Yes, you’re going to want a 640+ credit score for Best Buy Store Card approval. That’s in the fair credit range but not quite at the bottom of it (620), so as to give you better odds of approval. Fair credit is the minimum credit standing required. And barely meeting a card’s minimum requirements is far from the ticket to high approval odds. Still, store cards like the Best Buy one aren’t beyond the average person’s reach. The average credit score is around 680. And there are other things besides your credit score that matter for Best Buy Store Card approval.
Here’s what you need, along with a fair credit score, for a Best Buy Store Card:
All the basics. You can’t get approved without a U.S. mailing address and Social Security Number. You also need to be at least 18 years old and have income, or access to it.
At least fair credit. That means 620+, but your approval odds only increase as your score gets higher.
Some money to spend. You’ll have to list your income and assets on your application, along with how much debt you owe. That’ll show how much you’re still free to spend.
Other information. Exactly what Citi takes into account and how much weight each factor carries isn’t public information. But things like your employment status and how many other cards you’ve opened recently have been known to play a role.
Make sure to check your credit score before you apply. Is it 640+? If not, you may want to take some time to improve it. You can raise your score by using less of your available credit, paying on time and reducing debts.
A "fair" rating, so about 640. There's obviously more to it than that, like your income, but generally that's what you need to get approved.
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