Credit cards can help you build a credit profile / generate a credit score which you will need if you decide to take any loans at some point in time.

Credit cards can be very handy – for meeting urgent needs when you are temporarily short of money, for building a good credit profile, and for earning reward points and other benefits. That apart, credit cards offer fraud protection too, whereby you can file what is called a ‘chargeback’ claim to reverse an unauthorised transaction.

But how many credit cards does one need? Is a card or two enough? Or, does it help to have more? These days, many youngsters…