3 Popular Credit Card Perks That Are Completely Overrated
3 Popular Credit Card Perks That Are Completely Overrated
Some credit card perks don't live up to their name. Learn which three popular perks aren't as valuable as you think.
We all love our rewards credit cards, right?
Hefty welcome bonuses, cash back on everyday purchases, annual flight credits, free travel, and purchase protections.
Who doesn't like earning points, miles, or cash back on things you were already going to buy? True, credit card perks have come a long way in offering cardholders the utmost value. And while many are designed to reward you for spending you were already going to do, some are merely dressed up as "perks," when, in fact, they don't offer much value at all.
- Free subscriptions you'll never use: Many luxury credit cards offer free subscriptions hoping you'll sign up, but these can expire quickly.
- Bonus points for purchases you'll never make: Watch out for bonus points for items you won't buy, like luxury purchases.
- Airport lounges: Understand the reality behind airport lounge benefits and how they might not meet expectations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.