Chip Lupo, Credit Card Writer
@CLoop
The OakStone Secured Mastercard® Platinum Credit Card does not offer price protection. The OakStone Platinum Card’s lack of a price protection benefit is not uncommon these days, as more and more credit cards have dropped this perk. Recent advances in price-tracking technology have led to a dramatic increase in price protection claims, making the benefit too expensive for some issuers to sustain.
In general, 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.
OakStone Secured Mastercard® Platinum Credit Card
OakStone Secured Mastercard® Platinum Credit Card
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People also ask
How does Mastercard price protection work?
Mastercard price protection reimburses you when an item that you bought with your card goes on sale later. You can get back the difference between what you paid and the new sale price, up to $250 per claim, within 60 to 120 days from the date of purchase as indicated on your receipt, depending on the issuer. You are entitled to a maximum of four claims every 12 months.
Keep in mind that price protection...
read full answer by Maria Adams, Credit Cards ModeratorHow does Visa price protection work?
Visa price protection helps eligible cardholders get the best price on certain items by refunding the difference if the cardholder finds the same product at a lower price within a certain amount of time of the purchase date. You must pay for eligible purchases with a Visa card that offers this benefit in order to qualify for it. A good option is the UBS Visa Infinite Credit Card.
Cardholders can get a Visa credit card with price protection if the...
read full answer by Cameron DiGiovanni, WriterWhat are the best credit card benefits?
The best credit card benefits include rewards, price/purchase protection, airport lounge access, hotel perks and concierge services. Other benefits of using a credit card include the chance to build credit, the ability to pay off purchases over time, and the convenience of not having to carry cash.
Large complimentary benefits packages used to come standard with many credit cards. However, card issuers have been cutting out these perks in recent years, citing low usage. When shopping...
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