Getting a credit card? Hard work, isn’t it? You thought the only thing to do is decide if you want one or not, and then when you say you do, you’ll just apply for one and get it pretty much instantly. Well, while the actual application process is not that complicated, and while the waiting period is not long, the truth is that the entire journey from deciding to getting a card is definitely more complex and more difficult than that.
Why do you think that is? Simple answer to that question. Not every credit card is the same, and you want to get the one that will be perfectly suitable for your specific needs. Meaning, it is the actual choosing part that can be difficult, and not the part of actually applying and getting this financial tool to start using it. And, quite a lot of people struggle with that choosing part.
Why do they struggle? Because there are so many different companies and so many different types of cards that people often find it difficult to figure out which ones could be best for them. Almost all providers advertise their financial tools as being the best on the market, which is only confusing consumers even more, given that they don’t really know how to choose the best among all the best. So, how do you choose?
It’s an individual thing, you know? Those providers advertising to be the best may not be wrong, as there can actually be more cards that could qualify as the “best” for one thing or another. It all depends on what the consumers need and what they are planning on using their cards for. Put simply, what’s best for me may not be best for you and vice versa, which is why simply getting suggestions from other people and immediately proceeding to applying is not exactly the wisest idea. Like I said, it’s an individual thing.
What does it mostly depend on? Apart from those common things to check, such as interest rates, your choice will depend on the actual benefits that the credit card comes with, and they don’t all come with the same ones. So, it’s the benefits that should have a say in your final choice, and it’s the benefits that make one card perfect for me, and another one perfect for you.
Initial bonuses, cashback, travel points and similar things all count as different types of benefits. While someone could revel in the idea of using a cashback credit card, as it could be extremely useful for them, others may find that feature lacking, due to their own spending habits. The same goes for any other types of bonuses and benefits you can get from specific credit card issuers. And, clearly, your choice will depend on what you actually need.
Can You Get A Credit Card With Free Travel Insurance?
Could you perhaps need free travel insurance? Traveling a lot and thinking that this could be a convenient feature? If that’s a yes, then you’re now probably wondering one specific thing. Can you actually get a kredittkort med reiseforsikring, that is, a credit card with free travel insurance, or is this just an impossible idea that has crossed your mind because you may need it? Does an option like that even exist?
You’ll be glad to hear that it does! In fact, checking out https://www.kredittkortinfo.no/reiseforsikring-kredittkort/ or another relevant source will show you not only that this option exists, but also that it is fairly common. People have had the need for free travel insurance included on their credit cards for a long time now, and it’s no wonder that providers have recognized that need and decided to offer this feature. And, it’s not even a new feature. It has existed for a long time and it will certainly continue to exist in the future.
How to Get One?
So, there are cards with free travel insurance and that’s about everything you should know so as to get the perfect one for you? Well, not quite! While this is an important piece of information for you, because it clearly shows that you can get what you need from this particular financial tool, simply understanding that the possibility exists is not enough for you to actually choose and get the perfect card for you. Why not?
For one thing, if you adopt that kind of a mindset and assume that this piece of info is enough, you’ll probably just jump right on board with the first provider you come across, which may or may not be a good thing. It may be a good thing if you’re lucky enough for your random selection to turn out to be a great one. On the other hand, you could easily wind up making the wrong choice and getting a card that won’t exactly be favorable for you, despite the fact that it does have free travel insurance.
Simple words? You need to be more careful than that. And, being careful consists of you taking all the right steps towards selecting the perfect solution for you and then applying for it. Below I’ll take you through those steps, hoping to make the entire process at least a little bit easier, and hoping to make sure you know exactly what to do and what to keep in mind when aiming at making the best choice.
Look for Providers Offering Free Travel Insurance, Of Course
Since free travel insurance is the main thing you want to get from your card, looking for those providers that offer it should, of course, be your very first step. After all, you don’t want to waste hours and hours looking at one provider after another and researching them in details, only to realize later that they don’t exactly offer the main feature that you’re looking for from your credit card. Clearly, making a selection of those providers that do offer this option is a must, and the great thing is that you can find websites listing those all in one place, helping you do the research much more easily.
But, Don’t Stop There
Found a few providers that offer free travel insurance on their credit cards? Ready to play eeny meeny miny moe and select one of them? Not the best idea. Don’t stop your research there, as there are some more important things to consider.
Check What the Insurance Covers and for How Long It Is Valid
For starters, you’ll have to check what it is specifically that the insurance coves, as well as for how long it will be valid. Also, check to how many people it applies, and whether your entire household can be covered if you’re taking a family trip. Forgetting to check these things could give you a sense of false security, thinking you’re properly covered when you’re not.
Check If You Could Get Discounts With Some Travel-Related Companies
Credit cards with free travel insurance also sometimes offer you the opportunity of getting discounts with some travel related companies. Not always, and not all providers offer this option. Yet, it does exist, so if it is something you feel you could benefit from, make sure to check for it and make a list of those providers that offer it.
Check for Interest Free Days
Free interest days, doesn’t that sound amazing? If you’re skeptical, thinking that there’s no such thing and that you shouldn’t even be thinking about it, I get it. It can sometimes be hard to accept the fact that certain amazing things do exist, especially if you’re not used to getting such great services. But, no reason to be skeptical about this at all, because you can get some interest free days on certain credit cards, so make sure to check for those as well.
And Compare the Interest Rates in General
Speaking of interest, it’s clear that you don’t really want to agree on a credit card that has an enormously high interest rate to offer. And yet, if you don’t check and compare those, this could easily, if unknowingly, happen. Since you don’t want to wind up in such a situation, you should always check and compare the interest rates offered by different providers, aiming at figuring out what is reasonable, and eliminating along the way all of those credit card issuers that are offering quite expensive options. There are completely reasonable solutions, so no need to settle for too expensive ones.