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.
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.