Maria Adams, Credit Cards Moderator
You need a credit score of at least 640 for a Home Depot® Credit Card. This means you should have fair credit or higher for approval. 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.
However, your credit score is only one of the factors considered when you apply. The issuer will also consider your income, employment status, payment history, and debt level, among other factors.
Here are the Home Depot® Credit Card approval requirements:
- Credit score requirement: A credit score of 640+ (fair credit).
- Age requirement: Must be at least 18 years old. If you’re under 21 years old, you must have proof of independent income or a co-signer.
- Residency requirement: You must be a U.S resident. Address must be a physical location in one of the 50 U.S. states or Washington D.C. Note that P.O. box addresses will not be accepted.
- Basic application info: Includes full name, address, phone number, Social Security number, and birthdate.
- 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.
Keep 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 Cash Rewards Credit Card offers 1.5% cash back on all purchases. However, it comes with a $39 annual fee. For business owners, Capital One Spark Classic for Business gives 1% cash back on all purchases and has a $0 annual fee.
Home Depot® Credit Card
My Transunion score is 652, Equifax is 683.... and I was denied a HD card... and no, I do not have any other outstanding cards. Only negative thing I have is school loans...11 years of payments and my balance is twice the amount of my original loan!
Barry Adams, Member
If you're over 650, you should have more than a reasonable chance at approval.
People also ask
Erron Scott, Member
HomeDepot uses Citibank for their card.
My Equifax score was 638.
I was approved for a $500 limit on 2/20/2020.
Did we answer your question?