It goes without saying and yet I kind of feel like it still needs to be said - not all credit cards are created equal. Some are great for travelers, others are wonderful for people who just want cash back, and some are designed to help you pay off debt. If you pick a card just because it looks flashy or promises big rewards you’ll never use, it’s kind of like buying a gym membership you never go to. Think about what you actually need before signing up.

Why Applying for Too Many Cards Can Hurt Your Credit

I know, those “instant approval” offers can be tempting. But every time you apply for a new card, your credit takes a little ding . If you do it too often, especially when you’re also looking to buy a car or a house, it can come back to bite you. One card at a time is usually plenty.

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