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How many credit cards do you have?

Hi folks
Can i ask how many credit cards you have & how many could be too many?
I have 4 in total, 2 of them i use for day to day stuff as they have rewards & pay off in full every month. The other 2 are low rate, life of balance transfer rates which i don't touch for spending.
«1345

Comments

  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    7 at the moment... I should really cancel some.
  • ElkyElky
    ElkyElky Posts: 2,459 Forumite
    I have 5. My new years resolution was to achieve double figures so I'm aiming for 10.
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • cifpower
    cifpower Posts: 6,502 Forumite
    Ich habe 2
  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ElkyElky wrote: »
    I have 5. My new years resolution was to achieve double figures so I'm aiming for 10.

    Is there any reason, if you don't mind me asking?
  • ElkyElky
    ElkyElky Posts: 2,459 Forumite
    Any wrote: »
    Is there any reason, if you don't mind me asking?

    No reason at all. I just have some spare credit card compartments in my wallet to fill. :rotfl:
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • No problem
    Was just wondering what the average was & if i was above the average
    I intend to close one of my life of balance rates when i've paid it off, to lower my available credit to help with a possible mortage application later this year.
  • NickX
    NickX Posts: 3,046 Forumite
    I believe the national average is 5 cards.

    Personally I have held between 9 and 15 at any one time over the past 8 years.
  • PROLIANT
    PROLIANT Posts: 6,396 Forumite
    1,000 Posts Combo Breaker
    4, 2 sub prime due to be closed down next week.
    Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.
  • Danny_G
    Danny_G Posts: 719 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    ElkyElky wrote: »
    No reason at all. I just have some spare credit card compartments in my wallet to fill. :rotfl:

    lol,. thats funny
    No Unapproved or Personal links in signatures please - FT3
  • Jboy
    Jboy Posts: 26 Forumite
    Seven. All with high APRs and six of them close to their limits. None of them regularly used for spending.
    CC1: [STRIKE]£4990.46[/STRIKE] £3048.57 / CC2: [STRIKE]£5616.99[/STRIKE] £5583.10 / CC3: [STRIKE]£4815.75[/STRIKE] £4738.86 / CC4: [STRIKE]£3844.66[/STRIKE] £3723.32 / CC5: [STRIKE]£2669.82[/STRIKE] £2655.09 / CC6: [STRIKE]£1897.17[/STRIKE] £1861.01 / CC7: £1227.52

    Debt Free Olympic Contender #47 (£24,984.81) paid £1,675.19 (6.70%)
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