2 years ago, when I had just started this blog, the Discover More was one of the first credit cards that I reviewed. Since then, Discover Financial Services has replaced the card with the Discover It which is in many ways the same as the Discover More. I personally still have the Discover More, but most people these days have already switched over to the Discover It. It is about time I reviewed the Discover It as well.
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.
I don’t seem to have good luck with checked in baggage. For the approximately 20 one-way trips I have made with checked in bags, I have had baggage delay 3 times, all within the past 2 years. One of these times, on my flight from Seattle to Boston in December 2013, I had an opportunity to test out the baggage delay reimbursement feature of my credit card, the Barclaycard Arrival World Mastercard (later name changed to the Arrival +).
So it’s Halloween, and a cunning elf breaks into your house and steals your Xbox One for his early Christmas gift. You are angry because you just bought it for yourself 3 days ago as your main entertainment through the end of the year. What do you do?
Well, you’d better have used your credit card to buy the Xbox One, because then you’d benefit from purchase protection.
It is almost the holiday shopping season, the merriest time of the year for all, and the most profitable time for the retail industry, and I’m sure each of us has our own shopping list for Thanksgiving and Christmas. And every year, millions of dollars’ worth of stuff is returned to stores right after the holidays. If you have a change of heart about a gift you bought and try to return the gift for a refund ….
In this time and age, e-commerce is gradually replacing physical store transaction as the preferred method of shopping. And with this comes the variety of online stores that sell everything under the sun. While reputable sites such as Amazon and Newegg have standard policies regarding product quality and warranty, others are not generous or clear about their policies. Do you trust the store enough to buy from them? What if you pay the money and they never ship the goods? What if you pay for one thing and they ship another? What if the goods come in broken?
Luckily, credit cards provide you with insurance against the undesirable situations.
Many years ago, before I came to America, I was studying for the IELTS test. The IELTS is a test of English language skills that students coming from countries where English is not the official language have to go through if they want to study in an English-speaking country. For the listening portion of the test, exam-takers listen to an English conversation to answer questions related to the conversation. The conversation topics are sometimes specific to the country that administers the exam: either the UK or Australia.
One of the questions from the listening portion left me really confused at the time, so confused that I still remember it today. Actually the question was easy to answer; it was the content of the question that was not understandable to me. The conversation occurs in a store where the guest is asking whether the store accepts Discover or American Express, to which the waitress responds that they only accept Visa or Mastercard. I had never heard of these names before, and would not until years later when I actually set foot on a country where credit card use is the norm. My reaction at the time was something like: What? What’s American Express? A newspaper? OK, Mastercard is probably a card, but what about Visa? Is it the same sort of thing as a tourist visa? Continue reading Visa, Mastercard, Discover, American Express: What are they really?