Questions and Answers

Hello,

Is it true that I should apply only ONE card from each company in order to avoid affect the credit score?

thanks

Hi, this is a pretty good post to read if you’re curious about credit scores

[URL]https://onemileatatime.com/credit-cards-credit-scores/[/URL]

Not sure I’m clear on your question – applying at one bank for two of their cards or applying at different banks on the same day for their individual cards? Depending on your credit rating, when applying for multiple cards from the same bank it’s not just a question of your credit score getting a slightly negative deduction but rather that the bank may only approve one card at a time. If the question is applying for multiple cards at different banks then it shouldn’t be an issue.

[URL]https://www.doctorofcredit.com/credit-card-reference-pages/[/URL]

This is a good place to bookmark for issuer specific information

Is it better to apply multiple cards at the same day? or is it better to apply one card every 90 days? I read some people apply many cards at one day so that way does not affect credit score much, but i am not sure if its true. For example, I read that american express allows to us two cards every 90 days. Should I apply 2 at the same time or should i apply for a second card on the different day?

According to doctorofcredit.com above, you can only get one Amex Card approved every five day rolling period, two approved over a 90 day period. From that, it doesn’t appear that you will be approved for more than one card if you apply for both on the same day.