What credit score do I need to be approved for Apple Card?

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If you are like me and excited about what Apple Card is bringing to the credit card market, you are probably about ready hop in the Wallet app and fill out an application. You're probably looking forward to that gorgeous titanium card, Daily Cash, and all of the budgeting and management tools to help you be more responsible with your credit card. Before you go straight to applying there's one thing you should do first: make sure you're in the best position to be approved for it!

Apple and Goldman Sachs haven't come out with exact numbers regarding what your credit score needs to be in order to be approved for Apple Card, but there are some important things we do know that can help all of us be as prepared as possible in order to get approved. . Here are some of the most common questions surrounding applying for Apple Card.

How will I apply for Apple Card?

Apple is making the application process incredibly simple. You're able to apply for Apple Card right through the Wallet app. Once approved, your titanium card will be shipped to you through the mail and your digital card will be immediately available to use with Apple Pay. If you want to apply, you can get a direct link right through the Apple Card website.

What kind of credit score will I need to get approved for Apple Card?

It's fair to say that Apple and Goldman Sachs are looking for relatively decent credit scores from those who wish to have the Apple Card. While some credit cards are designed for those with low or no credit score, Apple Card is not built for those scenarios. You'd be better served by a secured credit card if you're starting with no credit or working back from bad credit.

However, people have been surprised at some of the credit scores that are being approved. There have been reports of some being approved with credit scores as low as 620. Therefore, you'll need to make sure you have at least what is considered "fair" credit if you want a decent chance of being approved.

Most banks and credit providers split the range of credit scores into groups, ranging from poor to excellent, and your approval and terms you receive are determined by which group your credit score falls into. The basic range of credit score categories are as follows:

  • Poor: 300-600
  • Fair: 601-660
  • Good: 661-780
  • Excellent: 781-850

Apple Card offers an APR between 13.24% and 24.24% based on your credit score, and all approved cardholders will be placed at the bottom of the interest tier they fall into, which will save everyone a little bit of interest. Such a wide range is a promising indicator that Apple is willing to approve those without the most stellar credit score, but you can expect a higher interest rate and a lower credit limit.

How do I find out my credit score?

There are a number of ways you can find out your credit score, and a lot of them are free. For a long time, people were only able to check their credit score once per year for free and would have to pay a fee each additional time. That has since changed, and there is now a multitude of services that allow you to track and check your credit score as many times as you would like without paying anything. A few of these services, like Credit Karma, provide your credit score for free as well as a host of other things like free tax returns, unclaimed money, and help with disputes on your credit. A lot of credit cards have started to provide free credit scores to their cardholders as well, so check with your card providers to see if it is an included benefit with your card.

How can I improve my credit score?

There are a number of things that factor into your credit score, but these six are the most common, in order of importance:

  • Credit card use
  • Derogatory marks
  • Payment history
  • Credit age
  • Total accounts
  • Hard inquiries

If you're looking to improve your credit score as much as possible before you apply for Apple Card, the best thing you can always do is to pay down your balances. If you are using more than 30% of your total available credit, try to pay this down past that point to dramatically improve your score. Make sure to always pay your bill on time as late payments can be recorded as a negative mark on your credit history. Also, try to avoid applying for cards close to when you apply for Apple Card. Credit card providers get weary when they see a bunch of credit inquiries too close to each other. Take a look at your credit factors and focus on the ones that will have the biggest impact for you!

The bottom line

While you may want to just jump in and apply for Apple Card right away, we do know that the best thing you can do to get ready for it is to know what your score is now and look at ways you can improve it. The better your credit situation is when you apply, the better your chances will be of approval as well as preferential treatment with a better interest rate and a higher credit limit.

If your credit score will support it, there are several credit cards we think pair nicely with Apple Card to make sure you're maximizing all your rewards and benefits!

Joe Wituschek

Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.