Six Hidden Credit Card Benefits You Might Not Know About

There are innumerable benefits of having a Credit Card and here are the best benifits you may not know.

6 Benefits of Having a Credit Card

1. Theft Protection 

If you have purchased electronic items like laptop, mobile phone, airpods, and many other items using your credit card, you can get a theft protection, i.e. you can claim insurance on your lost item and buy a new one.

2. Price Drop Insurance

Let's say you bought IPhone at INR 75,000 and the price dropped to INR 65,000 in next 2 months, you can claim INR 10,000 from your bank if you had purchased the phone using that credit card.

*All types of credit cards might not offer this, please check with your bank.

3. Roadside Assistance

This can be useful if your vehicle is stranded, due to a dead battery, flat tyre or has run out of fuel, among other issues. If you own a vehicle that is prone to break-downs, a Credit Card roadside assistance offered by banks at a minimal cost, can serve as a backup plan.

4. Emergency Travel Benefits

One of the hidden benefits of a Credit Card is getting an emergency security for all your travel needs. 

These advantages can be utilised in case your baggage is lost or if your flight gets delayed or if you get hurt while travelling.

5. Airport Lounge Access

You can enjoy free lounge access at the airport and railways if you have purchased a specific travel-related Credit Card.

If you are a frequent traveller, such Credit Cards can be useful for you, as you can avail a travel holiday voucher, on joining.

6. Extended Warranty 

This advantage enables us to extend the warranty for an additional (upto) two years.

This feature is generally comprehensive and it is included in many Credit Cards, at no extra cost.