What are my Home Depot Credit Card approval odds?

A credit score of 640 or higher is needed for a Home Depot® Credit Card; this means that you need to have a fair credit score to get it. That’s the case for both the Home Depot® Credit Card and the Home Depot® Business Credit Card. Both Home Depot credit cards are store cards, meaning they can be used only at Home Depot. Their 640+ credit score requirement is consistent with that of other store credit cards.… read full answer

Just having the credit score needed for a Home Depot card doesn’t guarantee approval. Other factors taken into account include income, employment status, payment history, debt level and more.

Here are the requirements to get a Home Depot® Credit Card:

• Credit score requirement: Minimum 640 credit score (fair credit).
• Age requirement: Must be at least 18 years old. If under 21 years old, must have proof of independent income or a co-signer.
• Residency requirement: Must be a U.S resident. Address must be a physical location in one of the 50 U.S. states or Washington D.C. No P.O. box addresses will be accepted.
• Basic application info: Includes full name, address, phone number, Social Security number and birthdate.
• Application financial info: Includes monthly rent or mortgage payment, residence status (own/rent) and total annual net income (annual income after taxes).

If you get approved for the Home Depot® Credit Card, you will receive a credit limit of at least $300. For the Home Depot® Business Credit Card, your credit line will be at least $500.

Just bear in mind that the credit score needed for a Home Depot® Credit Card could also get you a number of good credit cards that can be used anywhere. For example, the Capital One QuicksilverOne offers 1.5% cash back on all purchases, but comes with a $39 annual fee. For business owners, Capital One Spark Classic gives 1% cash back on all purchases and has a $0 annual fee.

You can check your Home Depot® Credit Card application status by calling customer service at (800) 677-0232. When you call, you’ll need to provide your Social Security Number. You cannot check your status application online.

How to check your Home Depot® Credit Card application:

1. Call (800) 677-0232.
2. Choose the Social Security option and follow the automated prompts to connect with a representative. Then, tell them you’d like to check your Home Depot® Credit Card application status.… read full answer
3. Provide all the information required to confirm your identity (full name, SNN, phone number).
4. The customer service representative will tell you if your application is pending, approved, or denied.

Typically, you’ll receive a decision on your application within 7-10 business days. If you haven’t heard back within a reasonable time frame, you can always call customer service to ask about the delay.

The starting credit limit for Home Depot Credit Card is usually $500.

You can be approved with only a Fair (640+) credit score, but your credit limit depends on various factors, the most important being your credit history and your disposable income.

If, at some point, you want to increase your credit limit, you can do so through your … read full answeronline account. After you log in, you click "Manage My Account" and then “Credit Line Increase”.