As of March 01, 2026, the average salary for a Credit Analyst II in the United States is $69,369 per year, which breaks down to an hourly rate of $33.
However, a Credit Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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A Credit Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Credit Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Credit Analyst I | 0-2 years | $58,095 |
| Credit Analyst II | 2-4 years | $69,369 |
| Credit Analyst III | 4-7 years | $85,041 |
| Credit Analysis Manager | 7+ years | $117,664 |
| VP of Credit Analysis | 7+ years | $207,284 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Credit Analyst IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 17.96% |
| Microsoft Office | 2.45% |
| Loan Review | 1.02% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Due Diligence
|
$74,919 |
8%
|
|
Risk Management
|
$74,919 |
8%
|
|
Commercial Banking
|
$72,837 |
5%
|
|
Leadership
|
$72,144 |
4%
|
|
Collaboration
|
$72,144 |
4%
|
|
Initiative
|
$72,144 |
4%
|
Your level of education can impact your salary potential. While many Credit Analyst IIs enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Credit Analyst II with a Associate's Degree is between $66,374 and $70,680).
Credit Analyst II Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 8.2% |
| High School | 8.2% |
| Associates | 3.8% |
| Bachelors | 57.7% |
| Masters | 30.3% |
| Doctorate | 0.0% |
Understanding how a Credit Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on March 01, 2026For a Credit Analyst II, the most direct path to higher earnings is advancing to the Credit Analyst III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $85,041 - a projected growth of 23% over your current level.
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Compensation PlanningHere are companies hiring for Credit Analyst II and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Credit Analyst II job openings on our job board. Use the search bar below to find your perfect match.
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A Credit Analyst II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Credit Analyst II earns the most in San Jose, CA, where the annual salary of a Credit Analyst II is $87,495.
The highest pay for Credit Analyst II is $85,377.
The lowest pay for Credit Analyst II is $51,355.
Analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Makes recommendations on credit extensions within established guidelines. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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