States with the Most Credit score Playing cards in 2023

The typical American has greater than 4 open bank cards, in accordance with WalletHub’s information. Precisely what number of playing cards are manageable varies from individual to individual and state to state in accordance with their spending habits, although. Having a number of playing cards in your pockets may help you increase your credit score rating should you use them responsibly, however they will additionally result in the temptation to overspend.

To find out the states the place bank card possession is growing essentially the most, WalletHub analyzed our newest consumer-finance information throughout 4 key metrics. These metrics measured the common variety of playing cards owned per particular person and common variety of new playing cards opened per particular person in Q3 2023, in addition to the % change in each of these numbers from Q3 2022.

cassandra happe

“Some persons are capable of successfully handle extra bank card accounts than others. Having a number of bank cards in your pockets is definitely good on your credit score rating should you pay on time and in full, maintain your credit score utilization low and wait no less than six months between functions. The issue arises when folks open new playing cards merely to overspend, as many individuals do in the course of the vacation season. That may result in unsustainable debt and credit score rating injury.”

Cassandra Happe, WalletHub Analyst

Major Findings

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States with the Most Credit score Playing cards

General Rank State Complete Rating Variety of Credit score Playing cards Rank Enhance in Variety of Credit score Playing cards Rank
1 Alaska 81.39 3 1
2 New Jersey 67.46 1 13
3 Nevada 67.09 2 4
4 Wyoming 64.32 28 2
5 Arkansas 62.87 8 3
6 Florida 56.68 7 10
7 Georgia 55.77 5 15
8 California 54.25 10 12
9 Arizona 54.17 9 14
10 Delaware 54.16 4 36
11 North Carolina 52.01 13 16
12 New York 51.01 6 35
13 New Mexico 50.78 24 5
14 North Dakota 50.51 19 9
15 Maryland 49.70 12 31
16 Texas 49.26 16 21
17 Tennessee 49.23 22 6
18 Virginia 48.89 11 40
19 Pennsylvania 48.84 15 24
20 Rhode Island 48.26 17 26
21 Missouri 47.49 29 8
22 New Hampshire 46.77 18 29
23 Massachusetts 46.74 20 23
24 Alabama 46.49 26 11
25 Minnesota 46.35 23 18
26 Louisiana 45.28 27 17
27 Connecticut 44.96 14 42
28 Ohio 44.27 30 20
29 West Virginia 43.39 21 33
30 South Carolina 42.34 25 34
31 Utah 42.14 42 7
32 Illinois 40.85 33 27
33 Indiana 40.04 36 25
34 Kansas 39.52 38 22
35 Colorado 39.42 32 38
36 Washington 39.30 35 28
37 Mississippi 38.07 40 30
38 Michigan 37.25 39 32
39 Oregon 36.11 46 19
40 Maine 35.86 41 41
41 South Dakota 35.04 31 48
42 Kentucky 34.85 37 44
43 Wisconsin 33.53 43 37
44 Hawaii 33.05 34 47
45 Oklahoma 31.43 48 39
46 Vermont 29.96 44 45
47 Idaho 28.18 47 46
48 Montana 27.63 49 43
49 Nebraska 19.31 45 49
50 Iowa 6.18 50 50

Word: Excluding “Complete Rating,” the entire columns within the desk above depict the relative rank of that state, the place a rank of 1 represents the most effective circumstances for that metric class.

In-Depth Take a look at the States with the Most Credit score Playing cards


Alaska ranks first partly as a result of the common variety of bank cards owned by its residents elevated by 8.5% within the final yr, greater than in another state. Alaskans additionally opened 5.44% extra new bank cards in Q3 2023 than they did in Q3 2022. Compared, residents of most states decreased the variety of new playing cards opened throughout Q3 2023.

The massive query is whether or not Alaskans are utilizing their new playing cards primarily for credit score constructing, rewards and accountable financing or to spend past their means. At first look, it could appear to be the latter, since Alaska residents have the second-highest common bank card debt general. Nonetheless, Alaska is simply across the center of the pack with regards to the share of individuals in monetary misery, and its residents have good credit score, on common. Due to this fact, it looks like they will deal with the massive variety of playing cards, for the second no less than.

New Jersey

New Jersey residents truly personal extra bank cards per particular person (practically 6) than folks in another state. Nonetheless, New Jerseyans have slowed down on opening playing cards, they usually opened 4% fewer new playing cards throughout Q3 in comparison with Q3 2022. This might probably be as a result of many residents have already opened as many playing cards as they will deal with.

On condition that New Jerseyans have a excessive variety of bank cards, it’s unsurprising that in addition they have one of many highest family bank card debt ranges within the nation.


Nevada ranks third general and it is likely one of the few states the place folks personal greater than 5 bank cards on common (5.4). Residents added bank cards at a sooner charge than folks in another state in the course of the previous yr, too, with the common variety of playing cards per particular person growing by 6.8%. Nonetheless, Nevada residents have additionally slowed down a bit currently, opening 3.2% fewer new playing cards throughout Q3 2023 in comparison with Q3 2022. Since card opening was concentrated within the first half of the yr, it’s doable some Nevadans struggled with further debt after the final vacation season.

Nevada residents have among the many highest common family bank card debt within the nation, at $8,891, and that debt is growing at a excessive charge. Evidently this debt has turn out to be tough to handle for many individuals, too, on condition that many Nevadans are experiencing monetary misery.

Suggestions for Managing A number of Credit score Playing cards Responsibly

  • By no means open a card to spend past your means: When buying a brand new bank card, make an effort to solely cost what you may comfortably pay in full every month, or no less than handle with reasonably priced month-to-month funds. An exception applies to playing cards with prolonged 0% introductory APRs, that are appropriate for financing purchases that aren’t instantly reasonably priced. Nonetheless, it is essential to make use of them provided that you may repay most or the entire stability in the course of the promotional interval.
  • Wait no less than six months between functions: Every software triggers a tough pull in your credit score report, leading to a minor credit score rating drop (sometimes round 5-10 factors). Making use of for a number of playing cards inside a short while body can compound this impact, prolonging the time wanted on your rating to recuperate.
  • Ask for credit score restrict will increase: If you might want to improve your spending capability, and might afford to spend extra, think about asking for a credit score restrict improve on an present bank card. This can be an easier course of in comparison with making use of for a completely new account. Whereas there may be nonetheless an opportunity of a tough inquiry, you will not have the added complexity of managing separate funds on a brand new card.
  • Use totally different bank cards for various issues: Make use of the “island method” by strategically utilizing varied bank cards for various functions. As an example, you possibly can assign one card for 0% financing, one other for money again rewards on on a regular basis purchases, and one other for journey bills. When managing a number of bank cards, it is advantageous for every card to supply distinct advantages.
  • Arrange computerized funds: Simplify the month-to-month cost course of by organising computerized funds from a checking account. This eliminates the danger of forgetting to make funds, particularly when managing a number of bank cards, so long as there’s a ample stability within the account.


With a purpose to decide the states with essentially the most bank cards, WalletHub in contrast the 50 states throughout two key dimensions: 1) Variety of Playing cards and a couple of) Enhance in Variety of Credit score Playing cards.

We evaluated these dimensions utilizing 4 related metrics listed under with their corresponding weights, every metric being graded on a 100-point scale.

Lastly, we decided every state’s weighted common throughout all metrics to calculate its general rating and used the ensuing scores to rank-order our pattern.

Variety of Credit score Playing cards – Complete Factors: 50

  • Common Credit score Playing cards Opened in Q3 2023: Full Weight (~25.00 Factors)
  • Common Credit score Playing cards Owned in Q3 2023: Full Weight (~25.00 Factors)

Enhance in Variety of Credit score Playing cards – Complete Factors: 50

  • % Change in Common New Credit score Playing cards Opened (Q3 2023 vs. Q3 2022): Full Weight (~25.00 Factors)
  • % Change in Common Credit score Playing cards Owned (Q3 2023 vs. Q3 2022): Full Weight (~25.00 Factors)

Sources: Information used to create this rating have been collected as of November 30, 2023 from WalletHub database.

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