8 perks that might be hiding in your credit cards

first_img 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Credit cards often get a bad rap, and deservedly so. They aren’t for everyone, and even the most responsible people can get into trouble if they find themselves amid a layoff or an expensive illness. But when everything is going well, and you know what you’re doing, credit cards can save you a lot of money.However, you have to know your credit card, and know it well. Because if you don’t, you may be unaware of the plentiful perks some credit cards offer, and if you aren’t taking advantage of those perks, well, in a way, you’re back to losing money.So check the fine print. These are some of the many hidden perks you may be entitled to when using your credit card.Rental insurance. Thomas Nitzsche, a spokesman for ClearPoint Credit Counseling Solutions, headquartered in Atlanta, found himself with a problem last year after renting a car to drive from Missouri to Georgia.“I was street-parked for three days where I was staying in Atlanta, and when I returned to the car, I noticed I had been hit on the rear bumper,” Nitzsche says. “The bill to fix the car was nearly $800.” continue reading »last_img