Yes, the Secured Sable ONE Credit Card does have return protection. Return protection reimburses cardholders for undamaged, working items purchased with the card that cannot be returned to the merchant within 60 days of purchase. The Sable Credit Card return protection coverage limit is $250 per claim.
To file a Sable Credit Card return protection claim, use the online claims center or call 1 (800) Mastercard within 60 days. You will then need to submit a claim form and provide any requested supplemental proof within 180 days.
Keep in mind that not all items will qualify for Sable Credit Card return protection coverage. As is the case with all card benefits, there is a list of exceptions, so it’s important to read the benefits guide that came with your card to find out if an item qualifies.
You can get your secured credit card deposit refunded when paying your account balance and closing your credit card or when the issuer upgrades you to one of their unsecured credit cards. Secured credit card issuers will eventually return your security deposit by sending the funds to your bank account, issuing a check or providing a statement credit.… read full answer
Ways to Get the Deposit Back From a Secured Credit Card
Refunds for closed accounts: When you close your account, the security deposit will be refunded to you after having paid your entire balance. Your security deposit is applied to any unpaid balances.
Refunds for upgraded accounts: Some secured credit cards can graduate to unsecured credit card accounts. If this happens, your security deposit will be refunded to you.
Refunds for decreased limits: If your credit limit is decreased, the difference will be refunded to you.
Since the refund policy varies from one issuer to another, it is best to call the number on the back of your card and ask for specific information about whether your deposit is refundable.
Yes, the Secured Sable ONE Credit Card offers price protection. The price protection benefit reimburses cardholders the difference between the purchase price of an item and a lower price advertised by any retailer within 30-120 days of the date of purchase.
The cardholder must have paid for the item entirely using the Sable Credit Card or rewards earned with the card to be covered. The coverage has a limit of $250-$1,000 per item, with an annual limit of $1,000-$4,000 claims per account. The card does not cover certain items, though, such as items purchased for resale, rental, professional, or commercial use. The Sable Credit Card price protection terms are given in ranges because the details may vary by cardholder.… read full answer
To file a claim, call the Benefit Administrator at 1-800-307-7309 or visit the card benefits website and request a claim form within 60 days of when the lower price was first advertised. Then, submit the form and any other required documents, such as a receipt and a statement showing the item was purchased, and an itemized purchase receipt, within 180 days of when you opened the claim. Refer to your benefits guide for complete details.
The best credit card benefits are airport lounge access, statement credits for certain types of purchases, concierge services, hotel perks, initial rewards bonuses, and price/purchase protection. Not all of the best credit card benefits are available on every card, however. The higher your credit card’s annual fee, the more likely it is to contain these top-tier benefits.… read full answer
Large complimentary benefits packages used to come standard with many credit cards. But card issuers have been cutting out these perks in recent years, citing low usage. When shopping for a credit card, it’s a good idea to check the card’s latest benefits guide before applying. Below, we’ll cover the top perks to be on the lookout for in a bit more detail.
Here are 6 of the best credit card benefits:
Airport lounge access A handful of travel credit cards have this benefit, which is well worth an annual fee – if you actually use it. Cards with lounge access will grant you free entry into various airport lounges. And depending on the lounge, that could mean free food, drinks (including alcohol), Wi-Fi, charging stations, and even showers.
Statement credits for specific purchases Some credit cards reimburse cardholders for certain expenses, such as TSA PreCheck application fees, airport incidentals, restaurant purchases, subscription streaming services, and more. There’s nothing better than free money. That said, credit cards that offer statement credits for these things usually charge annual fees. So if you’re paying an annual fee on your credit card, don’t forget to check the benefits guide to see what purchases you might get reimbursed for.
Concierge services Though concierge service is among the lesser-used credit card benefits, many cards come with it. Depending on the concierge, they can help you make reservations at elite restaurants (even abroad), send you detailed maps of cities you plan on visiting, suggest places in a destination to store your luggage, or reserve presale tickets to events. Higher-end credit card concierges can do more, like help you find a sold-out gift for your spouse, or send a limousine to pick up your kids from school. No kidding.
Hotel perks If you’re a brand-loyal person who loves climbing the ladders of hotel loyalty programs, consider a branded hotel credit card. Some of these credit cards come with complimentary “elite” status, which can give benefits like free hotel nights and room upgrades.
Initial bonuses Some credit cards offer a rewards bonus for spending a certain amount in the first few months after opening an account. The average bonus amount is about 31,865 points or miles, or $225 in cash back. Spending thresholds for these bonuses usually range from $500 to $3,000. If you’re going to spend that much money on the card anyway, why not earn some extra rewards for it?
Price and purchase protection Though price protection and purchase protection benefits are becoming rarer these days, they’re still great perks to have on a credit card. Purchase protection basically insures certain purchased items in case of theft or damage for a number of days after you buy them, as long as you make the purchase with the covered card. Price protection, on the other hand, does the job of price-matching after you make a purchase. In other words, if you find an item advertised for a lesser price than what you paid for it within 60-120 days of your purchase, the card issuer will refund you the difference.
Those are just a handful of the many benefits that credit cards provide. Be sure to research and compare credit card benefits before sending in an application.
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