What is a good average age of credit accounts?
What is a good average age of credit accounts? The more years you can put between you and your first (successful) credit card application, the more your score will benefit. As you add new credit, however, your average will drop. While there is no golden number to aim for, getting your average age of credit to between six and 10 years is probably a good goal.
Can I open a credit card and not use it?
If you don’t use your credit card, the card issuer may close your account., You are also more susceptible to fraud if you aren’t vigilant about checking up on the inactive card, and fraudulent charges can affect your credit rating and finances.
Is it good to have multiple credit cards from the same bank?
It’s a good idea to have at least two credit cards. That way, if there’s an issue with one of them, you still have access to credit if you need to buy food or other necessities. There isn’t a downside to having more credit cards, but getting multiple cards in a short time could hurt your credit score.
What is the highest credit limit for Capital One Platinum Mastercard?
8. Capital One Platinum Secured Credit Card.
| Intro Purchases | N/A |
|---|---|
| Credit Needed | Limited, Bad |
