Surrendering the credit card

My sister does have three (3) credit cards.  How did it happen?? She does not know.  It was just delivered on here doorstep. Well, she applied two credits cards and it’s approved.  The third card just arrived.  She went to the bank and said it was a mistake.  Having three cards comes with big responsibilities that is why the sister surrendered the third cards since she did not applied for it.  But the agent told her to avail it for it has no annual free because first year is for free.  If she likes it after a year of using it, then that’s the time to pay for the annual fee.

The sister grabbed the one year free of charge.  After a year of using it, he decided to surrender the credit card even though she likes it because three credits cards will tempt her to shop more and might end up in huge debt.  She doesn’t want to be like others who are in huge debt because of credit card.  The sister did the right thing.  She thinks of what would happen if she has three credit cards.  Having multiple credits cards is not bad at all as long as you know your limitations, responsibilities and aware of the disadvantages.  Credit card can save you if you have an emergency and you do not have money, but do not spend beyond your means.  Do not use it if it is not necessary.  Saving it for the rainy days.

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