The Strategy — the more credit accounts you have, the higher your available credit and the lower your credit utilization ratio. So when someone offers you the opportunity to apply for a store or credit card, always answer — “Yes, please!”

You can apply for the Pier One card online or in any of their stores. If you apply in one of their shops you may receive instant approval and be able to use your card immediately. An online application may take 2 weeks to process. If your credit score is in the 600-700 range you shouldn’t have a problem getting approved, but keep in mind that other factors are considered in the approval process.