Credit cards are a great way to build your credit score, but for many people just starting off, it can be hard to determine what you need and what's unnecessary. A payment protection is one of the unnecessary options that you just don't need. Although, the insurance plan sounds great on the forefront, when you get down to the nitty-gritty of the fine print, you find that you're going to pay more fees with your monthly card payments, than the plan will probably ever benefit you. Once you actually get your card, the protection plans will start coming in the mail; just rip them up and throw them away. You don't need them to build your credit score or to ensure the safety of your credit card.