Why you should have more than one credit card

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Why you should have more than one credit card
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Here's why you should have more than one credit card.

You can rely on credit when you run into an unexpected expense, but with two cards you can prevent that large expense from hurting your credit score. By splitting the cost of a big expense, such asThis goes back to maintaining a high credit limit overall so that your utilization rate stays low and your credit score remains high. Just make sure you can pay off balances on both credit cards before they start accruing interest.

Information about the Alliant Cashback Visa® Signature Credit Card, Capital One® Savor® Cash Rewards Credit Card, U.S. Bank Cash+™ Visa Signature® has been collected independently by CNBC and has not been reviewed or provided by the issuer of the card prior to publication.Opinions, analyses, reviews or recommendations expressed in this article are those of the CNBC Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.

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