• Using Credit Card

  Filed under General Facts, Tips
  Apr 8

  

  When you charge your Gold or Platinum credit card for your car rental, most likely, your credit card company will give your collision insurance free of charge as this is the normal case among credit card companies. However, the coverage may no longer be great. In most cases, credit card companies do not give protection anymore to those who travel overseas or they just maximize the protection to cheaper cars. And adding insult to injury, a deposit will be required on your credit card equivalent to the replacement cost of the car. This is no longer convenient especially if your credit limit is not enough to cover the value of the car.

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