alonelywriter

In the present time credit cards are an essential item that every one must have. There are various reasons you can’t live without a credit card. Here are some benefits of credit card explained :

Purchase Protection

There is total purchase protection that is available with a credit card that you can avail if there is something stolen or damaged. E.g. you bought a tv with a credit card and its software got damaged, purchase protection will cover it for you. But you must check with your cards benefits guide to read how much coverage is available because different cards offer different coverage.

Price Protection

Now various card issuers are dropping price protection but some still have it. Price protection means if you bought something for $400 and its price drops lets say $100 you can claim from the credit card company and they will issue you the difference as a refund. There is a window in which you can claim it but not more than 100 days.

Extended Warranties

If you are buying with a credit card there are high chances that you will get extended warranties usually at least another year on top of what the manufacturer is already offering. E.g. If the item is eligible you can get an additional 2 years warranty. This is helpful because you will get coverage for the cost to repair the item if anything bad happens or even can replace it.

Guaranteed Returns

What Guaranteed returns means is exactly what it says you can return any item that you purchased with your credit card if the store isn’t taking it back. You just have to explain what is the problem to your credit card company and you will be reimbursed with the amount.

Cell Phone Protection

There are various credit card companies that offer you cell phone protection specific for cell phone purchases. This means you will be reimbursed with a particular amount of money if your phone is stolen or damaged. But there are some rules like some deductibles or cap on the amount you can claim.

Safety While Shopping Online

When you purchase from an online shop with your credit card there are some risks like getting carded. But shopping with a credit card gives you an advantage that you can refund any amount deducted from your account. Also if you are interested in reading about Carding then you should visit fssquad.com - Carding forum.