10 reasons to use your credit card – Part 9: trip interruption/cancellation insurance

I’ve talked about risks associated with traveling in earlier posts in this series. Credit cards are amazing for protection against unfortunate events along your travels, and apparently they are helpful even if you cannot make your trip or cannot complete your trip for unforeseen reasons.

Continue reading 10 reasons to use your credit card – Part 9: trip interruption/cancellation insurance

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10 reasons to use a credit card – Part 7: Rental car insurance

For those of us that travel and drive often, rental car insurance is a pretty big concern. You hit the road with a car that you have never driven before, and drive hundreds of miles a day to see the Grand Canyon, the Yosemite, the Hoover Dam,….

The Grand Canyon, courtesy of Papillon.

Accidents are a real risk, and can ruin your trip, especially when you are thousands of miles away from home in unfamiliar territory. Rental car agencies understand the fear, and sell product that insures you against rental car accidents. Added together, these insurance products can be more costly than the cost of renting the car itself.

car accident

One of the most popular insurance products for rental cars is collision damage waiver, a policy that releases you from the liability for any damage taken on the car during the rental period. This service usually costs around $15 plus tax a day. It’s really not a bad idea to pay $15 a day for the peace of mind. But if you travel a lot, it adds up quickly.

Continue reading 10 reasons to use a credit card – Part 7: Rental car insurance

10 reasons to use a credit card – Part 6: price protection

Have you ever bought something from a website or a store and realized a month later that the exact same thing was being sold elsewhere for much cheaper? That TV you had bought from Best Buy the week before for $600 was selling for $500 on Newegg? In my college days, I hated it every time it happened.

Lower price on something you've already purchased. What to do?
Lower price on something you’ve already purchased. What to do?

And then I got a credit card, and I’ve never had to feel that way again.

Continue reading 10 reasons to use a credit card – Part 6: price protection