How many credit cards should a person carry?
Generally, the fewer cards the better. Remember the more open credit accounts you have (whether or not you carry balances) the worse your credit score may be. But it can be beneficial to carry one or two major credit cards. (Avoid carrying store credit cards, such as department stores, home improvement centers, etc.) Here’s a great example: It’s better to have two cards with $5,000 credit limits than 10 cards with $1,000 credit limits.
