What can i get with a 720 credit score?

AffiliatePal is reader-supported. When you buy through links on our site, we may earn an affiliate commission.



A credit score of 720 is considered to be a good credit score, indicating responsible financial behavior and a history of timely payments. With a credit score of 720, individuals can enjoy several benefits and opportunities. In this article, we will explore what you can get with a 720 credit score and how it can positively impact your financial life.

Access to Low-Interest Rates

Interest rates: With a credit score of 720, you are likely to qualify for loans and credit cards with favorable interest rates. Lenders consider a higher credit score as an indication of lower risk, making you an attractive borrower. This means you can save a significant amount of money in interest payments over the life of a loan or credit card balance.

Mortgage loans: A 720 credit score makes you eligible for competitive mortgage rates, allowing you to secure a home loan with affordable monthly payments. This can make homeownership more accessible and affordable for you.

Auto loans: When purchasing a car, a credit score of 720 can help you secure favorable auto loan terms. You may qualify for lower interest rates, reducing the overall cost of financing your vehicle.

Access to Premium Credit Cards

Rewards and benefits: With a credit score of 720, you can qualify for premium credit cards that offer attractive rewards programs, such as cashback, travel points, or exclusive perks. These credit cards often come with additional benefits like travel insurance, airport lounge access, and concierge services.

Higher credit limits: A good credit score allows you to obtain credit cards with higher credit limits. This can provide you with more purchasing power and flexibility in managing your finances.

Improved Approval Odds

Loan approvals: Lenders are more likely to approve your loan applications with a credit score of 720. Whether you are applying for a personal loan, student loan, or small business loan, your chances of approval are significantly higher compared to individuals with lower credit scores.

Rental applications: Landlords often conduct credit checks on potential tenants. With a credit score of 720, you are more likely to pass these checks, making it easier for you to secure a rental property.

Lower Insurance Premiums

Auto insurance: Many auto insurance companies consider credit scores when determining premiums. With a credit score of 720, you may qualify for lower auto insurance rates, potentially saving you hundreds of dollars each year.

Homeowners insurance: Similarly, homeowners insurance providers may offer more competitive rates to individuals with higher credit scores. By maintaining a credit score of 720, you can enjoy lower premiums for protecting your home.


In conclusion, a credit score of 720 opens up several opportunities and benefits. It allows you to access loans and credit cards with low-interest rates, giving you more financial flexibility. Additionally, a good credit score improves your chances of approval for various applications, such as rental agreements and loans. Furthermore, you may enjoy lower insurance premiums for both auto and homeowners insurance. Maintaining a credit score of 720 demonstrates responsible financial behavior and can significantly enhance your overall financial well-being.


– Experian: www.experian.com
– Equifax: www.equifax.com
– TransUnion: www.transunion.com
– Consumer Financial Protection Bureau: www.consumerfinance.gov