How Many Debit Cards Should I Have?

How many debit cards should I have?

This is a question that many people ask, and there is no one definitive answer.

Some believe that it is beneficial to have multiple debit cards because it can help you stay organized and keep track of your spending. However, others argue that having too many debit cards can be overwhelming and lead to unwanted fees. So, what is the right number of debit cards for you?

In this blog post, we will explore the pros and cons of having multiple debit cards and help you decide how many debit cards are right for you!

How Debit Cards Work

To start off, a debit card has to be linked to a checking account. This means that the funds in your checking account are what determine how much you can spend on your debit card. When you make a purchase with your debit card, the money is transferred from your checking account to the merchant immediately.

Debit cards are different from credit cards in that you cannot borrow money from a financial institution when using a debit card. Instead, you can only spend the money you already have in your checking account.

Can I Have Two Debit Cards from the Same Checking Account with my Name on Both Cards?

Not exactly. But you can have multiple debit cards from a checking account you share with another person – a joint bank account. For example, you can own an account with your spouse, with each of you having a debit card with their name on it.

Can You Link Multiple Deposit Accounts to a Single Debit Card?

You can link multiple checking or savings accounts from the same bank to a single debit card. Of course, this depends on your bank, its rules and capabilities.

If supported, this option could be convenient for multiple account holders. Instead of overstuffing their wallets with several plastics, they manage their finances with a single debit card.

Are There Any Benefits in Having Multiple Debit Cards?

There are a few benefits to having multiple debit cards. First, it can help you stay organized and keep track of your spending. If you have one debit card for everyday expenses and another for bills, you will be less likely to overspend on unnecessary items.

Second, multiple debit cards allow you to make payments with another card if the merchant doesn’t accept the one you frequently use.

What Are Some of the Disadvantages of Having Multiple Debit Cards?

There are a few disadvantages of having multiple debit cards that you should be aware of. First, if you lose one of your debit cards, it can be difficult to cancel and replace all of your cards.

Second, having multiple debit cards can lead to higher fees if you are not careful. For example, if you have two debit cards from different banks, you may be charged a fee for using an ATM from a bank that is not your own.

Finally, having multiple debit cards means more accounts to reconcile. Keeping track of them all could be confusing and even tricky – you may end up overspending.

When Should I Use My Debit Card?

Debit cards are a great payment option for everyday expenses, such as groceries or gas. However, unlike credit cards, you cannot use debit cards to improve your credit score. In addition, credit cards, in general, offer more rewards for using them.

When Should I Avoid Using my Debit Card?

There are some times when you should avoid using your debit card. For example, if you are making a purchase online or over the phone, it is best to use a credit card instead of a debit card. This is because if there is a problem with the purchase – for instance, if you never receive the item – it can be difficult to get your money back when using a debit card.

In addition, if you are planning on making a large purchase, such as a new TV or appliance, you should avoid using your debit card. This is because most credit cards have built-in protections, such as extended warranties and purchase protection, that debit cards do not offer.

What Are the Pros and Cons of Using a Debit Card?

Overall, the pros and cons of using a debit card depend on how you use it. If you are careful about how you spend your money and only use your debit card for everyday expenses, then the benefits will outweigh the costs. However, if you are not careful and use your debit card for larger purchases, you could quickly find yourself in a financial struggle.

That being said, let’s summarize the advantage and drawbacks of debit cards:


  • Convenient
  • Easy to obtain
  • Widely accepted
  • No annual fees
  • Can help with budgeting


  • Limited fraud protection
  • Spending limit depends on checking account balance
  • Possible overdraft and out-of-network ATM fees
  • Can’t help with credit building

Bottom Line: How Many Debit Cards Should I Have?

So, how many debit cards should you have? The answer depends on your circumstances.

If you want to stay organized and avoid overspending, then two or three debit cards may be a good number for you. However, if you are not careful with your spending or you favor simplicity, you may want to stick with just one debit card.


After I got my degree in translation and interpreting, I started working in a typical office. To get away from my nine-to-five job, I ventured into freelance writing. One thing led to another, and I ended up creating content for SpendMeNot. I have been involved with this site ever since its launch — first as a writer and now as a manager.

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  1. Can i get 2 or 3 debit cards with the same acc…santander bank…

  2. This isn’t my first 360 checking account I shared one with my mom at the time and now I have my own account but I can’t get a debt card how do I get one without having to share a joint account

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