Find out all the information you need about the Amazon store card.
You can apply for the Amazon store card and based on your credit score; you will get the maximum limit on your card. The credit score is a numeric expression that shows your overall creditworthiness and also, whether you will be able to pay off your loan or credit obligations.
If you have a score below 500, it might get difficult for you to get an Amazon store card for yourself. There seems to be no grading scale that defines the credit limit that you will have on your Amazon store card.
However, higher your credit greater is your chances of getting the store card with a higher credit limit. The interest rates are applied to your credit. Therefore, it will be best for you to pay off your credit in a given time period. If you have credit score ranging from 500 to 650, you can expect to get a credit limit of $700 to $900.
Explanation of credit score ranges
It is important to know the category that you fall into when it comes to credit score for you to be aware. The range of a credit score can go from 300 to 850. Always remember that the higher your score, the higher the chances of you to qualify for a loan. There will also be instances where a financing company is okay with 650 scores, while the other is fine with a 750 score. It will all depend on the lender itself.