Credit Cards Travel and Rental Insurance Benefits
August 13th, 2010I am going to give you a tip that might help you save some money along the way.
Many people purchase rental car insurance. Did you know that your credit card might already have automatic rental car insurance? This is wasting your money if you do not know the benefits on your current credit card. As long as you use your credit card with this benefit you are covered.
Others pay for Travel Insurance. Did you know that many credit cards insure you automatically if you book your tickets with that credit card? This again is duplicate insurance if you don’t know and are paying for it on top of having this benefit.
Have you ever heard someone tell you to pay with a debit card or cash? Wrong!
Let me explain why. When you buy anything with your credit card if it has purchase protection, It will cover items up to a certain amount, many will be completely replaced if damaged or stolen even if it is your fault it will be covered. So while traveling use your credit card for purchases to make sure you are always covered.
Extended Warranty insurance is another great benefit. If you buy an item like a HDTV and it has a year warranty. If you purchase it with the credit card the extended warranty insurance many times will cover it for an extra year or two years.
This is a great benefit.
One of the best credit cards with excellent benefits is the Citi Platinum Select Credit Card. To see a complete review of this credit card just Citi® Platinum Select® MasterCard® Review click on the highlighted link!
Below are 3 of the top Discover Credit Card Offers that include many of the benefits discussed in the above article. To learn more about any of these great credit card offers, just click on the links below.