How many debit and credit cards can one person have
Posted: Tue Feb 18, 2025 10:55 am
On average, Russian bank clients use no more than 2-3 bank cards on a regular basis. The standard set: salary, more advantageous debit and one more – credit. But some use 10 accounts or more at the same time. They usually explain this by the benefits of bank bonus programs.
Therefore, the question arises: how many cards can be opened for an individual and will their mass issuance lead to problems with regulatory organizations? Let's figure it out.
How many debit cards can one person have?
Russian laws do not impose any restrictions on the number of debit cards that an individual can use at the same time. Everything depends only on the policy of banks - some are reluctant to issue even second identical payment instruments, others can issue at least 10, and in a couple of hours.
At the same time, financial institutions cannot saudi arabia mobile database track their number. When you order a debit card from a new bank, its employees have no way of knowing how many payment instruments you have already issued. The only exception is accounts with an overdraft - the debt on them may appear in your credit history.
How many credit cards can one person get?
There are no legal restrictions. Another thing is that banks always treat credit cards more carefully than debit cards. Therefore, one client rarely has more than one card from a certain bank. It is difficult to get them again and again even in different financial institutions - the total credit limit cannot be infinite. But for one account it can increase as the bank's loyalty increases.
That is why people rarely use more than 1-2 credit cards. This is also explained by issues of comfort: banks increase limits for regular customers, offer more favorable conditions, additional bonuses. It is usually easier to pay off a large debt on one credit card than many small ones for the same amount on different ones. As a result, the risk of missing another payment is lower, it is easier to plan expenses, it is easier to make purchases for large amounts.
Therefore, the question arises: how many cards can be opened for an individual and will their mass issuance lead to problems with regulatory organizations? Let's figure it out.
How many debit cards can one person have?
Russian laws do not impose any restrictions on the number of debit cards that an individual can use at the same time. Everything depends only on the policy of banks - some are reluctant to issue even second identical payment instruments, others can issue at least 10, and in a couple of hours.
At the same time, financial institutions cannot saudi arabia mobile database track their number. When you order a debit card from a new bank, its employees have no way of knowing how many payment instruments you have already issued. The only exception is accounts with an overdraft - the debt on them may appear in your credit history.
How many credit cards can one person get?
There are no legal restrictions. Another thing is that banks always treat credit cards more carefully than debit cards. Therefore, one client rarely has more than one card from a certain bank. It is difficult to get them again and again even in different financial institutions - the total credit limit cannot be infinite. But for one account it can increase as the bank's loyalty increases.
That is why people rarely use more than 1-2 credit cards. This is also explained by issues of comfort: banks increase limits for regular customers, offer more favorable conditions, additional bonuses. It is usually easier to pay off a large debt on one credit card than many small ones for the same amount on different ones. As a result, the risk of missing another payment is lower, it is easier to plan expenses, it is easier to make purchases for large amounts.