• Bad News for Car Renters

  Filed under General Facts
  Sep 22

  

  Those frequent car renters who usually enjoy the savings they get from the cost of a collision damage protection provided by their credit card companies should be attentive to any new rulings of their credit cards provider. There is a possibility that the protection they used to enjoy is fading. Major credit card companies like American Express, and credit cards issued by Chase Manhattan Bank such as Visa card and Mastercard are reducing their benefits. The American Express will no longer provide coverage in Italy and New Zealand and they have limited the number of companies in the US to which they will provide a C.D.W. alternative. On the other hand, standard Visa and Mastercard will totally eliminate coverage.

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