How Many Credit Cards Should You Carry?

newsfeedback@fool.com (Nathan Hamilton and Michael Douglass), The Motley Fool
Wed, 04/05/2017 - 11:14am

There are two camps when it comes to credit cardholders: people who keep a wallet packed full of cards to optimize rewards across spending categories, and those who prefer a slimmed-down approach and carry a single, go-to card. Both approaches have their merits and potential downfalls. That's why it's not surprising many cardholders ask about the ideal number of credit cards to carry.In the previously recorded Facebook Live video segment below, Motley Fool analysts Nathan Hamilton and Michael Douglass answer a user-submitted question about how many credit cards to carry.Continue reading

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