November 11th, 2013

Little Known Credit Card Benefits That Could Help You This Holiday Season

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Little Known Credit Card Benefits That Could Help You This Holiday Season

If you’re like the typical American, you’ll probably be using your credit card a good amount this holiday season. But did you know your credit card may be able to do a lot more than temporarily pay for that sweater you’re buying for your mom? Check out some of these credit card perks from our partners that could make this holiday season a little easier for you.

Purchase Protection

If your child has the tendency to drop fancy electronics on the floor or you’ve been robbed more than once, you should look to see whether your card offers purchase protection. Typically, cards with purchase protection guard eligible purchases against accidental damage or theft for a certain amount of days from the date of purchase. Obviously, this doesn’t give you the right to go around breaking all your purchases, but you can have peace of mind, knowing that in general, your new items will be safe.


Price Protection

If you don’t have time to search for the best deal for each gift you’ll be buying this holiday season, you’ll love having price protection on your card. Typically, if your card offers this, your card provider will cover the difference if you see an item you purchased at a lower price within a certain amount of time. Sounds like a deal to us!

Which cards? This perk is included with many cards, including the popular Discover It® card.

Unique Experiences

If you’re having trouble shopping for a picky loved one, why not get them a unique experience that you may not be able to buy with regular money? With many cards, you can use your bonus points to purchase tons of experiences, from VIP access at must-see events, to culinary experiences, to walk-on roles on your favorite TV shows. Chase even offers ninja lessons

Which cards? Many cards offer unforgettable experiences, but if you’re particularly interested in those ninja lessons, try checking out the Chase Sapphire Preferred® card.

Auto Rental Collision Damage Protection

If you’re renting a car to visit your family this holiday season, check to see if your card offers coverage for auto rental damage due to collision or theft. Driving a different car in areas you’re not familiar with is nerve-wrecking enough—let your card worry about the insurance for you.

Which cards? As with many of these perks, the theft and collision coverage is included with many cards, including any standard, reward or premium reward Visa cards.

Bottom Line: Nowadays, credit card companies are coming up with more and more incentives to entice consumers to sign up for their cards. Take advantage of those perks this holiday season and you just might make this the most wonderful time of the year!

Editorial Note: The editorial content on this site is not provided by the bank or issuer. Opinions expressed here are author’s alone, not those of the bank or issuer, and have not been reviewed, approved or otherwise endorsed by the bank or issuer. Credit Karma may be compensated by companies mentioned through advertising, affiliate programs or otherwise. It is this compensation that enables Credit Karma to provide its members with services like free access to your credit scores and free monitoring of credit and financial accounts at no charge.

 

Jenna

is Credit Karma‘s Social Media Manager. Although her specialty lies in creating witty post-it notes, she also enjoys sharing all the financial information she’s learned since joining Credit Karma in February 2012. When she’s not working, you can probably find her trying out a new dessert recipe or learning/perfecting any musical instrument she can get her hands on. She may or may not have created a Twitter specifically to put in this byline. Say “hi” @leejennaa!

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Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and accurate. However, Credit Karma does not make any guarantees about the accuracy or completeness of the information provided. For complete details of any products mentioned, visit bank or issuer website.

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