Increases credit score, plus I wanted the sign up bonuses. That's only on 5 card...

		lettergram on Sept 12, 2016 \| parent \| context \| favorite \| on: The careless errors of credit reporting agencies Increases credit score, plus I wanted the sign up bonuses. That's only on 5 cards too, btw... It increases your score because you have a lower credit utilization and you have more available to you (supposedly signaling how responsible you are).