How many credit card do you have?

NickX

more than five (>5)

I've had 12 at one point - down to 8 now.

SiuLoong

more than five (>5)

Nationwide for use abroad
Goldfish for £41 Quidco cash.. to be cancelled once its paid
HSBC 0% purchases - maxed with equivalent amount stashed away
Halifax One 0% purchases - going the same way as HSBC(!)
Egg Money - 1% cashback and other uses...
Barclaycard Gold - to be cancelled when I get round to it.. unless they have anything tempting on offer

So.. 6 at the moment.. but applied for 4 of them in the last 2 months so a little while before it changes! V sceptical about CCs before I got my first as a student.. but discovered their benefits, and being restrained enough not to spend more than I have and ridiculously organised its all going ok..

adaze

four (4)

NickX wrote: »

I've had 12 at one point - down to 8 now.

:eek:

Not as many as some I'm guessing but still a lot!

kintgun

four (4)

i have 4 cards now and thinking of getting a 5th for stoozing. so how many card d u think will not damage my credit rating? 18 k in total on all the cards added 2gether. d u think this is ok as i will soon apply for mortgage

ShelfStacker_3

one (1)

I have one, an HSBC MasterCard. Used to have three.

rodman

None/.........

kintgun

four (4)

kintgun wrote: »

i have 4 cards now and thinking of getting a 5th for stoozing. so how many card d u think will not damage my credit rating? 18 k in total on all the cards added 2gether. d u think this is ok as i will soon apply for mortgage

What d u guys think? should i closed some of my credit cards before applying for mortages so that my credit score will not be affected.

Jada

more than five (>5)

It's quite scary really. I'm only in my early 20's yet combining the limits of my credit cards, overdrafts and two store cards I could very easily get access to £48,000.

I did this same exercise when I was 21 and I think the figure was nearer £60,000 (I've closed a few accounts myself recently in order to be seen as a new customer and get new promotional deals, hence the drop in credit).

Thank God I am financially savvy (as you can see from my signiture, I'm a bit of a stoozer). The magnitude of my facility - at my age especially - is astounding.

martin84

none, and thank god I dont

Boonie

three (3)

Three:

Egg for me - 1% cashback on purchases
Morgan Stanley for household - 1% back on purchases
Asda for the 2p per litre of fuel

All paid off in full every month.


All very different from 15 years ago!