3 credit score advantages that most people know nothing

Your creditworthiness is reserved, one of the most powerful numbers in your life.

Beat 750 or higher and you can unlock savings worth saving $ 1,000 or more per year. You will also receive access to better loan rates, credit card bonuses and discounts that you may not even know.

Here you can find out how the FICO® results collapse:

• 300–579: Arm
• 580–669: Just
• 670–739: Good
• 740–799: Very good
• 800–850: Excellent

When you push your score past 750They enter the “very good” to “excellent” zone – and then these advantages begin to stack.

1. Save a lot of money for vehicle insurance

Strange but true: Your creditworthiness helps to decide how much you pay for the vehicle insurance.

In most countries (with the exception of some less such as California, Hawaii and Massachusetts), insurance companies can attract their loan profile before quoting their prices.

Here are the average costs for vehicle insurance for people in various loan score:

Data source: bank rate/quadrant, May 1, 2025.

For this reason, it is really important to buy the insurance company every few years – especially if you slowly build your creditworthiness.

2. You pay smaller security deposits

Move soon? Your creditworthiness could decide how much money you fork.

Landlords almost always carry out credit tests. And a solid loan score could mean:

• Lower safety deposits (sometimes hundreds of dollars lower).
• Lift yourself against other applicants in competitive markets.
• You don't have to find a co -signer with better creditworthiness.

In some cases, it could mean a little negotiating power for a cheaper rental quota.

3. You will unlock premium premium cards

Forget basic 1% cashback cards. If your loan score increases, you also do your options.

With a good to excellent loan (at least 670, but 740 or higher for the top conductors) you can unlock credit cards that bring the heat:

• 2% or more cash for expenses.
• Airport Lounge Access (Goodbye, $ 19 -Sandwiches at the goal).
• Travel brain, free checked bags, even luxury hotel advantages.

Some of these premium cards have registration bonuses that are worth a value 1,000 US dollars in travel bonuses If you meet your expenditure requirements. Not bad if you plan to spend this money anyway!

If you already rock a FICO® score of 670 or higher, Take a look at these top travel credit cards for May 2025.

Good habits to increase your creditworthiness

When I moved to the USA at the age of 22, I had to start over – no credit cards, no loans, no loan profile at all. It took me nine years of intelligent habits (and a lot of patience) to finally break the 750 brand.

Trust me, good credit is not done overnight. Simply concentrate on this:

• Always pay bills in time. The payment history is the largest amount of its score. Even late payment can damage your score considerably.
• Keep your credit consumption low. Ideally, use less than 30% of your total available loan – lower is even better.
• Do not open a number of new accounts at the same time. Every hard request can temporarily achieve its score.
• Check your credit reports for errors. You can get free copies at annual creditreport.com.

Even a small bump – we say 20 or 50 points – can unlock cheaper insurance, better rewards and simpler permits. Every step forward is worth it.