While rewards tend to be the star of the show in the credit card world, travel and purchase protections are often overlooked. However, having a card with strong protections on your student credit card can have a significant impact if disruptions or fraudulent activity occurs.
Many cards offer protection if your credit card is used for unauthorized purchases, removing liability from you for charges you did not make. Compared to debit cards, where the cardholder may be out of the cost, this coverage can provide peace of mind and protection for your cash.
Additionally, some cards offer travel protections such as rental car or travel insurance when charging that expense to your card. These benefits offer some protection and peace of mind if something were to happen. Additionally, this may save you the per-day rental or travel insurance cost, allowing you to budget more for your trip directly.
Another perk worth looking into is cellphone protection. When you charge the cost of your cellular plan or the monthly phone payment to your card, you’ll be covered in the event of damage, theft or unintended separation from your device. For instance, if your phone shatters, you may only be responsible for a small deductible instead of an expensive repair if your card offers this benefit.