Been doing it for over 10 years. Probably gotten $10K in bonuses/points over the years. Credit score is over 800. I generally only do bonuses that offer $500+ in points these days.
A hard pull on your credit will drop your score a bit maybe 10 points, is my understanding. That and closing cards may drop your score a little. But as long as you don't go too insane its easy to maintain a good score. Just don't use the bonuses as a tool to get yourself into debt.
Dual270x t1_j2ckkg7 wrote
Reply to Opening new credit cards just to get intro bonuses? by tidddyfricker
Been doing it for over 10 years. Probably gotten $10K in bonuses/points over the years. Credit score is over 800. I generally only do bonuses that offer $500+ in points these days.
A hard pull on your credit will drop your score a bit maybe 10 points, is my understanding. That and closing cards may drop your score a little. But as long as you don't go too insane its easy to maintain a good score. Just don't use the bonuses as a tool to get yourself into debt.