New Delhi, Feb. 7 -- In India, all banks together offer 100s of different credit cards. Each card has its own unique selling point (USP). For many people, one single credit card cannot cater to all their needs. Hence, they follow a multi-credit card strategy to maximise the benefits. In this article, we will understand why people own multiple credit cards, their benefits and how to manage them.

As mentioned earlier, for many people, one single credit card cannot cater to all their needs. Some of the reasons why some people own multiple credit cards and their benefits include the following.

Some people prefer instant discounts on credit cards, whereas some prefer cashback. For example, ICICI Bank regularly rolls out credit card instant d...