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Old 08-14-2006, 11:11 AM
vsjhoc vsjhoc is offline
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Default Re: Credit card sign-up bonuses (sorted by amount)

Quote:
Originally Posted by b4freedom
Ever consider applying for all of them? Use them to fill up your tank, leave it open for 6 months, close them, repeat?
Markber, thanks very much for providing this info.

b4freedom: Baaaaaaaad idea. Apply for too many cards in a year and you'll do serious carnage to your credit score because you've got (a) too many inquiries and (b) too much new credit. Also if you close the accounts, you will be sabotaging the average length of your credit accounts, which is another factor in the FICO score.
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