Short answer: very good — if your paycheck cooperates. Perpay doesn't use a FICO cutoff at all. Here's exactly what it checks instead, the requirements that actually matter, and what to fix if you're denied.
No credit score cutoff. Approval is income-based, not FICO-based.
Zero impact to your FICO or VantageScore for checking.
Approved cardholders typically start at $500 or more.
Traditional issuers pull your FICO score with a hard inquiry and decide from there. Perpay flips the model — its underwriting looks at your ability to pay from income, verified through four things:
Ready to see where you stand? The check is a soft inquiry and most decisions arrive in under a minute — walk through the full flow in our step-by-step guide, or head straight to the eligibility form.
There is no minimum credit score. Perpay approves based on income, payroll history, and alternative data rather than a FICO cutoff — applicants with scores in the 500s and even no credit history report approvals.
No. Applying uses a soft inquiry that doesn't affect your FICO or VantageScore. Perpay may pull data from Clarity Services, an alternative credit bureau owned by Experian, which can note the inquiry on your Clarity profile only.
Approved cardholders are typically guaranteed a starting credit limit of at least $500, with stronger applicants receiving higher limits. Automatic credit line reviews begin in as few as three months.
Common reasons include insufficient or unverifiable income, no qualifying payroll direct deposit, an active bankruptcy, current delinquent accounts, or residency in a state where the card isn't offered (New Hampshire, Vermont, U.S. Territories).
Checking your eligibility takes a couple of minutes and won't affect your credit score. Review Perpay's official disclosures on the issuer's site before completing your application.