Home depot pro xtra credit card review? (2024)

What is the highest credit limit on a Home Depot card?

Credit Line up to $55,000

Your first step on the application is to request your loan amount, typically the amount you have estimated it will cost to complete your home project. The Home Depot Project Loan allows for loans from $2,500 to $55,000. In general, it's good practice to request only what you think you need.

Do you get approved right away for Home Depot credit card?

Whether you apply online or in person, the approval process usually takes place on the spot, and you will receive your card within 14 days. In the event that Home Depot can't provide an instant credit decision, you'll be notified within 30 days by U.S. mail to advise you of your application status.

What does your credit score need to be to get a credit card from Home Depot?

A FICO® Score of at least 600 is recommended to apply for the Home Depot® Credit Card -- ideally, a score of 640 or higher. Applicants who get this card usually have scores in the fair credit or good credit range.

Is the Home Depot credit card a hard or soft inquiry?

As with most store cards and most credit cards a hard credit inquiry is run to approve applicants for Home Depot credit services. Applying for any credit product is a decision you always should make carefully, since credit checks often lower your credit score by a few points.

Is $25,000 a high credit card limit?

Yes, a $25,000 credit limit is good, as it is above the national average. The average credit card limit overall is around $13,000, and people who have higher limits than that typically have good to excellent credit, a high income and little to no existing debt.

Which credit card has 50k limit?

Chase Sapphire Reserve® is one of the best credit cards for a high limit because you can get a signup bonus of 60,000 bonus points for spending $4,000 in the first 3 months. Cardholders with excellent credit have also reported receiving limits of $50,000+.

What does Report Code 25 mean Home Depot?

The customer's card issuer does not recognise the credit card details. The customer should check the card information and try processing the transaction again.

What bank approves Home Depot credit card?

For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company. The Home Depot Credit Card is issued by Citi.

What credit bureau does Home Depot credit card use?

The Home Depot® Credit Card reports to the major credit bureaus monthly, within days after the end of a cardholder's monthly billing period. Home Depot® Credit Card reports the card's credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian.

Can you get Home Depot card with 630 credit score?

You need a credit score of at least 640 for a Home Depot® Credit Card. This means you should have fair credit or higher for approval.

Does Home Depot credit card do a soft pull?

Getting pre-qualified for the Home Depot® Credit Card doesn't affect your credit score, as the procedure only involves a soft pull. But if you decide to submit an application for the Home Depot® Credit Card, the issuer will conduct a hard pull, which will lead to a slight, but temporary decrease in your credit score.

Does getting denied for a credit card hurt?

Does Getting Denied for a Credit Card Hurt Your Credit Score? By itself, a denied credit card application won't have any impact on your credit scores. However, every time you apply for any type of new credit, it results in a hard inquiry on your credit report.

Who processes Home Depot credit?

For businesses exploring credit options in the hardware industry and home improvement projects, Home Depot offers two CitiBank-issued commercial credit options in the form of in-store credit cards. Home Depot's two card options are its Pro Xtra Credit Card (Commercial Revolving Charge) and its Commercial Account Card.

What credit score does Lowes require?

The credit score that you need for the Lowe's Store Card is 640, at a minimum. That means people with at least fair credit have a shot at getting approved for this card.

How many credit cards should you have?

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

What is a respectable credit limit?

A good credit limit is above $30,000, as that is the average credit card limit, according to Experian. To get a credit limit this high, you typically need an excellent credit score, a high income and little to no existing debt.

Is a 15k credit card limit good?

Yes, a $15,000 credit limit is good, as it is above the national average. The average credit card limit overall is around $13,000, and people who have higher limits than that typically have good to excellent credit, a high income and little to no existing debt.

What credit limit can I get with a 750 credit score?

The credit limit you can get with a 750 credit score is likely in the $1,000-$15,000 range, but a higher limit is possible. The reason for the big range is that credit limits aren't solely determined by your credit score.

What credit card limit can I get with a 700 credit score?

What credit card limit can I get with a 800 credit score?

Despite those high balances, it's equally important to note that those with high credit scores also have high credit card limits. For those with 800-plus scores, their average credit card limits are $69,346. That's up from the $58,514 average we found in May 2021.

What credit limit can I get with a 600 credit score?

If you have a credit score of 600, you may be able to qualify for a loan of up to $1,000. However, your interest rate will likely be high, and you may be required to provide collateral. If you have a cosigner with good credit, you may be able to get a lower interest rate.

What does Code 5 mean at Home Depot?

The "RSN: 5" means that it was the code that individual employees can use at their discretion.

What does HC mean at Home Depot?

What is considered fair credit?

A fair credit score is generally a FICO Score of 580 to 669. While this is considered a low credit score, you can take steps to improve your score.

What bank is target credit card?

The RedCard credit cards (Target Credit Card and Target Mastercard) are issued by TD Bank USA, N.A. The RedCard debit card is issued by Target Corporation. Mastercard is a registered trademark of Mastercard International, Inc. Pat 7,562,048 and 8,117,118.