Originally Posted by
MoreMilesPlease
Applying for credit will affect your credit score.
I thought so too, since that's what everyone writes. But consider this - for the past 18 months or so, my wife and I have been applying for, getting, and cancelling as many cards as possible. I have lost exact count, but it is probably at least 7 or 8. About a week ago I checked our credit score and it is higher than it was when we started all of this churning. Go figure.