Purchase Protection A lesser-known perk

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Purchase Protection
A lesser-known perk of some credit cards is purchase protection. Purchase canada whatsapp number data will reimburse you for a recent purchase that is damaged, stolen, and, in some cases, lost. This benefit could potentially save you hundreds—even thousands of dollars.

Cards with Payment Protection include several American Express Cards, plus the Ink Business Cash, Chase Freedom Flex, and the Capitol One Venture X.

When you are getting ready to make a major purchase, make sure you check the benefits of each of your cards to see which ones have the most appropriate purchase protection.

Tax-Free Profits
Credit card rewards are not considered income by the IRS, so you can enjoy your rewards without paying taxes on them, even if they’re in the form of cash.

How to Lose Money on Credit Cards
Making money on credit cards is easy. All you need to do is use your credit cards instead of cash or a debit card to pay for your purchases. In the event you need to file a dispute, or your card is stolen, credit cards are ideal because they have more robust protection against fraud than cash and even debit cards.