If you're a few
points shy of the 740 mark, there are steps you can take to boost your score, including increasing the limits on your
credit cards and getting errors on your
credit report removed.
Fearful that their customers will
shy away from rewards
credit cards if there's even a hint
of taxation on the miles or
points, banking industry representatives have been quick to
point out the difference between rewards offered for checking accounts — which may be taxable — and those connected with
credit card use, which the IRS has deemed tax free.