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Archive for August, 2012

Have I Gone Credit Card Crazy?

August 22nd, 2012 at 12:50 pm

Since my credit score breached the 700 mark, I have been getting some pretty great rewards card offers. This time last year, I had only $500 in credit card limits, with one card. Now I have $14,000 in credit card limits, with a $756 balance on one card, a $6,500 soft-cap card coming in the mail, and a total of five credit cards.

Have I gone nuts? Should I really keep opening credit card accounts? I honestly do use all of them but one, and none of them have any maintenance fees, annual fees, etc.