4 Best Hidden Credit Card Perks

Credit card perks are one of the main reasons that most individuals make their large purchases with a credit card. While everyone knows about getting reward points, there are many hidden credit card perks that you might not even know you have. Here are some of the best hidden credit card perks that you might be eligible for.

1. Rental Car Collision Damage Waiver

When you rent a car, the chances are good that the person at the rental counter is going to try to sell you insurance on the car. Many people spend the extra money to purchase this insurance because they are afraid of having to pay for the car if they are in a wreck. However, if you are making the rental payment with a credit card, you may not have to worry about this. Many credit cards offer rental car insurance if you pay for the car with the card. This can be a significant source of savings if you regularly rent cars or keep them for extended periods.

2. Extended Warranty

Many credit cards also offer extended warranty coverage on many different products that you buy. If you make a lot of big-ticket purchases on electronics, this could be a great benefit for you. For example, whenever you buy a big-screen TV, many establishments are going to try to sell you an extended warranty on top of the purchase price. In many cases, this can amount to several hundred dollars. However, if you purchase the TV with a credit card, there is a good chance that you have an extended warranty already. Many credit cards will provide an extended warranty of twice the regular warranty. This service is provided to you at no cost in most cases. Therefore, you can avoid paying the extra money for the extended warranty and hang onto your money.

3. Purchase Protection

You will also be able to benefit from purchase protection with your credit card. This means that if you purchase something and you do not like it, you can cancel the transaction or return it to the store. This is the case even if you are dealing with a store that does not have a return policy. You can simply take it back to the store, and the credit card company will not pay the merchant. This gives you a lot of power when you are making purchases because you are not tied to one if you do not like it.

4. Roadside Assistance

Another benefit that many people do not realize they have with their credit card is roadside assistance. Many credit cards offer roadside assistance programs for free just for being a customer. If you are driving down the road and you run out of gas or have a flat tire, your credit card company might be able to arrange for someone to help you.

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