Understand clearly your rights as a cardholder and what sort of protection or liability waivers the issuing bank may provide.

Ask questions such as:

• What is the procedure for increasing or reducing my card's credit limit?
• What happens if my card is lost or stolen and unauthorized transactions are made?
• What protection do I have if the goods or services I paid for with my card are defective?
• Does my card provide any extra or emergency services when I am traveling overseas?
• Does my card offer me insurance coverage when I travel?