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.). All information about Hilton Honors American Express Aspire Card has been collected independently by NerdWallet. Uber Cash and Uber VIP status is available to Basic Card Member only. 2023 American Express. Fortunately, American Express offers it as one of its standard perks, including with its cards that don't have an annual fee. Our partners compensate us. Underwritten by AMEX Assurance Company. 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. Earn 70,000 Bonus Miles after spending $5,000 in purchases on your new Card in your first 3 months of Card Membership. . For this purchase protection coverage to apply, you must pay for at least a portion of the purchase with your Amex card or American Express rewards points. only covers up to $10,000 per covered purchase. Now there are even more places your Platinum Card can get you complimentary entry and exclusive perks. Since I was outside of the stores 30-day return policy but still within 90 days of purchase, I filed a return protection claim online with Amex. The other card networks often offer their own purchase protections as part of their network affiliation. At the time of writing, The Platinum Card from American Express holders are covered for up to 90 days from the date of a covered purchase of an eligible item. The extended warranty period is an additional year and is limited to covering the actual purchase amount paid for with your card. Plus, not all damage and losses are covered. x][s8~wjJ[1M\INm)qTdctJ ) E=SH"h6 O6=rv,_7r3Y/s#.t'kd bBJK9>:}YqaX0DI stream You also may be asked to return the item to Amex in the event it cant be repaired or to provide proof of loss via a repair estimate form or photographs showing the item's current condition. How do I Redeem Membership Rewards Points. Purchase Protection is underwritten by AMEX Assurance Company. All users of our online services are subject to our Privacy Statement and agree to be bound by the Terms of Service. Terms apply. Within a few days, you should get an email from American Express asking for any documentation they require - typically just a copy of your itemized store receipt for the items. Earn 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. For information on coverage limits and what's not covered, review your card's guide to benefits. Damage through altercation or modifications. Plus, AmEx can change the coverage at any time. The Platinum Card, Gold Card, Delta SkyMiles Reserve Card, Hilton Aspire Card, and Marriott Bonvoy Brilliant Card are just a few examples. From porch pirates to Murphy's law, a lot can go awry between the time you buy an item and make use of that purchase. In this case, you must purchase an item thats eligible for coverage and the loss cant be due to an excluded reason. 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). 1 CLAIM DETAILS 2 DOCUMENT LIST Enter your claim details. 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. You will be asked for a copy of the receipt, your Amex purchase record and the original warranty. Please visit americanexpress.com/benefitsguide for more details. Checking vs. Savings Account: Which Should You Pick? As stated, Notice of Claim should be provided to Amex within 30 days of the incident. Our partners cannot pay us to guarantee favorable reviews of their products or services. 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. Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. Marriott Bonvoy Business American Express Card. Related: The best credit cards with price protection. Many other issuers offer some form of damage against loss or theft for eligible items purchased with the card. If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. American Express purchase protection works by covering the damage or theft of eligible purchases for up to 90 days after the purchase date. However, most purchases made in the United States qualify for return protection. Delta SkyMiles Blue American Express Card. In some cases, we receive a commission from our partners; however, our opinions are our own. Select the Card below to read the full Policy for Extended Warranty related to that Card. Delta SkyMiles Reserve American Express Card. Keep track of all the required documentation, such as the original store receipt or a printout of an online receipt. To get started, you'll just need your receipt from the merchant and your American Express card statement. For full Terms and Conditions, see www.americanexpress.com/PPterms. AmEx return protection is an extended return policy covering eligible purchases. By clicking Sign up, you agree to receive marketing emails from Insider If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Cate Langs, Member. American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. Frequently Asked Questions. Are you sure you want to rest your choices? It isn't and even better, the process is very simple. The maximum you can be reimbursed is the amount of the original charge on your card. The coverage maximums vary by card, though. **, Morgan Stanley Blue Cash Preferred American Express Card.**. However, there are plenty of credit cards that offer travel insurance and protections. Credit Score ranges are based on FICO credit scoring. Big spenders should note that the purchase protection on The Platinum Card from American Express only covers up to $10,000 per covered purchase. 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. For rates and fees of the Blue Cash Preferred Card from American Express, please click here. AmEx purchase protection excludes a long list of types of purchases, including: Antiques, artwork and previously used items. If you have questions, please consult your own professional legal, tax and financial advisors. When you purchase an item with a manufacturer's warranty, this benefit can add an extra year to the warranty. Earn 5% on Chase travel purchased through Chase Ultimate Rewards, 3% on dining and drugstores and 1.5% on all otherRead More, A good overall spending card that allows you to hold a balance on new purchases with a low introductory APR, pay no annual fee, and still earn at least 1.5% cashback on all purchases. And extended warranty protection offers one full year of coverage at $10,000 per item and up to $50,000 per calendar year. You may also be asked to return the item to Amex, so be sure to hang onto it until your claim is resolved. This compensation comes from two main sources. 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. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Negotiable instruments including travelers' checks and gift cards. American Express purchase protection is short-term insurance for products you buy. * Even when you don't need it, just knowing your card offers it can give you peace of mind. If filing online, you will be prompted to submit required documents to support your claim. CLAIM NUMBER (NUMERIC-PART ONLY) DOCUMENT UPLOAD NUMBER Are you a robot? Aaron is an avid global traveler and miles and points enthusiast. The Forbes Advisor editorial team is independent and objective. Don't you wish you could take a peek inside a credit card expert's wallet sometimes? In contrast, more than a dozen personal American Express cards include loss as a qualified purchase protection reason in their benefits. Just like if you were returning the item to the store you bought it from, Amex will reimburse you for taxes but not shipping. Improve earnings, maximize rewards and track progress toward dream trips. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. He writes for The Ascent and The Motley Fool, and his work has appeared in USA Today and Yahoo! See if Youre Pre-Qualified, Credit Intel Financial Education Center. 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. <>>> Forbes Advisor created additional star ratings so that you can see the best card for specific needs. To provide notice you can call Amex at the following phone number: 1-800-322-1277 or, if from overseas, by calling collect 1-303-273- 6498. has been collected independently by NerdWallet. Information provided on Forbes Advisor is for educational purposes only. Just make sure to file a notice of claim within 30 days of the loss. Coverage limits apply. How do I file a purchase protection claim? No minimum to redeem for cash back. AmEx makes it easy to file a purchase protection claim on its website. Coverage for loss, theft, or damage is provided for up to 90 days from the date of purchase. There is, however, a higher maximum of $10,000 per claim with several premium American Express cards. Let's look at how Amex purchase protection works, which AmEx cards feature it and the limitations and exclusions of this coverage. Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more. ^Eligibility and benefit levels vary by card. 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. American Express purchase protection works by covering the damage or theft of eligible purchases for up to 90 days after the purchase date. Underwritten by AMEX Assurance Company. In the event of theft, you must also include a copy of a police report. You want a travel credit card that prioritizes whats important to you. Coverage limits apply. Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months. Terms and conditions will apply. For return protection, you have to file a claim within 90 days of your original purchase. What Types of Homeowners Insurance Policies Are Available? 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. Keep reading for a step-by-step guide to using the return protection benefit on your American Express card. When deciding which travel rewards card to use for large purchases, its important to look beyond the points and miles you earn. Terms, conditions and limitations apply. The card details on this page have not been reviewed or provided by the card issuer. The coverage is limited up to $1,000 per occurrence, up to $50,000 per Card Member account per calendar year.
