<ul><li>Applying for multiple credit cards in a short duration can negatively affect your credit score.</li><li>Managing payments for multiple credit cards can be difficult and requires careful planning.</li><li>Credit utilization ratio should be kept below 30% and managed smartly across multiple cards to maintain a healthy credit score.</li><li>Unrestricted use of multiple credit cards may lead to a financial burden and potential debt accumulation.</li></ul>

Want To Own Multiple Credit Cards? Check Five Key Factors Before Applying

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