Amex approval - Score goes up 1pt with Inq?

[Anonymous]

I mentioned some of this in other posts - my apologies for the repeat info.  I applied for the Amex EDP yesterday and was approved.   I was expecting the EX hit this AM, but was surprised to see my score go from 757 to 758 (fico 08)!   The other day when the Chase approval hit, my TU stayed the same (758) and my TU dropped from 764 to 762.  EQ and TU have 1 inq in 12mos and the Ex has 2.

[Anonymous]

Scores are very Dynamic. Another month credit history reported from somebody and probably paid something down since December? With an approval you added more credit as well.

[Anonymous]

Ok, just got a TU alert that my Chase balance went up and now that score is back up to 764.   No alert about the new Chase card but could that be in my TU report so my util is lowered and so my score is up?   

[Anonymous]

Looks like you are right!  Just trying to see how this goes.  Would love to get my scores to 800.

[Anonymous]

congrats! though this probably should go under Understanding Fico Scoring instead of Approvals...

Anyhow, depending on all the factors contributing to your score, yes a new account absolutely can make the score go up - especially if it has a relatively high SL and drastically lowers your overall utilization.

[Random_idiot]

Don't worry, once the account hits your profile, that score will drop lol

[DeeBee78]

You can't live your life worrying about 1-2 point score fluctuations. 

[Anonymous]

I understamd its just a blip, but very funny to be reading all the posts about inq's dropping a score and see mine go up. 

[Anonymous]

This is great news! Congratulations on your new SL.

[Aduke1122]

The last 3 accounts I have gotten my EX score actually went up about 5 to 10 pts each time!!