Are You Using These Credit Card Perks? ...

In all likelihood, there are a few credit card perks that you're forgetting to use. Having a credit card in your wallet can provide peace of mind during an emergency. And if you're looking to establish credit, getting a credit card is a good start. But there are more benefits to using a credit card than these. And there's a good chance that your credit cards offer amazing perks. Here's a look at seven credit card perks you might be forgetting about.

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1. Car Renter's Insurance

Car rental insurance is one of several credit card perks you might be forgetting. If you book a rental car, the company may offer supplementary insurance in case you're in a crash. This way, you don't have to use your personal insurance to cover damages. But if you're renting a car with your credit card, your card issuer may offer free rental coverage. Not all credit cards offer this perk, so you'll need to call your credit card company for details.

2. Payment Protection

Did you know that if you use your credit card to purchase an item online, your credit card issuer may include payment protection up to a certain amount? Let's say you order an electronic device and the item arrives broken. You can call your credit card company for a refund if the company refuses to help you.

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3. Cashing in Rewards

You may have a credit card with a rewards program without realizing it. With a rewards program, you can earn miles or points for every dollar you spend. And when you have enough points, you can redeem these for merchandise, gift cards, travel or cash. The more you use your credit card, the more points you can accumulate.

4. Travel Insurance

Did a delayed flight result in having to book a night at an airport hotel? Or maybe the airline lost your luggage and you had to buy new clothes while on vacation. Whatever the situation, if you book a plane ticket with a credit card, emergency travel insurance might be a cardmember perk. Again, you need to contact your credit card company for details on eligible coverage.

5. Price Comparison

If you buy something with a credit card, and then find the item cheaper somewhere else, your credit card might offer price comparison. In this case, your credit card company will refund the difference. This perk ensures you always get the best deal.

6. Roadside Assistance

Forget AAA, some credit cards include emergency roadside assistance. So, if you run out of gas, get a flat tire or need other assistance, call up your credit card company and they'll send a tow truck.

7. Discount Concert Tickets

This perk isn't available with all credit cards. But if you're fortunate, your credit card company may let you purchase discount concert tickets before they're available to the general public. This is an excellent way to entertain yourself and see your favorite artist without paying full price.

There's no denying the benefits of having a credit card. If you have a credit card, make sure you read the terms of your contract carefully, and make sure you take advantage of benefits available to you -- whether it's car rental insurance, travel insurance or emergency roadside assistance. What are other hidden perks of a credit card?

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Where Thoughts and Opinions Converge

Thanks but no thanks. I still prefer to live debt free. I prefer using cash or a debit card. Its better to live within your means.

Same, I believe debit cards are safer as well. Soon I think PayPal will expand the websites it's offered on which is safer to use then either credit or debit. :) ;) :-) :~)

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