What is your favorite CC benefit?

Anonymous · ‎02-19-2012

There are a lot of card out there that offer great benefits, some not too much. I was just wondering what is your favorite CC benefit, of the card that you currently own? I know we are in that age of rewards but would a good set of, or should I say lack of benefits, be a deal breaker for anyone of you?

Anonymous · ‎02-19-2012

@Anonymous wrote:
There are a lot of card out there that offer great benefits, some not too much. I was just wondering what is your favorite CC benefit, of the card that you currently own? I know we are in that age of rewards but would a good set of, or should I say lack of benefits, be a deal breaker for anyone of you?

I don't have any fancy cards but I think my favorite benefit is the purchase protection on Amex, where they will refund an item up to 3 months after it was purchased if its defective, broken, or stolen. Sure 3 months is not a long time but I find that if there's something wrong with an item it will usually manifest within a couple months of purchase, but may be outside the normal return period especially for electronics.

Runner up would probably be the complimentary cell phone insurance that comes with Citi Forward. If you pay your cell phone bill with the card each month and you lose or break your phone, they will automatically credit you $250 towards the cost of a new phone as long as you also pay for that phone on the card.

CreditScholar · ‎02-19-2012

Hands-down: cards that grant status or status-like benefits. These are immensely valuable to me.

I really, REALLY hate airports. My favorite benefits? Priority check-in, priority security lines, priority boarding, priority luggage and airport lounge access. Combined they make what often is a living hell, moderately tolerable.

The same thing goes with status at hotels. I don't care as much about room upgrades, but priority check-in and late check-out is a life-saver. Nothing is worse than sitting around until 6 pm for a flight because check-out was at 11 am.

Life is difficult enough as it is sometimes. I want benefits that make my life easier. It's that simple.

EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL

Anonymous · ‎02-19-2012

@Anonymous wrote:
@Anonymous wrote:
There are a lot of card out there that offer great benefits, some not too much. I was just wondering what is your favorite CC benefit, of the card that you currently own? I know we are in that age of rewards but would a good set of, or should I say lack of benefits, be a deal breaker for anyone of you?
I don't have any fancy cards but I think my favorite benefit is the purchase protection on Amex, where they will refund an item up to 3 months after it was purchased if its defective, broken, or stolen. Sure 3 months is not a long time but I find that if there's something wrong with an item it will usually manifest within a couple months of purchase, but may be outside the normal return period especially for electronics.

Runner up would probably be the complimentary cell phone insurance that comes with Citi Forward. If you pay your cell phone bill with the card each month and you lose or break your phone, they will automatically credit you $250 towards the cost of a new phone as long as you also pay for that phone on the card.

I have bought so many items over the years that buyer's remorse kicks in right after the 30 day return policy kicks in. That would be a great perk, I hope I can get it within this year - the card that is