Card Security?

[maiden_girl]

Does anyone have it by any chance? It read that it was around $2 per month and that they only charge you if you have a balance by the statement cut. Kinda like insurance if you suffer from unemployment or hospitalization. Is it worth having?

[jsucool76]

I've heard horror stories about people habing this bur due to fine print their situation voided their eligibility.
I know one prrson who it worked for, but it was in the 90s. I think things were a little different back then.

[snowkitty]

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@maiden_girl wrote:

Does anyone have it by any chance? It read that it was around $2 per month and that they only charge you if you have a balance by the statement cut. Kinda like insurance if you suffer from unemployment or hospitalization. Is it worth having?

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I've been curious about this as well. Anytime I call in to most of my cards, I get offered this and have always said no. It sounds good but I wonder how many hoops you would have to jump using it just like any other insruance.

[maiden_girl]

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@jsucool76 wrote:
I've heard horror stories about people habing this bur due to fine print their situation voided their eligibility.
I know one prrson who it worked for, but it was in the 90s. I think things were a little different back then.

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I would imagine!!! Everytime I open a GE card, I'm always offered and I decline. I feel like I should have said yes b/c I'm at a point now where I kinda need it...O_O