Some of the main characteristics of cards you want to look at are rewards rates, sign-up bonuses and annual fees. But if you’re comparing two cards that are similar in those regards, the following benefits could help you decide which card to pick.
Rewards rates: If you’re choosing a card for building credit like a secured or student credit card, then having a rewards rate at all can be a major plus.
In travel cards particularly, you should look at what types of travel insurance and protections it offers. Some common ones are trip cancellation/interruption insurance, baggage delay insurance and emergency assistance services, among others.
Concierge service: Concierge services can help you make arrangements for travel, restaurants, entertainment and more. Some cards offer complimentary concierge service as a perk.
$0 fraud liability: If your card is stolen and used to purchase something, you won’t be held liable for it with a card that has $0 fraud liability.
Purchase protection: Purchase protection can cover new purchases against damage or theft for a period of time and up to a certain amount.
You can check the issuer’s website or the card’s terms and conditions to see if a card offers any of these.