1. Lower Rates – lower credit card rates mean that the less interest you pay out and the more cash you have in your pocket to be able to pay down your credit card balances faster or use for other expenses.

2. Less Payments – consolidating your cards onto one or two credit cards means that you will have less to keep track of. You can make just make payments on your new card or cards and not have to put up with the headache of keeping track of 5 or more credit cards with balances.

3. Improved Credit Score – while you still will have the same amount of credit card debt after a consolidation you may potentially improve your credit score by increasing the number of credit cards that you have with available balances.