amex platinum purchase protection lost item

You can convert your Chase Freedom Flex earnings to Chase Ultimate Rewards points if you have an eligible card that earns Chase Ultimate Rewards points, such as the Chase Sapphire Reserve or Chase Sapphire Preferred Card. You will be asked certain questions about your claim at that time. Underwritten by AMEX Assurance Company. Some issuers also refer to this benefit as purchase security. Other shopping protections: The extended warranty protection extends eligible manufacturers warranties of three years or less by one additional year. Credit cards vary in the amount and duration of coverage provided, so make sure to read the terms and conditions. This information may be different than what you see when you visit a financial institution, service provider or specific products site. It can help protect Covered Purchases made on your Eligible Card when theyre accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. 3 points per dollar on eligible Delta purchases; 1 point per dollar on other purchases. However, there are varying levels of protection. There are more than a dozen personal cards that offer $10,000 in purchase protection coverage per item. As always, check your credit cards guide to benefits to see which benefits apply to you. Click "file a claim" and select the card for which you're filing a claim, enter your date of purchase and click "continue.". Each eligible AmEx card is covered for up to $50,000 in claims per year. 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. However, this card is so packed with benefits that this coverage doesn't make the card's highlights on the AmEx website. As with any insurance or coverage product, AmEx purchase protection comes with limitations and exclusions. Press question mark to learn the rest of the keyboard shortcuts. ^ Eligibility and benefit levels vary by card. Please visit americanexpress.com/benefitsguide for more details. Although this guide focuses on purchase protection, you should also consider benefits like return protection, price protection and extended warranty. The claim should be provided within thirty (30) days of the loss or as soon as reasonably possible. Terms and conditions will apply. 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. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Do not sell or share my personal information. Purchases must be made in the U.S. or its territories, Send Money & Split Purchases: Venmo and PayPal, Credit Intel Financial Education Center. If submitting a claim by phone, you will be asked certain questions about your claim. AmEx purchase protection also doesn't cover losses when the item isn't "reasonably safeguarded" such as leaving it in an unlocked car or publicly unattended. Youre out of luck, right? I definitely lean toward my Amex card when I buy a television, computer or a major appliance that can be costly to repair even if it means sacrificing bonus points. Policies are underwritten by AMEX Assurance Company. Finally, some American Express cards offer purchase protection even when you lose a recently-purchased item. $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year. The Hilton Honors American Express Business Card. As stated, Notice of Claim should be provided to Amex within 30 days of the incident. 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. In the case of a damage claim, you may need to send in the broken item. 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. AmEx makes it easy to file a purchase protection claim on its website. From bedroom furniture to clothing and cellular phones to handbags, purchase protection can be a worthwhile benefitparticularly for high-priced items. Youll be asked for a copy of the receipt and your Amex purchase record. So how do we make money? Quote: Originally Posted by JeffD. 3 yr. ago. All American Express cards with extended warranty benefits provide the same amount of coverage. Consumable or perishable items like food and batteries. 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). The Forbes Advisor editorial team is independent and objective. Our partners compensate us. 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. American Express removed this perk from most of its cards effective at the start of 2020. JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. Check your benefits guide for complete details. Terms apply. Are you sure you want to rest your choices? 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. I confess that I dont save a copy of the register receipt from every purchase I make Im just not that organized. He covers credit cards, loyalty programs and family travel. Terms apply. 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. This benefit acts as a kind of insurance against theft or damage for a period of time after you buy something. Many Amex cards offer purchase protection but coverage limits vary. This card shines for this use, but overall the star ratings may differ when compared to other cards. Our points-obsessed staff uses a plethora of credit cards on a daily basis. The card details on this page have not been reviewed or provided by the card issuer. You can do so online or by calling Amex at 1-800-322-1277. update? Things To Do Before Canceling A Credit Card, Best Credit Cards For Travel Insurance Benefits, American Express Business Platinum Review, Delta SkyMiles Reserve Credit Card Review, Rotating quarterly categories earn 5% rewards when activated, up to a combined quarterly $1,500 maximum, Travel rewards rate rivals some of the best premium travel cards, Generous rewards rate in several other categories, Travel bookings must be made through Chase Ultimate Rewards to earn 5% cash back. All information about Amex EveryDay Credit Card has been collected independently by NerdWallet . Each eligible AmEx card is covered for up to $50,000 in claims per year. Our opinions are our own. Some may have trouble using Uber/food credits. Hilton Honors American Express Aspire Card is no longer available through NerdWallet. Claims usually require original receipts and the credit card statement related to the purchase. The coverage is limited up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Most Cards allow up to $1,000 per incident, with a limit of $50,000 per year. He published over 2,000 articles on The Points Guy before becoming a freelance writer. Return protection differs from AmEx's purchase protection, which covers you if a purchase is lost or stolen within 90 days. NerdWallet strives to keep its information accurate and up to date. All financial products, shopping products and services are presented without warranty. American Express processes claims more quickly than some other issuers. Eligibility and Benefit level varies by Card. This site does not include all credit card companies or all available credit card offers. Note that purchase protection is different from. You can view the full extended warranty policy for each card. Welcome bonus: Earn $200 cash back after spending $500 on purchases in your first three months of account opening. Terms, Conditions and Limitations Apply. Coverage on the SPG card remains at $1,250 for carry-on baggage and $500 for checked baggage. If your claim is successful, the credit card company will choose to replace, repair or reimburse you for the lost or damaged item. Before making a significant purchase, know the benefits of each card you could use for the purchase. Business cards are no exception. 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. 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. How do I Earn Membership Rewards Points? Subject to additional terms, conditions and exclusions. Please read important exclusions and restrictions. If a recently purchased item is damaged, stolen or lost, your first step should be to determine whether the card used to purchase the item has purchase protection. In the event of theft, you must also include a copy of a police report. 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. All financial products, shopping products and services are presented without warranty. While extended warranty coverage offers more comprehensive damage protection, purchase protection gives you more protection in case of theft. To start the process, log into your AmEx account and go to the claims center page. TPG values this bonus at $1,200. 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. Eligibility and Benefit level varies by Card. You must provide an original store receipt (or a printout of an online receipt). However, certain premium cards cover your purchases for up to $10,000 per incident, with the same limit of up to $50,000 in total claims per calendar year.*. I was not asked to return the items in question in either case. Delta SkyMiles Gold Business American Express Card. Be ready to provide an itemized online receipt or original store receipt of the item as you will need it to receive claim consideration. Remember that only purchases made with your eligible American Express card and only the amount charged to your card are eligible for purchase protection. We'd love to hear from you, please enter your comments. has been collected independently by NerdWallet. 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. Balance transfer fee applies, see pricing and terms for more details. 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. *, 4 points per dollar at restaurants and at U.S. supermarkets (on up to $25,000 per calendar year, then 1 per dollar); 3 points per dollar on flights booked directly with the airline or purchased through. Check the. 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. I have the Platinum card so would this be covered under lost item protection or would I be SOL? Amex Platinum Lost Item Purchase Protection Question So I recently. Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre . 2023 Forbes Media LLC. Learn more: The best travel credit cards right now. Terms apply. Press J to jump to the feed. 4. More information can be found here. For Capital One products listed on this page, some of the above benefits are provided by Visa or Mastercard and may vary by product. This purchase protection product covers damage and theft, but only up to $500 per claim and $50,000 per account. Cristina Gibson is a writer and journalist who has covered consumer goods, fashion, technology, and travel for more than 15 years. The claim was quickly accepted, and I was issued a statement credit for my purchase. The annual maximum is also pretty generous at $50,000 per year for most cards. 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. You might be using an unsupported or outdated browser. Unfortunately, if you're affected by a natural disaster, AmEx purchase protection only covers a maximum of $500 in claims per event. This card has the brawn to handle just about all of your credit card spending needs without an over-inflated price tag. 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. Something went wrong. Blue Cash Preferred Card from American Express. How do I Earn Membership Rewards Points? The Blue Business Plus Credit Card from American Express. Purchase protection will reimburse you for theft, loss or accidental damage to eligible items that occurred within 90 days of purchase. 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). Any purchase that is not in an excluded category and is made with a qualifying American Express card will receive purchase protection. You can view the full list of cards here. *Excess of 50 applies. You will be asked for a copy of the receipt, your Amex purchase record and the original warranty. $10,000 per claim, $50,000 per year for the American Express Gold Card, The Platinum Card from American Express and Delta SkyMiles Reserve . Disclaimer: NerdWallet strives to keep its information accurate and up to date. Earn 3X Membership Rewards points on flights booked directly with airlines or on amextravel.com. Visit americanexpress.com/benefitsguide for details. 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. Please review. Its easy to write off these policies as being too much of a hassle or, conversely, being too good to be true. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. Eligibility and Benefit level varies by Card. Our partners cannot pay us to guarantee favorable reviews of their products or services. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Fortunately, in many places, you dont need to go down to the local police precinct as many cities have an online portal to submit reports for incidents like theft, lost property or damage to property. 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. Purchase Protection often covers loss, damage and theft for a short period of time, usually a few months, after purchase. You would only be reimbursed up to the amount charged on the card. To be eligible, you must pay for the entire cost of the item with your eligible American Express card, and purchases must be made in the U.S. or U.S. territories.^. That proof of loss depends on the circumstances. 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. One-of-a-kind items, such as antiques and artwork, or limited-edition items. Here is a list of our partners. This benefit is limited to $1,000 annually. 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). 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. and U.S. supermarkets. For example Mastercard offers Purchase Assurance to many Mastercard holders. This post contains references to products from one or more of our advertisers. 10 mile per dollar on hotels and rental cars booked through Capital One Travel; 5 miles per dollar on flights booked through Capital One Travel; 2 miles per dollar on all other purchases. The material made available for you on this website, Credit Intel, is for informational purposes only and is not intended to provide legal, tax or financial advice. Join Date: Aug 2009. Get more smart money moves straight to your inbox. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Authorized users are also covered, as long as theyre U.S. residents. 971 0 obj <>/Encrypt 962 0 R/Filter/FlateDecode/ID[]/Index[961 35]/Info 960 0 R/Length 65/Prev 833811/Root 963 0 R/Size 996/Type/XRef/W[1 2 1]>>stream Please visit americanexpress.com/benefitsguide for more details. Maximum coverage per purchase protection claim: $500. Compact discs, digital video discs, mini discs, audiotapes and videotapes. All users of our online services are subject to our Privacy Statement and agree to be bound by the Terms of Service. Who should (and shouldnt) get the Capital One Venture X card? War, acts of war or service in the military. Negotiable instruments including travelers' checks and gift cards. When evaluating offers, please review the financial institutions Terms and Conditions. Choose the color that suits your style. Terms, Conditions and Limitations Apply. 2023 American Express. 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. Our partners compensate us. Platinum. Related: Amex credit card showdown: Blue Cash Preferred vs. Blue Cash Everyday. Pre-qualified offers are not binding. 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. 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. Does AmEx purchase protection cover lost items? The Ink Business Cash Credit Card offers up to $10,000 per claim in purchase protection on a card with no annual fee. The best credit cards for travel insurance benefits. when you need coverage is essential. Welcome bonus: Earn $900 cash back after you spend $6,000 on purchases in the first three months of account opening. Plus, AmEx can change the coverage at any time. 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. Blue Cash Everyday Card from American Express. I started a claim on Feb 11 and Uploaded the Claim Form and Store receipt on Feb 13. All information about The Amex EveryDay Preferred Credit Card from American Express has been collected independently by NerdWallet. Plus, your own feed of TPG content. 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.).

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