Multiple cards to help credit report?

wideboy09

Hi,

Am I correct in thinking so long as they're correctly managed a handful of credit cards will improve your credit report faster/better than just 1?

I got accepted for an aqua card 1 month ago and the plan was to just spend a little each month and pay off in full via direct debit. Is it too soon to apply for another?

Also I was thinking to just go for the easiest cards to get as there's less chance of rejection and the Apr doesn't matter if you pay off in full.

[Deleted User]

I wouldn't worry about more than a couple. One will do the job just as well though, for credit building purposes.

jonesMUFCforever

Paying all of your obligations on time will improve your credit files - this will include amongst others mortgage,rent, utilities,mobile phones,any loans,catalogues and store cards and yes credit cards.

On their own I don't think they will make that much of a difference.
There is no magic wand to ''speed'' up the process.

wideboy09

I always pay all other bills on time. I just thought if I was managing say 3 credits cards perfectly it would look better than if I was managing 1 perfectly