While some believe credit cards are entirely evil, there are some credit cards which come with perks that can be well worth your time and effort.
Indeed, a number of credit cards have less advertised perks, as opposed to airline credit card deals that we all hear about frequently, there are other great incentives many of us don't realize are available — no special rewards program or extra fee required.
If you are interested in saving money on things like rental car insurance and warranties, check to see what kind of perks your credit card comes with.
Warranty and Price Protection
Some credit cards offer you extra warranty protection on items you buy entirely with a credit card.
These warranties sometimes cover the items for longer than the manufacturer warranty. Find out the warranty policy with your credit card, and then you can save money by getting that protection at no extra charge — no need to buy an extended warranty.
You might also have price protection. Some credit cards will credit you the difference between what you paid, and the new price, if there is a price drop within 90 days of your buying an item. This can help you avoid the buyer's remorse that can come when something goes on sale a week after you bought it.
If you want to take advantage of these credit card perks, you will need to understand the policies and make sure that you save receipts and other documentation that the credit card issuer may ask for.
Travel Insurance and Perks
Many credit cards also come with travel perks that can save you money. One of the most useful perks is rental car insurance coverage. Instead of paying for it at the rental car company, you can get it through your credit card.
Pay for the car rental with the credit card, and you are likely to be covered. Make sure you find out about the requirements ahead of time.
You will likely have to sign a waiver at the car rental place declining that coverage. Make sure you know exactly what your credit card issuer is insuring against.
Other travel insurance perks that may come also include lost baggage insurance, trip cancellation insurance, and travel accident or travel emergency insurance. Before you book your trip, find out what your credit card offers, and then use that card to make all of your arrangements.
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Waive a Fee
Some credit card issuers will allow you to waive one fee each year, just for asking. (Some require you have an account in generally good standing for this.)
If you are a good customer, you might be able to convince your credit card issuer to waive an annual fee, cancel a balance transfer fee, or lower your interest rate. It's not exactly a perk, but it's something that can save you money.
One of the more unique (and lesser known) perks is being able to get into museums for free.
If you have a credit card from Bank of America, then you can get into over 150 museums across the United States on the first weekend of every month.
Let’s be honest, just about everyone does their gift shopping online. When Christmas comes around, those shipping fees can quickly add up. If you have an eligible American Express card (Premier Rewards Gold Card), you can get free shipping from around 150 different stores.
All you have to do is active your card in their ShopRunner membership and you’ll get two-day free shipping on any of the participating stores.
Uber Rides Credit
Another cool benefit you can get is $200 in Uber savings.
If you have an American Express Platinum Card, then you can get up to $15 every month for riders. You can also get a $29 credit in December.
If you use Uber a lot, this can be a nice perk to get around town for free.
Access to Concerts
While most people are trying to get extra miles on their credit card, if you have a Citi ThankYou Preferred Card, you could be getting tickets to some of the hottest concerts near you.
Cardholders can buy tickets to different sporting events, dining experiences, concerts, and much more. For some select cardholders, you can even get free movie screenings.
Cell Phone Insurance
Who hasn’t dropped their phone in the water or dropped on the pavement?
Breaking your phone can quickly ruin your day. If you have a Wells Fargo Cash Wise Visa Card, then you could enjoy some complimentary cell phone insurance.
If you pay your monthly cell phone bill with your credit card, you get $600 worth of insurance cell phone coverage, with a $25 deductible. You can get the protection for up to four phones on the bill.
Many of us pay for things that we don't need to pay for — because they're already provided by a credit card. You can call your credit card issuer, or request a copy of perks so you understand what you already have for an extra charge.
And, before you use your credit card, make sure you understand the requirements and policies associated with them, so as to avoid nasty surprises.