You generally can have two credit cards from the same bank, as most issuers allow that, but that's only a good idea if the cards do not have an annual fee and the rewards or low APR make them worth it.
There are two drawbacks I can see with having two credit cards from the same bank: if identity theft is suspected, the bank could block you from all the accounts till it investigates. And second, you would not be able to balance transfer between credit cards from the same institution.
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