Posted on: Jan 9, 2016

Your credit score is considered as good if it stands between 690 and 740.

A good credit score will get you the following:

  • Increased credit card limits:ou will be able to borrow more if you ask your banks for more credit. As always, be responsible about your credit
  • 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
  • Better credit card deals: it will be easier for you to get approved to credit cards with great perks such as Chase Sapphire Preferred, American Express Premier Rewards Gold, American Express Starwood

 

 

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.