Multiple Credit Cards: Avoid the Debt Trap Before Interest Snowballs

• Credit card interest in India typically ranges between 30-45% annually, compounding monthly, making debt extremely expensive.
• Track total outstanding across all cards; if it exceeds one month's salary, it's an early warning sign.
• Simplify card usage: pick one primary card and always pay the full statement balance, not just the minimum due.
• Watch for behavioral red flags like using one card to pay another or taking cash advances.
• Build an emergency fund of 3-6 months' expenses to avoid relying on credit cards for unexpected costs.