2. You Only Need One Credit Card
While having just one credit card makes life easy, it’s actually more beneficial to have two cards. The main credit card that you use most often should be a rewards card that racks up points each time you use it. The secondary credit card should be a backup card used only for emergencies.
The second credit card should also have a low-interest rate and high limit if you have to carry a balance. You should at the minimum use this card once per month. You can set up an autopay bill with this card to keep the account active. If you have more than two credit cards, that’s okay as long as you use them wisely. Aim to use less than 10 percent of your available credit and always pay of the balance each month.