LTF Credit Card Charges

[DEVLOK]

Hello Guys!

I'm new here in this #community. I wanted to put the new rumors spreding rigorously in the town.

Are there any disasters norms going to be implemented soon on Creditcards? Like charges to have more CC's. Is it going to be applicable to LTF as well?

If you have more creditcrads and in case you're not usitilising it; is it advisable to close the CC?

Can someone make this clear??

Thank you in advance.

 

[credit_master]

Used once in a year is enough for LTF card don't close.

 

[DEVLOK]

Used once in a year is enough for LTF card don't close

 

[sherin.real1]

Hello Guys!

I'm new here in this #community. I wanted to put the new rumors spreding rigorously in the town.

Are there any disasters norms going to be implemented soon on Creditcards? Like charges to have more CC's. Is it going to be applicable to LTF as well?

If you have more creditcrads and in case you're not usitilising it; is it advisable to close the CC?

Can someone make this clear??

Thank you in advance.

Banks typically recommend using your credit card at least once every six months to keep it active. There's no issue with holding multiple credit cards, but you might want to consider closing one if it no longer serves a purpose for you. Some banks may limit the number of credit cards they issue to a single customer, so having too many could affect your ability to qualify for a new card (of your desire in the future) with that bank. The specific limit of holding CC varies by bank.