PennyGem’s Elizabeth Keatinge tells us which credit card “perks” aren’t really perks at all and should just come standard.
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00:00 Sometimes credit card companies hype up their perks when really some things should just
00:09 come standard.
00:10 Cards touting contactless pay, an app, and 24/7 customer service, which are really standard
00:16 in 2022, shouldn't be given too much weight.
00:20 There are also federal laws that protect you from fraud.
00:23 So as MarketWatch highlights, zero fraud liability isn't so much a perk as it is a law.
00:29 If you're considering signing up for a credit card because of its perks, make sure you're
00:34 actually using them.
00:35 Many perks like cash back on certain purchases, Uber credits, and TSA pre-check reimbursements
00:41 could actually make the annual fees worth it, only if you're using them.
00:45 If you weren't going to use Uber anyway, is this really a perk?
00:48 Do you travel enough to make TSA pre-check worth it?
00:52 Most credit cards are offering free credit scores and no overlimit fees anyway, so those
00:57 aren't really perks either.
00:59 So don't get sold on something shiny if it's something you don't really need or actually
01:04 should just come with a credit card anyway.
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