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travel, or you want to combine points Extended warranties: Certain additional 1% to 3% to process the pay-
from different cards? One can sell miles American Express cards extend the ment through the foreign bank. If you
through intermediaries. Although the warranty on any merchandise you buy, spend a lot in Israel, you will owe a sub-
legitimacy of this is debated on some no questions asked. stantial amount in fees. Having a fee-
websites, the fact is that billions of free card is also important for yeshiva
miles have changed hands. Rental car coverage: Some cards and seminary students in Israel, who
Getpeyd.com is a well-known frum (very few) offer primary collision dam- use a credit card to pay for their cell
company that buys miles. Their website age waiver, which is much more valu- phones and other things. Check with
is very helpful, and includes a link to a able than the standard secondary your company before traveling.
site with current credit card offers. insurance usually offered. With second-
ary coverage, you need to first submit a Cash advance: Sometimes a credit
Certain credit cards offer additional claim on your own insurance, and the card offers you a cash advance with no
benefits, which may or may not be valu- card will then pay off your deductible. interest. Or they might charge a fee of
able to you. Check these out: With a primary card, the card handles 2%, but that is still good, as you are
it all, which means that your car insur- basically getting a loan for only 2%,
Airport Lounges: Some “platinum” ance rate will not go up due to an acci- much lower than the usual rate. This
credit cards will gain you access to dent. A good card for this is the United strategy can be very advantageous, but
fancy lounges in airports. Unbeknownst Mileage Plus Explorer Card. Important: it is for the pros. The rest of us may fall
to the bourgeoisie working class, there You must decline the collision damage prey to the temptation of free money
are special waiting rooms containing waiver from the rental car agency for and then not be able to pay it back.
plush sofas, free drinks, and sometimes this to kick in.
even showers. Show the doorman the If you only need small amounts of
right credit card, and it’s “open No foreign transactions fees: This cash (usually up to $200 per day),
sesame.” The downside is that these perk is discussed a lot on the blogs, here’s how to get it from your card with-
platinum cards may have a high annu- such as that one on Dansdeals.com, out its being a loan. You make a pur-
al fee. A possible strategy is to open a but it does not resonate with me. When chase at Giant Food (perhaps other
platinum credit card and downgrade it I am overseas, I spend cash and do not stores as well) and “overpay.” Your
to a gold card. The account will stay worry about foreign credit card fees. “change” is regarded by the credit card
active; you will gain access but your fee What is this fee? If you buy something company as a purchase rather than a
will decrease. in a gift shop in Geula, you will pay an loan, saving you from the high loan
76 u www.wherewhatwhen.com u
from different cards? One can sell miles American Express cards extend the ment through the foreign bank. If you
through intermediaries. Although the warranty on any merchandise you buy, spend a lot in Israel, you will owe a sub-
legitimacy of this is debated on some no questions asked. stantial amount in fees. Having a fee-
websites, the fact is that billions of free card is also important for yeshiva
miles have changed hands. Rental car coverage: Some cards and seminary students in Israel, who
Getpeyd.com is a well-known frum (very few) offer primary collision dam- use a credit card to pay for their cell
company that buys miles. Their website age waiver, which is much more valu- phones and other things. Check with
is very helpful, and includes a link to a able than the standard secondary your company before traveling.
site with current credit card offers. insurance usually offered. With second-
ary coverage, you need to first submit a Cash advance: Sometimes a credit
Certain credit cards offer additional claim on your own insurance, and the card offers you a cash advance with no
benefits, which may or may not be valu- card will then pay off your deductible. interest. Or they might charge a fee of
able to you. Check these out: With a primary card, the card handles 2%, but that is still good, as you are
it all, which means that your car insur- basically getting a loan for only 2%,
Airport Lounges: Some “platinum” ance rate will not go up due to an acci- much lower than the usual rate. This
credit cards will gain you access to dent. A good card for this is the United strategy can be very advantageous, but
fancy lounges in airports. Unbeknownst Mileage Plus Explorer Card. Important: it is for the pros. The rest of us may fall
to the bourgeoisie working class, there You must decline the collision damage prey to the temptation of free money
are special waiting rooms containing waiver from the rental car agency for and then not be able to pay it back.
plush sofas, free drinks, and sometimes this to kick in.
even showers. Show the doorman the If you only need small amounts of
right credit card, and it’s “open No foreign transactions fees: This cash (usually up to $200 per day),
sesame.” The downside is that these perk is discussed a lot on the blogs, here’s how to get it from your card with-
platinum cards may have a high annu- such as that one on Dansdeals.com, out its being a loan. You make a pur-
al fee. A possible strategy is to open a but it does not resonate with me. When chase at Giant Food (perhaps other
platinum credit card and downgrade it I am overseas, I spend cash and do not stores as well) and “overpay.” Your
to a gold card. The account will stay worry about foreign credit card fees. “change” is regarded by the credit card
active; you will gain access but your fee What is this fee? If you buy something company as a purchase rather than a
will decrease. in a gift shop in Geula, you will pay an loan, saving you from the high loan
76 u www.wherewhatwhen.com u
