By CreditNinja
Modified on May 15, 2024

840 is an excellent credit score with a tier one credit rating.

An 840 credit score is only 10 points away from being perfect.

According to FICO, only 20.7% of consumers have scores between 800 and 850.¹  

Key Takeaways for a 840 Credit Score

Overview of Your
Credit Rating

840 is an exceptional credit score.

Borrowing Options With an
840 Credit Score

You are likely to qualify for the best loan deals and credit card offers.

Maintaining an 840
Credit/FICO Score

You can maintain your current score by limiting your credit inquiries and keeping debt low.

Is an 840 Credit Score Good?

A good credit score ranges between 670 and 739 points. If your current score is 840, then you have an exceptional credit score that is much higher than the average credit score of an American consumer.

What Can You Get Approved for With an 840 Credit Score?

You may get approved for these common loan options:

Personal Loans

As a borrower with near-perfect credit, you are likely to qualify for a large personal loan with an attractive APR! Just remember that an extended repayment schedule will increase your overall loan amount. 

Bank Loans

Banks generally require good credit for installment loans. As someone with high creditworthiness, you may be eligible for all types of secured and unsecured loans

Credit Cards

Credit cards typically have high APRs and fees that make repayment a struggle. However, borrowers with excellent credit scores may have no issues getting the lowest rates on the market! 

These are some of the best reward cards for excellent FICO Scores: 

Credit Card Name

APR Range

Welcome Bonus

Annual Fee

Capital One Venture X Rewards Credit Card

19.99% – 29.99%

75,000 miles


Chase Sapphire Reserve®

22.49% – 29.49%

60,000 points


Citi Premier® Card

21.24% – 29.24%

60,000 points


Blue Cash Preferred® Card from American Express

19.24% – 29.99%


$0 intro annual fee for 1st year, then $95.

Discover it® Cash Back

17.24% – 28.24%

Unlimited Cashback Match for all new cardmembers for one year


The Platinum Card® from American Express

21.24% – 29.24%

80,000 points


Disclaimer: The APR ranges are variable (V). The APRs, annual fees, and welcome bonuses are subject to change.

Auto Loans

Auto loans are generally easy to get for borrowers with a lengthy history of responsible credit behavior. You could potentially get the lowest new and used car rates to save on interest fees. 

Products To Help Maintain an 840 Credit Score

These products can help you maintain your high FICO Score:

Credit Monitoring 

Monitoring your credit can help you stay up-to-date on your fluctuating FICO Score. But many people don’t know their current score! A recent survey by NY Sports Day finds that 23% of Americans do not know their credit score.² You can view your credit score through your online credit account or on your monthly statements. 

Budgeting Apps

A budgeting app can help you maintain your credit score by allowing you to easily track spending and schedule bill payments. Most popular budgeting apps provide free trials, so you can try them out before committing to paying for a monthly subscription. 

Automatic Payments

Signing up for automatic payments can prevent you from forgetting to pay a bill and damaging your credit score. Most financial institutions provide an autopay feature for your convenience. You can easily customize the amount you want to pay monthly.  

Benefits of an 840 Credit Score

These are some of the benefits you can get with excellent credit: 

Low Rates

High credit scores can help consumers qualify for low rates! A low annual percentage rate can result in lower monthly payments, so you can keep more money in your checking account

Easy Approval Process

An exceptional FICO Score can make it easy to get fast financial relief during an unexpected emergency. Unlike low-credit borrowers who need to apply with multiple lenders, you could be eligible for almost every loan or credit card. 

Higher Credit Limits 

Superb credit history and recurring income could help you get a high credit limit. High credit limits can lower your credit utilization ratio, which is the amount of credit you are using compared to how much total credit you have to spend. 

How To Maintain Your 840 Credit Score

Here’s how you can maintain your current credit score: 

Maintain Low Debt

Keeping your overall credit card balance low can help you maintain your excellent credit rating. Remember that high credit balances on your financial report can make you seem financially unstable to a lender or credit card issuer.

Avoid Late Payments 

A late payment can appear on your credit report and affect your credit score for up to seven years. If you want to maintain perfect credit, remember that the FICO credit scoring model places heavy importance on your payment history. 

Limit New Inquiries 

Applying for multiple credit accounts within a short time can look bad on credit reports and result in a lower credit score. Every hard credit check can drop your score by as much as ten points! Credit inquiries can remain on your credit report for two years, so avoid too many hard credit inquiries. 

FAQs About 840 Credit Scores

Consolidating debt can be a smart strategy to manage multiple debt payments. It might initially impact your credit score when you apply for a new loan, as this involves a hard inquiry by credit bureaus. However, consolidation can lead to easier management and potentially lower interest rates, which might help you pay off your debt faster and boost your credit score in the long term.

If you spot an error on one of your credit reports, don’t worry—it’s fixable! Start by notifying the credit bureau in writing. Include any documents that support your case. You should also alert the credit card issuer or lender who reported the error. They are required to investigate the items you question and report their findings back to the credit bureau.

Most information about your debts, like late payments and defaulted accounts, will stay on your report for up to seven years. Bankruptcies can remain for up to 10 years. It’s important to maintain a positive payment history even after negative items expire, as this will help improve your credit scores over time.

What Interest Rate Can I Get With an 840 Credit Score?

In order to get an 840 credit score, you must have an exceptional credit history that demonstrates responsible financial management. Lenders and credit card issuers typically only offer their lowest rates to borrowers who are deemed to be low-risk; that’s why borrowers with high credit scores get the best rates on loans and credit cards.

Can I Buy a House With an 840 Credit Score?

You may have no issues qualifying for a conventional loan with high credit and a steady source of income. Most mortgage lenders offer conventional loans, so you have more options to choose from. Conventional loans typically offer higher loan amounts, competitive interest rates, and flexible PMI terms. 

Top 5 Resources for an 840 Credit Score

Related Credit Scores

815  818  820  822  830  844  850