Abstract: A towel-protective cover assembly is provided for use by golfers and the like. The assembly comprises a towel; an openable fastener connected to one edge of the towel and adapted to be releasibly secured to a ring support; and a protective cover comprising a bag fabricated of a plastic material which is at least water resistant. The bag is open at the bottom thereof and comprises four sides including a first pair of opposed sides having gussets formed therein at the top thereof which permits expansion of the bag and provides access to the towel. A second pair of opposed sides are sealed together at the top edges thereof to form a sealed upper edge portion and to seal together, to form lateral portions of the sealed upper edge, the top edges of respective inwardly extending portions of the first pair of sides and corresponding lateral portions of the top edges of the second pair of opposed sides to so as to thereby form the gussets in the first pair of opposed sides.