Does applying for multiple credit cards hurt my CIBIL score?
Omana Chauhan
Asked 16 Jun 2026
7
I plan to apply for 3 credit cards in 2 months to maximise rewards. Will this hurt my credit score and my future loan eligibility?
1 Answer
Accepted
5
Aaradhya Bose·10 Apr 2026
The 'minimum due' trap is real. Banks love it because they charge ~36-42% interest on the carried-forward amount. If you can't pay the full bill this month, pay at least 50% — anything below that and the interest eats the rewards of the next 6 months.
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