One credit inquiry won’t impact your credit score. But if you apply for credit cards too often (two or more times a month), that will negatively impact your credit score and will lower your chances of getting approved. Every credit inquiry appears in your credit report and if there are too many of them, that will lower your credit score especially if the credit applications are declined. It is best to apply only once every six months if you are trying to build your credit. A person with good credit though can apply more frequently and still get approved.
BEST CREDIT CARD OFFERS from our partners:
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit