Is there any benefit in having extra credit cards? Even by the same company?

[jennifer_bloom]

12 hours after paying my bills, my credit card company emailed me to let me know I was pre-approved for a new card with a higher limit. I accepted because I thought it could serve as a back up plan if any of my current cards get declined for some reason. But in general, I don’t think it is that useful to have multiple cards. Since I can’t spend more than I have, regardless of how high my limit is.

[queenofcardio]

Some credit cards offer different reward programs even within the same company. Different point systems depending on the card to attract different types of spenders.

[queenofcardio]

The point system also allows people to use their points to pay down their credit card balance.

[RandomGirl42]

Lol, I really don't know since I don't have any credit cards at all. 1 is too many for me and just gets me in trouble. 😳

[RandomGirl42]

Ty. 😊