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First time asking a questions here, apologies for any mistakes in advance.

I applied for my first ever credit card online and I was approved for it within seconds. But when I checked my credit score I saw that my score had gone down by 16 points.

Is this usual after being approved for credit card. Will the score go up?

These might be very basic questions but it's my first time and don't want to mess up my score.

NL - SE listen to your users
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Skywalker
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1 Answers1

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When you apply for a credit card, the credit card company issues a hard pull on your credit which will lower your credit score by a few points. You will usually make this up in a few months if you pay your credit card on time.

Michael
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