App-O-Rama (8 Credit Cards Turnover)
I have yet to write a post like this one, even though I get this request fairly often. You have probably read from many different American bloggers who apply for 3-4 credit cards every 91 days (i.e. every quarter). Basically, the reason for this is because after 91 days, that’s 3 monthly cycles, your credit score would have recovered to the point where you can apply for more credit cards. Every 3 months, you want to leverage your high credit score to qualify for several cards. The reason we would apply to 3-4 at once, is because it used to take more time for the credit bureau to update our credit scores. So if you apply for 3-4 on the same day, all institutions would see the same high credit score to help you qualify for your credit card.
*Read more about credit scores in our designation section of the blog: Credit Scores Section.