managing and protecting credit card
How Many Cards Does It Pay to Have?
How many credit cards does it make sense to own?
Six or more credit cards
One to two credit cards
No credit cards
"B" is the best answer. Having several credit cards can lead to overspending. It also may hurt your credit score if they're charged to the max. Most financial experts agree that it's wise to have one to two low-APR credit cards on which you pay the full balance each month. It's hard to live without credit cards, because they help you build a credit history and may be required for certain transactions.