743 Credit Score: Is It Good or Bad?

A credit score of 743 is considered very good, positioning you to access some of the finest financial products available. This high score significantly enhances your chances of qualifying for exceptional personal loans and credit cards with premium rewards, although approval is not guaranteed by all issuers. Having a score in this range offers a notable advantage, as it surpasses the national average and is significantly higher than what is considered bad credit.

While a score of 743 is impressive, there is still potential for improvement. Let's delve into your very good credit score, discussing strategies to maintain and even enhance it. By doing so, you can secure access to the absolute best financial products, ensuring you benefit from the most favorable terms and conditions available.

What kind of credit score is 743?

Credit scores falling between 740 and 799 are part of the very good category. 21% of people in the United States have scores in this range. Achieving a very good credit score signals to lenders that you're a low-risk borrower and is indicative of timely bill payments, low debt levels, and judicious financial management.

Individuals with a credit score of 743 are perceived by lenders as reliable and financially responsible, allowing them to avoid high interest rates, extra fees, or security deposits that are typically imposed on those with poorer credit to protect the lender’s interests. This level of trust translates into eligibility for loans with favorable interest rates and lenient terms and access to credit cards with lucrative rewards.

Moreover, having a very good credit score can have other financial advantages, including lower premiums on insurance policies, better terms on rental agreements, and even enhanced employment prospects. By practicing responsible credit habits you can sustain and potentially improve your score, unlocking even more financial benefits and opportunities.

Getting a credit card with a 743 credit score

With a 743 credit score, you're in an enviable position when it comes to credit card applications. You'll likely qualify for cards offering the best rewards, lowest interest rates, and premium benefits. Credit card issuers view applicants with scores in this range as highly desirable, which means you can be selective about choosing cards that best align with your financial goals and spending habits.

Bad Credit? Get $1,000 with No Deposit

4.9

Moneyfor rating Moneyfor's ratings are determined by our editorial team. The scoring formula takes into account the type of card being reviewed (such as cash back, travel or balance transfer) and the card's rates, fees, rewards and other features.

Instant Approval Credit Cards
Bad Credit Credit Cards with no Deposit
Best Credit Card Offers

Fees & Rates of Сards for bad Сredit

Annual Fee N/A

Intro APR N/A

Regular APR 10%

Credit Score Range 300-579

Monthly Fee $0

Are you struggling with a low credit score and feeling the impact on your financial opportunities? It's time to turn the tide with our specially designed credit cards for bad credit! Our cards offer a lifeline to those who need a fresh start, providing the perfect tools to rebuild your credit score and regain financial stability.

Apply Now

A whole range of rewards cards are available to you. A few favorites include:

Cash Back Cards: Cash back cards offer a straightforward way to earn rewards, typically providing a percentage of your purchases back in cash. They are ideal if you prefer simple rewards that can be used for anything. Some cash back cards offer higher returns on specific categories such as groceries, gas, or dining, making them a great choice if you have regular expenses in these areas. This flexibility and simplicity make cash back cards a popular choice for many consumers looking to maximize their everyday spending rewards.

Points Cards: Points cards reward you with points for every dollar spent, which can be redeemed for various options like travel, merchandise, or gift cards. These cards often offer bonus points for spending in certain categories or for making purchases through their online portals. Their flexibility and multiple redemption options make points cards highly valuable, especially if you enjoy having diverse ways to use your rewards. Whether you're saving for a vacation, shopping for new gadgets, or simply looking for versatile rewards, points cards can be an excellent choice.

Miles Cards: Perfect for frequent travelers, miles cards allow you to earn airline miles with every purchase. These miles can be redeemed for flights, seat upgrades, and other travel-related expenses, making them highly valuable for those who travel often. Some of these cards are affiliated with specific airlines, offering additional perks with that airline, while others provide more general travel rewards that can be used across multiple airlines. This flexibility makes miles cards an excellent choice for maximizing travel benefits and enjoying a more rewarding travel experience.

Co-branded Cards: These cards are issued by banks in partnership with specific retailers or service providers, offering enhanced rewards and benefits when used with the co-branded partner. For example, a co-branded hotel card might offer bonus points for stays at the hotel chain, free nights, and complimentary upgrades, making it an excellent choice for loyal customers of that brand. These cards provide tailored perks that can significantly enhance the value for consumers who frequently use the services of the co-branded partner, ensuring a more rewarding and personalized experience.

Travel Cards: Travel rewards cards are tailored for those who frequently spend on travel, offering perks like travel credits, free hotel nights, airport lounge access, and complimentary upgrades. These lucrative rewards can greatly enhance your travel experience. However, these cards often come with higher annual fees and APRs. It's essential to weigh the benefits against the costs to determine if they align with your travel habits and financial goals. Evaluating your spending patterns and travel frequency can help you decide if a travel rewards card is worth the investment.

Business Rewards Cards: These cards are designed for small business owners or entrepreneurs, providing rewards for business-related expenses like office supplies, advertising, and travel. Business rewards cards help manage expenses more efficiently by offering cash back or points on purchases essential to running a business. The rewards earned can be reinvested into the business, providing valuable savings and financial benefits. By optimizing spending with these cards, business owners can enhance their cash flow and take advantage of the perks tailored to their operational needs.

Balance Transfer Cards: If you have a lot of debt, a balance transfer card with a 0% introductory APR can be very beneficial. These cards allow you to transfer existing balances from high-interest credit cards and pay off the debt over a set period without accruing additional interest. This can save you significant money on interest payments and help you pay down debt faster. By consolidating your debt onto a single card with no interest during the introductory period, you can make more substantial progress in reducing your overall debt.

When choosing a credit card, consider your spending habits and financial goals. If you travel frequently, a travel rewards card or a miles card might be the best fit. For everyday purchases, a cashback or points card could offer the most value. Consider the annual fees, APRs, and potential rewards to ensure the card aligns with your financial strategy. With your very good credit score, you can choose from the best options available, maximizing the benefits while minimizing costs.

Getting a personal loan with a 743 credit score

With a 743 credit score, securing a personal loan should be easy. Few lenders require a credit score above 740, so your score almost guarantees your application's acceptance. As a borrower with prime status, you're poised to receive loans under the most favorable conditions and with minimal interest rates from lenders. Your very good credit score is a key asset, allowing you to get any loan you need, whether it's to consolidate debt, purchase a big-ticket item, or cover unexpected expenses.

Here are different types of loans you might consider:

Personal Loans: Personal loans are versatile financial tools that can be used for various purposes such as home improvements, medical expenses, or vacations. They typically come with fixed interest rates and repayment terms, making budgeting easier and more predictable. With your high credit score, you can expect to receive competitive interest rates and favorable terms from reputable lenders, allowing you to borrow money with confidence and manage your expenses effectively. Personal loans provide the flexibility to address a wide range of financial needs efficiently.

Debt Consolidation Loans: Debt consolidation loans are designed to combine multiple debts into a single loan with a lower interest rate, simplifying repayment and saving you money on interest. With your excellent credit score, you can secure a debt consolidation loan at a favorable rate, making it easier to manage your finances. By consolidating your debts, you can reduce your debt burden more quickly, streamline your payments, and focus on achieving financial stability and freedom. This approach helps in efficiently tackling high-interest debts and improving overall financial health.

Business Loans: Business loans provide essential funds for starting, expanding, or maintaining a business, covering expenses such as equipment, inventory, or payroll. Your strong credit score increases your chances of securing a business loan with favorable terms, including lower interest rates and flexible repayment options. This financial support can significantly contribute to your business's growth and success, allowing you to invest in necessary resources, manage cash flow effectively, and capitalize on new opportunities to ensure your business thrives in a competitive market.

Secured Loans: Secured loans require collateral, such as a car, home, or savings account, to back the loan, making them less risky for lenders. As a result, secured loans often feature lower interest rates and higher borrowing limits compared to unsecured loans. Your strong credit score, combined with valuable collateral, enhances your ability to obtain a secured loan with attractive terms. This type of loan can provide you with the funds needed for significant expenses while benefiting from more favorable financial conditions, making repayment more manageable. The catch with secured loans is that if you default on the loan the lender can seize your asset to recoup their losses.

Auto Loans: Auto loans are used to finance the purchase of a vehicle, whether new or used. With a high credit score, you can qualify for low-interest rates and favorable loan terms, significantly reducing the overall cost of your vehicle purchase. These favorable terms make auto loans a practical and cost-effective option for acquiring a car, allowing you to spread the cost over time while enjoying the benefits of lower monthly payments and less interest paid over the life of the loan.

Mortgages: Mortgages are long-term loans used to purchase property. With a very good credit score like yours, you can secure a mortgage with a low interest rate, saving you thousands of dollars over the life of the loan. Additionally, your excellent credit may qualify you for superior loan products, such as those with flexible repayment terms or lower down payment requirements. This financial advantage can make homeownership more affordable and accessible, allowing you to benefit from better terms and significant savings throughout your mortgage.

Cash Advance Loans: Cash advance loans from fintech apps provide short-term loans that are typically repaid on your next payday. These apps let you access quick cash with no interest, no credit check, and minimal fees. You link your bank account, set up direct deposit, and the app will determine how much to lend to you. The fee structure varies depending on the app. Some charge a flat rate, while others use a subscription model, or ask for an optional tip. Almost all offer a fast funding fee if you need the cash instantly. While the fees are minimal, they can add up if you tip too much or constantly pay a fast funding fee. Overall, cash advances are a useful low cost option for emergencies but should not be relied on.

Prequalifying and Comparing the Best Offers: Before committing to any loan, it's wise to prequalify with at least three different lenders. Prequalification involves a soft credit check, which won't affect your score. The lender looks at your basic financial information to see if you may qualify and provides an estimate of the loan terms you might receive. Prequalifying for a loan does not guarantee approval but lets you know if you have a chance at receiving the loan. This preliminary step also allows you to compare offers based on interest rates, repayment terms, fees, loan amounts, and other features to ensure you apply for the best offer available.

Utilizing online comparison tools or online loan marketplaces can streamline this process and help you efficiently find the best loan for your needs. These tools and platforms enable you to compare multiple offers by submitting a single application. You can then make an informed decision and apply directly with the lender who offers you the most favorable terms. Taking the time to prequalify and compare will lead to better financial health and smarter borrowing decisions.

Your 743 credit score opens doors to a wide range of loans with favorable terms. Whether you need a personal loan, a mortgage, or a business loan, your creditworthiness positions you to secure the best offers available. Always prequalify and compare multiple options to ensure you get the most beneficial terms for your financial situation.

Take your 743 credit score with a grain of salt

Achieving a credit score of 743 is indeed an accomplishment worth celebrating, but it's crucial to avoid resting on your laurels. Credit scores can change over time, and diligent management of your financial behavior is essential to either sustain or boost your score further. Regularly checking your credit report for any inaccuracies or signs of unauthorized activity is also important, as these can adversely affect your credit standing.

While a very good credit score is a significant factor in lending decisions, it's not the sole aspect lenders consider. Your income, job stability, and existing debt obligations also play critical roles. Lenders assess your overall financial health to determine your ability to repay a loan. It's possible to have an impressive score yet face loan denial if your debt-to-income ratio is unfavorable or if there's a history of opening several new credit lines in a short period. These factors can indicate financial instability or potential overextension, raising red flags for lenders.

Therefore, while your high score is commendable, remember that it's part of a broader financial picture. Maintaining a balanced approach to your finances, such as managing debt wisely, ensuring stable income, and avoiding unnecessary credit inquiries, will help you not only preserve your credit score but also enhance your overall financial well-being. By staying proactive and informed about your credit and financial health, you can continue to enjoy the benefits of a high credit score and secure your financial future.

How can I get my score even higher?

Having a very good credit score distinguishes you from those with bad credit and typically qualifies you for the most advantageous credit offerings. Yet, you’re not at the top. Ascending to the elite 800s ranks is achievable with continued diligence and patience.

How Credit Scores Are Calculated

Did you know that you have multiple credit scores? Yes, there are multiple credit scoring models - FICO and VantageScore are the biggest names - and each credit bureau may have slightly different data, resulting in slightly different scores. It starts to get complicated. The good news is if you have a very good score from one bureau using one scoring model, it is highly likely that you have a very good score across the board.

Credit scores are calculated similarly, no matter which model you use. Since almost all lenders use FICO, we'll review the key factors used in determining your FICO score:

Payment History (35%): This is the most significant factor. Lenders want to know whether you pay your bills on time. Late payments, defaults, and bankruptcies negatively impact this aspect of your score.
Credit Utilization (30%): This refers to the amount of credit you're using compared to your total available credit. Lower utilization rates are better, indicating responsible credit management.
Length of Credit History (15%): The longer your credit history, the better. This factor looks at the age of your oldest account, the age of your newest account, and the average age of all your accounts.
New Credit (10%): Frequent applications for new credit can lower your score. Each application results in a hard inquiry, which can slightly ding your score.
Credit Mix (10%): Having a variety of credit types, such as credit cards, mortgages, and auto loans, can positively affect your score, demonstrating your ability to manage different types of credit.

Steps Toward Exceptional Credit

Get Your Credit Report: Regularly checking your credit report is crucial for maintaining a high credit score. By reviewing your report, you can identify and dispute any errors or unauthorized activities that could negatively impact your rating. It also allows you to monitor your credit usage and ensure that all information is accurate. Access your free credit report annually from each of the three major credit bureaus to stay informed and proactive about your credit health.

Implement Autopay: Eliminate the risk of human error by setting up autopay. You can choose to pay either the full balance or the minimum due, whichever you prefer. This ensures your payments are always on time, bolstering your payment history and positively impacting your credit score. Autopay simplifies financial management, helping you avoid late fees and maintain a strong credit profile.

Minimize Utilization: Strive to limit your credit utilization to 10% or less of your available credit. This demonstrates that you’re not reliant on credit, which is viewed positively by lenders. Keep your cards active by using them wisely and paying off the balances promptly. Maintaining low utilization helps improve your credit score and shows lenders that you manage your credit responsibly.

Pay Bills Throughout The Month: Paying your bills in part throughout the month can help maintain a low credit utilization ratio, as it reduces the balance reported to credit bureaus at the end of the billing cycle. By making an additional payment before your statement closing date, you can effectively lower your reported balance, which positively impacts your credit utilization and, consequently, your credit score. This strategy can help you manage your credit more effectively and improve your score over time.

Reconsider Closing Old Accounts: While closing inactive accounts might seem like a good idea, it can adversely affect your credit by raising your utilization ratio and decreasing the average age of your credit history. Unless the fees are prohibitive, it's better to keep these accounts open. This strategy helps maintain a low utilization rate and a longer credit history, both of which positively impact your score.

Be Selective About New Credit: Applying for credit too frequently may signal dependency on borrowing to lenders. Limit new credit applications to when absolutely necessary and be selective about where you apply. Each hard inquiry can reduce your score slightly, so only apply when you are confident of approval. Being strategic with applications helps maintain your credit score and demonstrates responsible credit management.

Cultivate Your Credit's Age: Those with scores in the 800s often have credit histories longer than 10 years. The longer you've had credit, the more data lenders have on your repayment habits and credit usage. Patience and keeping accounts open are key to this long-term strategy. A lengthy credit history shows lenders your consistent and responsible credit behavior, which is crucial for achieving an excellent credit score.

By keeping these tips in mind and maintaining responsible credit behaviors, you're well on your way to further improving your credit score, potentially reaching the exceptional 800s range and accessing the best financial opportunities available.

Next Steps for your 743 credit score

Overall, you're eligible for the finest financial products out there, a testament to your hard work and disciplined financial management. Your 743 credit score opens doors to the best loans, credit cards with top rewards, and other financial opportunities. This level of achievement provides a stable platform from which to maintain your positive financial habits. However, while commendable, this score places you just shy of the elite 800s bracket.

If you're driven to elevate your score to its utmost potential, continuing with your strong credit practices is essential. Focus on consistent and timely payments, which are critical to demonstrating reliability to creditors. Reducing your debt is another key strategy. Lower debt levels improve your credit utilization ratio, a major factor in credit score calculations, and show that you manage your finances well.

Paying off your balances completely every month can also make a significant difference. This practice not only avoids accruing interest but also ensures your credit utilization remains low, further enhancing your credit profile.

Bear in mind the importance of patience. Ascending to exceptional credit status is a gradual process that requires consistent effort over time. Regularly monitoring your credit report for errors and staying informed about your credit status can help you stay on track. With diligence and a strategic approach, reaching the 800s bracket is a realistic and achievable goal, offering even greater financial benefits and security.

1. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.

2. Paycheck Advance is an earned wage access service and is not a loan or credit product.

3. Current is a financial technology company, not an FDIC-insured bank. FDIC insurance up to $250,000 only covers the failure of an FDIC-insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Banking services provided by Choice Financial Group, Member FDIC, and/or Cross River Bank, Member FDIC. The Current Visa® Debit Card, which may be issued by Choice Financial Group and/or Cross River Bank, and the Current Visa® secured charge card, which is issued by Cross River Bank, are all issued pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. A Current debit account is required to apply for the Current Visa® secured charge card. Independent approval required.

4. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

5. Debit card: Fees may apply, including out of network cash withdrawal fees, third-party fees, cash load fees, inactivity fees, account closure fees, international transaction fees, replacement card fees, express mail fees and escheatment fees. Build Card: Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

6. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Current Visa® secured charge card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.

7. Individual results may vary. Using your credit card responsibly may allow you to improve your credit score. Credit building depends on various factors, including your payment history, credit utilization, length of credit history, and other financial activities.

8. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

9. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Funds held in Savings Pods are FDIC-insured on a pass-through basis up to $250,000 at our partner bank Choice Financial Group, member FDIC.

10. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank.

11. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.

12. Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Eligible Direct Deposits into your Current Account over the preceding 35-day period and fulfill other requirements subject to Current’s discretion. Negative balances must be repaid within 60 days of the first Eligible Transaction that caused the negative balance. For more information, please refer to Fee-free Overdraft Terms and Conditions. Individual Current Accounts only.

13. For eligible customers only. You may earn Points in connection with your Build Card purchases at retailers whose merchant code is classified as: Dining (e.g., restaurants) and Groceries (e.g., supermarkets) and by completing other actions that Current designates as subject to the Current Points Program. The amount of Points granted for different actions as well as the purchase requirements necessary to earn Points will vary, and is subject to Current’s sole discretion. After qualifying, please allow 3-5 business days for points to post to your Current account. Points will expire 365 days after they settle. For more information (including specific eligibility criteria), please refer to the Current Points Terms and Condition.

14. Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

15. Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. No minimum balance required. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. To earn a Boost rate of 4.00%, the sum of your Eligible Payroll Deposits over a rolling 35-day period must be $500 or more, with at least one Eligible Payroll Deposit equalling a minimum of $200. For more information, please refer to Current Boost Terms and Conditions.

16. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Your money is FDIC-insured on a pass-through basis up to $250,000 at each of our partner banks, Choice Financial Group and Cross River Bank, members FDIC.

17. Average value based on Fine Hotels + Resorts bookings in 2023 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 amenity, guaranteed 4PM late checkout, and noon check-in when available. Certain room categories not eligible for upgrade. $100 amenity varies by property. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.

18. Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

19. The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

20. Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one- way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

21. Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

22. Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

23. When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

24. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited to up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

25. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

26. The secured Chime Credit Builder Visa® Card is issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.

27. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

28. The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.

29. There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.

30. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

31. Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.

32. Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.

33. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

34. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

35. SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your Visa debit card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.

36. Tipping or not tipping has no impact on your eligibility for SpotMe®.

37. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

38. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.

39. Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.

40. Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member’s direct deposit enrollment status.

41. Funds are automatically debited from your Checking Account and typically deposited into the recipient’s Checking Account within seconds. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed.

42. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed. Non-Chime members must use a valid debit card to claim funds.

* EarnIn is not available for Connecticut residents

Rachel Alulis

Rachel Alulis has been the lead editor for Moneyfor’s credit cards team since 2015 and for the financial rewards team since 2023. Before joining Moneyfor, Rachel worked at USA Today and the Des Moines Register. She then established a successful freelance writing and editing business specializing in personal finance. Rachel holds a bachelor’s degree in journalism and an MBA.

Related scores

737 738 739 740 741 742 744 745 746 747 748 749

This content is general in nature and is provided for informational purposes only. MoneyFor is not a financial advisor and does not offer financial planning services. This content may contain references to products and services offered through MoneyFor marketplace.

743 Credit Score: Is It Good or Bad?

What kind of credit score is 743?

Getting a credit card with a 743 credit score