There are lots of amazing benefits offered by credit cards, and many credit card users are not aware of them. It is possible that you even qualify for these benefits already. Most of these benefits will allow you to prevent extra costs on expenses and give you certain extended privileges. One of the major benefits is cell phone protection which allows you to benefit from up to $1500 in reimbursement per year depending on the credit card issuer.
Below are four credit cards issuers and their cell protection benefits.
Wells Fargo $600:
The Wells Fargo Consumer Credit Card allows you to enjoy cell phone insurance for damage or theft of a cell phone with up to $600 per approved claim. With a maximum of two paid claims in a 12 months period, you will get a reimbursement that is limited to the repair or replacement of your original cell phone and a $25 deductible. Please note that you have to pay your monthly cellular telephone bill with your credit card to qualify for this benefit.
Chase Freedom Flex $800:
The Chase Freedom Flex Credit Card allows you to enjoy cell phone protection for up to $800 per claim for a maximum of $1000 per year. This covers scenarios such as phone damage, or theft. All you have to do is ensure you pay your monthly cell phone bill with your card. Each claim comes with a $50 deductible.
Chase Ink Business Preferred Credit Card $600:
The Chase Ink Business Preferred Credit Card covers up to $600 per claim with a maximum of three claims and $1800 per 12-month period on damaged or stolen cell phones. All you have to do is ensure you use your credit card to pay your monthly cell phone bills. Coverage can also extend to employees if they are listed on the monthly cell phone bill. Please note that the coverage is supplemental to other qualifying insurance. Also, there is a $100 deductible per claim.
Citi Prestige Card $1000:
The Citi Prestige Credit Card allows up to $1000 per claim with a $50 deductible on damaged or stolen cell phones. The benefit covers up to five cell phones and you have to pay your monthly bill with your credit card. You have a maximum of $1500 per year.
Credit Card Benefits:
Below is a list of some key benefits you can access with your credit card. Please note that these benefits may vary with the credit card issuer.
- Extended Warranty Protection:
This benefit allows your credit card extends the standard warranty on purchased items by up to an additional two years of protection. While the coverage on credit cards may vary, you may score benefits like maximum repair and replacement value or some original items such as televisions and laptops. This extended warranty protection benefit in most cases comes at no extra cost. - Return Protection:
Return protection allows you to extend the time for you to return a qualified purchase item. All you have to do is ensure you purchase such items through your participating credit card. Also, note that such an item qualifies for a return and it’s still in great condition even if it’s opened and such opened item qualifies for a return. - Purchase Protection:
Some cards offer this benefit which allows you to score up to $1000 in coverage per item that was damaged or lost within 90 of purchase. - Price Protection:
While not many credit cards offer this benefit, it allows you to save a great deal after purchase, and the price drops within 60 to 120 days. Once that happens, you will be refunded through your credit card. - Cell Phone Insurance:
This is a common benefit of credit cards. This benefit covers damage or theft of your mobile phone. All you have to do is pay your monthly bill with a card that offers this coverage, and you may qualify for up to $600 on three or four mobile phones depending on the credit card issuer policy. - Roadside Assistance:
With this benefit, you can be sure to expect services like towing, lockout assistance, winching, or even fuel delivery on vehicles. - Trip Insurance:
Unexpected scenarios can take place during a trip. This benefit covers such scenarios and depending on your card and its coverage, you can relax in situations such as canceled flights, lost luggage, and situations regarding family members that need you to cancel your trip. - Rental Car Insurance:
This benefit allows you to cover possible potential costs if your rental car is stolen or damaged. Be sure to check if your card qualifies and know the best coverage package for you. - Concierge Service:
This service allows you to save time with tasks such as restaurant reservations or researching emergency electricians, and you can access your personal concierge via phone or email.
Also, you can check with your card issuer to learn more about the benefits included on your card.
