It’s a question many people ask: Can you have two credit cards from the same issuer with the same design or benefits? The short answer is: yes, but there are a few nuances depending on what you mean by “the same card.”
If your main goal is having multiple physical cards, the easiest way is to add authorized users. They:
Yes, you can have two of the same credit card, but usually the safest and simplest way is through authorized user cards on one account. Opening a completely separate account with the same card is possible in some cases, but it often comes with limitations and may not give you extra rewards.
1. Physical Cards vs. Accounts
a. Multiple Cards on One Account
- Most credit card issuers allow additional authorized users on a single account.
- These authorized users get their own physical cards linked to your account.
- Example: You and your spouse each have a card that earns rewards for the same account.
b. Separate Accounts
- Some people wonder if they can open two identical cards as separate accounts.
- Technically possible, but issuers may limit approvals. For example, some cards have “one per person” rules.
- Having two separate accounts for the exact same card rarely provides extra rewards, and it can complicate your credit.
2. Why People Consider Having Two
- Backup Card: In case one card is lost or declined.
- Different Billing Addresses or Accounts: Some households prefer separate accounts.
- Maximizing Rewards: Certain promotional offers might be easier to use with separate accounts, but check issuer rules.
3. Things to Consider
- Credit Impact: Applying for multiple cards can trigger hard inquiries, temporarily lowering your credit score.
- Annual Fees: You might end up paying more in fees than you gain in benefits.
- Reward Limitations: Some rewards are capped per account, so having two may not double your points.
- Issuer Rules: Some banks have rules like “one bonus per person per lifetime,” meaning opening a second card won’t give you another signup bonus.
4. Authorized User Cards
If your main goal is having multiple physical cards, the easiest way is to add authorized users. They:
- Get their own card number (sometimes the same, sometimes unique depending on issuer)
- Earn rewards for the primary account
- Don’t require opening a second account
5. Tips for Managing Multiple Cards
- Keep payment dates consistent to avoid missed payments.
- Track credit utilization carefully.
- Only open a second card if the benefits outweigh fees and credit considerations.
- Check issuer policies before applying for duplicates.
Bottom Line
Yes, you can have two of the same credit card, but usually the safest and simplest way is through authorized user cards on one account. Opening a completely separate account with the same card is possible in some cases, but it often comes with limitations and may not give you extra rewards.