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Lol the US has a really weird credit rating system.

Here having no credit cards is best. Because not having to loan shows having the ability of being responsible financially.

Note: here in Europe we get no rewards or anything on credit cards. It's viewed more as a liability, not a virtue.

In fact my credit cards cost money in stamp duty, they don't ever gain me any.

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Yep. That makes more sense. But here, they are basically looking at your ability to manage credit "responsibly" by looking at your payment history, and utilization, among other things.

So say if I spend $3000 a month, and pay it off every month in full, and my total credit limit is $10,000, they will ding me regardless of my payment history, because my utilization (30%+) is considered high. So if I want to maximize my credit score, it behooves me to get more cards (easiest way to increase total credit), and spread out the payments among them.

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