Find out if applying for the Amazon Credit Card will result in a soft credit pull?
A lot of people are interested in the Amazon.com Credit Card because it offers some great benefits. But before you apply for the card, you might be wondering if it will do a soft pull on your credit. Unfortunately, the answer is no—the Amazon.com Credit Card will perform a hard pull when you apply for it which can damage your credit score temporarily.
What is a Hard Pull?
A hard pull is when a lender requests your credit report from a credit bureau in order to make a lending decision. This type of inquiry usually happens when you apply for credit, such as a credit card or loan.
Hard pulls can stay on your credit report for up to two years and can ding your score by a few points. So if you’re planning on applying for other types of credit soon, you might want to wait until after you get the Amazon.com Credit Card to avoid too many hard inquiries in a short period.
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What is a Soft Pull?
A soft pull is when a lender checks your credit report but doesn’t request your full report from the credit bureau. This type of inquiry usually happens when you check your own credit score or when a lender pre-qualifies you for an offer.
Soft pulls don’t have any impact on your credit score—so if you’re concerned about harming your score, rest assured that a soft pull won’t do any damage.
The bottom line is that the Amazon.com Credit Card will perform a hard pull when you apply for it—so if you’re worried about damaging your credit score, you might want to wait until after you’ve applied for other types of credit before submitting your application.
However, if you’re confident in your score and don’t mind taking a small hit, then go ahead and apply! You could be well on your way to earning some great rewards from the Amazon.com Credit Card.