How does Reflex Card purchase protection work? This question is about the Reflex® Platinum Mastercard®

How does Reflex Card purchase protection work?

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This question is about the Reflex® Platinum Mastercard®

Chip Lupo, Credit Card Writer

@CLoop • 10/19/22 This answer was first published on 10/19/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Reflex Card does not have purchase protection anymore, since the benefit was removed as part of an industry-wide shift away from traditional secondary perks on credit card offers. This is pretty common, unfortunately, as only around half of the major credit card issuers still offer purchase protection on at least one of their credit cards.

Although the Reflex credit card doesn’t have purchase protection, applying could still make a lot of sense in the right situation. The Reflex credit card has no minimum credit score requirements and does not require a security deposit. It also has an annual fee of $75 - $125. All in all, the Reflex credit card is a good card for people who need to build or rebuild credit.

If you’re set on finding a good credit card for purchase protection, consider checking out the Chase Sapphire Reserve Card or the Amex Blue Cash Everyday Card. Both credit cards have great purchase protection coverage, according to the most recent WalletHub purchase protection study.

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How can I pay my Reflex Credit Card?

The easiest way you can pay your Reflex Credit Card is either online or over the phone, by calling (800) 518-6142. Alternatively, you can pay your credit card bill through the mobile app for iOS and Android, or via mail.

Here’s how you can pay your Reflex Credit Card:

... read full answerOnline: To make an online payment, just log in to your account, using your credentials.

Phone: If you prefer to make a payment over the phone, call customer service at (800) 518-6142.

Mobile app: You can also pay your Reflex Credit Card through the mobile app for iOS and Android.

Mail: Lastly, you can send a check or money order (but not cash) to the following address:
Reflex Card
P.O. Box 6812
Carol Stream, IL 60197-6812

Just keep in mind that mail payments need to be sent at least 5-7 business days prior to your due date to make sure they arrive on time. Meanwhile, online and phone payments only take 1-3 business days to post.

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What is the Reflex interest rate?

The Reflex® Platinum Mastercard® interest rate is 29.99% (Variable). This Reflex interest rate is variable, meaning it can change based on certain economic conditions.

The Reflex gives you a 25-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card’s payment due date. You won’t owe any interest as long as you pay your balance in full during that timeframe. Should you decide to carry a balance on your Reflex, it will accumulate interest daily at the card’s regular APR.... read full answer

In addition to the regular interest rate, Reflex also charges a separate interest rate on cash advances. All Reflex Card interest rates will be listed on your statement and on your online account summary.

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Does Reflex Card have a 0% APR intro period for new purchases?

No, the Reflex Card does not have a 0% APR intro period for new purchases. If you’re planning on making a large upcoming purchase and you don’t anticipate paying off the balance for a few months, the Reflex Card is not a great credit card to use.

Alternatively, you can check out the ... read full answer best 0% APR credit cards of 2023, selected by WalletHub’s editors from 1,500+ offers. Just keep in mind that many cards with a 0% APR intro period for new purchases require good or excellent credit for approval. You can check your credit score for free on WalletHub to gauge your odds.

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