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If you have an 810 credit score, congratulations. The score is considered excellent and could help you qualify for loans with more favorable terms or premium rewards credit cards.
Let’s take a closer look at what an 810 credit score means and some different strategies that could help boost your credit score.
Having an 810 credit score puts you in rarefied air. This high score unlocks the most favorable loan terms and best credit card rewards. But how good is an 810 credit score, really? And what can you do to reach and maintain this elite ranking? Let’s take a closer look.
What Does an 810 Credit Score Mean?
An 810 credit score is considered “exceptional” or “super prime” by credit scoring companies like FICO and VantageScore. Specifically:
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FICO scores range from 300 to 850. FICO considers 810 to be an “exceptional” score between 800 and 850. Less than 1% of people with FICO scores this high are expected to fall seriously behind on payments
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VantageScores also range from 300 to 850. A score between 781 and 850 is labeled “super prime” by VantageScore.
So while an 810 isn’t a perfect 850 score, it’s near the top of the credit spectrum. Both scoring models make it clear that an 810 is an outstanding credit score.
What Credit Perks Does an 810 Score Unlock?
An 810 credit score makes you eligible for the best loan terms and credit card rewards, including
- Low interest rates on mortgages, auto loans, and personal loans
- High credit limits and low APRs on new credit cards
- Generous sign-up bonuses worth hundreds of dollars in points or cash back
- Access to exclusive cards like the Chase Sapphire Reserve and American Express Platinum
Lenders view borrowers with 810+ scores as extremely low risk. That allows lenders to offer low rates and big bonuses to attract high-scorer business.
How Many People Have an 810 Credit Score?
An 810 credit score puts you in rare company. According to FICO, only 14.5% of Americans have credit scores of 800 or above. And far fewer have crossed the 810 threshold.
Likewise, VantageScore says 40.5 million Americans have “super prime” credit scores over 781. With the U.S. adult population around 260 million, that’s only about 16% of people.
So if your score is 810, congratulations! You’re in a credit elite with borrowing power that most people can only dream of.
How to Get an 810 Credit Score
Achieving an 810 credit score takes years of financial discipline. There are no shortcuts to reaching this height. But following these tips can help maximize your score:
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Always pay bills on time. Payment history is the biggest factor in credit scores. Never missing a payment due date is vital.
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Keep credit utilization low. Experts recommend keeping utilization under 30% on all cards and across all cards. The lower, the better.
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Don’t close old accounts. Having long, active credit histories boosts your score. Keep old accounts open unless they have annual fees.
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Limit hard inquiries. Each application for new credit dings your score a few points. Only apply for credit you need.
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Have credit mix. Having credit cards, installment loans, and a mortgage can help demonstrate you can handle diverse accounts.
It requires diligence and patience, but responsible credit usage over many years is the path to 810. There are no shortcuts.
Is an 810 Credit Score Good Enough?
The short answer is yes – an 810 credit score is plenty good enough for virtually any lender.
According to credit expert John Ulzheimer, once you’re over 800, “there’s very little meaningful difference between an 810 and an 850.” Both scores qualify you for the same prime loans and rates.
In fact, Ulzheimer says focusing on a perfect 850 score is “a complete waste of time and effort.” The rewards of more points simply don’t justify the extra work beyond 800.
Unless your score is on the cusp between credit tiers, an 810 is as good as it gets. Maintaining that lofty score is more important than straining for every last point.
How to Maintain an 810 Credit Score
Once you’ve reached rarefied 810 air, your priorities shift to defense. Here are tips to protect your elite score:
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Monitor your credit reports and FICO/VantageScores monthly for any changes. Early alerts allow you to address issues before they snowball.
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Keep total utilization very low, around 3-5% across all cards. Even at 810, higher usage can ding your score.
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Set payment reminders to avoid ever missing due dates that could severely damage your score.
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Freeze your credit reports to protect against identity thieves applying for credit in your name.
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Only open new credit cards when you need them to avoid unnecessary hard inquiries. And reduce credit limits on old cards before closing to avoid utilization spikes.
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Consider signing up for an identity theft protection service to monitor for fraud across thousands of websites, credit cards, and bank accounts.
Ever vigilance is needed to patrol the credit Olympus that an 810 score represents. But the financial benefits make the effort worthwhile.
Summary: An 810 Credit Score is a Golden Ticket
In conclusion, an 810 credit score represents the credit elite. Only a small fraction of Americans reach this height. An 810 unlocks the most favorable interest rates and richest rewards programs.
Climbing to 810 requires years of diligent credit management – there are no shortcuts. But once attained, an 810 score grants you financial power and flexibility that most people can only wish for. Welcome to the upper echelon!
Check your score with SoFi
Looking to build your credit? You have several avenues to explore. Below are a few to consider. Note that there’s no one-size-fits-all solution, so it’s a good idea to research all the options available to you.
How to Check Your Credit Score
Wondering how to find out your credit score for free? You have several options. The first is your credit card statement. Many credit card issuers provide customers with a complimentary look at their score. To find it, you may need to log into your account or check your monthly credit card statement.
Another option is to use credit score monitoring tools; some are free, others require a payment. Before opening an account, compare each tool to see which one best serves your needs. Quick Tip: One way to raise your credit score? Pay your bills on time. Setting up autopay can help you keep your account in good standing.
It’s good news if you have an 810 credit score and a sign that you have a track record of paying back your loans. A good score may help improve your access to loans with better terms or premium or luxury credit cards. If you want to improve your score — or just maintain it — you can try practicing good financial habits, like consistently making on-time payments, keeping tabs on your credit score, and disputing any errors.
Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost. See exactly how your money comes and goes at a glance.
Is 810 A Good Credit Score? – CreditGuide360.com
FAQ
How common is an 810 credit score?
Your 810 FICO® ScoreΘ falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.
How rare is 900 credit score?
In some countries that use other models, like Canada, people could have a score of 900. The current scoring models in the U.S. have a maximum of 850. And having a credit score of 850 is rare. According to the credit reporting agency Experian, only about 1.3% of Americans have a perfect credit score, as of 2021.
What is a realistically good credit score?
For a score with a range of 300 to 850, a credit score of 670 to 739 is considered good. Credit scores of 740 and above are very good while 800 and higher are excellent. For credit scores that range from 300 to 850, a credit score in the mid to high 600s or above is generally considered good.
Can I buy a house with an 810 credit score?
A credit score of 810 will generally qualify you for a lender’s best interest rates. As a real-world example, the average 30-year fixed mortgage interest rate was just over 7% as of late October 2022. However, the average rate paid by a homebuyer whose FICO credit score was 760 or higher was 6.583%.