I have to say that this is one of the biggest drawbacks. There are too many credit cards to manage. Occasionally, one or two cards are missed, and the penalty interest is a cloud, which will affect the credit investigation. I wrote some articles to share with you how to manage cards efficiently. Interested friends can have a look.

This is another major drawback of applying for multiple credit cards at one time. Every time you apply for a credit card, the bank will check your credit report and make a judgment based on your existing credit limit. For multiple applications at one time, the bank will either release the card according to your previous credit line or directly refuse the card. Many small partners have too many cards in their hands, which will affect the success rate of the current cards.

If you apply for a bank credit card, the amount is shared. What do you mean? In other words, you have two credit cards in the same bank, two lines are the same and shared. There is almost no case where the newly applied card amount is higher than the old card amount. Pay special attention to this when handling multiple bank credit cards at one time. It is useless to apply, and it will have an impact on future loans or applications for other credit cards.

Generally, when we apply for a card, we start with Puka. When the amount of Puka reaches a certain level, which is commonly known as "graduation", you will be allowed to apply for a higher-level credit card, such as the classic white card of China Merchants Bank. When you have too many cards in your hand and the amount is generally low, if you apply for a high-level credit card, the success rate is almost zero, and of course it is not without exception.

Before, in order to enjoy overseas online consumption 10% cashback, some friends handled three Pudong Development Dream Cards: UnionPay, VISA and MasterCard. One card can enjoy 60 yuan a month, so three cards are 180 yuan, and appropriate 1000+ wool is available.

Nowadays, many small partners raise cards with cards, make money with credit card money, invest and manage money with credit card money through various channels, and then brush the money from other credit cards to pay back this credit card. Although this method of "robbing Peter to pay Paul" is not recommended, it is also the advantage of having multiple credit cards.

Credit cards have become the "standard" of modern people, and having multiple credit cards has also become the symbol of cardholders. Isn't it a wonderful thing to type up the credit card so that we can use it?

Disclaimer: The article comes from the Internet and is only for users to learn and communicate. If there is any infringement, please contact to delete it.