New Delhi, April 25 -- The relevance of timing cannot be underestimated in personal finance, especially when applying for credit cards. Even though there are many shiny new perks or offers that might be motivating you to apply immediately to several credit cards in a row, applying too fast will be harmful to your credit rating and ability to manage your finances. Depending on the different credit card application timelines will also help you maintain a good credit profile.

Every time you apply for a credit card, the issuer will create a hard inquiry to your credit report. While your credit score will drop slightly by points temporarily due to the additional inquiry - multiple hard inquiries in a short period will show lenders you may be ...