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. 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. Eligibility and Benefit level varies by Card. 10 points per dollar on Chase Dining, hotels and car rentals when you purchase through Chase Ultimate Rewards; 5 points per dollar on flights when you purchase through Chase Ultimate Rewards; 3 points per dollar on other travel and dining; 1 point per dollar on other purchases. Marriott Bonvoy Brilliant American Express Card. Earning rates: 4 points per dollar spent at restaurants and on the first $25,000 spent at U.S. supermarkets each calendar year (then 1 per dollar); 3 points per dollar spent on flights booked directly with airlines or on Amex Travel; 1 point per dollar spent on other purchases. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. The Ink Business Cash Credit Card offers up to $10,000 per claim in purchase protection on a card with no annual fee. 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. Coverage under the Purchase Protection Program, which covers items broken, stolen, or lost (lost coverage on the Platinum and Centurion cards only) within 90 days of purchase, is up to $10,000 per occurrence on the Platinum card vs. $1,000 on the SPG card. 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. Cash and cash-like items including gift certificates, stamps and coins. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Terms, Conditions and Limitations Apply. Delta SkyMiles Reserve Business American Express Card. Let's take a look at the current coverage on The Platinum Card from American Express as an example. Purchases must be made in the U.S. or its territories1. 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. Platinum. This information may be different than what you see when you visit a financial institution, service provider or specific products site. American Express removed this perk from most of its cards effective at the start of 2020. Purchase Protection If your eligible item* is either stolen or accidentally damaged up to 90 days after you've bought it, we'll reimburse you up to 2,500. This purchase protection product covers damage and theft, but only up to $500 per claim and $50,000 per account. Negotiable instruments including travelers' checks and gift cards. Terms apply. 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. This should be covered under lost item assuming you have the receipt etc. Not if you used the right credit card to make the purchase. The first claim was for a childs bicycle seat that was supposed to mount on my bikes handlebars. Purchases must be made in the U.S. or its territories, Send Money & Split Purchases: Venmo and PayPal, Credit Intel Financial Education Center. 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. Read more. 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 Finally, its not that hard to snap a photo of a receipt and retain it in your smartphones cloud storage archive for many years. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Plus, AmEx can change the coverage at any time. Cristina Gibson is a writer and journalist who has covered consumer goods, fashion, technology, and travel for more than 15 years. Several credit cards may even provide protection if you lose a recently-purchased item. Some may have trouble using Uber/food credits. When we think of travel rewards card benefits, we tend to think of lounge access, free checked bags and companion tickets, but dont stop there. Business fixtures including air conditioners, refrigerators and heaters. ^Eligibility and benefit levels vary by card. How do I Earn Membership Rewards Points? A copy of your primary insurance declaration page, if applicable. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. That proof of loss depends on the circumstances. The purchase must be made in the United States, be in like new condition and the merchant must have previously denied the return. 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. Explore our Cards Terms and Conditions Related: Amex credit card showdown: Blue Cash Preferred vs. Blue Cash Everyday. You will be asked certain questions about your claim at that time. Find out here how we keep you up to date. Other shopping protections: Extended warranty protection adds an additional year to eligible manufacturers warranties of three years or less while return protection covers returns within 90 days of purchase. In addition to stolen and damaged items, AmEx purchase protection also covers items lost within the coverage period. The Ink Cash Card is a great choice if you buy high-value items that are eligible for purchase protection at office supply stores where youll earn 5% cash back until you hit your annual limit. From broken laptops and phones to delivered packages nabbed from the front porch, when you make a Covered Eligible Purchase with your Eligible, 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. And Visa offers Purchase Security to Visa Infinite cardmembers. When evaluating offers, please review the financial institutions Terms and Conditions. Get more smart money moves straight to your inbox. Once American Express has all the information needed to process your claim, theyll notify you via email once a decision has been made. is no longer available through NerdWallet. Welcome bonus: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening. How an often-overlooked credit card benefit put $1,400 back in my wallet, Blue Cash Everyday Card from American Express, monthly spending credits with restaurants, Everything you need to know about Amex purchase protection, Blue Cash Everyday Card from American Express, Amex credit card showdown: Blue Cash Preferred vs. Blue Cash Everyday, an eligible card that earns Chase Ultimate Rewards points, Why I switched from the Chase Freedom to the Chase Freedom Flex. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Each category has certain conditions attached to it. Instead, check the benefits guide to see the card's purchase protection coverage. The American Express Platinum cards are eligible for American Express Purchase Protection. There's a lot to love about the Amex Gold card. We believe everyone should be able to make financial decisions with confidence. 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. How to File a Return Protection Request Terms, Conditions and Limitations Apply. How do I find and add Amex Offers to my Card? JavaScript must be enabled to experience the American Express website and to log in to your account. There are a multitude of purchases that are excluded from purchase protection. Other American Express business cards offer the standard $1,000. You can view the full extended warranty policy for each card. The following items are excluded from this policy: See the entire return protection policy for your card here. 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. You would only be reimbursed up to the amount charged on the card. Can I file an AmEx purchase protection claim if I redeemed points? To be eligible, all you have to do is charge a portion of your qualifying purchase to your American Express card but youll only be reimbursed up to the amount charged to your card. Remember that only purchases made with your eligible American Express card and only the amount charged to your card are eligible for purchase protection. The most common coverage amount is $1,000 per covered incident, but some premium American Express cards cover purchases. 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. Amex EveryDay Credit Card is no longer available through NerdWallet. Our partners cannot pay us to guarantee favorable reviews of their products or services. Furthermore, there are only two American Express business cards that include purchase protection benefits* for lost items, which are also the Delta SkyMiles Reserve Business American Express Card and The Business Platinum Card from American Express. 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. Not a Cardmember yet? Items purchased for professional or commercial use such as education, training or skills. Terms apply. Damage through altercation or modifications. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Quick Points: Hyatt Globalists get free parking on award stays, What are points and miles worth? Join Date: Aug 2009. However, this card doesnt offer extended warranty or return protection. The card has an annual fee of $0, yet comes with a pumped-up earnings structure that covers a wide swath of expenses including travel, drugstores and dining plus rotating quarterly bonus categories in areas many households are likely to find appealing. Are you sure you want to rest your choices? In the event of theft, you must also include a copy of a police report. Terms, conditions and limitations apply. Compare the cost in points or miles to cash, and see which option is best. Notably, American Express prepaid debit cards do not come with this benefit. This is important because many cardholders believe American Express has the least painful claim process of any issuer. 5% cash back on up to $1,500 in combined purchases in rotating bonus categories each quarter (requires activation) and on travel booked through the. Check the details of your card's coverage to see if your incident is covered. Your financial situation is unique and the products and services we review may not be right for your circumstances. The Capital One Venture X Rewards Credit Card is an excellent everyday spending card. Cards with this higher level of coverage include: The information for the Centurion, Business Centurion and Hilton Aspire cards has been collected independently by The Points Guy. There is a maximum coverage amount of $10,000 per item and $50,000 per calendar year.*. If you purchase a high-end $2,500 laptop, you should charge it to your premium card with a $10,000 per incident limit rather than a card with a $1,000 per incident coverage limit. Editorial Note: We earn a commission from partner links on Forbes Advisor. This compensation comes from two main sources. Other business cards only offer coverage for damaged or stolen items on purchase protection claims. All you need to do to get this coverage is to use your eligible AmEx card to make a covered purchase of a tangible item. And extended warranty protection offers one full year of coverage at $10,000 per item and up to $ . Eligibility and Benefit level varies by Card. diamondsaremadeunder 3 yr. ago. In addition to writing for Forbes.com, Aaron is a full-time professional advisor to Fortune 500 companies at a global consulting firm. Press question mark to learn the rest of the keyboard shortcuts. For Capital One products listed on this page, some of the above benefits are provided by Visa or Mastercard and may vary by product. *Eligibility and benefit levels vary by card. TPG values this bonus at $1,388. Here is a list of our partners and here's how we make money. The Centurion Card from American Express** and The Business Centurion Card from American Express. Underwritten by AMEX Assurance Company. You must file a claim within 90 days of your original purchase through this link or by calling 800-228-6855. this adds to already-existing purchase protection and extended warranty . Check the. The information for the Amex Green Card has been collected independently by The Points Guy. This coverage is complimentary on most AmEx cards including some debit, prepaid and reloadable AmEx cards. 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. has been collected independently by NerdWallet . An increasing number of brick-and-mortar retailers (from The Home Depot to the Apple Store) will now email you a receipt from the register. Her focus at TPG is points, miles, loyalty and credit cards. When you purchase an item with a manufacturer's warranty, this benefit can add an extra year to the warranty. Related: Best credit cards with purchase protection. Cash and its equivalent (including, but not limited to, gift cards and gift certificates). Blue Cash Preferred Card from American Express. The manufacturer was completely unwilling to repair or replace it, but once again I remembered my Amex extended warranty policy and filled out an online claim form. One-of-a-kind items, such as antiques and artwork, or limited-edition items. However, this card is so packed with benefits that this coverage doesn't make the card's highlights on the AmEx website. 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. Purchase protection can save your skin and protect the items you've purchased if a recently-bought item is damaged or stolen. Card issuers strive to set their products apart from the competition by offering incentives like welcome bonuses, but sometimes the less-flashy benefits can be even more valuable. So how do we make money? 995 0 obj <>stream The claim should be provided within thirty (30) days of the loss or as soon as reasonably possible. Failing that, I also can search my order history at Amazon, eBay and other online retailers I use. Personal hygiene items or any devices (medical or nonmedical) that have been personally used and could be considered a health risk to others. Shopping online for a car is an accelerating trend changing the purchase process from start to finish. Underwritten by AMEX Assurance Company. Please review. Finders keepers is not really a thing. 2023 American Express. Credit Score ranges are based on FICO credit scoring. Official application link: Blue Cash Everyday Card from American Express. pAxTu:E4 VB8H_ fUsF4A~ScD_ ^8v8_]gw`\7f(g~5"ip JI. Amex will reimburse you up to a maximum of $1,000 per card member account per calendar year based on the date of purchase. Offer ends 3/29/23. Card Rating is based on the opinion of TPGs editors and is not influenced by the card issuer. How do I find and add Amex Offers to my Card? I confess that I dont save a copy of the register receipt from every purchase I make Im just not that organized. Delta SkyMiles Platinum Business American Express Card: $15 back per month on U.S . 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. If an eligible item is lost, accidentally broken, or stolen within 90 days of the purchase date, Amex may reimburse its value. Tip: Use WalletFlo for all your credit card needs. If you're hitting the skies soon, you'll also earn bonus points on travel. This benefit offers cardholders compensation when a store will not accept an eligible item for return within 90 days of purchase. Nonetheless, this useful benefit can save you hundreds (maybe thousands) if you have the misfortune of theft or damage on a covered purchased item within 90 days of purchasing the item. Reply FitYNABer Additional comment actions AMEX Purchase Protection is AWESOME! TPG values this bonus at $1,200. Permanent household items such as carpet, flooring, air conditioners and refrigerators. Virtually all Amex Membership Rewards, cash back and travel credit cards come with this benefit, ranging from basic cards to ultra-premium cards like The Platinum Card from American Expressand co-branded cards with Hilton and Delta (Terms apply). 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. We'll run a soft credit check to find special offers, but it wont affect your credit score. For The Platinum Card from American Express, Delta SkyMiles Reserve American Express Card, American Express Gold Card, Gold Card, and Ameriprise Gold Card Members Purchase Protection can also help protect your purchases for up to 120 days* from the date of purchase if the item is stolen, accidentally damaged or lost. Shop more. Maximum coverage per account for purchase protection: $50,000. Eligibility and Benefit level varies by Card. *Benefits may vary by issuer. Maximum coverage per purchase protection claim: $500. 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. Amex Platinum Lost Item Purchase Protection Question So I recently. Pre-qualified offers are not binding. NerdWallet strives to keep its information accurate and up to date. Earn 100,000 Bonus Miles after spending $6,000 in purchases on your new Card in your first 3 months. You want a travel credit card that prioritizes whats important to you. Here is a list of our partners and here's how we make money. As with any insurance policy, the devil is always in the details. Hilton Honors American Express Aspire Card. 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. The Centurion Card from American Express and The Business Centurion Card from American Express. Eligible American Express cardholders can get reimbursed up to $1,000 or $10,000 per item (depending on the card) and up to $50,000 per cardholder. Dozens of cards offer this benefit. when you need coverage is essential. Provided you purchased them less than 90 days ago you should be covered. 5% cash back on up to $1,500 in categories that rotate quarterly (requires activation), 5% on travel purchased through Chase Ultimate Rewards, 3% on dining and drugstores and 1% on all other purchases. Amex's extended warranty perk applies to warranties of five years or less. This influences which products we write about and where and how the product appears on a page. Purchase Protection is amazing (Plat) Had a great experience with Amex Purchase Protection on the Plat. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105, Purchase Protection: Which Credit Cards Cover Your Belongings. Performance information may have changed since the time of publication. These are provided as guidelines only and approval is not guaranteed. Thankfully, many credit cards offer so-called "purchase protection" that covers theft, damage and loss within a set time after purchase. The extended warranty does not cover the following items: Also, coverage does not apply to damage from natural disasters, alterations or modifications, power surges, war or acts of war or any item under a product recall. Check here before booking an award fare. The warranty wont cover the damage, and you didnt think youd need AppleCare. Instead, check the benefits guide to see the card's purchase protection coverage. Compare the cost in points or miles to cash, and see which option is best. Here are our picks for the. Submitted a claim and it was approved the next day. Here is a list of our partners. 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. There are more than a dozen personal cards that offer $10,000 in purchase protection coverage per item. By Cristina Gibson | American ExpressCredit IntelFreelance Contributor. Some premium American Express Cards also include coverage for lost items and provide coverage of up to $10,000 per incident and $50,000 per year. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. endstream endobj startxref The best credit cards for travel insurance benefits. Objects such as motorized vehicles, artwork, gift cards and perishable items like perfume, food, light bulbs and batteries are all typically ineligible for purchase protection coverage. Many or all of the products featured here are from our partners who compensate us. 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. Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre . All information about Hilton Honors American Express Aspire Card has been collected independently by NerdWallet. How Much Are Travel Points and Miles Worth in 2023? Your complete guide to shopping protections on American Express cards, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Reserve Business American Express Card, Marriott Bonvoy Brilliant American Express Card, Hilton Honors Aspire Card from American Express, The Business Platinum Card from American Express, Hilton Honors American Express Aspire Card, Blue Cash Preferred Card from American Express, The Blue Business Plus Credit Card from American Express, Best credit cards for extended warranties, The best credit cards with price protection, Do Not Sell or Share My Personal Information.