Nearly all Mastercard, Visa and American Express credit cards provide an extended warranty benefit. Discover is the only major card network that does not have an extended warranty program, after discontinuing it in February 2018. Among major credit card issuers, Citi is the only one that has completely removed extended warranties. As of May 8, 2019, extended warranties are no longer available on any Citi credit cards. Another major issuer, Wells Fargo, offers an extended warranty on some but not all of its cards.
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.
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.
American Express has one of the best credit card extended warranty programs on the market. It adds 2 years to eligible U.S. manufacturer's warranties up to 5 years. Amex also gives cardholders 120 days to file claims, instead of 90 days.
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