Hi im Bob wrote:I got the 250 cash back offer from American express for the BCE. I have had this card in my sights for a while now and would like to go head and apply.
I plan on applying for a mortgage in July or August of this year, so I am thinking maybe I should just wait.
I only have 1 hard pull on EQ at the moment and a EQ score of around 770. What do you guys think?
If you have a mortgage lender already in mind, or are working with one already, check with that person. See what their position is. Some mortgage brokers are perfectly fine with this type scenario, others will want you to close all credit cards (extreme, I know). Personally I think you should be just fine, it's one card and your 770 score will likely only take a small hit, maybe down 10 points, still good enough for the best mortgage terms. If you really want to be safe, apply for it after you get the mortgage.