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Is There a Rule of Thumb Regarding the Number of Credit Cards to Have?

Is There a Rule of Thumb Regarding the Number of Credit Cards to Have?

In general, you are advised to keep open a minimum of three active trade lines. Ideally, you want to have a mix of different types of accounts.  The number of credit cards you have is less important that how you handle the cards you have.  Pay your bills on time and aim to keep all cards balances below 30% of the maximum credit line you've been granted.

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