Sentences with phrase «for lots of credit cards»

We'll take a look at why applying for a lot of credit cards in a short time is bad for your credit, and what you should do instead.

Too many inquiries in the last 12 months is from someone applying for a lot of credit cards in a short amount of time.

Let me begin this post by saying that you should not apply for lots of credit cards if you are a student.

Like it or not, your children are going to get offers for lots of credit cards.

Q: So I should sign up for lots of credit cards then?

For a lot of credit card gamers, that fee is worth the hundreds (or thousands) of dollars they make from rewards.

Do not apply for a lot of credit cards if you are planning on taking out a big loan or a mortgage in the next 1 - 2 years.

Although many of us apply for lots of credit cards for the sign - up bonuses, some also keep those cards for long - term use as part of a strategy to maximize the bonus miles in every possible purchase... [Read more...] about Innovative Payment Card from Coin Might Actually Work

If you sign up for a lot of credit cards just to get the miles / points bonus (and why not?!)

That said, I actually got into a discussion on Twitter with someone earlier this week about whether applying for a lot of credit cards lowers your score — they were saying it does not, while the fact of the matter is that every credit card application you make dings your score by about 2 - 5 points.

Applying for a card that doesn't match your credit profile can be a mistake, potentially driving down your credit score, especially if you are applying for a lot of credit cards at once.

Although many of us apply for lots of credit cards for the sign - up bonuses, some also keep those cards for long - term use as part of a strategy to maximize the bonus miles in every possible purchase category.

Even people who apply for lots of credit cards in general can continue to earn bonuses from Citi by being careful about which cards they apply for and when.

All 3 of these cards fall under Chase's 5/24 rules, so many people who apply for a lot of credit cards are not eligible for their sign - up bonuses anyway.

So this may not be a good choice if you apply for lots of credit cards.

It's not difficult to meet the minimum spending requirements, and sometimes applying for lots of credit cards can actually improve your score.

All 3 of these cards fall under Chase's 5/24 rules, so many people who apply for a lot of credit cards are not eligible for their sign - up bonuses anyway.

Recently, Chase has not been approving people who like to apply for lots of credit cards (which will be you eventually, if you follow the advice on this website), so it's a good idea to get that card before you have such a track record.

I apply for lots of credit cards but not so many that I've run out of options and had to go back to repeat the same offer.

I am the only person I know, other than online friends, who applies for lots of credit cards.

A lot of people are weary about applying for a lot of credit cards.

If you're looking to take 1 - 2 vacations a year, you don't have to apply for a lot of credit cards to be successful at travel hacking some or all of your travels.

(If your friends apply for a lot of credit cards they might not be approved.

Another reason why now might be a good time to get this card is that all Chase credit cards will soon be subject to the 5/24 rule so if you apply for a lot of credit cards you might not be able to get this card in the near future.

Many people think that applying for a lot of credit cards will ruin your credit score, but that is not usually the case.

Some people are not comfortable signing up for a lot of credit cards, so I am dividing this post into two (2) parts: travel hacking without credit cards and travel hacking with credit cards.