810 credit score: What it means

If your credit score is 810, that means you have an exceptional credit score, according to Experian. According to a report by FICO, only 23% of the population has a credit score of 810 or above, so you're in a very select group. Having a high credit score comes with a lot of advantages, so you can enjoy the many benefits that come with having excellent credit.

Let’s get started to understand what it means, why 810 credit score helps and how to get one.

There are many benefits that come with having great credit score, and the good news is that you don’t need to have a perfect 850 credit score to start enjoying them. Just getting your credit score over 800, which is officially considered excellent, gives you the same advantages as having a perfect credit score.

When you have an 810 credit score, you’ve done everything you need to do to prove that you are a responsible borrower. Banks and credit card issuers will be eager to loan you money, often at very favorable terms. People with 800+ credit rarely hear the word “no,” whether they’re asking for a mortgage preapproval letter or turning in a rental application.

How to improve your 810 credit score

A FICO® Score of is excellent—well above the average credit score of 711. It's nearly as good as credit scores can get, but you still may be able to improve it a bit.

More importantly, your score is on the low end of the Exceptional range and fairly close to the Very Good credit score range (740-799). A Very Good score is hardly caused for alarm, but staying in the Exceptional range can mean better chances of approval for the very best credit offers.

It's important to keep your credit utilization rate low in order to maintain a good credit score. Try to keep your total utilization rate below 30%, and aim for a utilization rate of below 30% on each individual credit card account. By following this advice, you can avoid lowering your credit score.

Length of credit history is one of the most important factors in your credit score. If all other factors are equal, a longer credit history will yield a higher credit score than a shorter one. Therefore, it's important to keep your oldest lines of credit open and active to maintain a good credit score.

Although new credit accounts may have negative effects on your credit score in the short term, it is important to remember that your score will rebound within a few months as long as you make all of your payments on time. Additionally, new credit activity can contribute up to 10% of your overall credit score. Therefore, don't let a small dip in your score discourage you from applying for new credit or taking on additional debt.

810 Credit Score: What does it mean to have it?

An 810 FICO score means you have an excellent credit history. You haven't missed any payments or done anything that would lower your credit score from its exceptional ranking. You've likely been using credit successfully for many years and have a healthy mix of credit accounts that includes both revolving credit (like credit cards) and installment credit (like a mortgage).

This is why you should be happy with your exceptional credit score

If you have an exceptional credit score, it means you have a long history of managing your credit well. You always pay your bills on time and handle debt prudently. Banks and credit card issuers love customers like you because you're low-risk. They usually offer you their best lending terms, which can include lower interest rates on loans and credit cards and better rewards programs. So if you have good credit, make sure you take advantage of these opportunities!

What does a 810 credit score get you?

Credit Cards For 810 Credit Score

The benefits of exceptional credit score

Higher credit limits

If you have an 810 credit score, you'll probably be able to get higher credit limits. This means you'll have more purchasing power. Not only does having a higher credit limit improve your purchasing power, but it also makes it easier to maintain a low credit utilization ratio. And a low credit utilization ratio is one of the things that help you keep your excellent credit score. So there are lots of benefits to having a high credit limit if you have a great credit score.

Better credit offers

If you have an 810 credit score, you'll have access to some of the best credit offers available. With such a high credit score, you'll be an ideal candidate for all of today's best credit cards, including cards specifically for people with excellent credit.

People with a credit score over 810 are also likely to be accepted for other lines of credit, including personal loans, mortgages, and car loans. Not only will most banks and credit issuers be eager to loan money to someone with a near-perfect credit score, but the terms of the loan will often be more favorable than what's offered to people with lower credit scores.

Better credit approval odds

If you're worried about your credit score, rest assured that an 810 score is likely to exceed any lender's minimum requirements. As long as you meet other eligibility criteria like income and employment stability, you have a good chance of being approved for the loan.

Lower interest rates

If you have an exceptional credit score, you'll likely be offered interest rates that are significantly lower than the national average. This can save you a lot of money over time, especially if you get a low fixed interest rate on a long-term loan.

For example, if you have a 30-year mortgage with a low fixed interest rate, you could save hundreds or even thousands of dollars over the life of the loan. Similarly, low-interest rates on car loans, credit card balances, and personal loans can also lead to significant savings.

Better insurance rates

If your state allows insurance providers to consider your credit score when calculating premiums, having a good credit score could help you get a lower rate on your homeowners or auto insurance. So if you have a good credit history, be sure to ask your insurance agent if you're getting the best rate possible.

How to get an 810 Credit Score

One of the best ways to show lenders that you're a responsible borrower is to pay your bills on time. Payment history is the most crucial factor with the FICO credit scoring models, accounting for 35% of your credit score, so it's essential you pay your bills on time.

Fortunately, if you miss a payment, you can correct the mistake and avoid negative consequences to your credit score. Typically, lenders don't report missed payments to the credit bureaus until they're 30 days past due, so make sure to pay any outstanding bills before then.

Adding to your credit portfolio can be beneficial, especially if you don't already have a certain type of credit account. For example, if you only have installment loans, like a car loan or a personal loan, adding a new credit card can help diversify your credit mix, which determines 10% of your credit score. And, by adding to your credit limit, you may also reduce your overall credit utilization ratio. This could improve your credit score and help you access more financial opportunities in the future.

Monitoring your credit score regularly is important in maintaining a good credit history. Many credit monitoring services will provide you with an updated credit score every week, as well as an analysis of why your score might have changed. By understanding what factors influence your credit score, you can make choices that will help to improve your score. Avoid anything that might bring your credit score down, and keep up with good financial habits to maintain a strong credit history.

It's important to keep your credit utilization low in order to avoid a serious hit to your credit score. A general rule of thumb is to keep your credit utilization ratio under 30%.

It's a good idea to review your credit reports with the three credit bureaus (Equifax, Experian, and TransUnion). Many Americans have errors on their credit reports—and those errors could lower your credit score.

Make sure all the information on your credit reports is accurate and learn how to dispute credit report errors with the credit bureaus. This way, you can improve your credit score and get access to better financial opportunities.