I have come just recently to the miles and points game. At first I heard about cash back bonuses of credit cards so I jumped on various cash back cards (Capital One and Penfed). But then I heard about high bonuses and the nuances of miles and points. So I applied for a few more (from CITI, Chase and Amex). I originally started with 2 cards but in a matter of 2 weeks I applied and obtained approval for 10 more cards. In the beginning of my spree (when I had only applied for 2 cards), I checked my credit ratings. My FICO score was 802 and my Credit Karma Transunion score was 769. After one week and 8 more applications, my Karma rating dropped 46 points to 723. Wow, was I shocked! This was not only due to the many inquiries. According to Karma, I get an F on Age of Credit history as my oldest account is only 5 years and the average account ages is a measly 1 year and 3 months. Today I checked my true scores on Amex CreditSecure. At present, my credit scores are Experian 748 (RA revolving account-12; 5 inquiries in the last month) Equifax 767 (RA-10; 3 inquiries in the last month) Transunion 734. (RA-12; 7 inquiries in the last month) In the past week, I have read up on the various strategies and learned about my newbie mistakes. I thought about not filling in more apps for a few months. However, I realize that in the next 2-3 months I will be making many purchases (mostly airfare for a team to travel). In other words, I will be able to make minimums for bonuses now that I won't be able to in the future because I really don't have many expenditures nor can I take advantage of the various strategies to make minimums as I live overseas (expat). No Vanilla recharges for me. Right now I have only one Chase card (Sapphire Preferred). I really would like to get the Chase Bold Ink and the Chase Priority Choice cards. So my questions is for you are the following: Would an app or 2 with Chase just drop my score a couple of points or at this point would each app drop my score exponentially? How long does one need to wait before scores start climbing back to normal? Should I risk applying for Chase Bold? Is it possible to use proof of a decent amount of easily liquidible assets (bank and brokerage accounts) as a factor for approval?