Is it bad if I apply for a credit card and get denied?
Is it bad if I apply for a credit card and get denied? Getting denied for a credit card does not affect your credit, so you don't have to worry about that. However, you might see a slight drop in your credit score due to the hard credit inquiry associated with your credit card application.
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.