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Thinking of applying for another credit card, good idea or not?

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  • Thinking of applying for another credit card, good idea or not?


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Answer #1 | 22/12 2013 17:10
It does hurt to apply for more cards. Even if you don't get the card, just the fact that you applied for it hurts.
Positive: 24 %
Answer #2 | 22/12 2013 19:33
If you have a reasonable chance of getting it, go for it. A person should always have 2 cards, just in case .... and do not worry about any ding to your credit score.
Positive: 18 %
Answer #3 | 23/12 2013 12:15
Depends whether you plan on using credit for anything significant in the next 12 months (like mortgage or vehicle loan). If so, try and avoid it until that's finished. Otherwise, it's just fine, but keep in mind that your credit score will be adjusted based on how much total credit you have available to you, and how much of a balance you have compared with that available credit. More important than any of this (by far), is to pay off your credit cards in full EVERY month, and have an emergency fund of at least $1000 or so to weather any financial storms.
Positive: 10 %

Possible answer

Do NOT apply for Amazon credit cards!! Information ... card a few years ago and it's been a good ... never knows it's not your real credit card.
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Positive: 24 %
... where you can ask other Credit Karma members about credit cards, ... Just a Idea, a few years ago, I did apply for a Discover Card. ... not good. Those ...
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Positive: 19 %
... history could affect your mortgage application. ... a good idea to consider building up a good credit ... apply for lots of credit cards or ...
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Positive: 5 %
... transferring the balance to another credit card may do more harm than good. ... When you apply for the ... Not only will you be faced ...
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Positive: 10 %

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