Manage your bills

Keep track of the bills and due dates. Make sure to pay all the bills on time or before it. Paying the wrong amount to the wrong card can result in additional penalty and fees.

Attracting debts

If you have multiple credit cards there will be high temptation of spending. Make sure you are not increasing your debt and falling into trap. In such cases one can set a limit of credit to avoid overspending.

Credit report

If you apply for multiple cards within short period of time, it can negatively impact your credit report. However, having many credit cards will not necessarily impact credit score unless if you have missed the due date.

Using the right card

Be smart when you have many cards. Before purchasing one can do a little research on using which card will be more beneficial in terms of rewards and cash back.

Credit cards with annual fee

If you are having multiple credit cards with annual fees it makes no sense as your paying the annual fee which can mostly be equal to the rewards and cashback you earn. Make sure you earn enough or more than the annual fee you pay for it.

Emergency gateway

If you are a frequent traveller and if one card is not working one can make best use  of other credit cards available.

Add on Credit card

Add on credit card is an additional credit card provided on the primary credit card. However, primary credit card holder should take care and manage the payments even if the card is used by family members.