Comments on: 3 credit card perks you have (but probably don’t know about)

By: Tip #10: Use the free rewards from your credit card, car insurance, and workplace | I Will Teach You To Be Rich

Fri, 07 May 2010 17:43:01 +0000

[...] 3 credit card perks you probably didn’t know about » AKPC_IDS += "880,"; [...]

By: Neil

Neil — Tue, 21 Jul 2009 04:31:30 +0000

I called both my Chase Mastercard and my AmEx Blue Card and both said that they do not have Trip Cancellation Coverage. Does anyone know what cards do have that as a perk?

By: Robert Peaslee

Robert Peaslee — Wed, 15 Jul 2009 19:38:05 +0000

@moviewithnotitle:

Just because you use a credit card doesn’t mean you are living outside of your means. I use a (fee free) AmEx card for 95% of my purchases – I pay it in full every month, and get the advantages of the said services plus cashback perks. I’m saving around 3% per year on living expenses using my credit card, and also get the advantages of having my purchasing finances in one place, with tools that show where I’m doing my spending, and in a format that is easily exportable to my personal finance software.

A credit card is a tool. Be responsible and let it work for you.

By: moviewithnotitle

moviewithnotitle — Wed, 15 Jul 2009 16:21:51 +0000

Not sure if any of you realize this, but your still losing with these services. You’re paying to get the AmEx card and the supposed benefits that come with it! Concierge services…A little due dilligence on the computer can get you similiar. Replacement cards, REQUIRED in my book. Travlers checks, I can get them too through my bank under emergency situations. No perks or benefits here that other than maybe the warranty that might or might not be needed. But for those that say “well at least I have the warranty” your hedging your bet that the product you bought it will break.

RULE #1, you will never get rich owning a credit card of any type! Just like the house in Vegas, they always win!

Don’t get me wrong people, Rammit’s site is GREAT, and full of lots of really good information, but the above is some information for the trash. Dump your CC’s and live within your means. The only good reasons to have a Credit Card is for online purchases, and emergencies!

By: Valor

Valor — Wed, 17 Sep 2008 02:43:32 +0000

The Nordstrom Visa card is, IMO, a much better deal.
-my rate is pegged (NOT introductory) at “prime”
-free concierge services (I have the Signature card) — this is great. I use it quite frequently; I travel a LOT
-NO annual fee
-travel points (one point per $)
-all the same travel benefits
-no over-limit fees (also does not get reported to agencies)
-very generous late-payment policy
-true 21+ day interest-free float
-no interest on last month’s purchases

I know this kinda sounds like an ad, but I’m always just completely impressed whenever I have to deal with them–no outsourcing the call center to India, when my card number got stolen, they called me, overnighted me a new one, immediately, and preemptively removed the charges, etc. etc.

The kicker: the first time I tried to pay my bill over the phone, a REAL person answered. even at the beginning of the automated system, the actually say you can press “0″ for a live human.. absolutely incredible!

By: Credit card perks you didn’t know about (part 2) @ ZDima.net

Credit card perks you didn’t know about (part 2) @ ZDima.net — Mon, 01 Sep 2008 12:23:58 +0000

[...] about (part 2) Posted on August 26, 2008 by Ramit Sethi. Categories: Contributors, Personal.See Part 1 of credit card perks you don’t know about. Marketers know that it’s much more cost-effective to serve your existing customers rather than [...]

By: KCDesi

KCDesi — Wed, 27 Aug 2008 15:31:45 +0000

I have had great experience with AMEX about the extended warranties. But had worse experience with MasterCard.

MC was asking me lots of paperwork including the receipt, warranty info, statement copy etc. etc.,, I never had such issues with AMEX. They were very reasonable and I got my money within a few weeks on both instances.

BTW I have a fee free AMEX card.

KCDesi

By: Amal Rhoe

Amal Rhoe — Fri, 08 Aug 2008 20:03:12 +0000

The company I work for, CardOffers.com, actually has a section in the “CardPerks” that will let you know the benefits you receive with every major card. It’s a free service. You can also register your card in the “Membership” section to view your perks at any given time. The site gives you the tools to shop and compare cards. I once read that people should do the same type of comparison shopping for their credit cards as they do with their home and auto loans. With the current economy, we should be making our money work for us.

By: Donna

Donna — Wed, 23 Jul 2008 01:52:37 +0000

You must be good, really good if you can teach me to be rich.

By: Frisco Kid

Frisco Kid — Tue, 22 Jul 2008 17:30:21 +0000

I have a Amex Platinum and a Mastercard with similar benefits.
These benefits and a lot of others are usually detailed in the fine print booklets that come with the card; you know the ones – usually thrown away.

Filing a claim for purchase protection is not unlike filing a medical claim or Auto damages claim. Be prepared to have accurate documentation. If a theft is involved – even if in another country – get a police statement.

As far as exclusions go, the trick is to think a minute about what is not excluded. The product is good for something if you can figure out what.

BTW – the concierge service with the Amex Platinum is great for restaurant reservations. So is the Airport Lounge hook up if you travel enough.