tiredew wrote:This is a great and simple idea. Is there any negative to keeping cards open and not using them at all?
Or should I use them for a purchase a month or something?
Also, what will be the implications of opening two additional cards?
No big impact on your credit. FICO usually likes to see that you move at least one revolving account. The only negative I can think of (for your wallet) is if that card has an annual fee.
Opening new accounts has a short-time moderate imapact on your score, so it will probably lower some points, recoverying slowly over the next six months. Provided you don't miss any payments.