Ever wondered how many credit cards can you hold from each bank? What is the maximum allowed limit of credit cards per customer?
This query gets asked very often in our FinTalks Facebook Group. In today’s post, I am clearing that out.
|Bank||Maximum Cards Allowed||Credit Limit Sharing||Exceptions|
|American Express||2 Credit + 1 Charge Cards||Separate Limits||2 Charge Cards|
|Axis Bank||3 Credit Cards||Available||4 Credit Cards|
|AU Bank||1 Credit Card||-||2 Credit Cards|
|Bank of Baroda||1 Credit Card||-||2 Credit Cards with Separate Limits|
|Citibank||No Limits||Separate Limit||-|
|HDFC Bank||1 Credit Card||-||2 Credit Cards with Separate Limits|
|HSBC Bank||No Limits||(?)||-|
|ICICI Bank||No Limits||Available||-|
|IndusInd Bank||1 Credit Card||-||2 Credit Cards with Separate Limits|
|IDFC First Bank||1 Credit Card||-||2 Credit Cards with Separate Limits|
|Kotak Mahindra Bank||1 Credit Card||-||2 Credit Cards with Shared Limits|
|RBL Bank||1 RBL Credit Card + 1 Bajaj Supercard||Available||2 RBL Credit Cards|
|SBI Cards||3 Credit Cards||Separate Limits||-|
|Standard Chartered Bank||No Limits||Available||-|
Exceptions mean some customers (in most cases, High Net worth individuals who are maintaining good relationships with the bank) are able to source more cards than the ordinary ones. This is an exceptional case, and information regarding this can only be obtained from the bank channels if you are a High Networth individual of that bank.
Boxes marked with (?) mean I am yet to get information about it. In case you have information regarding whether Citibank & HSBC Credit Cards provide shared limits or not, kindly comment below. I will update the same.
Credits to Technofino for curating this information.