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15 States Where Americans Have the Most Credit Cards

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Editor’s Note: This story originally appeared on Upgraded Points.

Nearly all financial experts agree that having access to at least one credit card is an important financial tool. The question of how many cards a person should carry, however, is more complicated.

According to data from the Financial Industry Regulatory Authority (FINRA), the large majority of cardholders — approximately 69% — hold between two and eight cards. Conversely, only 26% manage with just one credit card, while a mere 6% possess nine or more cards.

When managed appropriately, having multiple credit cards provides both practical and financial benefits. An extra card can come in handy if one is lost or needs to be canceled, and having multiple lines of credit available can be helpful when unexpected expenses arise.

However, holding multiple cards can also carry risks if cardholders aren’t careful. Tracking balances, card limits, and billing cycles across multiple cards can be challenging. Furthermore, the availability of increased credit may encourage individuals to overspend.

The share of cardholders with a high number of cards varies by geography. The following is a breakdown of the states where residents have the most credit cards.

The analysis was conducted by Upgraded Points using data from FINRA. For more information, refer to the methodology section at the end.

1. Louisiana

New Orleans, Louisiana, USA downtown city skyline.
Sean Pavone / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 8.8%
  • Share of Cardholders With 13+ Cards: 3.6%
  • Share of Cardholders With 20+ Cards: 0.8%
  • Credit Cards per Person: 2.4
  • Average Credit Score: 690

2. Nevada

Carson City, Nevada
Jacob Boomsma / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 8.5%
  • Share of Cardholders With 13+ Cards: 2.5%
  • Share of Cardholders With 20+ Cards: 0.7%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 702

3. Florida

Florida condos in Miami
hbpictures / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 8.4%
  • Share of Cardholders With 13+ Cards: 4.2%
  • Share of Cardholders With 20+ Cards: 2.1%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 708

4. Texas

Laredo, Texas
MARENZO / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 8.3%
  • Share of Cardholders With 13+ Cards: 3.3%
  • Share of Cardholders With 20+ Cards: 0.7%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 695

5. Georgia

Savannah, Georgia
Sean Pavone / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 8.2%
  • Share of Cardholders With 13+ Cards: 3.5%
  • Share of Cardholders With 20+ Cards: 1.6%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 695

6. Mississippi

Jackson, Mississippi
Sean Pavone / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 7.9%
  • Share of Cardholders With 13+ Cards: 3.9%
  • Share of Cardholders With 20+ Cards: 2.6%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 680

7. Connecticut

Bridgeport, Connecticut
Wendell Guy / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 7.8%
  • Share of Cardholders With 13+ Cards: 2.0%
  • Share of Cardholders With 20+ Cards: 1.0%
  • Credit Cards per Person: 2.7
  • Average Credit Score: 726

8. South Carolina

Myrtle Beach, South Carolina
Sean Pavone / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 7.6%
  • Share of Cardholders With 13+ Cards: 3.7%
  • Share of Cardholders With 20+ Cards: 2.3%
  • Credit Cards per Person: 2.5
  • Average Credit Score: 699

9. New Jersey

Jersey City, New Jersey
f11photo / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 7.3%
  • Share of Cardholders With 13+ Cards: 2.1%
  • Share of Cardholders With 20+ Cards: 0.9%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 725

10. Missouri

Kansas City, MISSOURI
Scruggelgreen / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 7.0%
  • Share of Cardholders With 13+ Cards: 3.0%
  • Share of Cardholders With 20+ Cards: 1.3%
  • Credit Cards per Person: 2.5
  • Average Credit Score: 714

11. Pennsylvania

Allentown, Pennsylvania
Mihai_Andritoiu / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 6.9%
  • Share of Cardholders With 13+ Cards: 2.5%
  • Share of Cardholders With 20+ Cards: 1.1%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 723

12. Washington

Bainbridge Island, Washington with Seattle in the background
Danita Delimont / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 6.9%
  • Share of Cardholders With 13+ Cards: 3.0%
  • Share of Cardholders With 20+ Cards: 1.7%
  • Credit Cards per Person: 2.6
  • Average Credit Score: 735

13. New York

Astoria Park in Queens, New York
James Andrews1 / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 6.8%
  • Share of Cardholders With 13+ Cards: 3.4%
  • Share of Cardholders With 20+ Cards: 0.9%
  • Credit Cards per Person: 2.7
  • Average Credit Score: 721

14. Maryland

Prince George's County, Maryland
Hiram Rios / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 6.5%
  • Share of Cardholders With 13+ Cards: 2.5%
  • Share of Cardholders With 20+ Cards: 1.3%
  • Credit Cards per Person: 2.5
  • Average Credit Score: 716

15. Illinois

Cook County Illinois
Nina Alizada / Shutterstock.com
  • Share of Cardholders With 9+ Cards: 6.4%
  • Share of Cardholders With 13+ Cards: 2.4%
  • Share of Cardholders With 20+ Cards: 0.9%
  • Credit Cards per Person: 2.5
  • Average Credit Score: 720

Methodology

Man analyzing data on a laptop
fizkes / Shutterstock.com

The data used in this study is from FINRA Foundation’s 2021 National Financial Capability Study (NFCS) and Experian’s Average FICO Score by State.

To determine the states whose residents hold the most credit cards, researchers at Upgraded Points calculated the percentage of cardholders who report having nine credit cards or more.

In the event of a tie, the state with the greater share of cardholders having 13 or more credit cards was ranked higher.

The “Credit Cards per Person” data field is an estimate of the median number of cards held per cardholder based on the available grouped frequency data.

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