Credit cards come with several hidden benefits. Are you aware of some of the perks of using your card? Credit card companies offer multiple bonuses to help you get the most out of your card.

Check the terms of your credit cards for these benefits:

  1. Roadside assistance. Did you know credit cards often offer roadside assistance similar to AAA?
  • This perk varies considerably based on your credit card provider. Companies either offer free service or a paid service. You must carefully check the policies as you sign up for this perk.
  • If you’re stranded and need help, roadside assistance can rescue you.
  1. Longer warranties. Your credit card may extend your warranties. Did you purchase an appliance or electronic device with your favorite credit card?
  2. Protection from cancellations. Did you miss your concert or play? Credit card companies can refund the money you spend on tickets. However, you have to use the card to make the initial purchase.
  3. Even if it’s your fault you missed an event, you might still get a refund. Some carriers only provide this service, so check your card before you claim this benefit.
  1. Exclusive access while you travel. The fancy airport lounges can be yours if you have the right card.
  • Credit cards can offer you the chance to stay in the best airport lounges and hotels at no extra charge. These exclusive offers vary greatly based on your card, but many will grant you special access. Enjoy a unique cocktail or appetizer while you wait for your next flight.
  1. Extra help while you travel. The lounges are just one travel benefit. If you have an emergency while you’re traveling, credit cards can help you. They offer services such as insurance to help you if your luggage disappears or your phone is lost.
  • Companies can offer assistance in several ways. They may replace the luggage or send you money so you can replace it yourself. They may also help you track down the bags.
  1. Replacing stolen items. Was an item you purchased stolen?
  • If one of your purchases is stolen, credit cards can help you. You can report it to them if you paid for the item with a credit card. This will vary by provider, so check your card.
  • Items that can be replaced vary from electronics to furniture. However, only some things are covered. For example, stolen food is covered by only some cards.
  1. Help return items. The sweater you purchased is too pink, and the shoes are too tight. Your credit card can help you return these items.
  • If the person or business refuses to return the items, the credit card will refund it anyway. This is done within 90 days of the purchase.
  • You must save the receipt and tags to ensure everything is covered.
  • Credit cards limit how much money can be refunded, so costly items are usually not covered. In addition, some things like food may not be a category that falls into the help section.

Credit card perks are often hidden in the fine print. However, you can benefit significantly by being aware of these benefits.