How Many Credit Cards Is Too Many?

A relatively simple question that is often asked about credit cards – how many credit cards can you have before the number begins affecting your ability to get new credit cards or other financial products?

The answer is not quite as clear cut as you might think and in the UK, it is less clear than in the United States where these things are a little easier to find information about.

To answer the question fully, I discuss the number of credit cards you should have from a philosophical, practical and technical perspective.

I’l take you through the inner workings of how credit cards affect your credit, what you should consider if you think you might be getting too many credit cards and how much of an impact they really do have on your credit profile.

Video I referenced about the advantages of using credit cards over debit cards: https://youtu.be/iHYqBBcSbk8