760 Credit Score: Is It Good or Bad?

Having a 760 credit score places you firmly within the very good credit category, unlocking potential access to top-tier financial offerings. This score significantly enhances your likelihood of securing prime personal loans, high-end rewards credit cards, and favorable interest rates. Although approval can never be entirely assured, possessing a very good credit score greatly improves your chances.

Being well above the national average, a very good credit score is commendable but doesn't represent the pinnacle of creditworthiness. It indicates a strong history of financial responsibility and low credit risk to lenders. We'll delve into the implications of such a score, explore ways to sustain it, and discuss methods to elevate your credit even higher.

What kind of credit score is 760?

Scores ranging from 740 to 799 are classified as very good, a status reached by 21% of the U.S. population. Holding a very good credit score positions you favorably in the eyes of most lenders, who see you as a low-risk borrower likely to make timely payments, maintain manageable debt levels, and navigate your finances wisely.

With a credit score of 760, lenders are confident in your ability to fulfill your borrowing obligations. Consequently, you stand a strong chance of being approved for loans with competitive interest rates, flexible terms, and credit cards that offer premium rewards. A very good credit score can also lead to better insurance rates, more lenient approval processes for renting apartments, and even potential employment opportunities.

While a 760 score is impressive, there is still room for improvement. Aiming for an exceptional score (800 or higher) can open even more financial doors, offering the best possible terms on loans and the most lucrative rewards on credit cards. Strategies to achieve this include maintaining a longer credit history, diversifying your credit mix, and continuing to demonstrate responsible credit behavior.

Getting a credit card with a 760 credit score

Sporting a 760 credit score places you in a coveted spot for credit card acquisition. You will likely qualify for most cards, including those with superior rewards, minimal interest rates, and top-tier perks. Issuers of credit cards highly favor applicants within this score bracket, allowing you the luxury to pick and choose cards that most suitably match your financial aspirations and spending patterns.

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

With a very good credit score, you will have your choice of rewards cards. Popular types of rewards cards include:

Cash Back Cards: Cash back cards are an excellent choice for those who prefer straightforward rewards. These cards offer a percentage of cash back on every purchase, typically ranging from 1% to 5%. Some cards provide higher cash back rates for specific categories like groceries, gas, or dining. For example, a card might offer 3% cash back on groceries, 2% on dining, and 1% on all other purchases. These cards are perfect for everyday spending and are easy to manage, as the rewards can often be redeemed as statement credits or deposited directly into your bank account, making them highly convenient and beneficial.

Points Cards: Points cards allow you to earn points for every dollar spent, which can be redeemed for various rewards, including merchandise, gift cards, travel, or even cash back. These cards often come with sign-up bonuses, enabling you to earn a large number of points by spending a certain amount within the first few months. Points cards are ideal for those who enjoy the flexibility of choosing different types of rewards based on their needs. They offer a versatile way to maximize the value of your spending, catering to diverse preferences and financial goals.

Miles Cards: Miles cards are specifically designed for travelers, offering miles for purchases that can be redeemed for airline tickets, hotel stays, and other travel-related expenses. Each dollar spent earns a certain number of miles, and some cards provide bonus miles for purchases made directly with airlines or travel partners. These cards are particularly beneficial for frequent flyers looking to reduce travel costs, as accumulated miles can significantly offset the price of travel. Additionally, miles cards often come with travel-related perks like priority boarding, free checked bags, and access to airport lounges, enhancing the travel experience.

Co-Branded Cards: Co-branded cards are issued in partnership with specific retailers, airlines, or hotel chains, offering enhanced rewards for purchases made with the co-branding partner. For instance, an airline co-branded card might offer additional miles for airline purchases, priority boarding, and free checked bags. Similarly, a hotel co-branded card could provide free hotel stays, room upgrades, and other exclusive benefits. These cards are best suited for loyal customers of the brand offering the card, as they can maximize the rewards and perks offered, providing significant value and enhancing their overall experience with the brand.

Travel Cards: General travel cards are versatile options that provide rewards for a wide range of travel expenses, including flights, hotels, car rentals, and more. These cards often offer travel-related perks such as travel insurance, no foreign transaction fees, and access to airport lounges. Additionally, some cards provide bonus points or miles for travel-related purchases, enhancing their value. Travel cards are ideal for frequent travelers who want flexibility in how they redeem their rewards, allowing them to maximize benefits and enjoy a more comfortable and cost-effective travel experience.

Business Rewards Cards: Business rewards cards cater to business owners by offering rewards for business-related expenses such as office supplies, advertising, and travel. These cards can provide cash back, points, or miles, and often include useful features like expense tracking, employee cards, and higher credit limits. Additionally, they help businesses manage their expenses more efficiently while earning valuable rewards. By using a business rewards card, you can maximize your spending benefits and reinvest the rewards into your business, enhancing your overall financial management and operational efficiency.

Balance Transfer Cards: If you're managing significant debt, a balance transfer card with a 0% introductory APR can be a lifesaver. These cards allow you to transfer existing high-interest debt to the new card and pay it off without interest for a set period, typically 12 to 18 months. This can save you a substantial amount in interest and help you become debt-free faster. However, balance transfer cards usually charge a transfer fee, typically 3% to 5% of the transferred amount, so it’s important to calculate if the savings outweigh the cost.

Having a 760 credit score allows you to choose from various rewards credit cards. Whether you prefer cash back, points, miles, or co-branded rewards, there is a card that can suit your needs. It’s important to assess your spending habits and financial goals to select the card that will provide the most value.

Getting a personal loan with a 760 credit score

Obtaining a personal loan with a credit score of 760 is usually straightforward. The majority of lenders set their minimum requirement at or below 740, making it highly improbable that your application would be declined based on your credit score alone. With such a commendable score, lenders are likely to consider you an ideal borrower, presenting you with advantageous loan conditions and competitive interest rates.

With a very good credit score, you have a wide selection of loans and lenders at your disposal. Whether you need a loan to buy a house, finance a car, or consolidate debt, your credit score positions you to secure the best rates and terms available.

Personal Loans: Personal loans are versatile financial tools that can be used for a variety of purposes, including debt consolidation, home improvement, medical expenses, or other major purchases. With a 760 credit score, you are in an excellent position to secure a personal loan with favorable terms such as low interest rates and flexible repayment periods. Lenders view you as a low-risk borrower, which can result in higher loan approval amounts and more competitive rates. This strong credit score enhances your borrowing power, making personal loans an attractive option for financing various financial needs.

Debt Consolidation Loan: A debt consolidation loan can be a smart move for managing multiple high-interest debts. By combining various debts into a single loan with a lower interest rate, you simplify your monthly payments and potentially save money on interest. This approach can also improve your credit score by reducing your credit utilization ratio and showing a more manageable debt profile. However, it’s essential to maintain disciplined financial habits and avoid accruing new debt to maximize the benefits of a consolidation loan. Always compare offers to ensure you secure the best terms possible.

Secured Loans: Secured loans require collateral, such as a vehicle, home, or savings account, to back the loan. This collateral reduces the lender's risk, often resulting in lower interest rates and higher borrowing limits compared to unsecured loans. Common types of secured loans include auto loans, mortgages, and home equity loans. While they offer favorable terms, failure to repay can lead to the loss of the collateral. Therefore, it's crucial to borrow responsibly and ensure you can meet the repayment terms to avoid jeopardizing your assets. Secured loans can be a valuable financial tool when used wisely.

Business Loans: For entrepreneurs and business owners, a high credit score is essential when applying for business loans. These loans can be used to start a new business, expand operations, purchase inventory, or cover other business-related expenses. With a 760 credit score, you can access various types of business loans, including term loans, lines of credit, and equipment financing, often with lower interest rates and more attractive terms. Your strong credit score demonstrates to lenders that you have a history of managing debt responsibly, significantly increasing your chances of securing the necessary funding to support and grow your business.

Auto Loans: Auto loans are specifically designed to help you purchase a new or used vehicle. A high credit score of 760 can significantly lower the interest rate on an auto loan, making your monthly payments more affordable and reducing the total cost of the loan. Lenders are more willing to offer better terms to individuals with very good credit because they pose less risk of defaulting on the loan. This can result in savings over the life of the loan and make it easier to manage your finances while enjoying your new vehicle.

Mortgages: A 760 credit score is a major advantage when applying for a mortgage. It can qualify you for the best interest rates and terms available, whether you’re looking for a fixed-rate mortgage, an adjustable-rate mortgage (ARM), or a jumbo loan. Lower interest rates can save you tens of thousands of dollars over the life of the loan, making homeownership more affordable. Additionally, a strong credit score can increase your negotiating power, giving you leverage to secure better deals on the purchase price and other terms, further enhancing your financial position.

Cash Advances: Cash advance apps provide a convenient way to access small amounts of money quickly without the stringent credit checks typical of traditional loans. These apps allow you to borrow against your next paycheck, helping cover unexpected expenses or urgent bills. While they offer speed and flexibility, it's important to use them judiciously due to potential fees and the risk of falling into a cycle of dependency. Always read the terms carefully and ensure you can repay the advance on time to avoid additional charges and financial strain.

Prequalifying and Comparing Offers: Prequalifying for a loan involves submitting basic information to a lender to get an estimate of the loan amount, interest rate, and terms you might qualify for. This process does not affect your credit score and allows you to compare offers from different lenders. With a 760 credit score, prequalifying can help you identify the best loan options available, ensuring you get the most favorable terms.

When comparing loan offers, consider the following factors:

Interest Rates: Lower interest rates reduce the overall cost of the loan.
Repayment Terms: Longer terms can lower monthly payments but may increase the total interest paid over the life of the loan.
Fees: Be aware of origination fees, prepayment penalties, and other charges.
Customer Service: Choose a lender with a reputation for good customer service and clear communication.

A 760 credit score opens up a wide range of loan opportunities with favorable terms and competitive interest rates. Whether you need a personal loan, business loan, auto loan, mortgage, or cash advance, your strong credit score positions you as an ideal borrower. Prequalifying and comparing offers can help you find the best loan to meet your financial needs and goals.

Take your 760 credit score with a grain of salt

Achieving a credit score of 760 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?

Being in the very good credit score range sets you apart from those with poor credit, and typically, you'll have access to premier financial products. However, you can go further if you want to be part of the exclusive 800s group. Continue practicing solid credit habits and be patient, as time plays a crucial role in achieving top-tier credit scores.

Understanding Credit Score Calculation

The two main credit scoring models are FICO by the Fair Isaac Corporation and VantageScore, jointly created by the three main credit bureaus: Experian, Equifax, and TransUnion. The scoring models are very similar but the exact weight they put on factors differs a bit. In general, if you have a very good score in one you will have a very good score in the other. We will talk more about FICO as this is the older model used by the vast majority of lenders.

FICO scores are calculated based on five key factors:

Payment History (35%): This is the most significant factor and reflects your track record of making timely payments. Late payments, defaults, and collections negatively impact your score.
Credit Utilization (30%): This ratio compares your total credit card balances to your total credit limits. Lowering your utilization rate below 30%, and ideally under 10%, can boost your score.
Length of Credit History (15%): The age of your oldest account, the average age of all your accounts, and the age of your newest account are considered. Longer credit histories typically result in higher scores.
New Credit (10%): Opening several new accounts in a short period can be seen as risky behavior, potentially lowering your score.
Credit Mix (10%): A variety of credit types, such as credit cards, mortgages, and auto loans, can positively affect your score.

Strategies to Enhance Your Credit Score

To inch closer to an exceptional credit score, remember these key strategies:

Review Your Report: Regularly checking your credit report is essential for maintaining a healthy credit score. By reviewing your report, you can identify and correct any inaccuracies or signs of unauthorized activity that could negatively impact your credit standing. Annual credit report checks also help you stay informed about your financial health and ensure that all information is up-to-date and accurate.

Embrace Autopay: Even with a strong track record indicated by a 760 score, mistakes happen. Autopay can prevent missed payments by automatically paying the full balance or minimum due before the due date, safeguarding against oversight. This simple step ensures you maintain your very good credit rating by avoiding late fees and protecting your credit history from negative impacts.

Reduce Credit Utilization: Aim to lower your credit utilization even further, from 30% to under 10%. Active credit use is necessary for building credit, so continue making purchases with your cards judiciously. This strategy helps maintain a healthy credit score by demonstrating responsible credit management and keeping your debt levels low relative to your credit limits.

Pay Down Balances: Paying down your balances throughout the month can help manage your credit utilization more effectively. By reducing your outstanding balances before your statement closing date, your reported credit utilization ratio will be lower, positively impacting your credit score. This proactive approach ensures that your credit report reflects lower balances, demonstrating responsible credit management and potentially boosting your overall credit score.

Hold Onto Old Accounts: The urge to close unused accounts might be strong, but doing so can negatively impact your score by increasing your utilization ratio and shortening your credit history. Unless the costs outweigh the benefits, keep these accounts open. Maintaining older accounts helps preserve your credit length and overall score stability.

Apply for New Credit Sparingly: Frequent credit applications can signal to lenders an overreliance on credit, potentially lowering your score. To maintain your strong credit rating, apply for new credit only when necessary. This cautious approach helps prevent unnecessary hard inquiries on your credit report, ensuring your credit score remains stable and reflective of responsible financial behavior.

Age Your Credit: The longer your accounts are open, the more data lenders have on your financial reliability. Credit users with scores above 800 often have a credit history extending over a decade. Patience is key; allow your credit accounts to age naturally. Consistently practicing good credit habits over time will help you achieve and maintain a high credit score.

Maintaining a high credit score requires ongoing diligence and strategic financial behavior. By adhering to these guidelines and understanding how your score is calculated, you can not only sustain your current score but also work towards joining the elite group with scores in the 800s.

Next Steps for your 760 credit score

By and large, with a 760 credit score, you're in a position to access the premier financial products available. This includes top-tier credit cards with superior rewards, low-interest personal loans, and competitive mortgage rates. To maintain this standing, continue upholding the beneficial financial practices you've established. However, if you aspire to breach the 800s and achieve an exceptional credit score, you'll need to adopt even more rigorous credit management strategies.

Achieving an exceptional score requires adherence to exemplary credit management. This includes making all payments on time, reducing your overall debt, and settling balances completely each month. Additionally, aim to lower your credit utilization ratio to under 10%, as this can significantly impact your score. Keeping old accounts open to lengthen your credit history and avoiding unnecessary credit inquiries are also crucial.

Exercising patience is vital in this process. Credit scores are partly influenced by the length of your credit history, so allowing your accounts to age naturally will contribute positively over time.

While reaching an 800+ score is entirely possible, it demands consistent, disciplined financial behavior and time. Stay diligent and proactive in monitoring your credit report for any inaccuracies or unauthorized activity. By continuing to manage your credit responsibly, you can maximize your score’s potential and achieve financial excellence.

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

754 755 756 757 758 759 761 762 763 764 765 766

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.

760 Credit Score: Is It Good or Bad?

What kind of credit score is 760?

Getting a credit card with a 760 credit score