What is the minimum score to be approved in a credit card application? Have you stopped to see if your score is really good? These are frequently asked questions by people looking for financial products. especially when they don't get approval.

So let's first briefly clarify what a score is. Thus, the score is a much talked about subject among consumers in general. It refers to a score that indicates before the credit authorities whether the consumer is a good payer or not. In this sense, having a good score can help those people who are looking for a good credit card, with higher limits, better benefits and even other credit opportunities.

Therefore, we have prepared this complete content with the intention of clearing all doubts on the subject. We will show what is considered a bad score, that is, one that shows credit institutions that we are in default. In addition, we will present what a good score is, which will bring you good credit chances. Let's go!

Many people have doubts about this subject and are always asking about the quality of the score and how to know if it is good or not, in addition to what is a really good score for cards, loans and other credit services.

However, this is a pretty simple question to answer. For those who don't know, the score is the credit score taken as the basis for approval in various credit services.

For example, anyone looking to apply for a credit card needs to have a certain amount of score not only to be approved, but also to get a product with good benefits. But what is the minimum credit card score? We will talk about this further on.

However, you must understand that the score ranges from 0 to 1000 points. Being: :

This score table is used to determine whether or not a score is low within the credit bureaus. Thus, we can follow that 501 to 700 points is a good score. That is, it is a fixed score that makes the credit authorities see you as a good consumer within the market.

It is worth mentioning here that your score may vary depending on the actions you take, such as purchases, debts, negotiations and payments. In this way, your points will be able to decrease, but also increase. Therefore, it is important to learn to know if your credit score is good, what is the ideal score and how to improve your score.

Therefore, understand that the score will change according to the actions you carry out financially, that is, when we make purchases, payments, loans, use credit and other actions, there is a change in the score.

But of course, as stated earlier, it can be a positive or negative change. As, for example, in cases of late payment, it will certainly generate a drop in the score. Different from cash purchases, which show your good part as a consumer.

Anyway, all this will generate a variable score. But how do I know if my score is good for requesting services in general? Simple! Just use the table shown at the beginning of this post.

Thus, the score considered good starts at 501 points. However, this number is not necessarily good, since as we said, the score can vary. So, understand that 501 is a good score, but 500 becomes a regular score. In this sense, the distance from one to the other is very small and any movement can change your points.

Therefore, it is important to have a margin of points to ensure that your score is really good. According to research carried out, a score between 630 and 650 is an ideal score.

In this sense, your points are within the criteria for good, and suffering a downward variation, it will continue to be a good score. And if it varies upwards, we have a chance to reach a great score!

But, is there a minimum amount of points to be able to apply for a credit card? No! However, the lower the score, the lower the chance of approval.

Follow the reasoning! We see many companies in the market that offer credit cards for negatives. However, these people when applying for a card do not get approval. Therefore, this often happens because they do not have a good score.

In this way, even if we are negative, we must look for solutions to negotiate debts and, thus, manage to improve the score. That is, from the moment we negotiate the debts and pay this negotiation on time, your score will increase. In this way, credit agencies will understand that even if you are in default, you are a person looking for solutions to pay off debts. 

Therefore, a good score will receive approval. In this sense, we must use the same logic as in the previous topic, our score must be around 630 to 650 or more and, following the reasoning indicated, you will be able to reach this score.

With this score, in addition to being good, it will greatly reduce the chance of disapproval during any request, as financial institutions will look at our financial profile and will not see default.

So, now that we know what the minimum credit card score is, we can increase our score and apply for our card right now! However, if you still have doubts, see our recommended content on how to improve your credit score. Put all our tips into practice and resume your credit life.