Article Summary:
Related posts:Hit ‘em High, Hit ‘em Low: Credit Cards for the Rich and the
Article Content:
If you grew up in an egalitarian society with a loving family, you’ve probably been told over and over to reach for the stars and set your sights high. You can achieve anything if you believe in yourself! Well guess what, that’s all a bunch of B.S. – at least when it comes to credit cards. It doesn’t matter how swell of a guy or sweet of a gal you are, there’s one major thing holding you back from the credit card of your dreams: your credit score. So, instead of getting your hopes up and then having them dashed into a billion little pieces, let’s be realistic. Set the bar low, if necessary. Go get your free credit score and then come back and we’ll show you the credit cards that are in your league whether you have bad credit, average credit, good credit or excellent credit.
Bad Credit – 500 to 580
A FICO score between 500 and 580 is in the range of bad credit. (Anything lower is worse than bad and you really have no business getting a loan or revolving credit account until you repair your credit.) Your primary goals as a cardholder with bad credit are to:
Excellent Credit – 720 and Up
The difference in magnitude between good and excellent credit isn’t that significant once you get in the upper 600s/lower 700s. But a combination of excellent credit and a history for high rolling and big spending can land you in the luxury credit card territory, where the credit limits are head-swimmingly high and the perks are ridiculously lavish. Examples: Personal and professional concierges at your beck and call 24/7 (it’s like having a personal assistant for your life), free hotel stays, free chaffeured rides to the airport, travel insurance and discounts for private jets. Of course, such royal treatment doesn’t come cheap – these cards come with annual fees in the triple to quadruple digits. And getting your mitts on the most elusive luxury cards, such as the legendary Black American Express Centurion Card, requires an epic series of quests, invitations and other qualifications that have consigned the vetting process for the world’s most exclusive credit cards to the realm of urban mythology.
With that being said, we would list a few of the top luxury credit cards here – but it would be useless. When you are rich and famous enough for one of these cards, they’ll find you.
Got another recommendation for a good credit card for bad, average, good and excellent credit scores? Tell us about it in the comments.
Img c/o Dave Hogg
Related posts:Hit ‘em High, Hit ‘em Low: Credit Cards for the Rich and the PoorRewards Credit Cards: Are They Still Worth It?Debit Cards Vs. Credit Cards: Plastic Showdown
———————