Own an old credit card? Here is why you should close it now
Pnakaj Mathpal, MD, Optima Money Manager told Zee Business Online that it is not a smart option to hold multiple cards for a habitual spender. "If a person is not using a credit card for a very long, he/she should surrender it to the lender. Also having more cards is not a good option, if you are habitual spender," he said.