It makes a lot of sense to consolidate credit card bills due to various reasons. Firstly, you would be saving a substantial amount in terms of paying low interest, once you go in for credit card debt consolidation. You should calculate the rate of interest on the various multiple cards you hold, and compare it with the low interest on the consolidated amount. In most cases the interest rate on the consolidated amount will be lower than the average rate of interest in all the credit cards put together. There will be no late fee charges, charges for exceeding credit limits, and overall you gain your credibility.