Applying for too many credit cards in about 3 months?

my credit is good and i have about 5 credit cards now...only one has a balance and im not an over spender...and i%26#039;v stated before that my card for %26#039;just for emergency%26#039;. i got 1 offer in the mail last month i liked so i accepted and i got an offer by phoen and i accepted..i did another onlien and got accepted...the last 2 within a month..i want 1 last one that has rewards...im sure i will get approved will this hurt my credit? will it look bad? like i said not looking to be a big spender on them.

Applying for too many credit cards in about 3 months?interest rate

Tear all of them up and throw them away Using cash is best. If you are worried about an emergency, save $500.00 to $1000.00, put it in a savings account. If you find something you want to buy, then save the money for it and resist the urge to impulse buy.

Applying for too many credit cards in about 3 months? loan

If you are planning to make a large purchase such as mortgage or auto in the near future then it could hurt you somewhat. What a lender looks at is available credit. Even though you do not make a habit of using those cards you could suddenly tomorrow charge all five cards to their limits since you have the credit available.

Also, that is a lot of new credit in a short period of time. Have you been watching the interest rates and yearly fees on those cards?

Offers often come with high interest rates and fees.|||It hurts your credit in the sense that if you were to get a mortgage from a bank, they would (even though you have a zero balance on the cards) give you a lesser loan.

The reason is that you already have $5000 or $10000 potential liability out there with the cards (as you could charge on them).

The fact that you don%26#039;t use them doesn%26#039;t give you a bad credit, it just means that instead of a bank giving you $100,000 mortgage, they might limit it to $90,000.