If I have a Merit Bank credit card, do I need to... - Other Questions

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Other » If I have a Merit Bank credit card, do I need to carry any other type of credit card, or can I use this for...

If I have a Merit Bank credit card, do I need to carry any other type of credit card, or can I use this for all my credit card needs?

Answered on
Add to Favorites:

Tags: , ,

The average household has more than two credit cards, and many people actually carry five or more credit card accounts. So as you can see, there’s really no reason to limit yourself to just one type of card. The card you have may be fine for everyday purchases, but is it offering you good rewards, like concierge service, car rental insurance, frequent flyer miles, hotel points, or cash back? If it isn’t, consider applying for a rewards card that offers some – or all – of these features. Remember a couple of things, though. Before you start applying for more credit, take a look at your credit report. If it’s looking good, then don’t worry. Go ahead and apply. But it your score is suffering, in need of some rehab, then take some time to get it healthy again before applying for another card. And second, don’t cancel your existing card or close your account. You want to have as long a credit history as possible, so take care to keep all your old accounts open, active, and in good standing.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
You could turn $150 into $300 with Cashback Match™. Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
For Excellent, Good Credit
No Annual Fee. See WebBank/Fingerhut Credit Account Terms.
For Bad Credit

Other Questions in
Other