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GirlWithQuestion

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What should my credit score be when I apply for a credit card?
I am 21 years old. I have a $300 limit on a store credit card. My score is going up each month. I was wondering how long I should wait before I get a credit card.

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I'm 52 and tell people to wait 4 to 5 months inbetween credit Card applications.

remember to always pay off your Credit Cards each month.

Good Luck

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The Easy Response: Depends on your current score. The higher the better - more importantly, less initial impact on your score.  

Given that you have 1 merchant card with a 300.00 limit, and assuming you have a positive report (no late payments, derogatory comments, etc.), it makes sense to apply for a non-merchant credit: This will have an initial negative impact, but your score will improve more quickly over time (higher total credit limit, additional account, etc). 

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