Many people know that credit cards often have many travel-related benefits. The most well-known of these benefits are travel insurance and airports. Access to airport lounges is also a priority on some credit cards.
In addition to these well-known benefits, some credit cards also include a drawdown and emergency cash feature. But what do they mean and where are those cards?
Emergency cash simply means that if the credit card is lost or stolen on the way, the credit card issuing bank will deliver the agreed amount of cash, for example, to a bank or Western Union office at the destination.
Emergency cash can be used to withdraw the card within the available credit line and the amount withdrawn will be added to the next credit card bill. The use of emergency cash also increases the amount of credit available. In most cases, you can order a card from an emergency cash card or from a separate service number.
In addition to the cards shown in the table, Good Finance Bank Visa Gold also has an emergency cash feature. The amount and other terms of your Good Finance Bank Visa Gold can be found at your bank or on your card terms.
Cash withdrawal protection
Cash withdrawal protection means that the insurance will replace the cash withdrawal from the credit card if the money is robbed within a certain time of the withdrawal. Money that has been stolen must be provided to be withdrawn by a credit card providing cash withdrawals, so keep your receipts. Refer to the table below for cash withdrawal cards and the terms and conditions for cash withdrawal.
Credit card can insure the entire trip
While there are nifty features for cash and cash withdrawals, there are many other things to consider when choosing a travel credit card. Take a look at the results of the Great Credit Card Comparison and see which credit card is the best credit card for the overall traveler!
It’s a good idea to keep in mind that some annual credit cards that are free of charge include travel insurance when the trip is partially or fully paid by credit card. In practice, this means that the travel insurance covered by these credit cards is completely free when you do not have to pay for the card or travel insurance. There is no additional cost to paying for your trip with a credit card when you remember to shorten your credit card bill within an interest-free payment period.
Want a credit card that includes travel insurance or some other useful feature? Cards can be compared and searched in our handy comparison easily and quickly!