Is it okay to have two or more credit cards? Know the rules
Kolkata: Credit cards are an useful financial tool but only in judicious hands. If handled injudiciously, credit cards can even lead to a debt trap. Assuming one uses them wisely, it can be quite useful to keep a couple or more credit cards since there can be quite a few benefits. Let’s have a close look.
Different credit cards carry different types of benefits. While some offer cashback and reward points on grocery purchases and general shopping, some incentivize dining out, some offer incentives on buying airline tickets or movie tickets. Some allow complimentary offers at airport lounges. Some offer benefit for purchase of petrol and diesel etc. Therefore, by keeping a few credit cards, you can virtually cover almost all the sectors where you can get........
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