How do I apply for a Home Depot credit card?

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 - 5% cash back on all purchases, but comes with a $39 annual fee. For business owners, Capital One Spark Classic gives 1 - 5% cash back on all purchases and has a $0 annual fee.

Home Depot credit card instant approval is a thing, especially for online applications. In rare cases, they issue a decision in 14 days tops.

After your application, you will either receive a new card in the mail or a rejection letter within two weeks of submitting an application.

The Lowe's Store Card credit score requirement is 640 or better. That means people with at least fair credit have a shot at getting approved for this card.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Lowe's Store Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.… read full answer

Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. But it’s best to wait to apply until you meet the Lowe's Store Card credit score requirement. You can check your credit score for free on WalletHub.