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One of the quickest ways to get your feet wet in the points-and-miles hobby is by taking advantage of credit card sign-up bonuses. However, before you can even start thinking about signing up for credit cards, there are some vital pieces of information you need to know and understand about your credit. Identifying your credit score can sometimes be an obstacle — although some credit cards do provide access to your most recent FICO score. However, Discover recently launched Credit Scorecard, which gives everyone free access to their FICO score.

Discover is the first credit-card issuer to offer everyone, not just cardholders, their FICO score for free. Earlier this year, Capital One introduced a credit tool, CreditWise, available to everyone, but it only showed your VantageScore 3.0 for Transunion credit score — not your FICO score.

What your FICO score means.
A quick visual guide to the range of FICO scores.

The new Discover service is very easy to use. Go to Discover’s website and register with your personal information. The Credit Scorecard will give you not just your FICO score, but also what is helping and/or hurting your score, as well as a summary of the data that factors into scoring. In addition, you’ll have access to resources and education materials to help you better understand your credit score and tools to help you stay on top of it.

While the average American’s credit score is pretty terrible, perhaps having access to this new info will make it easier for consumers to give their score a boost.

The best beginner points and miles card out there.
Chase Sapphire Preferred® Card

 

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
17.99% - 24.99% Variable
Annual Fee
$0 Intro for the First Year, then $95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.