Credit Advice

A few ways a new credit card will affect your credit score:

1) Hard inquiry, minus points. Applying for a credit card will ding your score a few points because the credit card issuer will do a hard inquiry on your credit report to check your credit history and score.

2) More credit, plus points. A big part of your score is your credit card utilization rate, which is how much credit you use versus the total credit you have across all credit cards. So if you add a card, that gives you more available credit which will lower your credit card utilization rate.

3) Using credit, possibly minus points. The biggest way another credit card will hurt your score is if you mismanage it, i.e accrue debt on it, max out your credit limit, miss payments, etc. so it will definitely will hurt your credit score if you don't properly use your card.

hope this helps!

thank you