What credit score is needed for a Home Depot 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.
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.
