Does too many credit cards affect your credit rating.


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?


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