Join Date: Aug 2009. Marriott Bonvoy Brilliant American Express Card. Would probably help your claim, Amex should be able to help you out. Pre-qualified offers are not binding. Terms apply. Motorized vehicles, their parts and accessories as well as those parts and accessories intended for use with the motorized vehicles. In this case, you must purchase an item thats eligible for coverage and the loss cant be due to an excluded reason. For a complete description of the policies of your American Express card, select your card on this page. 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. Amex members get a variety of benefits including exclusive rewards and discounts, 24/7 customer service, travel benefits such as trip protection and car rental savings, and access to extraordinary events. Depending on the credit card, the coverage amount and the duration of the protection may differ. Check the. Amex EveryDay Credit Card is no longer available through NerdWallet. The coverage is limited up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. So how do we make money? Let's look at how Amex purchase protection works, which AmEx cards feature it and the limitations and exclusions of this coverage. when you need coverage is essential. Delta SkyMiles Reserve Business American Express Card. Something went wrong. 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. Balance transfer fee applies, see pricing and terms for more details. Editors note: This is a recurring post, regularly updated with new information. 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. Subject to additional terms, conditions and exclusions. 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. Terms, conditions and limitations apply. Here is a list of our partners and here's how we make money. Whether you want to pay less interest or earn more rewards, the right card's out there. He covers credit cards, loyalty programs and family travel. Each category has certain conditions attached to it. Business Green Rewards Card from American Express. Learn more: How to add money-saving AmEx . If that item is lost, stolen or damaged within the first 90 days, file a Notice of Claim within 30 days to start the claims process. American Express makes it easy - you can file your claim online or by giving us a call at 1-800-322-1277; if international, call collect at 1-303-273-6498. NerdWallet strives to keep its information accurate and up to date. The extended warranty period is an additional year and is limited to covering the actual purchase amount paid for with your card. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. Amex purchase protection has been absolutely fantastic for the occasional janky Amazon purchase, particularly marketplace items. $1,000 per item (or $500 per event for natural disasters).*. For rates and fees of the Amex Gold Card, please click here.For rates and fees of the Blue Cash Everyday, please click here.For rates and fees of the Amex Platinum Card, please click here.For rates and fees of the Hilton Aspire, please click here.For rates and fees of the Delta Reserve, please click here. Consumable or perishable items such as perfume, light bulbs and batteries. While extended warranty coverage offers more comprehensive damage protection, purchase protection gives you more protection in case of theft. Past performance is not indicative of future results. Many Amex cards offer purchase protection but coverage limits vary. Be the first to know if we spot anything odd or unusual on your account, thanks to our account and fraud alerts. 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. Purchases must be made in the U.S. or its territories, Send Money & Split Purchases: Venmo and PayPal, Credit Intel Financial Education Center. Related: How an often-overlooked credit card benefit put $1,400 back in my wallet. Underwritten by AMEX Assurance Company. This guide will describe the basics of credit card purchase protection and detail the credit cards that offer the best coverage. Heres what you need to know about foreign transaction fees what they are and how to avoid them. Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. So how do we make money? You want a travel credit card that prioritizes whats important to you. Before making a significant purchase, know the benefits of each card you could use for the purchase. And you'll usually be required to file a police report if you are claiming it as stolen. And be aware of excluded purchases, too.
By taking advantage of the valuable shopping protection policies offered by most American Express cards, you can save hundreds (or even thousands) of dollars when a purchase doesnt work out the way you hoped. Hilton Honors American Express Surpass Card. 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. Does AmEx purchase protection cover lost items? After working as a tax accountant for a decade, JT turned his analytical skills to points, miles and credit cards. Hilton Honors American Express Aspire Card is no longer available through NerdWallet. pAxTu:E4 VB8H_
fUsF4A~ScD_ ^8v8_]gw`\7f(g~5"ip
JI. 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. You can do so online or by calling Amex at 1-800-322-1277. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Items damaged by natural disasters are subject to different terms and limits notated in each cards terms and conditions. Purchase protection doesnt require any registration in advance. Blue Cash Everyday Card from American Express. Earn 4X Membership Rewards Points at Restaurants, plus takeout and delivery in the U.S. Just answer a few questions and we'll narrow the search for you. Here is a list of our partners. Press J to jump to the feed. The card doesnt offer price protection or return protection, though. If there is a chance that an item might get broken or stolen, make sure that it is charged to your eligible American Express card. In other words, if your item gets damaged when being shipped by FedEx, UPS or similar, it may not be covered under Amexs Purchase Protection (it may however be eligible for some reimbursement by filing a claim through the third-party carrier). Purchase Protection Protect your shopping Enjoy stress-free shopping when you use your American Express Card, with 90-day Purchase Protection. Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. The best credit cards for travel insurance benefits. Visit americanexpress.com/benefitsguide for details. Aaron is an avid global traveler and miles and points enthusiast. With most Amex cards, youre covered for up to $1,000 per covered incident and up to $50,000 per year, but the reimbursement doesnt include any shipping or handling expenses. Editorial disclaimer: 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. This benefit acts as a kind of insurance against theft or damage for a period of time after you buy something. Check your benefits guide for complete details. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Policies are underwritten by AMEX Assurance Company. Remember that only purchases made with your eligible American Express card and only the amount charged to your card are eligible for purchase protection. All Rights Reserved. Pre-qualified offers are not binding. *Excess of 50 applies. Policies are underwritten by AMEX Assurance Company. The information for the Amex Green Card has been collected independently by The Points Guy. From bedroom furniture to clothing and cellular phones to handbags, purchase protection can be a worthwhile benefitparticularly for high-priced items. Instead, check the benefits guide to see the card's purchase protection coverage. Its easy to write off these policies as being too much of a hassle or, conversely, being too good to be true. Keep in mind that not all purchases or items are covered . So, you can't claim purchase protection if your baseball bat or hockey stick breaks. 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. You'll notice that nearly all AMEX cards offer this benefit, so chances are you're already covered. All American Express cards with extended warranty benefits provide the same amount of coverage. Yes, cardmembers of the American Express Gold Card are covered by AmEx's purchase protection coverage. Amazon marketplace merchant won't accept returns after 30 days. As with any insurance policy, the devil is always in the details. This site does not include all credit card companies or all available credit card offers. How to file a purchase protection claim with Amex. This benefit is limited to $1,000 annually. This site does not include all credit card companies or all available credit card offers. How do I Earn Membership Rewards Points? Several credit cards offer purchase protection, which acts as insurance against an item being stolen or damaged for a certain period of time after you buy it. Not as useful for those living outside the U.S. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. American Express is a financial services company that offers credit cards, debit cards, charge cards and travel services. However, the purchase protection coverage amounts and limitations vary between AmEx cards. Welcome bonus: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening. To view rates and fees of the American Express Gold Card, see this page. Terms apply. A variable APR of 19.49%28.24% applies thereafter. Delta SkyMiles Blue American Express Card. 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). The American Express Gold Card has one of the lowest annual fees of American Express cards that offer generous $10,000 purchase protection coverage per item (excluding natural disasters). For claims filed internationally, you can dial 1-303-273-6498. 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. Health care items and/or medical equipment. Pre-qualified offers are not binding. How do I Redeem Membership Rewards Points. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. 3 points per dollar on eligible Delta purchases; 1 point per dollar on other purchases. For an explanation of our Advertising Policy, visit. 0% intro APR for 15 months from account opening on purchases and balance transfers. Underwritten by AMEX Assurance Company. Buts its still "status open" now and have no update. Earning rates: 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year (then 1% back); 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year (then 1% back); 1% cash back on all other purchases. To file a claim with Amex purchase protection, you can do so online or by calling 800-228-6855. %%EOF
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre . * Eligibility and benefit levels vary by card. Business cards are no exception. How To Find The Cheapest Travel Insurance. Amex has you covered in that instance, too. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. In addition to stolen and damaged items, AmEx purchase protection also covers items lost within the coverage period. You will be asked for a copy of the receipt, your Amex purchase record and the original warranty. Let's take a look at the current coverage on, holders are covered for up to 90 days from the date of a covered purchase of an eligible item. FlyerTalk Evangelist. Eligibility and Benefit level varies by Card. Related: Battle of the premium travel rewards cards which is best for you? Not lost, you know where you left it, and someone took it knowing it did not belong to them. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. AmEx purchase protection excludes a long list of types of purchases, including: Antiques, artwork and previously used items. American Express also has a range of versatile credit cards with competitive interest rates and benefits such as travel insurance, cashback, extended warranty and more! Terms apply to the offers listed on this page. When evaluating offers, please review the financial institutions Terms and Conditions. to see if your incident is covered. Related: Your complete guide to shopping protections on American Express cards. Indirect or direct damage to an item or property resulting from a covered event. You must provide an original store receipt (or a printout of an online receipt). Each eligible AmEx card is covered for up to $50,000 in claims per year. Each eligible AmEx card is covered for up to $50,000 in claims per year. 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. If you have an item that was damaged or stolen shortly after you purchased it, it can be worth checking the guide to benefits of the card you used to purchase that item to see if a form of purchase protection applies. Terms and conditions will apply. Press question mark to learn the rest of the keyboard shortcuts. Many or all of the products featured here are from our partners who compensate us. Items not being safeguarded or left at an unlocked location. The card details on this page have not been reviewed or provided by the card issuer. Coverage can vary based on your state of residence, though, and bonus categories sometimes have caps. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Marriott Bonvoy Business American Express Card. This post contains references to products from one or more of our advertisers. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Here's a look at how purchase protection programs work. For most claims, you'll typically need to submit: A copy of your credit card statement with the purchase. However, Ive filed two claims with Amex in the past; in both cases, I was pleasantly surprised at how quick and easy the process was. Purchase protection will reimburse you for theft, loss or accidental damage to eligible items that occurred within 90 days of purchase. There's a lot to love about the Amex Gold card. Purchase Protection is amazing (Plat) Had a great experience with Amex Purchase Protection on the Plat. Cash and cash-like items including gift certificates, stamps and coins. This should be covered under lost item assuming you have the receipt etc. Editors note: This is a recurring post, regularly updated with new information. If filing a damaged or stolen item claim, you may be asked to demonstrate a photograph showing the damage to your item. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Compare the cost in points or miles to cash, and see which option is best. For example, The Platinum Card from American Express and other cards offer purchase protection, which can reimburse you if a covered item is stolen or damaged within a specified window of time . See the respective Guide to Benefits for details, as terms and exclusions apply. For a complete description of the policies of your American Express card, select your card on this page. However, you may want to use a card with price protection or a card that extends warranties by two years instead of just one year for some purchases. Although this is an oft-overlooked benefit, purchase protection can provide exceptional value. Terms, conditions and limitations apply. ^ Eligibility and benefit levels vary by card. Plus, your own feed of TPG content. Earn 100,000 Bonus Miles after spending $6,000 in purchases on your new Card in your first 3 months. Coverage applies for 90 days after purchasing the item. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. The Platinum also offers 90 days of return protection, up to $300 per item. Finders keepers is not really a thing. The most common coverage amount is $1,000 per covered incident, but some premium American Express cards cover purchases up to $10,000 per incident. For an explanation of our Advertising Policy, visit. If you're hitting the skies soon, you'll also earn bonus points on travel. 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. Related: Who should (and shouldnt) get the Capital One Venture X card? Hilton Honors American Express Aspire Card. Return protection differs from AmEx's purchase protection, which covers you if a purchase is lost or stolen within 90 days. You must file a claim within 90 days of your original purchase through this link or by calling 800-228-6855. The purchase must be made in the United States, be in like new condition and the merchant must have previously denied the return. Finally, some American Express cards offer purchase protection even when you lose a recently-purchased item.