How many cards?2 of 8Survey results0 cards: 5%1 card: 23%2 cards: 37%3 cards: 19%4 cards: 9%5 cards: 8%With rumors that credit card issuers may begin to charge an annual fee for cards that are "dormant" or infrequently used, it may be important to rotate several cards on a monthly basis in order to avoid fees.<< Back to the 2010 Credit Card Guide table of contents. Related Articles:What is the best credit card?Find the best credit cardShould you transfer a balance?Plastic Rap blogRelated Links:8 benefits of new credit card lawHow to compare rewards cardsHow can I improve my credit score?Should you get a secured card?advertisement
With rumors that credit card issuers may begin to charge an annual fee for cards that are "dormant" or infrequently used, it may be important to rotate several cards on a monthly basis in order to avoid fees.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused. We do not permit the inclusion of hyperlinks in comments and may remove any comment that includes a hyperlink.
Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.
You now can get details about consumer complaints regarding financial products -- in their own words.
... Read more