The generally recommended number of credit cards to have is two to three active credit card accounts. This range balances having enough credit to build a good credit history and credit mix without becoming difficult to manage

Key points to consider:

• Credit score impact: Having two to three cards, along with other types of credit (like loans), can help improve your credit mix, which is favorable for your credit score

• Manageability: More than three cards can become hard to track, increasing the risk of missed payments, which can hurt your credit score

• Flexibility and rewards: Multiple cards allow you to maximize rewards by using cards tailored for specific spending categories (e.g., groceries, travel)

• Financial discipline: The number of cards is less important than your ability to pay off balances in full and on time. If you struggle with managing payments, fewer cards are better

Additional insights:

• Some experts suggest starting with at least one card to build credit, then adding more as your financial situation allows

• Credit bureaus consider having five or more accounts (cards and loans combined) reasonable over time, but this depends on your ability to manage them

• Having a backup card from a different issuer can be useful in case one card is compromised

Summary:

• For most people, 2 to 3 credit cards is ideal.
• Ensure you can handle payments responsibly before applying for more.
• Use cards strategically to maximize benefits without overextending yourself.

This approach helps build a strong credit profile while minimizing risks related to credit management