We generally only recommend Dillards Credit Card if you have at least a 630 credit score (otherwise known as a "fair" credit score). The reason being you can get a relatively high APR if you have a low credit score, plus it will be much harder to get approved.
Is Dillards Credit Card a good credit card for me?
Every situation is different, so it's hard to give a blanket recommendation on whether or not Dillards Credit Card is the right card for you.
However, they are known to be relatively generous with their reward points & other perks, so it may be worth it. Keep in mind you may have to acquire a minimum amount of points before you are able to redeem them.
Is Dillards Credit Card worth it?
There are 100s of different credit card options that are best suited to a wide range of situations. Which makes it hard for us to honestly answer whether or not Dillards Credit Card is worth it for you.
We recommend considering the following when looking into getting any credit card (as a starting point at least):
- Are you a responsible spender? You can quickly get yourself into too much debt if you're not responsible with your credit card
- Are there are signup bonuses available with this card?
- What annual fees does it have?
- Are there penalty APRs?
- Does it have an interest free period, and if so, how long is it?
- How does it's APR compare to other cards?
- How does the rewards/points system work?
What are the approval odds for Dillards Credit Card?
The approval odds are going to be heavily dependant on your credit score, income & expenses.
If you have a credit score of 750+, you can basically get approved for most credit cards, including the Dillards Credit Card. But if you have a "poor" credit score, it's going to be a lot more difficult.
What credit score do I need for Dillards Credit Card?
A general rule of thumb is if you have a "good" credit score (670-739) or above, then you're approval odds are relatively high.
Anything below that and the odds go down, you may be able to get approved with a "fair" credit score, but if you have a "poor" score, then it is extremely unlikely you'll be approved (unless the card is secured).
Improve your credit score BEFORE applying for Dillards Credit Card
If your credit score is preventing you from qualifying for Dillards Credit Card, we recommend you call one of our friendly credit experts for a free consultation. We'll review your credit report with you (in real-time), and see if there is anything we can do to help your score.
Once we've improved your score for you, you'll be in a much better place to apply & get approval for Dillards Credit Card. Not to mention all the other benefits that come with a great credit score!
How to Maximize the Benefits of the Dillards Credit Card
Maximizing the benefits of your Dillards credit card requires being mindful of how you use it. Always pay your balance in full and on time each month to avoid interest charges and late fees - this will also help maintain a good credit score. Utilize the card's rewards program by using it for all your Dillards purchases and redeeming points regularly - you can get exclusive discounts and free shipping, too! Keep an eye out for special events and sales - oftentimes you can earn extra rewards then. Monitor your account regularly for fraudulent charges, and consider adding an authorized user to earn even more rewards.
The Benefits of Having a High Credit Score
A good credit score can provide many positive benefits in your financial life. Firstly, it makes it easier to qualify for loans and credit cards with lower interest rates and better terms. It can also impact your ability to rent an apartment, get a job, and secure insurance rates. A good credit score may even enable you to negotiate better terms on loans and other financial products. Meanwhile, higher credit limits improve your credit utilization ratio and boost your score even more. To build and maintain a good credit score, prioritize paying bills on time and maintaining a low utilization ratio - this will give you more financial flexibility in the future.