#31: A Secret Perk
Credit cards can get a bad rap—and for good reason when it comes to interest and debt. But if used responsibly, they sometimes offer hidden perks that can be incredibly helpful. One such perk involves cell phone insurance. Some credit card companies will automatically provide insurance coverage if you use their card to pay your monthly phone bill. It’s not widely advertised, which is why most people don’t even know it exists.
While the details vary by card and provider, it’s worth checking if your credit card includes this benefit. The insurance can cover things like damage or theft, potentially saving you from expensive repair costs or replacement fees. If your phone is essential to your daily life, a little extra protection—at no added cost—can bring peace of mind. Just make sure to read the fine print and confirm the terms with your credit card company.