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What about the ID theft coverage on credit cards?


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I pay $2.00 a month to Discover for what they call wallet protection. They are supposed to contact all my other cc's if I have to report a theft of one of them.

Does anyone have this coverage? Is it worth it to have or is there another way to save time in case of ID theft?

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I would not pay for it. Make a photo copy of the cards/Id in your wallet. Keep it safe at home somewhere. If your wallet goes missing - make the calls. Why pay $2/mth for something you can do? Over a year that is $24 and over 5 yrs its $120. For what - a few phone calls? That money is better in your pocket than theirs:!:

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