Credit card protection

rcj1959 · 22 October 2005 at 9:46AM

I have had a reminder from Sentinel Card Protection and the cost of a three year policy is £50. Is there any cheaper options available to me?

greenwich · 22 October 2005 at 9:53AM

The cheapest option is not to bother with this type of insurance. If you lose a credit card your maximum liability is £50 (unless you were acting in bad faith) and most companies don't even bother to charge that. Just write down your credit card numbers and phone contacts somewhere safe so you know who to call should you lose a card. And don't carry all your cards together. And don't worry.

sicker · 22 October 2005 at 10:24AM

I'm in total agreement with 'greewich'. To my mind protection is a waste of money.

John

Matt83UK_2 · 22 October 2005 at 10:40AM

Yeah don't bother its not necessary in my opinion and it just complicate things, if they get lost or stolen for example HSBC ask if you've got the above protection and then you have just through loopholes etc if anything is out of order, rather than a straight forward refund etc.. .

Robert_Sterling_3 · 22 October 2005 at 12:07PM

I agree too. In general Credit Card Fraud is againt the Credit Card Company. and not against the card holders.

Paul_Herring · 24 October 2005 at 12:33AM

greenwich wrote:

Just write down your credit card numbers and phone contacts somewhere safe so you know who to call should you lose a card.

A quicker method would be just to photocopy both sides of the cards concerned - you have the card details on the front, and the contact numbers on the back.

Credit card protection

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free