Quick Answer: Can I Apply For Two Credit Cards Same Day?

There’s nothing saying you can’t apply for multiple credit cards at the same time.

Each application is generally considered separately, and it’s not uncommon for some people to be approved for two or three new credit card accounts on the same day.

How long should I wait before applying for another credit card?

A general rule on how long you should wait between credit card applications is three to six months. That’s assuming you’re going to benefit from getting another card and that you know how to use credit responsibly.

Can I apply for two credit cards a month?

If your credit is in poor shape and you want to use credit cards to rebuild, every effort counts. In this case, it may be best to wait several months between card applications. Also, adding new credit card accounts may not help much if you’re behind on payments on another credit account.

What happens if you apply for a credit card twice?

Paying on time with a new card quickly erases the damage. But when you apply for multiple cards at once, lenders view this as risky behavior. So apply for new credit cards strategically. If you have mediocre credit and have your heart set on a high-end card, it’s not going to happen.

Can I lie about income on credit card application?

If you knowingly lie on a credit card application, you are committing a crime known as loan application fraud. Here’s the deal: Loan application fraud is a serious crime that carries hefty penalties. If you are convicted of the crime, you can face up to $1 million in fines and thirty (30) years of jail time.

How many credit cards should you have for good credit?

There isn’t a magic number of credit cards you should have, although having at least one card may be a good idea if you want to build credit. Generally, how you use the cards is more important than how many credit card accounts you have open.