 TITLE: What Is a Rewards Credit Card? CONTENT: Applying For a Rewards Credit Card\n----------------------------------\nBe careful applying for cards in succession. When you apply for a new credit card, the card issuer typically requests your credit report—a process known as making a hard inquiry. A hard inquiry usually causes your credit scores to drop slightly. When a lender accepts your application and you open a new credit account, your scores typically dip a bit more.\nAs you long as you keep up with your payments, the scores typically rebound within a few months, and they may even increase somewhat, in recognition that you're successfully managing additional credit.\nMake sure you give your credit scores time to bounce back between card applications because if you apply during one of those temporary score-reduction periods, you'll be offered less attractive borrowing terms than you'll get when your scores are at their maximum.\nIf you invest a little time and research before you sign on, and choose a rewards card that suits your budget and spending habits, you can find a rewards credit card that helps you do more of what you like to do for less money. That's a real bonus. END