They may sound impressive, but they're not. When choosing a card, know which features are a snow job so you can focus on the truly useful attributes.
To stand out in the highly competitive credit card market, issuers often load up their advertising with features and perks that sound impressive. But the truth is, some just aren’t.
1. Zero fraud liability Nobody wants to be liable for unauthorized or fraudulent charges on their credit card when it’s so common. The number of “data compromises” in 2021 hit an all-time high, with many involving payment card information, according to the nonprofit Identity Theft Resource Center. 3. No over-limit fees Credit cards used to charge a penalty fee for charging more than your credit limit. They generally don’t anymore, thanks to federal protections, namely the Card Act of 2009.
But no self-respecting travel card should charge them, and the vast majority don’t. Yet you can bet it will be a prominent feature listed for some points-and-miles-earning cards anyway.5. Metal cards Choose a credit card based on the quality of the card itself, not what it’s made of — or whether it makes a tinkling sound when you drop it on the table. Your wallet will thank you.6. Fraud early warning/monitoring This sounds great, right? “Get a heads-up on suspicious activity in your account.
7. Card lock Called various names — like a freeze or quick lock — this service lets you essentially “turn off” a credit card that you’ve lost or misplaced, to foil thieves. It’s a neat and potentially highly useful feature, but it’s not unique, at least not anymore. Most of the major card issuers offer some version of card lock.8. Contactless pay Also called “tap to pay,” this is often touted.
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