It is common to see clients struggling with a poor credit score and therefore, failing to get the credit card that they need. Again, Ulta credit card approval odds also largely depend on how stable your credit history is and if your score is shining or not. However, there are other things to consider as well. Let’s take a look!
- Ulta credit card approval odds increase considerably if you have a score above 640.
- You need to be above 18 years of age with a good credit history to be eligible for the credit cards.
- The Ultimate Rewards credit card has an opening credit limit of $250 to $1,000 or more and The Rewards Mastercard has a credit limit of roughly $1,000.
…and Much More!
How Does Ulta Pre Approved Credit Work?
The Ulta credit card is a no-fee rewards credit card for Ulta customers who wish to save money on their purchases.Â
However, it is not a credit card for people with bad credit or no credit at all. If you apply for Ulta Beauty’s Ultimate Rewards, your credit score, credit history, and income will all be considered for prior to approval.
- You can build credit score with the card! The more you shop, the chances of getting more points will increase.
Once you’ve been approved, every dollar you spend at Ulta Beauty shops or on ulta.com gives you an extra point. If you’re a new customer with good credit, Ulta Beauty may offer you a store credit card.
However, if you purchase frequently at ulta.com and have good to excellent credit, the Ultimate Rewards Mastercard is easy to obtain.
Application Requirements – How To Qualify For Ulta Credit Card
Both, the Ultimate Rewards credit card and the Mastercard can be applied for online. You can also look into the fees and interest rates of these cards through their online portal. However, before you begin, make sure you check if you are eligible for the application or not.
- You must be of legal age in your state or region to apply for an Ulta credit card.
- You should have an account on Ulta.com.
- If you don’t already have an account, Sign up to ulta.com and make one right now.
Moreover, there are two ways to apply for Ulta credit card. Either you can visit our local Ulta Beauty store and apply at the register, or apply online at ulta.com/credit.
Then you need to provide your full name, phone number, birth date, annual income social security number and current U.S address.
Attention! If accepted, you’ll get a credit card welcome packet in the mail within 7-10 business days.
Minimum Credit Score Requirement for Ulta Credit Card
To apply for different credit cards, you’ll need a varied credit score depending on the terms set forward by the particular company. Moreover, Ulta representatives confirm that they do perform hard inquiry when you apply for the credit card meaning your score would be strictly scrutinized.
- To apply for ultimate, which is on the top end of the fair credit category, you must have a credit score of 640 or greater.
You with need strong to exceptional credit to be approved for the Ultimate Rewards Mastercard. Regularly, customers report approvals with scores of about 600. You can check for Ulta credit card application status later on.
Application Rejected? Here’s What You Can Do Next After Denied Ulta Credit Card
Closed-loop retail cards, like the Ultimate Rewards credit card, are frequently the most simple to obtain. However, if you’ve applied for an Ulta credit card and been turned, there must be a reason for rejection.
- If your application is denied, the company will send you a letter explaining why you were denied.
The most obvious reason is that there is no limit to the number of accounts they allow. Ulta will compare your credit profile to that of other customers and may deny applications owing to a large number of active credit cards or a large number of applications with better score.
Attention! You can apply again for the card after rejection but keep in mind, the inquiries will show up on your credit report and pull down your score.
Moreover, you have 30 days to reapply. You can also call customer support at (800) 675-5685 for more information.
How To Cancel Ulta Credit Card
If you have changed your mind about the Ulta credit card or wish to reapply for a different card, the fastest way is to call 8660-257-9195.
Ulta Credit Card Limits
Ulta has set a credit card limit for its customers. Your opening credit limit for both cards will be determined by your income and credit history.
- The Ultimate Rewards credit card has an opening credit limit of $250 to $1,000 or more and The Rewards Mastercard has a credit limit of roughly $1,000.
The company may automatically alter your credit limit based on your payment activity and specific credit characteristics. This usually happens about 6 months after you start your account.
However, if you do not see an increase in your credit card limit, notify Ulta and seek a credit line increase using their official website.
Ulta Credit Card Review
Ulta credit card, issued by Comenity Bank, is a great option for frequent Ulta shoppers regardless of its high APR and lack of reward flexibility. Users praise it thanks to the high point values.
The credit card has two versions. The Ultamate Rewards credit card is a closed-loop card that can be used only in-store at Ulta Beauty or online at Ulta.com. On the other hand, the Ultamate Rewards Mastercard can be used anywhere a Mastercard is acceptable.
- Both the cards have no annual fee but Mastercard version carries more rewards and benefits.
As per Ulta’s customer loyalty program, the credit card gets you 2 points per $1 spent at Ulta and 1 point per $3 spent outside Ulta Beauty. Keep in mind that the points can only be redeemed within Ulta brand.
Beware of the interest rates. The ongoing APR on the Ultamate Rewards Mastercard ranges between 21.99% to 30.99%. The Ultamate Rewards credit card carries 30.99% ongoing APR.
Extra Reading
How To Improve Your Approval Odds For Credit Cards
There is a lot you can do to improve your credit card application acceptance chances.
- Lower your credit utilization
Perhaps the easiest way to wreck your credit card approval odds in the future is to use all the available credit limit on the cards you have. This signals that you are in desperate financial situation and may struggle to repay the additional amount.
- Build a solid credit history
You can improve the look of your credit report by striving to clear late payments and other similar negative items.
- Pay off debit
It is crucial to reduce overall debt if you want to improve credit score. Clearing pending dues will allow lenders to see that you are financially stable and responsible.
- Increase your income
Several side gigs can help you boost your overall income. Starting a side hustle or looking for a higher-paying job will make it easier to uplift credit score.
- Avoid extra credit inquiries
Credit card or loan application result in a hard inquiry which can pull your credit score down. Make sure you only apply when you really need it.
The Bottom Line
Credit card applications can easily be completed online but you have to make sure that you are eligible before you apply.
In case of Ulta credit card, approval odds are not that high. You need an excellent credit score to qualify for the card. You may be turned down if the company has applicants with better credit history.
Frequently Asked Questions
Can I apply for ulta credit card with bad credit?
This one is not meant for applicants with poor credit score but there a number of options in the market that you can explore instead, such as Capital One Platinum credit card that can help you improve your credit score and guarantee easy approval.
Does Ulta company run hard inquiry at the time of credit card application?
Yes. There be a hard inquiry on your report when you apply for the credit card. Therefore, you need to have a good to excellent credit score at the time of application.
Will the company tell me when my Ulta credit card is approved?
The Comenity bank will contact you if you are approved for the card. Moreover, you can call 1-855-497-8157 for information on this query.
Jamie Johnson is very enthusiastic Kansas City – based freelance writer, and her core expertise are finance and insurance. She has been endorsed on several personal finance, insurance & business website to share her thoughts. Her publications can be found on famous sites like Bankrate, The Balance, Business Insider, Chamber of Commerce and many others.
From many years, she served more than 10,000 hours of research and writing to more than 2000 articles related to personal finance, credit building, mortgages, and personal and student loans.
