Posted on: May 26, 2016

A credit score of 740 vs. 690 will get you the following:

 

-1-

 

Increased credit card limits

 

You will be able to borrow more if you ask your banks for more credit. As always, be responsible about your credit.

-2-

 

Better mortgage rates

 

 

If you a prime credit score (above 730), you will get access to the best possible mortgage rates. This can add up on a 20-year mortgage loan.

 

 

-3-

 

Better credit card deals

 

 

It will be easier for you to get approved to credit cards with great perks such as:

 

 Chase Sapphire Preferred

 

chase-sapphire-preferred-card

 

 

American Express Premier Rewards Gold

 

american-express-premier-rewards-gold-card

 

 

 

 

Have a question? Ask our Credit Card Expert at Silver credit, Christophe Ochin, or email him directly

 

Editorial Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.