Established Contributor
Posts: 586
Registered: ‎01-31-2008
Is there a such thing as too many cards?
Just a general question as I consider long term planning for things like mortgage and what not...

Is there a such thing as too many credit cards, assuming you have or can achieve a healthy util? Right now I have 5 cc and 2 store cards, all in healthy standing. Util is good but can be better, and I have time to do that. My most recent card is 6 months old, and I'm at least a year from any potential mortgage. Most recent EQ score was 650 in October, if that matters.

Chase Freedom: $1500, Citi Diamond Preferred: $3000, Barclays: $3900, Chase Disney Visa: $1500, Chase Southwest Signature: $5000, Citi TY Preferred: $3000, Cap One Platinum: $1750, Cap One Platinum Rewards: $2500, Orchard Bank: $900, Kay Store Card: $6600, PayPal $2200