How many credit cards do you own? I have ten. No joke. I thought it was cool at first to own cards from almost all the banks but now I think they are just time-bombs waiting to explode in my bag! So before I sign my life away, I decided to cut all the cards except for three of my favourites.
I happened to chance upon a website that talks about all kinds of credit cards offers, using credit wisely and even has a credit card blog. It is from here that I learned the trick of handling my cards better so that I do not overload myself with unwanted debts. I learned how to pick and choose which type of credit cards serve me better too. For example, I now go for cards that offer me cash rebates instead of point collection for gifts redemption. Cash is always king!
I also learned about the implications of applying for a platinum versus a regular credit card. Whenever a credit card sales person approaches you, he or she will always encourage you to apply for the most expensive card, isn't it? Well, learn more about this before you make your decision. All these useful information are found in the blog.
So if you are anything like me at all, keeping credit cards as a collector's items, go learn from this website whether you should be such a card-hogger!