There are many benefits of having a high credit score, including more loan opportunities with better terms, discounted insurance, access to the most rewarding credit cards, and lower interest rates for large loans. Ultimately, a high credit score allows you more opportunities for borrowing and saving money. What is considered a good credit score range depends on the credit score simulator, but typically a credit score above 670 or 700 is deemed to be good. The highest credit score is in the 800s.