Traveling out of state and hope to use your credit card? Here’s what you …
News from Plain Dealer:

When you expect to travel, it would be wise to contact your credit card company to alert them.

I was visiting my mother in Dallas recently. I tried to use my Citibank Visa credit card at Lowe’s to purchase $ 650 worth of items for her house. My card was declined. Annoyed, I used my debit card instead.

After I left the store, I received a text message from the fraud department at Citibank asking if I tried to make the noted purchase. I called Citibank immediately and expressed my dissatisfaction about having my purchase declined. They apologized and asked how long I plan to be in Texas. I found this to be overprotective. Are they protecting me or themselves?

— D.H., Cleveland

It is becoming more and more common for credit card companies to flag out-of-state purchases, especially large ones, as possible fraud.

There are plenty of reasons to be annoyed with credit card issuers, but this isn’t one of them. They are protecting themselves, and they are protecting you.

Obviously, if a bad guy fraudulently…………… continues on Plain Dealer

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Related News:

4 Things to Know: Credit Card Insurance
News from ABC News:

It sounded like such a good idea at the time. It was 2009, the nation was in the middle of the Great Recession, the housing market was taking a serious blow, and Janet Summers* decided she needed a little protection from life’s big changes.

Her husband still had work renovating homes in the Charlotte, N.C., area, and Summers had a job, too. But when a nice woman called from Sears to ask if Summers would like to sign up for an insurance policy on her Sears credit card, it sounded like a good precaution to take. And at about $ 80 a month, it seemed like a reasonable expense.

The caller said the insurance “would cover my balance up to $ 10,000.00 in case I lost my job, had to take care of a family member, or my husband became unemployed and I was the only one working,” Summers said in a recent email. “So I took out the insurance believing that this is a good deal.”

Over the next three years, Summers paid Sears $ 3,000 for the insurance. Even in the midst of the recession, her husband’s company continued to profit, as many people who had planned to buy new homes decided instead to renovate the ones they already owned.

Then, this March, her husband lost his job. The financial impact hit immediately.

“It was booming there for a while, and all of a sudden it just stopped,” Summers writes. “And that’s when I had to use my credi…………… continues on ABC News

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