Beginners Guide: How to Build a Credit File

One of the guiding principles of award travel is protecting and maintaining your credit score. Getting approved for top rewards earning credit cards requires a clean credit file and a minimum 700+ credit score. But what if your credit score is under the magic 700 point threshold? Or you’re fresh out of college and trying to build your credit file from scratch?

Can More Credit Cards Help Increase Your Credit Score?

One of the more confusing aspects of rewards travel is how applying for credit cards affects your credit score. Conventional wisdom has it that applying for more credit cards will negatively affect your credit score, and is somehow frowned upon by lenders and credit providers. But that’s not the case. A strong credit file with many credit accounts and a proven history of on-time payments is exactly what creditors want.