Services and additional costs, such as installation charges, warranties, shipping, handling and memberships. It appears that JavaScript is either disabled or not supported by your web browser. How To Find The Cheapest Travel Insurance. Also, note that some losses are excluded such as if you left the item in an unlocked car. Shop moreconfidently with your Card knowing we have your back. My next chance to use these benefits came when a computer part failed about a year and a half after purchase and had a warranty of just one year. The coverage is limited up to $1,000 per occurrence, up to $50,000 per Card Member account per calendar year. If You have any questions about a specific item, please call us at 1-800-228-6855, if international, collect at 1-303-273-6498. 4x on dining at restaurants and U.S. supermarkets (on the first $25,000 in purchases per calendar year; then 1x), 3x on flights booked directly with the airline or with Amex Travel, Welcome bonus of 60,000 points after spending $4,000 in the first six months, Weak on travel outside of flights and everyday spending bonus categories. Purchase protection coverage limits vary among American Express cards, so its important that you review your cards guide to benefits so that you understand the coverage limits and exclusions that apply to you. Delta SkyMiles Reserve American Express Card. If successful, you will get a follow-up email letting you know the details of the outcome and instructions on how to replace, repair or get reimbursement for the lost or damaged item. Credit Score ranges are based on FICO credit scoring. has been collected independently by NerdWallet . Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. There are important terms to follow for this benefit, such as the length of time from the purchase date for which coverage is offered, how to submit claims and even the maximum coverage amount provided by your credit card. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Earning rates: 3% cash back at U.S. supermarkets, U.S. gas stations and U.S. online retail purchases on up to $6,000 per calendar year in purchases for each category (then 1%) and 1% cash back on other purchases. Its smart technology that helps us make sure its really you when shopping online. to see if your incident is covered. Health care items and/or medical equipment. Here's a look at how purchase protection programs work. The coverage is limited up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. For example, the Blue Cash Everyday Card from American Express and Amex EveryDay Credit Card* credit cards carry up to $1,000 coverage per incident, up to $50,000 per card member account per calendar year (Terms apply.). Personal cards with purchase protections from AmEx include: The Platinum Card from American Express. This purchase protection product covers damage and theft, but only up to $500 per claim and $50,000 per account. Some of the more popular Amex cards offering extended warranty coverage include The Platinum Card from American Express and other consumer versions of the Platinum card, The Business Platinum Card from American Express, American Express Gold Card, American Express Green Card, American Express Business Gold Card, Delta credit cards, Hilton credit cards, Marriott credit cards and The Blue Business Plus Credit Card from American Express. Official application link: Ink Business Cash Credit Card. Please visit americanexpress.com/benefitsguide for more details. TPG values this bonus at $1,388. Buts its still "status open" now and have no update. Join Date: Aug 2009. This benefit covers eligible items purchased with an eligible American Express card against damage or theft. Items purchased for professional or commercial use such as education, training or skills. Coverage is limited to the amount charged to your card, up to $10,000 per item and $50,000 per card each calendar year.^. How do I find and add Amex Offers to my Card? All financial products, shopping products and services are presented without warranty. Pre-qualified offers are not binding. Worry less. Please view our advertising policy page for more information. When evaluating offers, please review the financial institutions Terms and Conditions. Terms apply to the offers listed on this page. Delta SkyMiles Reserve Business American Express Card. is a location independent digital nomad who has traveled full time since June 2017. Aaron is an avid global traveler and miles and points enthusiast. Maximum coverage per account for purchase protection: $50,000. Note that card coverage is sometimes secondary to any homeowners insurance and auto insurance policies, so you may need to prove that youve already submitted claims with other insurance providers. * Eligibility and benefit levels vary by card. Underwritten by AMEX Assurance Company. If you have multiple American Express cards with varying coverage limits, make sure that your large purchases are made on your cards with the largest coverage limits. American Express removed this perk from most of its cards effective at the start of 2020. PSA: Never ever ever put anything in the seat pocket of an airplane. Policies are underwritten by AMEX Assurance Company. Amex will reimburse you up to a maximum of $1,000 per card member account per calendar year based on the date of purchase. Items that are rented, leased or borrowed. So, forgetful consumers may want to put their purchases on one of American Express premium cards that include lost items under the Amex purchase protection benefit. Here is a list of our partners and here's how we make money. Most Cards allow up to $1,000 per incident, with a limit of $50,000 per year. Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased through. $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. 3 points per dollar on travel, shipping, internet services, cable services, phone services and advertising with social media sites/search engines (on the first $150,000 in combined purchases each account anniversary year, then 1 point per dollar); 1 point per dollar on other purchases. When you charge a Covered Purchase to your Eligible Card, you can be reimbursed for up to 90 days from the date of purchase if the item is stolen or accidentally damaged. Heres what you need to know about foreign transaction fees what they are and how to avoid them. The card details on this page have not been reviewed or provided by the card issuer. You should also know that purchase protection does not cover damage to items when shipped by a third party and under their temporary care, including a common carrier. Quote: Originally Posted by JeffD. Underwritten by AMEX Assurance Company. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Depending on the credit card, the coverage amount and the duration of the protection may differ. 2 points per dollar on flights booked directly with United, dining and hotel stays when booked directly with the hotel; 1 point per dollar on other purchases. Here, you'll need to provide a copy of the purchase receipt and proof of loss. Buyer's Assurance Protection Plan extends the original equipment manufacturer's basic warranty, the plan will not extend any additional coverage purchased from the manufacturer, retailer or any other source. The Blue Cash Everyday Card from American Express is good for earning 3% cash back at U.S. supermarkets (up to $6,000 per calendar year, then 1%), but shopping protection benefits arent beneficial on most supermarket purchases. However, these cards didnt make the list because at least one card discussed above featured similar or better purchase protection with either a lower annual fee or better earning rate on categories where youd most likely need purchase protection. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Cristina Gibson is a writer and journalist who has covered consumer goods, fashion, technology, and travel for more than 15 years. Blue Cash Everyday Card from American Express. Pre-qualified offers are not binding. This should be covered under lost item assuming you have the receipt etc. Plus, this card doesnt exclude lost or misplaced items and is great for foodies, due to its bonus-earning categories and monthly spending credits with restaurants and Uber/Uber Eats. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. This card shines for this use, but overall the star ratings may differ when compared to other cards. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Maximum coverage per purchase protection claim: $1,000 per item ($500 per event if related to a natural disaster). Editors note: This is a recurring post, regularly updated with new information. Extended Warranty benefits extend your manufacturers warranty coverage, often by as much as a year. You need to typically provide documentation (receipts) and sometimes proof such as a police report. Enrollment required. Amazon marketplace merchant won't accept returns after 30 days. Be sure to check each cards individual purchase protection policy before making an expensive purchase on an Amex card. Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. Reply FitYNABer Additional comment actions AMEX Purchase Protection is AWESOME! Can You Get a Credit Card Without a Social Security Number? Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased throughRead More. This site does not include all credit card companies or all available credit card offers. You will be asked certain questions about your claim at that time. You can do so online or by calling Amex at 1-800-322-1277. The claim was quickly accepted, and I was issued a statement credit for my purchase. Notably, American Express prepaid debit cards do not come with this benefit. endstream endobj 962 0 obj <>>>/Filter/Standard/Length 128/O(-ZK*Kme P1Fi dX)/P -1340/R 4/StmF/StdCF/StrF/StdCF/U(U-q U )/V 4>> endobj 963 0 obj <>/Metadata 89 0 R/OCProperties<>/OCGs[973 0 R]>>/Outlines 294 0 R/PageLayout/OneColumn/Pages 957 0 R/StructTreeRoot 349 0 R/Type/Catalog>> endobj 964 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 965 0 obj <>stream You will be asked for a copy of the receipt, your Amex purchase record and the original warranty. *Benefits may vary by issuer. %%EOF Additionally, purchase protection benefits are not payable on eligible items if the damage is caused by riots, acts of war or service in the military, normal wear and tear or damage through alteration. Good news: AMEX includes Purchase Protection as a benefit on all of its cards shown here. Big spenders should note that the purchase protection on The Platinum Card from American Express only covers up to $10,000 per covered purchase. Other shopping protections: Extended warranty protection offers an additional year on eligible warranties of three years or less. How do I Redeem Membership Rewards Points. We believe everyone should be able to make financial decisions with confidence. You must file a claim within 90 days of your original purchase through this link or by calling 800-228-6855. The Centurion Card from American Express and The Business Centurion Card from American Express. Our opinions are our own. As always, check your credit cards guide to benefits to see which benefits apply to you. Damage through altercation or modifications. |F\ba9F ~Zh1m$5(9=H$3wxMd/L}hLXI=eO*"Z:#x&OpDZH~}7~H{h9uqGM_)J'p3TFE3H8Z;t We'll run a soft credit check to find special offers, but it wont affect your credit score. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Platinum. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. For most people, the purchase protection benefit offered by some credit cards flies under the radar. We'll run a soft credit check to find special offers, but it wont affect your credit score. Not lost, you know where you left it, and someone took it knowing it did not belong to them. has been collected independently by NerdWallet. This is just one scoring method and a credit card issuer may use another method when considering your application. Please view our advertising policy page for more information. Purchase protection offers short-term insurance for your everyday purchases, in case the items are stolen or damaged. when you need coverage is essential. pAxTu:E4 VB8H_ fUsF4A~ScD_ ^8v8_]gw`\7f(g~5"ip JI. Purchase protection saved us $1,700 a reader success story, These are the cards TPG staff reach for in case of emergency, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Reserve Business American Express Card, Hilton Honors American Express Aspire Card, Marriott Bonvoy Brilliant American Express Card, The 5 Amex cards were keeping in our wallets and why, Do Not Sell or Share My Personal Information, $10,000 per item (or $500 per event for natural disasters). For Capital One products listed on this page, some of the above benefits are provided by Visa or Mastercard and may vary by product. American Express is a financial services company that offers credit cards, debit cards, charge cards and travel services. Since youll earn at least 2 Capital One miles per dollar spent on all purchases and also get extended warranty protection and return protection, this card is an excellent choice for shopping. This is important because many cardholders believe American Express has the least painful claim process of any issuer. For example, if you have an American Express card, the chances are that card provides AmEx purchase protection. American Express is the industry leader amongst credit card issuers offering purchase protection to its customers due to its generous terms and simple claim process. How do I find and add Amex Offers to my Card? Motorized vehicles, parts and accessories. Once youve submitted the necessary supporting documents, American Express will send you an email confirmation stating your documents were received. Past performance is not indicative of future results. All users of our online services are subject to our Privacy Statement and agree to be bound by the Terms of Service. The warranty wont cover the damage, and you didnt think youd need AppleCare. Although they didnt make the top five, the following cards offer purchase protection with a limit of $10,000 per incident/claim and a limit of $50,000 per year per account (although Amex cards have a limit of $500 per event for natural disasters*). Shopping online for a car is an accelerating trend changing the purchase process from start to finish. Books, magazines or periodicals of any kind. 0% intro APR for 15 months from account opening on purchases and balance transfers. are covered by AmEx's purchase protection coverage. However, if your item is just lost or missing, you wont need a police report. Each eligible AmEx card is covered for up to $50,000 in claims per year.