It’s not easy to reach that mark. A score above 750 will open most doors to banks and credit cards. But it doesn’t happen overnight!

Who is still building their score? At this point, knowledge makes the difference. It all starts with this article!

Let’s say that everyone in credit school would want to sit next to you at recess. Is 750 a good credit score?

Yes! It’s considered excellent in the leading credit scoring models.

Achieving this mark on your credit score is a sign that you are a responsible customer and consumer and that you are likely to pay your debts on time.

And that will open doors.

In addition to guaranteeing a coffee at any bank branch in the country, here are the main achievements of this score:

Mortgages and car and home loans with more competitive interest rates than those offered to those with lower scores.

And perhaps the most practical effect in your routine:

Get approval for a credit card with a high credit limit and a valuable rewards program.

It’s not magic; it’s like a relationship: Fulfill your obligations and be happy… Okay, it’s not that easy, is it?

But if you follow the following practices, you can’t go wrong!

Do you know why the limit on your credit card is called a “limit”?

Because you can and should make all of your purchases long before you reach that amount.

Your credit utilization ratio is the percentage of your available credit that you are using. Aim to keep your utilization ratio below 30%.

Do this calculation considering your income and all the resources you will have to pay your credit card bills.

This way, even the pleasure of making your purchases will have a special taste of peace of mind.

Opening new accounts can cause a temporary dip in your credit score. This is because credit scoring systems view new accounts as a risk factor.

They assume that someone who is opening a lot of new accounts is more likely to default on their debts.

However, the negative impact of opening a new account is usually short-lived.

If you make all of your payments on time, your credit score will typically rebound within a few months.

Of course, we don’t always want to wait that long.

And if we keep opening new accounts without paying them off on time, we can get caught in a vicious cycle of credit inquiries and rejections.

Surely, this is the most obvious tip in this article. But it’s not here for nothing; paying bills on time is by far the darling of credit agencies.

Let’s face it: When we receive our money on time, we consider it an obligation, right?

How about empathy in this sense: Its greatest near-term beneficiary is you.

Organize your bills and seek specialized help if necessary. In difficult times, there are always sincere arms to help. Trust the process.

Finally, and certainly not least important, be patient! Water needs to pass under the bridge; the longer your credit history, the better for your score.

The experience of having a good relationship with your credit cards has advantages over time.

This impacts in a beneficial way the way credit institutions look at your file.

After reaching 750, the sky’s the limit! At this point, you won’t be wondering if a 750 score is good or not. You’ll be busy with other things.

You can start working to improve your score even further. Nothing is so good that it can’t be improved.

Get a credit card with a 0% APR introductory offer. This will allow you to pay off debt without accruing interest.

But be aware this benefit typically has a limited window of time to be taken advantage of.

The introductory period of no APR charges typically ranges from six to 21 months. After the introductory period, the card’s standard APR will begin to be charged.

However, it is important to note that some conditions must be met in order for the introductory period of no APR charges to be valid.

For example, some cards require you to make a certain number of purchases or to pay the minimum balance on your bill each month.

Get a credit card with a rewards program that you can use to pay off debt.

Freedom to pay your bills with this benefit can make a real difference in your routine.

That’s right. Most cards available to users with good credit have a really useful cashback program.

Pay attention to this: One way to evaluate whether a credit card is really good is how you can use that cashback.

Consider getting a secured credit card. It is a good way to get credit if you have a limited credit history.

The specific benefits offered by a secured credit card vary by the card issuer. However, all secured credit cards offer at least protection against theft and loss.

In other words, if your card is stolen or lost, you won’t have to worry about losing the purchases you made with it.

If you are a victim of credit card fraud, you will not have to pay for the fraudulent purchases.

If you are looking for a credit card that offers additional protection, a secured card may be a good option.

Your credit utilization ratio is the amount of credit you are using compared to your total available credit. Aim to keep your utilization ratio below 30%.

The more you pay, the faster you will pay off your debt and improve your credit score.

You can get a free copy of your credit report from each of the three major credit bureaus once a year at annualcreditreport.com.

Review your credit reports carefully and dispute any errors you find.

If you’re working to improve your credit score, be patient and consistent. It takes time to build a good credit history.

And the rewards will be waiting for you on the green line of a good credit score.

And look what we found here! An interesting option to help build your credit score.

The Destiny Mastercard® was designed for this! It’s the chance for those who don’t yet have a good score to get there!