Best Credit Cards With A 740 To 749 Credit Score // For Good Credit

Summary: We review multiple credit card options for people with a good credit score between 740 and 749. 

You can relax if you are looking for a credit card with a good credit score of 740 to 749 because you have many options. 

When choosing a credit card, you will want to pay close attention to the APR rate and if there are any annual fees.

With a good credit score around 741, 743, 745, or 747, you will also be able to consider credit cards that offer such perks as travel miles, cash back, student rewards, and business rewards. 

You have to be careful when choosing a rewards card because many of them will have higher APR rates and annual fees to offset the cost of the rewards given.

How To Choose A Credit Card With 740 Credit Score

Credit card companies want to be sure they get paid for giving you a revolving loan whether you use it or not, one way they do that is by issuing cards with a high APR or Annual fee.

Knowing what to look out for will help you make a more informed decision on the best credit card for someone with a credit score near 742, 744, 746, or 748 range.

APR Rates 

The annual percentage rate, better known as the APR rate, is the amount you pay in interest (including fees) when you use your credit card. 

You can compare APR rates between credit card offers and know that, for the most part, you are comparing apples to apples. 

The lower the APR interest rate of the card, the less money you will have to pay in interest.

Keep in mind that some credit cards come with a six month or 12 month introductory APR rates of zero percent. 

However, that number may skyrocket into the high 20% once the introductory period is over. 

Annual percentage rates for credit cards with a 740 credit score may be variable which means that they will adjust up and down based on the market prime rate. 

Be sure to read the entire Truth In Lending and understand all the rates and fees before deciding on the best credit card for you. 

Annual Fees

Some credit card companies will charge an annual fee that will be automatically added to your account balance each year.  

This fee doesn't entitle you to any additional services or give you added protection, it is merely a cost of having and using that credit card. 

There is no reason for you to choose a card with an annual fee unless the interest rates are extremely low or the rewards offered are ones you will regularly use.

Annual fees generally run from zero to $99, but in some instances can cost in the thousands. 

Don't worry, none of the credit cards discussed have annual fees over the norms, but I wanted to point out that you need to look closely at the fees associated with each card.  

As discussed in the section above, annual fee rates tend to act like a teeter-totter with APR rates, the higher the annual fee, the lower the APR rate and vice-a-versa. 

Before selecting a card with an annual fee, be sure that you are getting a really low APR rate or some awesome rewards with your new credit card.

Best Reward Credit Card For 740 Credit Score

Rewards credit cards can be fun and give you great savings on products and services that you regularly use. 

Credit card rewards programs are all different; some of the most popular offer you a flat percentage of cashback on all purchases.

However, these percentages tend to be lower in the 1% range. 

Where you can really save money and take advantage of your rewards card is if you can find one that offers you a higher percentage cash back on stuff you buy all the time. 

That is why no one rewards card is suitable for everyone. 

Below we discuss the different types of rewards programs available and suggest the credit cards that you should qualify for with a good credit score between 740 and 749.

Cash Back Rewards

The most popular rewards card and easiest to understand is the cashback rewards cards. 

These cards have programs to give you a percentage of cash back based on the criteria. 

Some of these rewards programs give you a small cash back percentage on everything you purchase.

Keep in mind that choosing a credit card with a high cashback percentage may also come with a higher APR rate. 

Be sure that it makes financial sense to choose that credit card over a lower APR rated card without the high rewards. 

Remember, if you don't use those rewards regularly, you are just paying a higher APR rate and getting nothing in return. 

Low Interest / No Annual Fee

Recently we have seen rewards cards that advertise a 'No Annual Fee' with low APR rates. 

I know what I said above about low annual fees usually equate to higher APR's, but in this case, there are a few credit cards that offer low APR's too. 

Most of the low interest credit cards offer an introductory rate of 0% for 6 to 18 months and then that APR rate will rise to a set amount above prime. 

From a genuine financial standpoint, if you can find a credit card with no annual fees and super low APR rates for a credit score between 740 and 749, jump on it! 

Travel Miles

Travel rewards credit cards allow you to earn miles as a reward for using your credit card. 

These cards are great if you travel a lot or use hotels regularly, as many of these cards offer double, triple and even 5x the miles for using their card to make travel related purchases. 

Pay close attention to the promotions and special purchase rewards of each card and try and choose one that gives bonus miles for purchases that you already regularly make.

The miles and rewards that you collect using your travel rewards credit card can be used to purchase airline tickets and vacation packages. 

Many people love their travel rewards credit card because they are able to go on vacation a couple of times a year for next to nothing by just using their credit card regularly. 

With a good credit score you qualify for the very best of travel rewards cards and you can check out your options here!

Balance Transfer

If you have a credit score between 740 and 749 you should qualify for a credit card that offers zero introductory APR rates that can be used for balance transfers. 

Keep an eye out for the cards balance transfer fee, some cards can charge as much as 5% of the balance of the card to transfer it to the new one.

Student Credit Card Rewards

Business Rewards

You may want to consider a business credit card if you are a small business owner. 

Business credit cards are a great way to earn rewards points, miles, or cashback on everyday business expenses.

These rewards can be redeemed for free travel, cash back, gift cards, or merchandise. 

They are a great way to begin to build business credit that can help you easier qualify for future business loans like an SBA.

Take Action!

Hopefully, you found this article on the best credit cards for a 740 to 749 credit score helpful. 

Having a good credit score opens up a lot of options, including multiple rewards cards. 

Weighing out the value of the rewards to the APR and annual fees is the only way to find the best credit card for you.