What credit score do you need for a Costco credit card?
What credit score do you need for a Costco credit card? The Costco Anywhere Visa® Card requires a FICO® Score above 750. That is in the upper limit of a good credit score and about 50 points short of being in the excellent credit score range. You can only apply for a Costco card if you are already a member. However, membership doesn't guarantee approval.
How rare is a 750 credit score?
Twenty-four percent have a FICO® Score between 750 and 799, making the very good bracket. Data source: FICO (2022). Nearly half of Americans score between 750 and 850, in the very good to exceptional range, while less than 25% of Americans have a score between 300 and 649, the poor to fair credit score range.
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.