You should pick your credit card perks like Warren Buffett picks his stocks, TD Bank exec says

TD Bank's head of U.S. credit cards, Matt Boss, said consumers should choose credit cards the way Warren Buffett picks stocks—focusing on long-term value and compounding rewards rather than accumulating multiple cards. The advice, published in a TD Bank consumer feature, frames card selection around a Buffett-style philosophy of patience and discipline, applying the billionaire investor's compound-interest principles to everyday spending and rewards. Boss argued that a concentrated wallet of one or two well-matched cards can outperform a scattered approach, mirroring Buffett's preference for a handful of high-conviction holdings. The guidance comes as banks compete for cardholders amid elevated interest rates and shifting rewards programs. Consumers and issuers alike will be watching whether rewards-driven loyalty translates into sustained card usage and spending growth.