Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
Rioteer

0 Contributions
0 People Helped
American Express
Hello. My score is 631, and I am wondering, since I already have a JCPEnny card and a Visa Secured Bank Card, that it would be a good idea to apply for an American Express from Costco, because I really would like to have one but at the same time I do not want to impact my credit at all. Thanks.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
713 Contributions
2573 People Helped
Most Helpful Response

Helpful to 2 out of 2 people

It's a very good card, but your score is near the bottom range for acceptance. In your shoes, I'd do a little more credit building before applying -- though of course they look at a lot of factors besides our scores.

You will impact your credit score if you apply. Just the hard inquiry alone will take off a few points. Of course, if you're approved, it will help your credit in the long run. If you're not approved, you'll have dinged your score for nothing.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.