with your friends and family. As always, check out the other informative guides available at Flik Eco to further empower your financial journey. Remember, knowledge is power, and we're here to help you wield it wisely!
