Purchase Protection
GeneralGlossary term
Definition
A credit card benefit that covers theft or damage to items purchased with the card, typically for 90-120 days. Coverage limits vary by card, often $500-$10,000 per claim.
Related terms
- Extended WarrantyA credit card benefit that extends manufacturer warranties by 1-2 years on items purchased with the card. Coverage typically mirrors the original warranty terms.
- Travel InsuranceCredit card benefits covering trip cancellation, delay, lost luggage, and emergency medical expenses when travel is purchased with the card. Coverage varies widely by card tier.
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