Credit Card FAQs

Will too many cards hurt my credit score?

No! Your credit score comprises of a variety of factors including payment history (35%), amount of debt owed (30%) length of credit history (15%), new credit (10%), and credit mix (10%). Therefore if you have multiple credit cards you won’t negatively impact your credit score if you keep your utilization rate low and pay them off in full every month.

Why should I get a credit card with an annual fee?

Yes! When you get a credit card with an annual fee you have the ability to earn miles at a better rate. There are also perks such as travel credit, free anniversary hotel night, no checked bag fees, priority airline boarding and more that can reduce annual fee cost.

Will I earn many rewards beyond the sign-up bonus?

Yes! You will earn category spend bonuses.

Why should you not cash back/rebate card?

You will be able to get a better value with points and miles redemptions.