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Anonymous
Anonymous asked in Business & FinanceCredit · 2 months ago

What would be the best credit card for me to apply to ?

My current credit score is 705. I’d like to get my credit score to 740. Another goal is to have as high of a cash advance limit as possible. My income is $55k. 

8 Answers

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  • 2 months ago
    Favourite answer

    A different credit card will not improve your score.  You only buy one or two things on credit - gas and groceries, and you pay off the bill two or three times per month, in advance of the bill date.  Your score will improve. 

  • Amy
    Lv 7
    2 months ago

    If you're trying to get a cash loan, get it from your bank instead of a credit card advance. That will do more for your credit score AND have a lower interest rate.

  • 2 months ago

    We can't answer this for you. Your credit-worthiness is dependent on more than simply your income and credit score--you may have debts, negative information on your credit report or other factors that will affect your card application. Your best bet is to shop around for one you can live with. 

  • 2 months ago

    It would be best not to apply.  Applying, for any credit card, makes your score lower.  Your score may eventually get up to 740, but it will go down first if you apply for any credit card.

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  • 2 months ago

    i would ask your bank about it

  • 2 months ago

    you increase your credit score by managing your credit.

    All credit cards will lead to the same score if managed responsibly.

    why would you want a high cash advance limit... that is a horribly expensive loan.

    - you have the cash advance fee, the interest rate is usually higher, and interest starts the first day you take the money instead of the grace period. 

  • Pearl
    Lv 7
    2 months ago

    i would ask your bank about it

  • Anonymous
    2 months ago

    Applying reduces your score slightly. Wanting to get a large cash advance line is a very bad idea.

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