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A little, mostly from more inquiries though also potentially some from a decrease in average age of account. Positive impact from increased credit limit though and the inquiries work their way off. Not really an issue unless you plan to apply for a mortgage in the immediate future
Rising Star
Barely. Basically your score will fall slightly when you apply for a card, but it will increase as you pay it off responsibly. The older your profile, the less impact it'll have. Like D1 said, it doesn't really matter unless you're looking for a loan (car, mortgage).