Is It Bad To Have Too Many Credit Cards Reddit

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Is It Bad To Have Too Many Credit Cards Reddit There is no objective number of credit cards that is quot too many quot The world record holder for most credit cards has over 1 000 active accounts and a near perfect credit score Many people who

Sep 18 2024 nbsp 0183 32 Is It Bad to Have Multiple Credit Cards While it is not inherently bad to carry multiple cards cardholders need to know what their own limitations are and what they can handle Jun 13 2024 nbsp 0183 32 If you think you may have too many cards or have some you no longer use you may be tempted to start closing accounts but consider the impact on your credit score

Is It Bad To Have Too Many Credit Cards Reddit

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Aug 6 2014 nbsp 0183 32 The best mix is to have at least two reward cards for no other reason than rewards but you actually should have more as far as credit score goes 30 of your credit score is

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Is It Bad To Have Too Many Credit Cards Reddit

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What Are Downsides Of Having Too Many Credit Cards R Reddit

https://www.reddit.com › CreditCards › comments
Too many can mean if you don t use a card regularly you could forget to monitor the card and may forget a payment not realize when fraud occurs etc For me I try to limit the amount of

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I Have 10 Credit Cards Is It Too Many R personalfinance Reddit

https://www.reddit.com › ... › comments › xwolpi
I am currently with 10 credit cards I don t use half of them but too afraid to cancel and ruining credit score Should I just keep them All have auto pay and no annual fee

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Is It Bad To Have Too Many Credit Cards CRedit

https://www.redditmedia.com › CRedit › comments
I m aware that opening new credit card accounts isn t good when they re fresh and new but that once they age a bit like 6 months or so

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How Many Is Too Many Credit Cards CreditCards

https://www.redditmedia.com › CreditCards › comments › ...
Jul 28 2024 nbsp 0183 32 Managing multiple credit cards can be tricky but having several isn t bad if managed well Keeping balances low relative to limits helps You have some cards at 0

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Is Having To Many Credits Card A Bad Thing CreditCards

https://www.redditmedia.com › CreditCards › comments › ...
Dec 23 2024 nbsp 0183 32 At your rate of every 3 6 months is actually an acceptable velocity Churners do like 4 6 a year or more Someone mentioned already close the ones you don t want after a


Dec 11 2024 nbsp 0183 32 There is no such thing as too many credit cards if you always pay the statement balance Get a new card every time you need to buy car insurance It s very easy and it is Jul 18 2023 nbsp 0183 32 So in principle 2 cards with 163 25k limit each is better than 5 cards with 163 10k each If you are better off with 5 cards and 163 50 limit or 4 cards and a 163 42k limit is potentially going to

Jan 3 2025 nbsp 0183 32 I rationalized that I should keep a reasonable total CL have a back up set of cards keep old cards because of age keep a card with issuer quot x quot because it might be needed for a