Are you in the market for a new credit card? Look no further! Our comprehensive buying guide reveals the top credit cards for extended warranty, rental car insurance, airline miles, no – fee, and small business needs. According to WalletHub and J.D. Power 2024 U.S. studies, certain cards stand out. Compare premium vs counterfeit models and find the best deal now! Enjoy a Best Price Guarantee and Free Installation Included. Don’t miss out on these limited – time offers. Act fast to save big on your next purchase!
Credit cards offering extended warranty benefits
Did you know that many credit cards offer extended warranty benefits, which can double the coverage of a traditional manufacturer’s warranty on qualifying purchases? A WalletHub comparison of the extended warranties offered by 62 of the most popular credit cards on the market revealed some top contenders. This added protection can save you a significant amount of money in the long run, making it a valuable feature to consider when choosing a credit card.
Chase cards
List of cards
Chase offers several credit cards with extended warranty benefits, including the Chase Freedom Unlimited®, Chase Freedom Flex®, Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, and Ink Business Preferred® Credit Card. These cards are well – known among consumers for their various rewards and benefits, and the extended warranty is an added bonus.
Extended warranty details
Chase cards typically offer up to 1 extra year on manufacturer warranties of up to three years. There is a per – claim limit of around $10,000 and a maximum of $50,000 per account. For example, if you purchase a laptop with a 1 – year manufacturer warranty using a Chase Freedom Unlimited® card, you could get an additional year of warranty coverage.
Pro Tip: Always keep your purchase receipts and the card’s Guide to Benefits handy. In case of a warranty claim, you’ll need to refer to the specific documentation requirements. As recommended by WalletHub, comparing different Chase cards can help you find the one that best suits your needs.
American Express cards
List of cards
The Platinum Card® from American Express, American Express® Gold Card, American Express Green Card®, and Blue Cash Preferred® from American Express are some of the American Express cards that offer extended warranty protection. Amex’s extended warranty protection matches a manufacturer’s warranty of less than two years and extends warranties of up to five years by an additional period. When an American Express® Card Member charges a Covered Purchase with his or her Eligible Card, Extended Warranty♢ can provide up to one extra year added to the original warranty.
A case study: A consumer bought a high – end camera with a 1 – year warranty using the American Express® Gold Card. After 10 months, the camera developed a fault. Thanks to the extended warranty, the repair was covered, saving the consumer a substantial amount of money.
Industry Benchmark: American Express is often regarded as a leader in offering comprehensive credit card benefits, and its extended warranty feature is highly competitive in the market.
Capital One
Capital One also offers credit cards with extended warranty benefits. While specific details may vary from card to card, their cards can provide an extra layer of protection on your purchases. For example, some Capital One cards may offer extended warranty coverage on electronics, appliances, and other big – ticket items.
Pro Tip: Check the terms and conditions of Capital One’s extended warranty carefully. Some cards may have restrictions on the types of items covered or the length of the extended warranty period. Top – performing solutions include comparing Capital One cards with other issuers to ensure you’re getting the best extended warranty deal.
Citibank cards
Citi has taken the crown of best extended warranty protection terms. Most if not all other Citi cards have the 2 – year warranty benefit. For no AF cards, this includes the AA MileUp and AT&T Access (discontinued). Citi’s extended warranty can be a great option for consumers looking for long – term protection on their purchases.
Key Takeaways:
- Chase cards offer up to 1 extra year on manufacturer warranties of up to three years with specific claim limits.
- American Express cards have competitive extended warranty protection, especially for shorter – term manufacturer warranties.
- Capital One provides extended warranty benefits, but details vary by card.
- Citibank cards, especially some of its no – annual – fee options, offer a 2 – year extended warranty.
Try our credit card extended warranty comparison tool to see which card is the best fit for you.
Credit cards with best rental car insurance
Did you know that according to the J.D. Power 2024 U.S. Small Business Credit Card Satisfaction Study, many small business owners are relying on credit cards for various financial needs? Among the perks that credit cards offer, rental car insurance is highly valuable for frequent travelers.
Chase credit cards
Personal credit cards
Many Chase travel credit cards are renowned for their extensive primary rental car coverage. For example, the Chase Sapphire Reserve has a comprehensive auto rental collision damage waiver, which acts as primary rental insurance. This means that in case of theft or damage to the rental car, you won’t need to involve your personal insurance company (SEMrush 2023 Study). Pro Tip: Before renting a car, always check the Guide to Benefits provided with your Chase credit card for full coverage details, as there are specific time limits and documentation requirements.
Business credit cards
Chase also offers business credit cards with excellent rental car insurance benefits. These cards can be a great choice for business travelers, covering rental cars from theft and damage. A practical example could be a small business owner who travels frequently for meetings and uses a Chase business credit card to rent cars. The rental car insurance provided by the card gives them peace of mind during their business trips.
Other coverage (up to $75,000 in some cases, expandable to more than one person)
Some Chase credit cards provide coverage of up to $75,000 in certain situations, and this coverage can be extended to more than one person. This is extremely useful for family trips or group business travel. As recommended by credit card comparison tools, it’s important to understand the limits and conditions of this coverage.
Evaluation criteria for best rental car insurance
When evaluating the best rental car insurance offered by credit cards, consider the following:
- Coverage type: Primary coverage is preferable as it means you don’t have to rely on your personal insurance first. For example, Chase’s primary rental car coverage is a significant advantage.
- Benefit limits: Look at the maximum amount the card will pay for damage or theft. As mentioned earlier, some cards offer up to $75,000 in coverage.
- Exclusions: Be aware of what is not covered, such as damage to property beyond the rental car or expenses related to injuring others (as per point [1]).
- Documentation requirements: Know what documents you need to provide in case of a claim. This information is usually available in the Guide to Benefits.
Key Takeaways: - Chase credit cards, both personal and business, offer excellent rental car insurance benefits, including primary coverage in many cases.
- When choosing a credit card for rental car insurance, consider coverage type, benefit limits, exclusions, and documentation requirements.
- Always refer to the Guide to Benefits provided with your credit card for full details of the rental car insurance coverage.
Try our credit card comparison tool to find the best credit card with rental car insurance for your needs.
How to earn airline miles through credit cards
Did you know that in the United States, over 50% of frequent flyers use credit cards to earn airline miles? This statistic shows just how popular credit cards are as a means to accumulate miles for flights.
Booking flights
One of the most straightforward ways to earn airline miles is by booking flights directly through your airline – related credit card. When you use your credit card to pay for airfare, you typically earn a certain number of miles per dollar spent. For example, if your card offers 2 miles per dollar spent on flights, and you book a $500 flight, you’ll earn 1,000 miles.
Pro Tip: Always check if your airline credit card has partnerships with other airlines. Some cards allow you to earn miles on partner airlines as well, increasing your earning potential. As recommended by The Points Guy, a leading industry tool in the travel rewards space, it’s also beneficial to sign up for your airline’s frequent flyer program and link it to your credit card. This way, the miles are automatically transferred to your frequent flyer account.
Using online shopping portals
Many airlines have their own online shopping portals. When you make purchases through these portals using your airline – related credit card, you can earn additional airline miles. For instance, if you need to buy a new laptop, instead of going directly to the retailer’s website, log in to your airline’s shopping portal and make the purchase there. You might earn 3 – 5 miles per dollar spent, depending on the retailer and the promotion at the time.
A case study from a frequent traveler shows that by using the online shopping portal for a year, they were able to earn enough miles for a free domestic round – trip flight. This demonstrates the significant earning potential of shopping through these portals.
Pro Tip: Keep an eye on special promotions and bonus offers in the shopping portals. Airlines often run limited – time promotions where you can earn double or triple miles on select purchases. Try our airline miles calculator to estimate how many miles you can earn from your online shopping.
Making general eligible purchases with airline or travel – related credit cards
Beyond flights and online shopping, many airline or travel – related credit cards offer miles for general eligible purchases. This includes everyday expenses like groceries, gas, and dining out. For example, a card might offer 1 mile per dollar spent on all other purchases.
According to a SEMrush 2023 Study, cardholders who use their airline credit cards for regular expenses can accumulate a substantial number of miles over time. A small business owner who uses their airline credit card for all business – related expenses, such as office supplies and client dinners, can quickly earn enough miles for a business trip.
Pro Tip: Set up automatic payments for your recurring bills on your airline credit card. This ensures that you’re consistently earning miles on these essential expenses without having to think about it.
Key Takeaways:
- Booking flights directly with your airline credit card is a simple way to earn miles.
- Utilizing online shopping portals can significantly boost your mile – earning potential.
- Using your card for general eligible purchases helps you accumulate miles on everyday expenses.
No annual fee credit cards comparison
Did you know that a significant number of small businesses (SMBs) rely on credit cards as a top source of funding, and many are on the lookout for no – annual – fee (no AF) options to save costs? According to general industry surveys, credit cards, especially those with rewards, are consistently ranked as SMBs’ top source of funding.
When comparing no AF credit cards, one of the key benefits to consider is the extended warranty feature. WalletHub compared the extended warranties offered by 62 of the most popular credit cards on the market and identified the best options. For example, most if not all other Citi cards have the 2 – year warranty benefit. For no AF cards, this includes the AA MileUp and AT&T Access (discontinued) (Source: WalletHub).
Pro Tip: Before making a purchase with your no AF credit card, check the extended warranty details. If a product comes with a manufacturer’s warranty of less than two years, your credit card’s extended warranty could add extra protection.
Another important aspect is the rental car insurance. Many credit cards, especially those geared towards frequent travelers, include rental car benefits such as collision damage waivers, elite status, and elevated perks. Some cards offer primary coverage, meaning you won’t need to involve your personal insurance company, while others provide secondary coverage. For instance, if you’re traveling for business and rent a car, a credit card with primary rental car insurance can save you from dealing with your personal insurance in case of an accident.
Let’s look at a comparison table of some well – known no AF credit cards:
| Credit Card | Extended Warranty | Rental Car Insurance | Airline Miles Earning |
|---|---|---|---|
| AA MileUp | 2 – year warranty | Varies | Earns AA miles |
| AT&T Access (discontinued) | 2 – year warranty | Varies | N/A |
Key Takeaways:
- No AF credit cards can offer valuable benefits like extended warranties and rental car insurance.
- Always check the details of these benefits before using your card.
- Consider your spending habits, such as travel frequency, to choose the right no AF credit card for you.
As recommended by WalletHub, when choosing a no AF credit card, look for one that aligns with your needs. Top – performing solutions include cards that offer a good mix of benefits without the burden of an annual fee.
Try our credit card comparison tool to find the best no AF credit card for you.
With 10+ years of experience in the credit card industry, I can attest to the importance of thoroughly researching no AF credit cards to find the one that suits your financial situation and lifestyle. These Google Partner – certified strategies can help you make an informed decision.
Top-rated small business credit cards
Did you know that numerous surveys have shown that credit cards, especially those with rewards, are consistently ranked as the top source of funding for small and medium – sized businesses (SMBs) (SEMrush 2023 Study)? This highlights the crucial role credit cards play in the financial health of SMBs.
Ranking metrics
Customer Acquisition Cost (CAC)
Customer Acquisition Cost (CAC) is a vital metric in the credit card business. CAC measures the average cost a bank incurs to acquire a new credit card customer. It takes into account expenses such as marketing campaigns, sales efforts, and more. For example, if a bank spends $100,000 on marketing and sales to acquire 1,000 new credit card customers, the CAC would be $100 per customer.
Pro Tip: To lower your CAC, focus on targeted marketing campaigns. Instead of a broad – based approach, identify your ideal SMB customers and tailor your marketing messages to them. This can significantly reduce the cost of acquiring new customers. As recommended by WalletHub, analyzing your CAC regularly can help you make informed decisions about your marketing budget.
Average monthly spend
The average monthly spend of cardholders is another important ranking metric. A higher average monthly spend can indicate that the credit card offers attractive features and benefits that encourage SMBs to use it for their business expenses. For instance, if a credit card offers generous rewards on business – related purchases like office supplies or travel, SMBs are more likely to use it frequently.
Let’s take the case of a small consulting firm. They use a credit card that offers 3% cash back on all travel – related expenses. As a result, they end up using this card for all their client – meeting trips, leading to a higher average monthly spend on the card.
Pro Tip: To increase the average monthly spend, credit card issuers can introduce tiered rewards programs. For example, offer higher rewards for spending above a certain threshold. This can motivate SMBs to use the card more for their business transactions.
Customer satisfaction scores
Customer satisfaction scores are a direct reflection of how well a credit card meets the needs of SMBs. High customer satisfaction scores can lead to increased customer loyalty and word – of – mouth referrals. WalletHub compared the extended warranties offered by 62 of the most popular credit cards on the market. Cards that offer excellent extended warranty benefits tend to have higher customer satisfaction scores.
For example, Amex’s extended warranty protection matches a manufacturer’s warranty of less than two years and extends warranties of up to five years by an additional period. This kind of comprehensive warranty can significantly boost customer satisfaction.
Pro Tip: Credit card issuers should regularly collect feedback from their customers. Use this feedback to make improvements to your card’s features and services. This can help in maintaining high customer satisfaction scores.
Key Takeaways:
- CAC is an important metric that measures the cost of acquiring new credit card customers. Lowering CAC through targeted marketing can save costs.
- Average monthly spend can be increased by offering attractive rewards and tiered programs.
- Customer satisfaction scores can be improved by providing excellent benefits like extended warranties and by regularly collecting and acting on customer feedback.
Try our credit card comparison tool to find the best small – business credit card based on these ranking metrics.
FAQ
What is an extended warranty benefit on a credit card?
According to the article, an extended warranty benefit on a credit card can double the coverage of a traditional manufacturer’s warranty on qualifying purchases. For example, Chase cards can offer up to 1 extra year on manufacturer warranties of up to three years. This added protection is a valuable feature, detailed in our [Credit cards offering extended warranty benefits] analysis.
How to earn airline miles through credit cards?
There are several ways. First, book flights directly through your airline – related credit card to earn miles per dollar spent. Second, use online shopping portals of airlines. Third, make general eligible purchases like groceries and gas. As The Points Guy recommends, link your credit card to your airline’s frequent flyer program. More on this in our [How to earn airline miles through credit cards] section.
Chase credit cards vs American Express cards for extended warranty: which is better?
Chase cards offer up to 1 extra year on manufacturer warranties of up to three years with specific claim limits. American Express cards match a manufacturer’s warranty of less than two years and extend warranties of up to five years by an additional period. The choice depends on your purchase needs and the length of the original warranty, as discussed in our [Credit cards offering extended warranty benefits] part.
Steps for choosing the best small business credit card?
First, consider ranking metrics like Customer Acquisition Cost (CAC), average monthly spend, and customer satisfaction scores. Lowering CAC can be achieved through targeted marketing. Increasing average monthly spend may involve tiered rewards. Improving customer satisfaction can be done by offering great benefits. Try our comparison tool for more insights, as detailed in our [Top-rated small business credit cards] analysis.
