The Capital One Quicksilver purchase protection benefit covers eligible items against damage and theft for 90 days after the purchase date. In order to qualify, pay for your purchase entirely with your Capital One Quicksilver card.
Capital One Quicksilver purchase protection replaces, repairs or reimburses you up to the original purchase price, but not exceeding a pre-determined amount per claim.
Here’s how the Capital One Quicksilver purchase protection benefit works:
What it is: Purchase protection or "purchase security" replaces, repairs or reimburses you for eligible items purchased entirely with your Capital One Quicksilver card against theft or damage within the first 90 days of the purchase date.
How much is covered: Coverage is up to the stolen/damaged item, or up to a pre-determined amount per purchase, whichever is less. Capital One Quicksilver is issued as a Mastercard, but networks change often and there are both VISA and Mastercard versions of the card. You can check the full amounts covered for both VISA and Mastercard.
What is covered: Eligible purchases include items damaged due to fire, explosion, vandalism, vehicles, accidental discharge of water, theft, or sudden accidental damage from electric current.
What is not covered: Excluded items include animals and living plants, boats, automobiles, aircraft, items purchased for resale, professional or commercial use, medical equipment, and perishable items. Theft from motorized vehicles I also not covered.
How to file a claim: If your Capital One Quicksilver is a Mastercard, call your Benefit Administrator at (888) 531-4227 within 60 days of the theft or damage. For VISAs, call (820) 553-4820 within the same time frame. If your purchase is stolen or damaged, make sure to also file a police report within 48 hours of the occurrence. You will be given a claim form which you will have to complete and return along with other requested documents, within 180 days of the incident for Mastercard and 90 days for VISA. Alternatively, you can also file a claim through Card Benefit Services. In the event of damaged items, you may be asked to send the damaged item along with the claim, at your expense.
To learn more about Capital One Quicksilver purchase protection, log in to your online account, select the "I want To" menu and click "Read about card Benefits." Simply match the benefits with your Capital One Quicksilver network – you can find it listed on your statement.
Capital One purchase protection covers things you purchase entirely with your Capital One card from theft or damage for the first 90 days after the purchase. They will replace, repair or reimburse you up to the original purchase price. The maximum amount per claim/cardholder depends on the type of credit card and its network.… read full answer
Types of Cards with Purchase Protection
Capital One’s purchase protection benefits depend on the tier of your Capital One Mastercard or Visa. For example, Capital One’s Visa Signature, Visa Professional, and Visa Business credit cards have this benefit. On the Mastercard side, Capital One’s World, World Elite, World Elite Business, and Business Platinum Mastercards offer purchase protection. The tiers without purchase protection include Visa Platinum and Platinum Mastercard. The tier you get generally depends on your creditworthiness at the time you apply for a card.
To see which kind of Capital One card you have, flip the card over. You’ll see the Visa or Mastercard logo, and “Signature,” “Platinum,” “Business,” etc., will be written above or below the logo. But keep in mind that just because you have one of those cards doesn’t mean your card has the purchase protection benefit, though.
Here is more info about the Capital One purchase protection coverage:
What is covered: Some examples of what’s covered by Capital One’s purchase protection include items purchased with your Capital One card that are stolen, damaged by fire or vandalism, or affected by “certain weather conditions.”
What is not covered: The list of what’s not covered is extensive and specific: perishables, software, plants and animals, collectibles, used items, items stolen from vehicles or common carriers or checked luggage, and “lost” items that have disappeared without evidence of a wrongful act, among other things.
Coverage amount: The maximum amount that you will get depends on the tier of your Capital One Mastercard or Visa. But it can vary between $500 to $10,000 per claim.
It’s important to note that many credit card benefits, like purchase protection, have been getting cut from benefits packages in recent years. The information above is correct right now, but could quickly change. If you plan on getting one of these credit cards, refer to the benefits booklet that comes with your new card for the most accurate information. You can also look up your card’s benefits on the Capital One website.
Yes, the Capital One Quicksilver Card does offer extended warranty protection. The Capital One Quicksilver extended warranty policy will lengthen the original manufacturer’s warranty by up to 2 extra years for warranties of 2 years or less. The maximum coverage amount per item under the Capital One Quicksilver Card extended warranty policy is $10,000.… read full answer
Capital One Quicksilver 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 Capital One Quicksilver Card or ask Capital One customer service.
In addition to extended warranty coverage, the Capital One Quicksilver Card offers price protection, cell phone protection, and concierge services. It also has an annual fee of $0. All in all, the Capital One Quicksilver Card is a good credit card for people who don’t spend much but want good insurance coverage.
The best Capital One Quicksilver benefits are travel accident insurance and extended warranty. The Capital One Quicksilver Cash Rewards Credit Card also has identity theft protection and $0 fraud liability, which are more common perks across Capital One credit cards.
Along with these benefits, the Capital One Quicksilver credit card has a $0 annual fee and gives rewards on all purchases. As long as you have good credit, the Capital One Quicksilver Cash Rewards Credit Card is certainly a card to consider adding to your wallet.
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