Just wondering if you have many credit cards with large limits, does this affect your credit rating?
Currently I have the following cards:
Barclay Platinum credit card with £11k limit with £0 balance,
Tesco Credit card with £8,000 limit with £5k balance ( currently paying £500 p/m toward it with 0% interest.
I also applied for a Halifax Clarity card yesterday just because I am going away on holiday in a couple weeks and didn’t want to take too much cash with me. I got approved straight away with £11k limit even though I only wanted £3k.
Is 3-4 credit cards to many to have?