The following is not meant to be legal advice.
On VISA.com, there is some advice on what to look for in a credit card. For those legal professionals looking to get a credit card for business, they may be interested to find out that the bank that issues the credit card may have different records on the benefits of the card from VISA or Mastercard.
For instance, even though a brochure for a card comes with a bullet point that it offers travel and accident insurance coverage, it may not be true unless it is verified with VISA or Mastercard, who are the providers of the benefits.
It is good to find out the exact benefits by requesting a detailed brochure on the line items versus relying on the brochures that are meant for advertisements to get people interested in signing up for the cards. Without the benefits detailed in writing, when an accident arises and a claim needs to be made, the user may be at a disadvantage to find out that though the bank claimed all along that there was coverage for certain items, there was not really that type of coverage.
Banks go on about the benefits that credit cards offer because they may get a commission or percentage cut from getting people to sign up, but the legal professional might consider reading the fine print, and testing the fine print by calling customer service for both the bank and VISA or Mastercard to make sure that the fine print is executed by all parties.
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