Credit card companies offer so many benefits, it’s easy to forget most of them as soon as you’ve signed up for a card. Some of the perks, like purchase protection plans, can be valuable, however. Check out the perks for all your credit cards and make note of which ones carry purchase protection plans. If none do, you might consider shopping for a card with a plan you like. Next time you make an important purchase, remember to use that card to pay for it.
For cameras, computers, and other electronic goods most likely to get stolen or damaged, you can speed up the process by keeping a list of serial numbers and accompanying receipt numbers in a secure place so you can make your claim and purchase a replacement in a timely manner.
If you’re shopping for a new credit card, purchase protection plans are just one perk you should be aware of before you settle on a card. Cards with more perks are generally offered to customers with good or excellent credit scores, and they are more likely to carry an annual fee. Use our credit card comparison tool to look at all the benefits a card has to offer, including purchase protection plans. Be sure to balance card benefits with any annual fees and other expenses before you make a decision.