Yes, the Bank of America Customized Cash Rewards credit card does offer extended warranty protection. The Bank of America Customized Cash Rewards credit card extended warranty policy will lengthen the original manufacturer’s warranty by up to 1 extra year for warranties of 3 years or less.
Bank of America Customized Cash Rewards credit card extended warranty protection does not cover motorized vehicles, live animals, live plants, or used items, among other things. For more details on this perk’s terms and conditions, refer to the guide to benefits that came with your Bank of America Customized Cash Rewards credit card or ask Bank of America customer service.
In addition to extended warranty coverage, the Bank of America Customized Cash Rewards credit card offers 1 - 3% cash back on purchases and a 0% intro purchase APR for 18 billing cycles. It also has an annual fee of $0. All in all, the Bank of America Customized Cash Rewards credit card is a good credit card for people who want good rewards for everyday spending.
Bank of America® Customized Cash Rewards credit card
A credit card extended warranty will add at least 1 extra year to an existing U.S. manufacturer’s warranty. It covers eligible items purchased with the card. Extended warranties provide up to $10,000 in coverage per item. In most cases, there’s a $50,000 limit per account. Some of the best extended warranty policies do not set a maximum dollar amount per account.
Not all items qualify for the benefit. Non-covered items vary depending on the card. Most programs will not cover motorized vehicles, computer software, used items and medical equipment.
How to File a Claim
To file a credit card extended warranty claim, you’ll have to contact the card’s benefit administrator. You will typically need to do so within 90 days of an item breaking, depending on the card. You will then need to file a claim form along with any relevant supporting documentation, such as your credit card statement, store receipt and original warranty. You may also have to send a copy of a repair order, if applicable. Networks and issuers have varying deadlines for submitting the claim form and other documents. Refer to your card’s benefits guide for specifics.
If your credit card originally came with an extended warranty benefit, it may be worth checking with your card issuer to see if the benefit still applies. Citi isn’t the only card issuer to slash extended warranty benefits in recent years. For instance, American Express used to have one of the best credit card extended warranty programs on the market. However, Amex cut its former 2-year extended warranty down to 1 year in 2020, and removed the benefit completely from several no-annual-fee credit cards.
Generally, credit card price protection allows cardholders to receive a refund for the difference between an item’s original purchase price and a lower price advertised within the following 60 to 120 days. Coverage amounts and excluded items vary, depending on the credit card issuer.
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