If you have a credit card that reports to any of the three major credit bureaus, preferably all of them, this will help in building your credit score as long as you are making at least the minimum monthly payment before the bill is due…I would suggest paying more whenever possible for the best results.
A single department store credit card when used regularly and responsibly can build your credit just as quickly as having a stack of major credit cards at your disposal. It all comes down to how committed you are to achieving your credit goals.
Having multiple major credit cards might make you feel good inside, but they’ll do nothing to improve your credit if you’re delinquent every month trying to pay them all. When it comes to credit building, sometimes slow and steady is the way to go.
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