A common phone call that new credit cardholders get from their bank is an offer for credit card add-on products, such as protection against fraud and identity theft. Payment protection is another service offered regularly, providing a monthly payment to the cardholder’s account if they lose their job or are sick in the hospital.
Credit monitoring and debt-cancellation products are optional and are paid for through a monthly or annual fee.
Before signing up for these products, consumers should k...A credit card’s mobile app can give you immediate access to your account, making it easier to track purchases, make payments, review monthly statements, report a lost card and view rewards, among other things.
But not all mobile apps are the same, and knowing what’s available can make it easier to choose a credit card and find the features you want in an app. Of course, that’s after you’ve found the card with the best interest rate and rewards you want.
A 2018 satisfaction study by J.D. Power r...