How to Manage Multiple Credit Cards?
By Ankit Sharma
Print    Email    RSS   

Many a times, credit card holders are faced with the classic question as to how many credit cards should they own. These plastic cards have several benefits and so are a popular means of making payments. Be it for utilizing offers on them or for getting cash back on purchases or simply for convenience, they are used because they make life a lot easy and shopping a lot more interesting.

But along with benefits, they also have drawbacks. There are certain things that cardholders have to be careful about like high interest rates on balance transfer of previous months' bills, hidden expenses etc. On top of that, impulsive and reckless spending with credit cards can also lead to a debt trap.

How many credit cards a person owns depends on an individual's personal credit needs and spending habits. It differs from person to person. For some one credit card is enough whereas some may need more because of factors like repeated foreign trips.

Some people think that owning several cards can be risky, whereas some suggest that owning up to three credit cards is not as risky but is a practical solution to a person's credit needs. A question here arises as to why do people need multiple credit cards?

Need for many credit cards

Increasing one's credit limit

Many people go in for a second or third card in order to increase their credit limit. If an individual feels that the existing credit limit is not sufficient then the need for another credit card arises. Though when availing an extra card for this reason, one should remember that on maintaining sound payment history, credit card issuers may increase the credit limit on the existing card itself, thus, eliminating the need owning another card.

Ease of purchase

Many merchants do not accept all types of credit cards, that is, they may accept either Visa or MasterCard. There are also times when a card is rejected due to technical or other reasons, in these situations multiple credit cards are useful. If one card cannot be used to make payments then the other one acts as a backup.

Specialized services and benefits

Many cards provide maximum benefits when used for certain specific purposes such as Petro cards - which are beneficial on purchase of fuel for vehicle; or travel credit cards - which are meant for frequent travelers and provide specific benefits on air miles etc. Depending on an individual's lifestyle, a person can choose to avail benefits on a specific feature and use a card for that purpose only.

Online security

For those who use credit cards for online transactions should know that the chances of frauds are high during online transaction. Cases of credit or debit cards counterfeiting or cloning have become quite common these days. To avoid such frauds, some people keep a separate credit card with low credit limit for online purpose only. So, even if the details of the card are hacked, the damage is limited.

Page  | 12 |  
(Comments Posted : 2) Post Your Comments

If Truly you Are In Need Of A PROFESSIONAL LEGIT HACKER Who Will Get Your Job Done Efficiently With Swift Response, Congratulations, You Have Met the Right HACKERS.

• We are a Team Of Professional HACKERS , a product of the coming together of Legit Hackers from the Dark-Web, (pentaguard,CyberBerkut, RedHack , Black Hat, White Hack ) we have been existing for over 12years, our system is a veryStrong and decentralized command structure that operates on ideas and directives.

 • Frankly speaking, I always give a 100% guarantee on any job we are been asked to do, because we have always been successful in Almost all our jobs for over 12years and our clients can testify to that .To hack any thing needs time though, but we can provide a swift response to your job depending on how fast and urgent you need it.Time also depends on what exactly you want to hack and how serious you are.Enough time with social engineering is required for hacking.So if you want to bind us in a short time, then just don't contact us because We can't hack within 30minutes,*sorry*.Basically, time depends on your luck.If its good luck, then it is possible to hack within 30minutes but, if it is in the other way round, it would take few hours.I have seen FAKE HACKERS claiming they can hack in 30min, 20min , but there is no REAL HACKER who can say this (AVOID THEM).
Please Note : we have only one contact email :

We will be happy to have you join over 2000 satisfied clients around the world to use our services.

There are so many Reasons why people need to hire a hacker, It might be to Hack a Websites to deface , retrieve information, edit information or give you admin access Some people might need us for Hacking any smart phone giving you access to all activities onthe phone like , text messages , call logs , Social media Apps and other informations.Some might need to Hack a Facebook , gmail, yahoomail, Instagram , twitter and every other social network Accounts, Some might need to Hack into Court's Database to Clear criminal records.However we can also Hack into school's websites (server) to change grades without any trace, Also Some Individuals might want to Track someone else's Location probably for investigation cases.
   All these Are what we can get Done withing few hours.

★ Hacking and sales of Programmed credit cards & CREDIT CARD TOP-UP
★ Sales of untraceable phones (even the pentagon can not track our phones)
★ Sales of Tutorial packs for Beginner Ethical Hackers.

★ You can also contact us for other Cyber Attacks And Hijackings, we do almost All.

★Contact Us for Your Desired Service Via:

★We Treat Every Request With Utmost Confidentiality★
COMPOSITE HACKS (Posted: Dec 22, 2017)
2. If your score is less than 750 points, if loan application is getting rejected, if recovery agents are harassing you for the payments, if you are looking for settlement / closure of credit cards, personal loan, Looking for cibil clearance you can contact me Mb: 9535385135
Syed Arif (Posted: Jun 16, 2014)
Show All Comments
 Select a product:

 Select a product:

An Insight into Credit Card Balance Transfer
Credit Report: A Key Financial Indicator
Guide to get a an auto insurance claim...
American Express Platinum Corporate Card:...
All about Vintage/Classic car insurance in...

I NEED A BLANK ATM CARD 2023, Whatsapp: +18033921735
GET RICH WITH BLANK ATM CARD, Whatsapp: +18033921735
Daawat*Call giℛℒ escort In ZiRaKpUr OOOOOOOOOO...

91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive