It’s a question that has been debated for years – how many credit cards is too many? Some people swear by having multiple cards to get the most out of their rewards, while others think that one or two is more than enough. So what’s the right answer for you? Read on to find out.
There’s no magic number when it comes to how many credit cards you should have. It really depends on your individual financial situation and spending habits. That said, there are a few things to keep in mind if you’re thinking about adding another card to your wallet.
Second, think about whether or not you’ll actually use the rewards. If you never travel or don’t eat out often, then a card with great travel or dining rewards probably isn’t worth it. Choose a card that will give you rewards that you’ll actually use.
Finally, be sure to keep track of all your cards and spending. It can be easy to get in over your head if you have too many cards, so make sure you’re always aware of your balance and what you’re spending money on.
If you’re careful and thoughtful about adding credit cards, then there’s no reason why you can’t have a few in your wallet. Just be sure to use them responsibly and always keep an eye on your spending.