Is a Capital One secured card a credit card?
Is a Capital One secured card a credit card? Yes. While Capital One Secured cards don't require a credit score to apply, you must meet certain conditions for your income and existing debt in order to qualify for a Platinum Secured Credit Card. If you don't meet these conditions, your application may be declined.
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.