The Wells Fargo Cash Wise credit score requirement is 700 or higher. Applicants generally need good or excellent credit to be approved. That doesn’t mean every single applicant with a credit score of 700+ will be accepted and everyone with a credit score under 700 will be rejected. Wells Fargo takes numerous other factors into account when determining approval, such as the applicant’s annual income, housing status and employment status.
A person with a good credit score might be held back by a low income, and someone with a credit score slightly under 700 might be approved if they have a high income, for example. There are anecdotal reports of people getting approved for the Wells Fargo Cash Wise card with credit scores in the mid-600s. But you should take these with a grain of salt. To maximize your chances of approval, you shouldn’t apply until your score is at least 700, or unless you get preapproved.
By the way, most other Wells Fargo credit cards also require good credit, aside from a few store cards. Wells Fargo used to offer a secured card for rebuilding credit but it’s no longer open to new applicants.
The best credit card for a 700 credit score could be Capital One Venture if you’re eager to earn travel rewards, Blue Cash Preferred® Card from American Express if you’d prefer cash back or Wells Fargo Platinum if you want 0% APRs. It all depends on your individual needs, as no card does everything best. But you do want to focus on cards that require “good” credit or below, since 700 is a good credit score. Of course, there are other things that affect the application process too, like income and the number of recent inquiries on your report.… read full answer
A good way to figure out whether you’re eligible for a particular credit card with your 700 credit score is to check for pre-approval on the issuer’s website. If you’re pre-approved for a card, you’re not guaranteed approval, but your odds are high – usually around 90%. You can do a pre-approval check for most of the best credit cards for a 700 credit score.
Here are the best credit cards for 700 credit scores:
For Travel Rewards – Capital One Venture - 60,000 miles for spending $3,000 in the first 3 months. 2 miles per $1 on all purchases. No foreign transaction fees. $95 annual fee.
For Balance Transfers – Wells Fargo Platinum card - Intro APR of 0% for 18 months on purchases and 0% for 18 months on qualifying balance transfers on balance transfers. 3% balance transfer fee for transfers made in the first 120 days (5% after). No rewards. 3% foreign transaction fee. $0 annual fee.
For Cash Back – Blue Cash Preferred® Card from American Express - Intro APR of 0% for 12 months on purchases. Earn rate of 1 - 6% cash back. 2.7% foreign transaction fee. Annual fee of $95.
Hotel Perks – Radisson Premier Visa Signature - 50,000 bonus points for making your first purchase, plus 35,000 points for spending $2,500 in the first 90 days. 10 points per $1 spent at Radisson and 5 everywhere else. 40,000 bonus points for renewing your card every year. 3% foreign transaction fee. $75 annual fee.
As you may have noticed, a lot of the best credit cards for 700 credit scores don’t have annual fees. So you can pick up some great perks without having to shell out money for the privilege of having a card.
The best credit cards for a 600 credit score are secured cards because they offer easy approval and are often much less expensive than unsecured credit cards for bad credit. Secured credit cards require a security deposit, and the card’s credit limit is equal to the amount of the deposit. This deposit is fully refundable when you close your account with a $0 balance. … read full answer
If you’re not sure where to start looking for secured credit cards for a 600 credit score, WalletHub has picked out a few examples of popular offers.
I was able to get a starting CL of 5500 at a WH score of 668. I also only had two months of credit history.
Although I have heard neomerous reports that having a bank account with them will help and that they take into account your assets in their bank accounts and your spending habits. I had roughly 16000 in my savings and checking account with under 1000 in monthly expenses.
This was my second credit card, I have a discover secured card for 2 months with a 1000 dollar limit. My vantage credit score was in the low 600s, checking back 620 to 650 depending on the company. When I applied for thus card I received instant approval and a starting limit of 5500. I had regularly had around 10000 in my wells Fargo accounts for the previous year or two and I applied in person at my local branch. They told me that they take into account bank account history. However, I now have a Fico of 750+ and have yet to receive a credit increase on this card.
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