Five ways to get the most from your credit card

Credit card companies are using incentives to keep customers using their plastic. Here are five incentives you can use to get the most out of your credit card:

4. Product protection

Marcel-li Saenz Martinez/AP/File
MasterCard showcases MasterPass – a digital service that lets consumers turn any device into a shopping device – at the Mobile World Congress in February in Barcelona. MasterCard is one of the card companies offering credit cards that reimburse you if the item is lost or stolen.

Some credit cards reimburse you for the price of an item if it is lost or stolen. Again, comb through the fine print, as the devil is often in the details. Hopefully, you won't have to claim this reward, but it may offer some peace of mind, knowing that you've got a built-in insurance policy courtesy of your credit card company. American Express, MasterCard, Visa, and Discover all offer credit cards with variations on product protection.

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