Credit cards not only make credit available easily and conveniently, they also make readily available a host of other essential credit card services that are of great advantage to card holders.
Here are some of the common credit card services offered by most of the major credit card companies:
• Automatic Bill Payments – you do not have to worry about missing a payment due date for your recurring expenses such as utility and phone bills, insurance premiums and cable subscriptions among many others. Check with your creditors and set up an automatic payment account through your credit card if your creditors so allow. Your monthly payments will be automatically charged to your credit card account when due.
• Consumer Protection – this encompasses several services such as warranty protection which extends the purchased product’s warranty to more than what is regularly offered by the manufacturer or store, lowest price guarantee which reimburses the price difference if you discover that the exact same item you purchased is offered at a lower price within a pre-defined period, and theft protection which offers reimbursement of the purchase price when the item purchased is stolen within a pre-defined period.
• Global Assistance – you can call your credit card consumer service 24/7 when you need any assistance concerning travel related matters such as directions to your destination, calling a cab, restaurant reservations or roadside assistance in cases of emergency.
• Insurance coverage – this includes coverage for your purchases or travel related incidents or accidents.
• Personal Alerts – this provides important reminders such as when the card is about to reach the set credit limit or credit balance, as well as, when payment is due.
• Other credit card services – common offers to card holders include easy balance transfer, protection against identity theft, statement correction or reimbursement of payment for contested charges.
Different card providers offer different sets of credit card services. So, when performing a credit card comparison make sure to check out their respective services to get a better picture of your credit card’s overall value.
