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Published 11:06 AM EDT, Thu August 5, 2021
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Having excellent credit can make your life easier in numerous ways, but this is especially true when it comes to getting a credit card. With a credit score that’s considered “excellent” or “exceptional,” you can have your pick of the top rewards and travel credit card options. Cards in this niche tend to offer generous sign-up bonuses that can easily be worth $1,000 or more, and some even come with VIP perks you can’t get anywhere else.
Still, it’s important to think about what you hope to gain with a credit card before you apply. Do you want a travel credit card that makes your trips more comfortable and rewarding? Would you prefer to earn as much cash back as you possibly can? Maybe what you want is the chance to save money with a limited-time 0% interest offer? Or do you need travel insurance along with purchase and cell phone protections so that you’re covered in the event of disaster?
All of these options are a possibility when you have an excellent credit score, so it’s vital that you compare card offerings and current promotions to find the right fit.
Save money with these credit card offers for people with excellent credit.
Before you hit the “apply” button on a credit card application, you should first find out if you really have excellent credit. Fortunately, there are plenty of ways to check your credit score for free. Some credit cards you already have may offer a free FICO score, or you can create an account with a credit monitoring service that lets you peek at your score for free.
Just keep in mind that there are many types of credit scores, and free credit monitoring services may not show you a true FICO credit score, which is the credit score that’s most widely used by lenders. Credit scores within this system range from 300 to 850, and scores fall into the following tiers:
Excellent: 800 and higher Very good: 740 to 799 Good: 670 to 739 Fair: 580 to 669 Poor: 579 and lower FICO — or the Fair Isaac Corporation — considers scores between 740 and 799 to be “very good” and scores over 800 to be “exceptional.” So if your goal is to have “excellent credit,” you should shoot for any score over 740, which should open the door to the full spectrum of different types of credit cards.
Click here to see the latest list of the best credit cards for people with excellent credit scores.
With excellent credit, you may be able to qualify for any credit card you want, including the top offers on the market today. However, there are many different types of credit cards to choose from, and some offer very unique benefits you may or may not care about.
Generally speaking, the types of credit cards you’ll want to consider when you have excellent credit include:
Note that your credit score is just one factor card that issuers will consider when you apply for a credit card. In addition to your credit score, they’ll also consider your income, your ability to repay and potentially even other debts you have.
If you want to boost your chances at approval, you should know that Consumer Financial Protection Bureau (CFPB) regulations allow you to list your entire household income on your application and not just your own. So if you have a spouse or partner who earns a significant income but your personal income is low or nonexistent, include their income when you apply to make it easier to get approved.
See if you qualify for one of these credit cards for people with excellent credit.
Premium credit cards can provide VIP perks such as complimentary airport lounge access when you’re traveling.
As you pore over the best credit card offers and options, you’ll probably notice that many provide a wide array of benefits. These perks can vary from card to card, but they’re definitely worth considering. Just remember that credit cards with the best benefits tend to charge high annual fees, which can run between $95 and a whopping $695.
Which benefits should you care the most about? Here are some of the top perks offered on the most popular premium credit cards:
Airport lounge access: Several top travel credit cards come with a complimentary Priority Pass Select airport lounge membership that provides access to more than 1,300 lounges worldwide. Some cards even extend their airport lounge access to additional networks, such as branded airline lounges like the Delta Sky Clubs or American Admirals Clubs, or even an issuer’s own set of lounges such as the Amex Centurion Lounges. Global Entry or TSA PreCheck credits: Certain credit cards will cover the cost of Global Entry or TSA Precheck membership when you pay with your card. This benefit can help you avoid lengthy lines before you depart from US airports or after you arrive back in the United States from an international destination. Elite hotel status: Some travel credit cards offer automatic hotel elite status, which can help you score benefits like room upgrades, early check-in, late checkout, bonus points on paid stays and more. Annual travel credits: Other credit cards offer annual travel credits that you can apply to any travel purchase, or more specific credits that apply to certain types of travel (i.e., incidental purchases with a select airline). You can even find cards with monthly credits on dining purchases at select restaurants or with some food delivery services. Travel insurance benefits: The best travel credit cards on the market come with complimentary travel protections such as trip cancellation and interruption insurance, baggage delay coverage, trip delay coverage and lost luggage reimbursement. Exceptional bonus categories: Finally, the best rewards credit cards offer card holders the chance to earn considerably more points in some categories than you would get with an average credit card, which can mean accumulating rewards more quickly on the items you buy regularly. Finally, one of the biggest benefits of credit cards for people with excellent credit is that they often come with the most lucrative sign-up bonuses. In fact, some of the best credit cards out there offer sign-up bonuses of 100,000 points or more when you can meet a minimum spending requirement within the first several months of opening the account.
Get VIP perks and benefits with these credit cards when you have excellent credit.
Now that you know which benefits to look for, you need to ask yourself a handful of questions to determine which credit card perks and benefits you want the most, as well as which offers you should go after first.
How often do you travel? If you travel infrequently or never at all, travel credit cards with the most perks may not be a good value to you. On the other hand, if you do travel often, make sure to compare all the best travel credit cards available along with their rewards and benefits. Do you plan to carry a
Got a credit score of 740 or higher? These are our favorite cards for you
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