Are You Missing Out On Free Credit Card Benefits?
We all know that the quickest and easiest way to earn points and miles for flights and hotels is through credit card spend, and this is how the majority of people earn their points and miles.
But do you know that many credit cards also offer many other benefits, all of them free? A lot of these benefits are very valuable, sometimes adding up to thousands of dollars in value every year.
What Are the Benefits of Your Credit Cards?
In this blog, which is the first blog in a two-part series, we look at all the major benefits provided by credit cards and provide a brief explanation of each. In our next blog, we will tell you which benefits each credit card provides in Australia.
So, not only will you see the benefits you may be missing out on, but you’ll also see the benefits that other credit cards provide that you could take advantage of if you switched cards or added another card.
Free Travel Insurance
This provides coverage for flight cancellations and delays, lost luggage, stolen money, medical illnesses and emergencies, and much more.
Free Interstate Flight Inconvenience Insurance
This provides coverage for interstate flights within Australia, covering cancellations, delays, lost luggage, and more.
Free Transit Accident Insurance
This provides coverage for accidental injury or death whilst using most public transport.
Free Rental Vehicle Excess Insurance
This provides coverage for when your rental vehicle was rented in Australia and is involved in an accident while you are driving it or is damaged or stolen.
Free Extended Warranty Insurance
This extends the manufacturer’s warranty on eligible purchases made with your card.
Free Purchase Protection Cover
This provides coverage for stolen or broken purchases.
Free Purchase Refund Cover
This provides coverage for the cost of eligible items when a store refuses a return.
Free Smartphone Insurance
This provides coverage for damage or theft of your smartphone.
Free Smartphone Screen Cover
This provides coverage for screen breakage of your smartphone.
Free Price Protection
This provides insurance against finding a cheaper price elsewhere after you have made a purchase using your card. Any price difference will be refunded (up to a maximum amount).
Free Travel Credit Annually
Receive up to $450 per year in travel credit.
Free Flights Annually
This is normally a domestic flight which can be valued at up to $500 per year.
Discounted Flights
This can be for both domestic and international flights and in all flight classes.
Free Hotels Annually
Receive free hotel nights annually.
Discounted Hotels
Discounts are available through Expedia, Agoda, Booking.com and more.
Free Hotel Benefits
These include benefits such as late check-out, free breakfasts, free upgrades, and hotel credit.
Discounted Car Rental
This includes discounts at Hertz and Avis.
Free Car Rental Loyalty Programs Elite Status
This includes Hertz and Avis, giving access to all the benefits of elite status.
Free Dining Credit Annually
Receive up to $400 per year in dining credit.
Free Airport Lounge Access
This includes access to Qantas, Virgin, Centurion, and Priority Pass lounges. Access may be unlimited or limited and may include others or just yourself.
Free Entertainment Lounge Access
This includes American Express Entertainment Lounge Access At Qudos Bank Arena Sydney, Aware Super Theatre ICC Sydney, Rod Laver Arena Melbourne And Brisbane Entertainment Centre.
Free Hotel Loyalty Programs Elite Status
This includes Marriot Bonvoy, Hilton Honors and Radisson Rewards, giving access to all the benefits of elite status.
Free & Discounted Club Memberships
This includes Accor Plus membership, Qantas Wine Premium membership and Qantas Club membership. Accor Plus membership is valued at $399 per year and grants you a complimentary night’s accommodation each year and up to 50% off your dining bill at over 1,100 participating Accor Hotels restaurants.
Free & Discounted Subscriptions
This includes Amazon Prime and The Australian.
No Foreign Transaction Fees
This can save you hundreds of dollars on every overseas trip or online overseas transactions.
Cashback
Receive cashback on shopping both in-store and online. Also, receive cashback on Uber.
Special Offers
These include special offers on shopping, entertainment and more.
Access to Experiences
Gain access to specially curated experiences that are not open to the general public, from sporting to fashion and dining.
Free Concierge Services
To assist with flight, hotel, and restaurant bookings and to provide other concierge services.
As you can see, there is a plethora of free benefits that credit cards can provide. The value of these benefits can easily offset any credit card fees, and of course, are in addition to any points and miles that you earn. It is important to be aware of the many benefits that your credit cards can provide so you can take advantage of them and so they don’t go to waste. Keep an eye out for our next blog for this information. Pointrs subscribers can go to their dashboard and instantly find this information now under “Card & Program Benefits”, which is updated regularly, as benefits change all the time.
