The 800 plus credit score built up over time by paying our bills timely, keeping our revolving debt low, and having several sources of credit.
We never missed a payment on any of our debts. Paying on time is the most critical aspect of maintaining an 800 credit score.
Convenience, cashback, travel reward bonuses used in emergencies, and the ability to build a credit score are some examples.
There isn’t much additional benefit once your credit score gets above 720 or so. With that being said, having a high credit score does come with perks.
To have an 800+ credit score, the absolute best thing you can do is pay your bills on time, every time.
Of course, other factors are at play, such as credit card utilization (how much-approved credit are you using), length of credit and payment history, total accounts, and several hard inquiries.