What credit score do you need for the Home Depot Credit Card?
You need a credit score of 640 (fair credit) or higher to get the Home Depot® Credit Card. The issuer will also take into account factors such as your income, employment status, payment history, and debt level when evaluating your application.
Home Depot® Credit Card Approval Requirements:
- Credit score requirement: A credit score of 640+ (fair credit).
- Age requirement: Must be at least 18 years old. If you're under 21 years old, you must have proof of independent income or a co-signer.
- Residency requirement: You must be a U.S resident. Address must be a physical location in one of the 50 U.S. states or Washington D.C. Note that P.O. box addresses will not be accepted.
- Basic application info: Includes full name, address, phone number, Social Security number, and birthdate.
- Financial info: Includes monthly rent or mortgage payment, residence status (own/rent), and total annual net income (annual income after taxes).
If you get approved for the Home Depot® Credit Card, you will receive a credit limit of at least $300. For the Home Depot® Business Credit Card, your credit line will be at least $500.
Keep in mind that the credit score needed for a Home Depot® Credit Card could also get you a number of good credit cards that can be used anywhere. For example, the Capital One QuicksilverOne Cash Rewards Credit Card offers 1.5% cash back on all purchases. However, it comes with a $39 annual fee. For business owners, Capital One Spark Classic for Business gives 1% cash back on all purchases and has a $0 annual fee.