We all know credit cards offer rewards programs that translate your spending into points, miles, or cash back. But did you know your plastic companion might be hiding a treasure trove of additional credit card perks? These hidden gems can save you money, provide extra security, and even offer unexpected convenience. Let’s delve into the world of lesser-known credit card perks available to Canadians and discover how to unlock their potential.
Price Protection
Ever buy something only to see it advertised for a lower price the next day? Fear not! Price protection is a perk offered by some credit cards, allowing you to recoup the difference if a qualifying item goes on sale within a specific timeframe (usually 30-90 days) after your purchase. Imagine buying a new TV, only to find it discounted a week later. With price protection, you could file a claim and get reimbursed for the price difference!
Extended Warranties
Manufacturer warranties are great, but they often expire quickly. This is where extended warranty perks come in. Some credit cards automatically extend the manufacturer’s warranty on eligible purchases for a set period (often doubling the original coverage). This can provide peace of mind and potentially save you money on repairs down the road.
Purchase Protection
Let’s face it, accidents happen. If you accidentally damage or have your purchase stolen (within a specific timeframe), purchase protection can come to the rescue. This perk reimburses you for the covered item’s value, offering an extra layer of security for your belongings.
Travel Insurance
Planning a trip? Look no further than your credit card! Many travel rewards cards offer built-in travel insurance, covering things like trip cancellation, trip interruption, and baggage delay. This can save you a significant amount of money compared to purchasing separate travel insurance. However, coverage details vary by card, so be sure to review your specific benefits before relying solely on your credit card coverage.
Global Entry/TSA PreCheck
Airport security lines can be a nightmare. Certain premium credit cards offer application fee credits for Global Entry or TSA PreCheck programs, which expedite the security screening process. This perk can be a lifesaver for frequent travellers, allowing you to breeze through security and get to your gate faster.
Mobile Device Insurance
Our smartphones are essential parts of our lives. Some credit cards offer mobile device insurance, covering accidental damage or theft of your phone. While deductibles may apply, this perk can help offset the cost of replacing a broken or stolen phone.
Concierge Services
Feeling fancy? High-end credit cards often come with concierge services. These personal assistants can handle a variety of tasks, from booking reservations and securing tickets to finding the perfect gift or recommending restaurants. Imagine having someone take care of your travel arrangements or score your exclusive concert tickets – that’s the power of concierge services!
Airport Lounge Access
Travelling can be stressful. Relax and unwind in style with airport lounge access offered by some premium credit cards. These lounges provide a haven of comfort with amenities like complimentary Wi-Fi, comfortable seating, and refreshments.
Apply For the Best Rewards Credit Card in Canada
If you’re looking for top cash back credit cards in Canada with amazing introductory APR offers, visit Great Canadian Rebates. The online platform allows you to compare various credit card offers in Canada and apply for the one that best suits your unique needs and preferences.
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