How to Manage Multiple Credit Cards
It’s generally not a good idea to have lots of credit card accounts open because this can encourage your debt to spiral out of control. If you’re having trouble getting out of debt, consider talking to a financial planner at your credit union. You can also watch this featured video to get some valuable tips on managing multiple credit cards.
This video recommends a few apps that you can use to manage you credit cards, such as Mint. It’s always a good idea to set up notifications or email alerts so that you won’t miss a due date, as this will negatively affect your credit score. You can also commit to paying off the balance for the card with the highest interest rate first to save money in the long run.
If you’re a GCS Credit Union member, you can easily apply for a Visa credit card with a low interest rate, no annual fee, and a valuable ScoreCard Reward Program. Visit one of our credit union branches in O’Fallon or give us a call at (618) 797-7993 if you have any questions.