A storage interfacing method and apparatus for a mobile terminal are disclosed. The storage interfacing method utilizes a plurality of storage devices. The method includes identifying the storage devices, detecting an occurrence of an access request event to one of the identified storage devices, determining whether the access-requested storage device is an access-selected storage device, and performing, if the access-requested storage device is an access-selected storage device, a data transfer operation associated with the access request event on the access-selected storage device without access initialization and access-selection. The apparatus includes a first storage device supporting a MultiMediaCard (MMC) interface, a second storage device compatible with the MMC interface, and a control unit for controlling the first and second storage devices, according to the MMC interface, through control and data buses shared by the first and second storage devices.