The Discover card rental car insurance benefit was discontinued for all Discover credit card accounts on February 28, 2018. The last day to file a claim was May 29, 2018 for incidents that happened on or before February 28. Prior to that date, Discover card rental car insurance provided up to $25,000 in coverage for rental cars that were damaged or stolen. Cardholders had to pay for the rental with a Discover card or Discover card rewards to be covered. They also had to decline the rental agency’s insurance offer to be eligible.
In addition to rental car insurance, Discover has cut several credit card benefits since February 2018. Discover dropped travel accident insurance, purchase protection, extended warranties and return protection.
The other three major credit card networks still offer rental car insurance. But credit card issuers are the ones that set the specific coverage terms. Discover, like American Express, happens to be both an issuer and a network.
The Discover price protection benefit was discontinued on October 31, 2018. When it was still available, Discover price protection reimbursed cardholders for the difference between the price they paid for an item and a lower price they found advertised within the next 90 days. Discover offered up to $500 per item and $2,500 per account. All purchases made before October 31, 2018 still received their 90 days of coverage even after the program ended.… read full answer
In case Discover price protection ever comes back, you should know a few more things. Certain items were ineligible, like services, gift cards, jewelry, used items and more. And some sales didn’t count, like going out of business sales, low prices from employee discounts and more.
Discover also got rid of some other benefits. They axed travel insurance, rental car insurance, purchase protection, extended warranties and return protection. But that doesn’t mean Discover cards are bad now. They still offer excellent rewards and low fees.
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