We generally only recommend Ulta 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 Ulta 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 Ulta 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 Ulta 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 Ulta 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 Ulta 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 Ulta 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 Ulta 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 Ulta Credit Card
If your credit score is preventing you from qualifying for Ulta 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 Ulta Credit Card. Not to mention all the other benefits that come with a great credit score!
How to Maximize the Benefits of Your Ulta Credit Card
The Ulta Credit Card is an outstanding choice for those who shop at Ulta Beauty often. For maximum benefit, you should use your Ulta Credit Card with every purchase you make at the chain. This way, you’ll accumulate rewarding points which can be applied towards future purchases.
Moreover, Ulta extends exclusive advantages and deals to cardholders. You can gain access to special events, discounts, and free delivery services. It's essential to lookout for these offers and take advantage of them when they arise.
Finally, it's overall crucial that you pay your Ulta Credit Card on time and in full each month. This will help you stay away from interest charges and late fees – costs which may quickly accumulate and nullify any card benefits.
The Benefits of Having an Excellent Credit Score
Having an impressive credit score comes with a number of advantages that can make a huge difference to your financial life. Above all, it can help you qualify for lower interest rates on loans, credit cards and mortgages; thus, spending less money in interest over the long haul and saving you thousands of dollars.
An excellent credit score can also assist you in obtaining credit cards with better rewards programs and higher credit limits. This enables earning additional rewards points and making bigger investments without worrying about exceeding your limit.
Moreover, having an impressive credit score can make it easier to rent an apartment, get a job, or even reduce insurance premiums. In essence, a good credit score shows lenders and service providers that you are a responsible borrower who is more likely to repay what they owe in time. As such, they’ll be more ready to work with you and provide improved deals.