Finance: The more credit cards, the better?

Hi,
At the end you'll have to pay for all your expenses..... So it all comes down to 1 simple question: "Will I save money by having several credit cards ?".  To answer that question you'll have to ask yourself 3 other questions:
1.  If I have several credit cards will
     I spend more (than I intnded) ?
2.  Will I be able to use the variety
     of cards to save money (some
     credit cards give you special
     discounts in certain stores).
3.  How much (in total) do they
     charge me. 
After getting the precise answers you'll be in a position to answer the main question:  If in the bottom line multiple credit cards save you money than go for it (if it doesn't save you, better have just one). 
Personally I use several credit cards.... In my case it doesn't make me spend more than I intended and I use them to make smart purchasing. 
Best regards,

I personally don't use credit cards at all.  To me they are just a way to live beyond your means.  Some financial experts would recommend having only one credit card for things like booking a hotel room if you're on vacation.  But if you're like me and don't have the personal discipline to manage even one card, then stick with cash and pay as you go or get a prepaid card from your bank.  This way, once the money is gone it's gone.

While credit cards can do wonders for your credit score (when used wisely), too many can have an adverse effect. Lenders want to see how you handle different types of credit. When it comes to revolving accounts, two credit cards is perfectly acceptable. The more you acquire, the more difficult it is to manage your finances. And remember to keep those balances low.

 http://www.expertsoncredit.com

The ideal number of credit cards are 3.. 1 with major credit limit and 2 with minor credit limit.

Hi,

    Ideally, it is better not to have any credit cards at all so you don't have to pay any interest. Please visit DAVERAMSEY.COM.  It is a very good website.  He has helped millions of people get out of debt.  He teaches people to live below their means.

Hi, I would be inclined to agree with dogbreeder. Your best bet is to live on a budget, pay cash and / or  use a debit card. If a vendor offers a discount for using a specific credit, at a cost to them of 1.5% to as much as 2.5%, then why would they not offer you a "cash" discount ... Think about it. It can't hurt to ask. If you really want to learn the fact I highly reccommed DAVERAMSEY.COM. 

Peace be with you

I like to have various cards but only keep a balance on the one from which I derive the most benefits at that particular time.

It's best to have one card with a higher limit, rather than several cards with lower limits. Keep your balance low or, better yet, pay it in full each month. The high limit-low balance will raise your credit score due to the ratio. Paying in full each month will likely cause the credit card company to raise your limit about every 6 months, which will also help your ratio. Having a lot of store cards will lower your score, so always use a premium card (Visa, Mastercard, Amex), and preferably one that offers a rewards program.