Running out of cash while traveling abroad, at the same time you want to buy an item that you’ve been after a long time. Plus the store only accepts payments from X credit cards, or by using these credit cards you get a bigger discount. Unfortunately, X credit cards are not popular in Indonesia. This is often the reason someone has more than one credit card.
From this description, it can be seen the benefits of having more than one credit card. But keep in mind that the more credit cards mean the more burden on bills that must be borne. You should be aware of this if you have the desire to have more than one credit card. Having more than one credit card is fine as long as you know how to use it properly.
Different Cards, Different Usages
You can manage expenses if you have more than one credit card by separating them. Like for example, there are special cards for shopping for daily needs, electronics, gadgets and so on. I take the example of you having a credit card specifically for shopping at supermarkets because of large discounts, special credit cards for buying plane tickets, and so on. So you can monitor and monitor spending on each credit card, and be more vigilant if there are unwanted events.
Suppose you have a credit card X to shop for primary needs monthly at the supermarket, they have a special credit card Y for shopping for secondary items, such as gadgets and electronics and so on.
Well, if for example on the credit card bill there is the latest gadget purchase transaction, you will definitely be confused and must find out who is using the credit card account.
Take advantage of Reward Points
Credit cards always offer a gift within a certain period. If you have 1 credit card, it means there is 1 gift, then having many credit cards means you have more opportunities to get rewards from the credit card transaction.
Credit cards that offer many benefits for shopping at supermarkets or that offer reward points for purchasing gadgets and other electronic products can be used to get as many reward points as possible.
Point rewards offered by each credit card are different. For example, credit card X can be discounted at Café A and credit card Y can be discounted at Restaurant B. So if you want to have dinner you should use a credit card Y at Restaurant B. Then to chat over coffee at Café A using credit card X. If this is done, then unwittingly you already have many reward points from each credit card because it maximizes usage based on the rewards offered.
Another example, for example, you want to buy the latest gadget with 0% interest installment facilities and cashback. It turns out that the facility only applies to credit cards X which happens to be one of the credit cards they have. Then the card can automatically be used to transact and get 0% interest installment facilities and cashback services.
Each credit card gives a different reward. For example this semester there is a camera reward from credit card X if it is able to collect a total of 2,500 points. If you want the reward, you should focus on using X credit cards to transact until you accumulate 2,500 points. For the next semester, please check the program of all credit cards that you have, because each semester the reward can change.
Use as a backup card, when the main card is lost
All people certainly do not want to experience sudden events that do not wear, such as: when having to pay for an item, it turns out a credit card problem, such as falling, stolen or even left at home.
If you experience this, then you must report the missing credit card, then block and secure the credit card. But taking care of a lost credit card and getting a replacement is apparently not enough for a day or two.
If you have more than 1 credit card, then there are other alternatives in paying for the desired item with the card. While waiting for a replacement card from the lost credit card, you can use another credit card to transact.