Credit Card Blog

We all know how to get into financial trouble using credit cards, and most of us are aware of the various rewards programs we could join through credit cards – but there are a number of additional cardholder perks that are often forgotten that are worth remembering:

Car Rental Insurance. Many people forget that when you rent a car on your a credit card you can usually avoid buying the insurance offered by the car rental company because your card offers a collision damage waiver and/or loss damage coverage automatically.

Travel Accident Insurance . Do you usually buy travel accident insurance when you take off on a trip?  You may be buying it for no reason, if you have a credit card that includes travel accident insurance coverage.  Just use a card with this benefit to book your flight or make trip arrangements and you’re covered.

Emergency Cash Disbursment.  Did you know some credit card’s include a benefit to assist you if you find yourself without cash in an emergency.  If you have this cardholder benefit, you just call customer service, explain your situation, and you’ll have cash.

Concierge Service.  There are many credit cards that offer 24/7 concierge service to cardholders and can help you with your busy schedule.  They can help find a destination, make travel arrangements, reservations,  or even send gifts for you.

Emergency Roadside Assistance.  An option becoming increasingly more popular when you take out a personal loan, you may not need to buy an emergency roadside assistance plan.  Many credit cards, including all Capital One cards, offer Emergency Roadside Assistance coverage.  If you breakdown  you can make a simple phone call and get help through your credit card benefit.