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!
What Are Ulta Credit Card Approval Odds?
The Ulta credit card is a no-fee rewards credit card for Ulta customers who wish to save money on their purchases.
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 – In a Nutshell
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.
Application Rejected? Here’s What You Can Do Next
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.
Ulta Credit Card Limits – Everything You Need To Know
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.
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.
