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Is it considered foolish to have more then one credit card?

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DragonFruit · 61-69, M
No, not at all....I have a few cards. One I use for all online purchases, one for gas purchases, one for food purchases and one for other purchases. If one card gets compromised (as I’ve had happen with the gas card) the others are not affected. If you had only one card & it was compromised, the credit company could freeze it and you’d have no way of paying via credit. As long as you know how to use the card properly (i.e., don’t charge more than you have in the bank), there should be no problem regardless of the number of cards.