8+ Easy Should I Apply For Another Credit Card
8+ Easy Should I Apply For Another Credit Card. You cut your credit utilization ratio in half, which can be a big benefit to your credit score. Canceling the card won’t undo that.

Once you've had a chance to positively impact your credit, then you might consider applying for a new card. These models study your financial history and assign you a score between 300. On top of that, there's a limit of two new cards in 65 days.