Is it appropriate for a young millenial to carry 5 credit cards or limit to one?

4 Answers

Relevance
  • Kyle
    Lv 7
    11 months ago
    Favourite answer

    as long as you are making your payments on time and spending responsibly, it may not matter. unless a credit card you have has a certain perk you like using, like free checked bags for airlines, there may not be a need to have so many credit cards.

    just keep one you like using that has low APR and good credit score with. as you continue to make payments and build up your score, apply for higher credit limit to make bigger purchases in the future, like a car and a home.

  • 11 months ago

    I don't expect a millennial to have 5 credit cards.

  • 11 months ago

    five is four too many ... a theft would be catastrophic

  • Pearl
    Lv 7
    11 months ago

    i think he can carry as many as he wants

Still have questions? Get answers by asking now.