Is it bad to have too many credit cards? I already... - Other Questions


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most 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. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Other » Is it bad to have too many credit cards? I already have several cards, including store cards and regular...

Is it bad to have too many credit cards? I already have several cards, including store cards and regular bank-issued cards, but there’s a travel rewards card I would really like to apply for.

Answered on

The average household has between three and four credit cards; having too many cards is not necessarily a bad thing. The thing to be careful of is opening too many credit cards within too fast a timeframe. Another thing to consider is your credit score. If your score is good, you probably don’t need to worry as much about being turned down for a card. But you should still be thoughtful when applying for a new card, such as a Sphere credit card. Make sure it’s a card you will get a lot of use out of, and not just a store credit card that you’ll only use once. Also, don’t close any of your old credit card accounts. Leave them open so you’ll have a longer credit history – it’s one of the best things you can to do for your credit score.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. 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
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants,, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
Our application is quick and easy with instant pre-qualification available
For Fair / Good Credit

Other Questions in