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If you have a credit score of 740, you should pat yourself on the back. Many banks consider this score to be the start of “excellent credit.” This means you can start qualifying for some of the best rewards credit cards that earn points/miles for things like travel, dining, and more. You’ll also have access to perks that can include things like airport lounge access, free TSA PreCheck or Global Entry, elite hotel status, and even credit for Equinox and Walmart+. Here are some of the best credit cards for a 740 credit score.
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
The Best Credit Cards To Have With A 740 Credit Score in 2022
You have worked hard to improve your score to get a better rewards credit card. These cards offer better purchase rewards and better card benefits than starter credit cards used to build your credit score.
In some cases, you might qualify for these cards with a 720 credit score. But, your approval odds are better with a 740 credit score or higher.
It’s also possible to receive an instant approval decision. Or, you may qualify for a higher credit limit. Either way, you likely have a number of options available.
Here’s a preview of what a 740 credit score can get you:
- Chase Sapphire Preferred® Card
- Capital One Venture Rewards Credit Card
- The Platinum Card® from American Express
- American Express® Gold Card
- Southwest Rapid Rewards® Priority Credit Card
Chase Sapphire Preferred Card
There is an ocean of travel rewards cards to choose from with a 740 credit score. But, one credit card that you should definitely consider is the Chase Sapphire Preferred® Card. You will especially like this card for its travel bonus when booking travel through Chase Ultimate Rewards® and if you want flexibility in redeeming and earning travel rewards.
Flexible Redemption Options
The Chase Sapphire Preferred Card earns rewards points called Ultimate Rewards. If you are unfamiliar with this program, it’s arguably the best transferrable travel rewards points program. Not only do you earn points for every dollar spent on travel and dining, but you also have several awesome redemption options.
Chase Ultimate Rewards points are most valuable when you redeem them for award travel. If you use the Chase Ultimate Rewards travel portal, they are worth 1.25 cents each (10,000 points are worth $125). Most travel rewards programs are doing good to make your points worth 1 cent each (10,000 points are worth $100). And, if you don’t have enough points to pay for an entire reward travel purchase, you can pay with points and cash.
The Chase Sapphire Preferred earns unlimited:
- 5x points on travel purchased through Chase Ultimate Rewards® (excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit)
- 3x points on dining (including eligible delivery services, takeout, and dining out)
- 3x points on online grocery purchases (excluding Target®, Walmart®, and wholesale clubs)
- Also 3x points on select streaming services
- 2x points on all other travel purchases
- 1x point per $1 spent on all non-bonus purchases
There is a $50 annual Ultimate Rewards Hotel Credit. It comes in the form of a statement credit that will automatically be applied to your account when your card is used for hotel accommodation purchases made through the Ultimate Rewards program, up to an annual maximum accumulation of $50.
This can be one of the best hotel credit cards.
Plus, on each account anniversary, you’ll earn bonus points equal to 10% of your total purchases made the previous year. So, if you spend $25,000 on purchases, you’ll get 2,500 bonus points.
New Chase Sapphire Preferred® Card cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s $750 when redeemed through Chase Ultimate Rewards®.
Or, you can also transfer the points to one of the 1:1 travel partners where 60,000 Chase points becomes 60,000 Southwest points or 60,000 Marriott points, for example.
As an added bonus, you will never pay a foreign transaction fee. The annual fee is $95.
Related: Chase Sapphire Preferred Review 2022
Capital One Venture Rewards Credit Card
Another leading travel rewards credit card is the Capital One Venture Rewards Credit Card. You earn 2x miles on all purchases. So if you buy groceries, pay for a movie, or book a flight with your Venture Rewards Card, you’ll earn 2x miles. You also earn 5x miles on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023).
You can also redeem Venture miles for past travel purchases or booking future trips. Another redemption option is airline point transfers.
Another card benefit you might enjoy is a fee credit for Global Entry or TSA PreCheck. This is a good option for those people who have a 740 credit score.
New Capital One Venture Rewards Credit Card cardholders can earn 75,000 miles after spending $4,000 on purchases in the first 3 months.
Learn more: Travel Rewards Credit Cards
The Platinum Card from American Express
Frequent flyer mile chasers should consider The Platinum Card® from American Express.
If you’re not loyal to a certain airline or need free checked bags, this is for you. You can also transfer your Membership Rewards® points earned with the Platinum Card to airline partners like British Airways, Delta, JetBlue, Emirates, and Etihad.
Cardholders earn 5x Membership Rewards® Points for flights booked directly with airlines or with American Express Travel, up to $500,000 on these purchases per calendar year, and earn 5x Membership Rewards® Points on prepaid hotels booked with American Express Travel.
This can be one of the best miles credit cards thanks to its flexibility and perks.
Cardholders can get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings, which requires a minimum two-night stay, with American Express Travel when paying with their Platinum Card®.
Also, get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
Plus, American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
Other Platinum Card from American Express Benefits
There’s also a new digital entertainment credit. Cardholders can get up to $20 in statement credits each month when you pay for eligible purchases with The Platinum Card® from American Express at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
In addition to enjoying TSA PreCheck or Global Entry access, cardholders can also enjoy CLEAR perks. Cardholders can use their Card and get up to $189 back per year on their CLEAR® membership. Terms apply.
Another exciting new benefit is the ability for cardholders to enjoy up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. This amounts to up to $300 annually. Enrollment required.
There is also a $155 Walmart+ credit to enjoy. This covers the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
Get the full details and learn more in our in-depth The Platinum Card from American Express review.
The annual fee is $695 (See Rates & Fees) but can be offset with the perks, which are valued at over $1,400.
Welcome Bonus Offer
New The Platinum Card® from American Express cardmembers can earn 100,000 Membership Rewards® Points after spending $6,000 on purchases on the Card in the first 6 months of Card Membership. Plus, new cardholders can choose new Platinum Card designs! Select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. Terms apply.
Learn more: Johnny Jet Recommended Credit Cards
American Express Gold Card
Another American Express option for a 740 credit score is the American Express® Gold Card. Maybe you want a “lifestyle rewards” credit card that earns bonus points on travel and food purchases. The revamped American Express® Gold Card earns 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earns 4X Membership Rewards® Points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X). Plus, earn 3X Membership Rewards® Points on flights booked directly with airlines or on amextravel.com.
The most valuable point redemptions are for award travel, gift cards, and 1:1 airline partner transfers.
Another perk is the ability to earn up to $10 in statement credits on a monthly basis when you use your Gold Card to pay at the following dining establishments (enrollment is required):
- The Cheesecake Factory
- Milk Bar
- Shake Shack (only at participating locations)
This perk can save you up to $120 annually.
The annual fee is $250 and there are no foreign transaction fees (See Rates & Fees).
New American Express® Gold Card cardholders can earn 60,000 Membership Rewards points after spending $4,000 on eligible purchases within the first 6 months. Also, Rose Gold is back! Cardholders can choose between Gold or Rose Gold.
Learn more: Johnny Jet Recommended Credit Cards
Southwest Rapid Rewards Priority Credit Card
With a 740 credit score, you can also set your eyes on the flagship Southwest Rapid Rewards® Priority Credit Card. Cardholders earn unlimited:
- 3x points on Southwest® purchases
- 2x points on local transit and commuting, including rideshares
- 2x points on internet, cable, phone services, and select streaming purchases
New Southwest Rapid Rewards® Priority Credit Card cardholders can earn 75,000 bonus points after spending $5,000 on purchases in the first 3 months.
You also get these benefits:
- $75 Southwest annual travel credit
- Four Upgraded Bookings each year (when available)
- 25% back on inflight purchases
- 7,500 points anniversary bonus
This is one of the best Southwest credit cards.
A 740 credit score opens a lot of doors when applying for new credit. Even more open up when it grows to 800. While earning better rewards, don’t forget to use free credit score monitoring to track your progress.
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For rates and fees of The American Express® Gold Card, please click here.
For rates and fees of The Platinum Card® from American Express, please click here.
Chase Sapphire Preferred® Card
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
- Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.