How Many Credit Cards Should I Have?

The average American has 2.5 credit cards. Some have two; for others, it’s three. Of course, outliers may have more or less. The number is all over the place, which raises the question–how many credit cards should I have?

How Many Credit Cards Should I Have?

Credit Card Pros

Credit cards come with some advantages that benefit owners. When used responsibly, credit cards make life easier and maximize your dollars. Here is a list of some credit card pros:

To build credit.

There’s no arguing that money is essential. Credit extends your purchasing power for a home mortgage, to invest in a business, and to finance an auto loan. In addition, you can use credit cards to build credit responsibly.

To earn rewards.

Nobody wants to spend more than they have to. So credit card companies may offer cashback or points on your everyday purchases to save you money with little effort.


Credit cards are easy to use and more convenient than cash. They take up less space in your wallet and allow you to keep more money in a high-interest savings account longer.

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