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Credit card car rental insurance is one of the most underrated benefits of a travel credit card. As mentioned, the rental car insurance from your credit card typically covers collision damage.
3. Compare card features and benefits. Now that you know the type of rewards you want to earn and where you do most of your spending, make a list of cards and compare their features.
Your credit card benefits take you farther— literally—with ridesharing and travel cash. The Platinum Card from American Express comes with up to $200 in Uber credits every year, among other perks.
Damage waiver. Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
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5. Always pay on time. As the most significant credit-scoring factor, payment history makes up 35 percent of your FICO score. That’s why it’s crucial to always make your credit card payments ...