How Many Credit Cards to Have

Feb 11, 2008 09:17

It’s up to an individual how many credit cards to have. As a rule, the more credit cards a person owns, the more financial resources he or she has. At the same time it is harder to keep track of bills and, most probably, there are more chances to fall into debt. Certainly, if a person is a wise holder of credit cards, he or she can benefit from using several cards:
1. Financial safety. In case of loss or theft, a person won’t be left without funds if there are several cards in the purse.
2. Rewards. There are many credit cards for those with good credit history that come with rewards. So, it is better to have several cards with different rewards and get various benefits.
3. Credit cards profusion can be good for a credit rating if they are used wisely.
Holding several credit cards in the purse, don’t forget about disadvantages that generally come along with advantages. ( //credit card offers// )

good credit history, credit card offers

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