Four Credit Card Perks you may Know About
Posted on 5/4/2010 - Filed under Credit Card News
When you read about the importance of understanding what your credit card offers, you’re probably thinking of some of the common terms and conditions – interest rate, annual fee, rewards program, late fees, etc. But did you know that there are plenty of other benefits you might find with a little looking? Here are four to check for, and if you don’t have them on your current credit cards, keep them in mind for the next time you’re credit card shopping.
Return protection: say you find a perfect shirt, only to realize when you get home that you grabbed the wrong size. If the retailer does not return the item for you, your credit card will reimburse you.
Extended warranty: you can make the warranty last longer on certain purchases if you buy items from companies that are covered by your credit card. If you buy a new appliance this year, like a washer or stove, check for this policy.
Identity protection: if your card is stolen, you won’t be charged for the bulk of damage done. As you rebuild your identity, the card will cover certain charges to help you get back on track.
Travel bonuses: credit cards are full of these, so look closely and you’ll find everything from car rental insurance to baggage insurance, and even hotel stays offered on certain types of travel delays. If you have a card with a travel rewards program, check it closely before your next trip. It might save you more than one headache while you’re on the go.
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