Applying for an Apple Card can have an impact on your credit score, but the effect will likely be minimal and temporary.
This is because the process of applying for any credit card involves a “hard inquiry” on your credit report, which means that the lender will check your credit history to assess your creditworthiness.
Hard inquiries can lower your credit score by a few points, but the impact is usually temporary and should dissipate within a few months.
However, there are some steps you can take to minimize the impact of a hard inquiry on your credit score.
One way is to only apply for credit when you really need it and to be selective about the types of credit you apply for.
For example, if you’ve recently applied for other credit cards or loans, it might be wise to hold off on applying for an Apple Card until your credit score has had a chance to recover.
Another way to minimize the impact of a hard inquiry is to apply for credit strategically.
In other words, try to time your credit applications so that they occur when you are in a good financial position and when you are likely to be approved.