Fico Score effect from 3 apps (all approved)

[Anonymous514]

At the end of April I applied for the Amex Everday (3500$ No AF) the Chase Freedom (1200$) and the Citi Simplicity (2000$) would I already have seen a point drop from these apps? Or if I haven't seen any score drops by now am I good? I am talking about my 3 credit bureau score monitoring on MyFico.

[Anonymous]

i'd give it time. If you didn't get a point drop associated with the inquiry alert, then yes, you're fine. MyFICO's monitoring service, however, is not in realtime and these things typically take days to show up.

Keep in mind, you may get a point drop when the new accounts report to the bureaus, as they will lower your AAoA (it will also lower your utilization, so the point drop may be negligible).

[Anonymous]

Yes, it takes some time before you'll see your scores drop.  They will and will bounce back nicely. 

[Anonymous]

In my experience, if you have not seen a drop in points due to apps within a week or 2, you are good.

[Anonymous]

I saw the full effect 1.5 months later: inquiries + new accounts reporting + lower AAOA + increase in util to meet the bonus spend.