4 Credit Card Benefits That Will Make You Leap For Joy

Credit Card Benefits

If used correctly, credit cards are a very powerful tool. If you used incorrectly, they could be very dangerous! I think everyone should have 2-3 credit cards (including store charge cards, gas cards, and other forms of revolving debt). We’ll post more on the dangers of credit cards on another post. Today, I’m here to tell you how great the right credit card can be with the right credit card benefits.

Aside from the benefits of paying for things later or using your credit card to build credit, many credit cards offer several other features and benefits that many are unaware of. Below, I’ve listed a few benefits I get with my Visa Signature Credit Card.

Rental Car Insurance

If you read my post on car rentals, you know I’m a fan of finding the best deal out there. Every time I rent a car, I make sure to decline the insurance the rental agency offers and instead use my visa signature credit card because I know it offers rental car insurance as a benefit.

I drive knowing the rental car is covered for damages from collision or theft all because I paid for the rental with my credit card. Instead of $10 a day for insurance, I pay $0. That’s being a Smart Money Maker.

Identity Theft

If you’ve read my post on ID Theft, you know I’m a fan of protecting yourself from fraud. Luckily, most credit cards offer some form of protection against fraudulent purchases. My Visa Signature offers 100% protection against fraudulent transactions.

Further, if my cards/wallet are stolen, I can get emergency cash or a card replacement the next business day.

Travel Accident Insurance

Let’s say you’re traveling far away from your home and you get in an accident or injure yourself somehow. Where do you go? Who do you call? Where’s the nearest English-speaking doctor? What about a local lawyer?

Luckily, all you have to do is call your credit card company. They’ll give you the referrals or make the necessary calls to make sure you get the help you need as fast as possible.

Lost Luggage Reimbursement

If the airline loses your luggage while traveling and you paid for your ticket with your credit card, chances are, you’re eligible for reimbursement if your luggage is lost.

Hidden Credit Card Benefits

In Short…

As with anything, make sure to read the fine print. You may be surprised by the potential credit card benefits you’re already getting, and you don’t even know it!

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