Credit Cards Best Deal Canada
If I applied for 3 difference credit card products in Canada how does it effect credit rating?
I applied for 3 difference credit products through MasterCard etc. and was wondering the impact it would have on my credit score? I live in Canada and was shopping for the best intro deals to do a balance transfer.
Was the three credit products part of one application ? If it was then it will be one enquiry costing around 4 points. In Canada, the enquiry remains on credit file for three years. Don’t apply for any new credit and pay all your bills on time. You will get those points back in about 3 months.
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