Claim processing and payment is usually complete within 30 days. Help protect your eligible Please visit americanexpress.com/benefitsguide for more details. Here are our picks for the best travel credit cards of 2023, including those best for: Flexibility, point transfers and a large bonus: Chase Sapphire Preferred Card, No annual fee: Bank of America Travel Rewards credit card, Flat-rate travel rewards: Capital One Venture Rewards Credit Card, Bonus travel rewards and high-end perks: Chase Sapphire Reserve, Luxury perks: The Platinum Card from American Express, Business travelers: Ink Business Preferred Credit Card, About the author: JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. Earning rates: 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and on travel booked through the Ultimate Rewards portal; 3% cash back on dining and drugstores; 1% cash back on all other purchases. Related: Who should (and shouldnt) get the Capital One Venture X card? You can see the benefits for all American Express cards on Amexs website and can consult our guide to shopping protections on American Express cards, but you may need to call or log into your account to see the guide to benefits for cards issued by other banks. Official application link: Ink Business Cash Credit Card. Sometimes called damage protection, purchase protection ensures goods against theft or accidental damage for a limited time. The purchase protection benefit offered by select credit cards covers eligible purchases against accidental damage or theft and for some cards, loss in the first few months after you use an eligible card to pay for the purchase. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). 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. To view rates and fees of the Delta SkyMiles Reserve American Express Card, see this page. Flexibility, point transfers and a large bonus: Bank of America Travel Rewards credit card. Policies are underwritten by AMEX Assurance Company. We lost some recently purchased shoes at an Airbnb and despite the cleaning team looking multiple times it was nowhere to be found. The claim should be provided within thirty (30) days of the loss or as soon as reasonably possible. It appears that JavaScript is either disabled or not supported by your web browser. Welcome bonus: Earn a $200 statement credit after you spend $2,000 in purchases on your new card within the first six months of card membership. Just make sure to file a notice of claim within 30 days of the loss. As always, check your credit cards guide to benefits to see which benefits apply to you. Here is a list of our partners. |F\ba9F ~Zh1m$5(9=H$3wxMd/L}hLXI=eO*"Z:#x&OpDZH~}7~H{h9uqGM_)J'p3TFE3H8Z;t AmEx purchase protection covers lost, stolen or damaged items within the first 90 days after purchase. Return protection differs from AmEx's purchase protection, which covers you if a purchase is lost or stolen within 90 days. The Amex EveryDay Preferred Credit Card from American Express. However, this does not influence our evaluations. Terms, Conditions and Limitations Apply. $10,000 per claim, $50,000 per year for the American Express Gold Card, The Platinum Card from American Express and Delta SkyMiles Reserve American Express Card cardholders Yes, cardmembers of the American Express Gold Card are covered by AmEx's purchase protection coverage. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). *Eligibility and Benefit level varies by Card. Juan is a travel writer that specializes in travel and personal finance, including content on credit card products and airline and hotel loyalty programs. Business fixtures including air conditioners, refrigerators and heaters. Learn more: The best credit cards for travel insurance benefits. Remember you need to provide a copy of the purchase receipt and file a Notice of Claim within 30 days of the loss or damage. Its smart technology that helps us make sure its really you when shopping online. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Disney Cruise Lines Castaway Club loyalty program: Everything you need to know, 21 new Hyatt hotels where you can get 500 extra points per night, My first cruise to the Galapagos: The good, the bad and the absolutely adorable. As stated, Notice of Claim should be provided to Amex within 30 days of the incident. Past performance is not indicative of future results. Ben Luthi is a former credit card specialist for NerdWallet. Editors note: This is a recurring post, regularly updated with new information. Earn 4X Membership Rewards points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X). Press J to jump to the feed. In-built purchase protection is a valuable benefit that comes with some credit cards. 14 points per dollar at eligible Hilton properties; 7 points per dollar on flights booked directly with airlines or through Amex Travel; 7 points per dollar on car rentals booked directly from select car rental companies and at U.S. restaurants; 3 points per dollar on other purchases. Blue Cash Preferred Card from American Express. In the case of a damage claim, you may need to send in the broken item. 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. Simply losing or misplacing the purchase (although the policies for the Delta Reserve, Delta Reserve Business, Hilton Aspire and all consumer versions of the Amex Platinum Card do cover lost or misplaced items). A copy of your primary insurance declaration page, if applicable. The most common coverage amount is $1,000 per covered incident, but some premium American Express cards cover purchases. American Express Purchase Protection - FlyerTalk Forums There are a multitude of purchases that are excluded from purchase protection. Its easy to write off these policies as being too much of a hassle or, conversely, being too good to be true. We may receive compensation when you click on links to those products. The card doesnt offer price protection or return protection, though. 5 points per dollar on flights booked directly with airlines or Amex Travel (up to $500,000 on these purchases per calendar year, then 1 point per dollar); 5 points per dollar on prepaid hotels booked through Amex Travel; 1 point per dollar on other purchases. Purchase Protection is amazing (Plat) : r/amex - Reddit Which cards have AmEx purchase protection, How to file an AmEx purchase protection claim, AmEx personal cards with purchase protection, Blue Cash Preferred Card from American Express, The Amex EveryDay Preferred Credit Card from American Express, Hilton Honors American Express Surpass Card, Hilton Honors American Express Aspire Card, Marriott Bonvoy Brilliant American Express Card, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Platinum American Express Card, Delta SkyMiles Gold American Express Card, Delta SkyMiles Blue American Express Card, AmEx small business cards with purchase protection, The Business Platinum Card from American Express, The Blue Business Plus Credit Card from American Express, Business Green Rewards Card from American Express, Delta SkyMiles Platinum Business American Express Card, Delta SkyMiles Reserve Business American Express Card, Delta SkyMiles Gold Business American Express Card, The Hilton Honors American Express Business Card, Marriott Bonvoy Business American Express Card, However, the purchase protection coverage amounts and limitations vary between AmEx cards. *Benefits may vary by issuer. Amazon marketplace merchant won't accept returns after 30 days. Theres nothing easier than buying a gift card at the last minute. Youre out of luck, right? To start the process, log into your AmEx account and, Like insurance, purchase protection is one of those things that you hope you never have to use. Shopping Protection | Purchase Protection Plan | Amex CA If you need to make a claim, you will receive a reimbursement either for the item or the cost to replace the item, up to the coverage limits on your American Express card. Get more smart money moves straight to your inbox. Many other issuers offer some form of damage against loss or theft for eligible items purchased with the card. Terms, Conditions and Limitations Apply. You need to typically provide documentation (receipts) and sometimes proof such as a police report. Select the Card below to read the full terms and conditions for Return Protection related to that Card. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. 5% cash back at office supply stores and internet, cable and phone services (on up to $25,000 of purchases per year, then 1%); 2% back at gas stations and restaurants (on up to $25,000 per year in purchases, then 1%); 1% back on all other purchases. All Rights Reserved. Purchase protection will reimburse you for theft, loss or accidental damage to eligible items that occurred within 90 days of purchase. To be eligible for purchase protection, you must use an American Express card equipped with this benefit and charge at least a portion of your qualifying purchase to that card. Your next step should be to check the cards benefits guide to determine if your item and its form of damage or loss are eligible. So for example, if someone were to break into your car and steal your laptop, youd be covered under purchase protection, as long as you purchased it with your American Express card. Dozens of cards offer this benefit. The card details on this page have not been reviewed or provided by the card issuer. Best Balance Transfer & 0% APR Credit Cards, NerdWallets Best Credit Card Tips for March 2023, Get more smart money moves straight to your inbox. The American Express Platinum card purchase protection insures items bought with this card for up to $10,000 per incident and $50,000 per account per year. 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. EgnS+JoYlUR fbcv,R38{TA\ =e`%! But can you use your credit card to do so? To take advantage of this benefit, first review your card's benefit statement to see whether you are eligible for reimbursement if a purchase is damaged, stolen or lost. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Please read important exclusions and restrictions. And be aware of excluded purchases, too. It seemed like a good idea at the time, but once I received it and had a chance to install it, I realized that it scared my daughter and seemed too dangerous to me as well. Be the first to know if we spot anything odd or unusual on your account, thanks to our account and fraud alerts. Authorized users are also covered, as . The Blue Business Plus Credit Card from American Express. This coverage is complimentary on most AmEx cards including some debit,. Our opinions are our own. From broken laptops and phones to delivered packages nabbed from the front porch, when you make a Covered Eligible Purchase with your Eligible American Express Card, you can rest easy knowing that you may be protected up to $1,000 per incident (for some Cards you may be protected up to $10,000 per incident) when the unexpected strikes. The coverage is limited up to $1,000 per occurrence, up to $50,000 per Card Member account per calendar year. When evaluating offers, please review the financial institutions Terms and Conditions.