Reported 4 months ago
Using several credit cards can provide significant value to responsible users through sign-up bonuses, rewards, and perks that save money. The number of credit cards one should have depends on financial situation, money management skills, and personal preferences, with factors like credit score, ability to handle multiple accounts, and specific needs influencing the decision. Having multiple cards can help diversify rewards rates, access more perks, and improve credit utilization, but individuals must carefully consider their circumstances and habits before applying for new cards.
Source: YAHOO