We generally only recommend Rbfcu 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 Rbfcu 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 Rbfcu 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 Rbfcu 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 Rbfcu 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 Rbfcu 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 Rbfcu 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 Rbfcu 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 Rbfcu Credit Card
If your credit score is preventing you from qualifying for Rbfcu 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 Rbfcu Credit Card. Not to mention all the other benefits that come with a great credit score!
Getting the Most Out of Your RBFCU Credit Card
RBFCU's credit card offers exceptional benefits and rewards to its customers. You can maximize your rewards and earn points by using your card sensibly, which can then be redeemed for travel, merchandise or gift cards. A great way to obtain maximum benefits from your RBFCU credit card is to use it for all your purchases which includes everyday transactions such as gas, groceries, and dining out. Additionally, stay alert for any special offers or bonus points opportunities, you can earn extra points by shopping at specific retailers or switching to paperless billing, for instance.
The Advantages of a Good Credit Score
A good credit score can unlock various financial benefits for you. By maintaining a good credit score, you may qualify for lower interest rates on loans and credit cards, which can result in significant savings in the long run. Higher loan amounts and credit limits increase your borrowing capacity and help you achieve your financial objectives more swiftly. A good credit score can also enhance your rental application and help you obtain competitive insurance rates. Additionally, you can negotiate better terms on loans and other financial products.
To enjoy these benefits, practice financial discipline by paying bills on time, keeping balances low, and frequently monitoring your credit report. If you want to benefit from a good credit score, following these standard credit practices is essential.