Some of the hot deal sites call attention to many good credit card deals (free $250 for one purchase, etc.) I obviously want to take part in them. However, I don't want to pay for it down the line by getting denied because they see me having too many CCs as being unreliable.
Now, I've never had a late payment (knock on wood) and never intend to carry a balance on a CC--I use them solely for convenience, cash back, and deals like these. I know canceling a card can damage your score (you're better off locking them in the safe and forgetting about them). However, are there tips to ensure one can take advantage of a number of these deals without adverse effects? Something like calling to lower credit limits on cards we won't use, limiting to X/year, limiting to X cards overall, what?
Thanks for the tips, as I'd really love to keep taking advantage of these deals and not having to worry about it being misinterpreted in the future as someone who's too credit-happy or the like.
Now, I've never had a late payment (knock on wood) and never intend to carry a balance on a CC--I use them solely for convenience, cash back, and deals like these. I know canceling a card can damage your score (you're better off locking them in the safe and forgetting about them). However, are there tips to ensure one can take advantage of a number of these deals without adverse effects? Something like calling to lower credit limits on cards we won't use, limiting to X/year, limiting to X cards overall, what?
Thanks for the tips, as I'd really love to keep taking advantage of these deals and not having to worry about it being misinterpreted in the future as someone who's too credit-happy or the like.