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Better for what? If for your credit rating, it depends on a few factors. Credit cards and other loans are called trade lines in the industry. If you have no other open trade lines, 5 cards might be better, but ultimately it depends on usage and total issued credit. Without this information, I am going to assume you have few other cards and provide a best guess. Go with the 5 cards.

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Q: Which is better one credit card with a high balance or 5 low balance cards?
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How do I transfer the balance on my credit cards?

You will have to talk to you credit card company. They will be able to assist you in transferring your balance on your credit cards.


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What is the best credit card with no balance transfer fee?

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It is better to pay off the open card that has the higher interest rate.


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