If I apply for multiple credit cards for the rewards, will it hurt my credit score?

Tips and Deals Forums Consumer Credit Improve Credit If I apply for multiple credit cards for the rewards, will it hurt my credit score?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 6 years, 4 months ago.

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    Anonymous

    I have applied for several different credit cards recently that offer various rewards. I use them to make one initial purchase, collect my reward (typically a gift certificate of some form) and then cancel the card and close the account.

    I may do this a few times a month. How will this affect my credit score if at all? I currently have a credit score around 720.

    Thanks!

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