There are four benefits of having more than one credit card, the third one will be very useful in this festive season sale..

Credit card spending in India is rapidly increasing. According to the latest data from the Reserve Bank of India (RBI), credit card spending reached ₹1.93 lakh crore in July 2025, compared to ₹1.83 lakh crore in June. This represents an increase of nearly 6% in just one month.

While many people use credit cards wisely, others fall into the trap. If you use credit cards wisely, you can earn more benefits by having more than one. Let's explore why having multiple credit cards is beneficial.

1- Maximize reward points

Different types of credit cards are available for different purposes. The biggest advantage of having two credit cards is reward optimization. One card allows you to pay for everyday expenses like groceries and petrol, where you earn more cashback and reward points. You can use a second card for online shopping, travel, and other larger expenses. You can even have multiple credit cards for different purposes, provided you can manage them all.

Sometimes, one card offers airport lounge access, another offers dining discounts and travel insurance. In such a situation, if you have two cards, you can combine the benefits of both cards to get more benefits.

2- Easy Credit Score Management
A credit score is like a person's financial report card. If you have two cards, you can better manage your limits. This keeps your credit utilization ratio low, and making timely payments strengthens your credit score.

3- Sale Offers, Discounts, and Credit Limit Benefits
Online sales often offer no-cost EMIs on many items. For example, a product costs ₹60,000 and is available on a 12-month no-cost EMI. In this case, you only have to pay around ₹5,000 per month, but when you purchase the product, the entire ₹60,000 is deducted from your credit limit. After this, the limit is gradually restored with each monthly payment. If you have multiple cards, your overall credit utilization will remain under control.

On the other hand, these sales offer a variety of discounts and offers on different cards. If you have multiple cards, you can get your favorite deals during the sale. However, keep in mind that if you don't manage your credit cards properly, you can quickly fall into a debt trap.

4- Financial Backup
Sometimes, one card may be blocked, lost, or declined. In such a situation, the other card serves as your backup. Furthermore, the separate billing cycles for both cards help manage your expenses and control your cash flow.

There are risks, so be cautious.
There are benefits, but also risks. More cards mean more responsibility. If you don't make payments on time, you could incur heavy interest and charges. Furthermore, excessive dependency can land you in a debt trap.

What should you consider before purchasing two cards?
Choose a card based on your needs.
Understand the interest rate and charges for each card.
Keep an eye on the payment due date.
Avoid overspending.

It's best to consult a financial advisor.

Conclusion
Digital spending is growing rapidly in India, and credit cards have become a major part of it. Having two credit cards is no longer a luxury, but a wise thing to do if you use them responsibly. This not only doubles the benefits but also makes financial security and score management easier.

Disclaimer: This content has been sourced and edited from Zee Business. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.