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My credit card offer 20,000 travel miles for opening new card (new customer only)
Credit card CSR told me that I can use it, earn my mileage, and cancel it after 3 months.
And apply for a new one and earn a fresh 20,000 miles

I think it is a good idea b/c this company has many credit card products and I can earn the mileage faster.
Do you have any idea how much FICA scores will I loose? My FICA score is 815 with no debts.

2 Responses to “How many FICA scores do you loose when applying for a new credit card?”

1. tom m says:

   May 31, 2009 at 9:28 pm

   There is a score simulator a myfico.com that shows how different things effect your FICO score. You may want to check. I think it’s still free.
2. Wise Credit says:

   June 1, 2009 at 4:54 pm

   Hello,

   It varies but after looking at CR after CR for a Few years now. I have noticed usually 2 points

   Good luck