Credit pull timing

Discussion in 'Other Credit Card Programs' started by prometheusg, Mar 5, 2011.  |  Print Topic

  1. prometheusg
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    prometheusg Silver Member

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    Does anyone know how quickly credit pulls show up? If I apply for two cards in one day, will the second application see the credit pull for the first? This is assuming they use the same credit bureau to pull from.
     
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  2. Globalflyer
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    Globalflyer Silver Member

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    Most likely the second application will not see the first credit pull. If you want to apply for multiple cards it's best to apply for all them on the same day with as little gap as possible. I've been able to get multiple cards when I applied to all of them within 1 - 2 hours.
     
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  3. jbcarioca
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    jbcarioca Gold Member

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    Each bureau is slightly different but each updates activity through a process that resembles a daily batch process, whether it technically is one or not. Making multiple applications in a very short time or simultaneously may work once. However it is also a trigger event for several large issuers that could result in an initial indication of approval followed by rejection. Whatever you are told aggressive credit-seeking behavior is a negative factor, whether it is caught the instant it happens or not. Unsolicited 'shopping' causes flat rejection for at least two major US issuers.
     
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  4. prometheusg
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    prometheusg Silver Member

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    Thanks for the info!
     
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  5. Sean Colahan
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    Sean Colahan Gold Member

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    If credit card churning, is it better to do it on a weekend, or during the business week, or doesn't it even matter. Thanks for your help.
     
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  6. aitchly
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    aitchly Silver Member

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    An app-o-rama (multiple credit cards in one day) is best started earlier in a business day, just in case the pulls are not instant and take a day to filter through a system.

    A churn (reapplying for a credit card to receive the same sign up bonus again and again) can happen whenever.
     

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