When it comes time to look for the perfect travel credit card, many people focus on fun features such as airline lounge access or the ability to earn free trips. And, the best credit cards often do provide great travel perks and the chance to fly for free by earning miles for spending.
But when you decide to compare credit cards, remember that travel cards can also provide other cardholder benefits that may not be as fun to think about. However, they’re just as important – if not more so.
The following benefits could be there for you when things go wrong and potentially save you from financial loss and unnecessary stress.
1. Rental car insurance
Many credit cards offer something called a Collision Damage Waiver (CDW), which provides coverage for loss or damage to a rented vehicle in the event that it’s damaged, or stolen.
You don’t want to end up being responsible for covering the car’s costs in the event something goes wrong. A travel card that covers rental car insurance can help make sure that doesn’t happen. While you can buy this type of insurance from a rental car company, it’s an added cost that you won’t need to incur if you look for a travel card that offers it as a cardholder perk.
2. Lost or delayed luggage coverage
Some credit cards are also there to help their cardholders in the event that baggage is lost or delayed.
Your card may provide you with a set amount of money – such as up to $100 per day – to pay for necessities in the event that your luggage doesn’t…
