I am looking into getting a great cash-back credit card. I've narrowed down my search to the Amazon Prime Rewards Visa and Citi Double Cash. I am having trouble deciding between them and wondered, what's the harm in applying for both right now?
I currently have two credit cards opened almost 2 years ago and 5 months ago, so the average account age is just a little over 1 year. Those two credit cards are the only accounts contributing to my credit score (no loans or anything). It seems like my credit would take a temporary hit if I open two new cards now, but it would eventually recover as the accounts age, and the higher number of accounts would help my score too. I don't anticipate applying for any car loans or mortgages in the next five years.
tl;dr Is it a bad idea to open 4 credit cards in a 2-year period?
Submitted February 14, 2018 at 08:23AM by L_gecko http://ift.tt/2BsJUJz
