FlyerTalk Forums - View Single Post - How many cards is too many? [Consolidated]
Old Mar 4, 2012, 5:52 pm
  #15  
Dr_wanderlust
 
Join Date: Oct 2006
Location: USA
Programs: DL PM, Hyatt Globalist
Posts: 2,367
Originally Posted by reft


Also, on the charge cards, the more you have, the lower your total revolving utilization is.

Any new creditor could be nervous if you have too much credit relative to your income, and may decline you for that reason, and not your score.
Good points other than the two above which are more YMMV.

Charge cards do not affect utilization the same way credit cards do. I've never had charge card balances effect my FICO scores deleteriously. They are not reported as revolving credit.

We have over 800K in available credit on credit cards and no creditor -- credit card, auto lender or mortgage -- has ever raised an issue.
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