AwardWallet receives compensation from advertising partners for links on the blog. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
Offers for the AARP® Credit Card from Chase, The Ritz-Carlton™ Credit Card, Chase Slate® and United MileagePlus® Club Card are not available through this site. All information has been independently collected by AwardWallet and has not been reviewed or provided by the card issuer. Please see our card marketplace for available offers.
When we reviewed the best credit cards for Price Protection, Chase cards came out on top. Sadly this will no longer be the case. Chase has quietly eliminated Price Protection and Return Protection from nearly all of its cards. When you visit the landing page of most Chase cards and click on Service & protection or Travel & purchase coverage, you will no longer see either benefit listed as a card feature.
What Is Being Dropped?
The changes in Price Protection and Return Protection mean you will no longer be able to:
- Claim back the difference if you make a purchase and see a lower advertised price within 90 days. The cover was limited to $500 per item, and $2,500 per year
- Claim back $500 per item and a maximum of $1,000 per year on items the store won’t take back
Which Cards Are Affected?
The following cards are some that will no longer offer Price Protection or Return Protection:
- Chase Freedom®
- Chase Freedom Unlimited®
- Chase Sapphire Preferred® Card
- Chase Sapphire Reserve® (As of August 26, 2018, this card still offers Return Protection)
- Chase Slate® credit card
- Ink Business Preferred℠ Credit Card
- AARP® Credit Card from Chase
- The Ritz-Carlton Rewards® Credit Card (As of August 26, 2018, this card still offers Return Protection)
- The Hyatt Credit Card
- United MileagePlus® Club Card
- United℠ Explorer Card
- United℠ Explorer Business Card
When Will The Change Take Place?
Chase has not announced a date for most of its cards. According to the Doctor of Credit, the United Explorer Card, will lose Price Protection and Return Protection on June 1, 2018. Whether the same happens to other Chase cards on this date or later is yet to be seen.
Interestingly, even though Chase is no longer listing the coverage on their website landing pages, they are still listed in the benefits guide of most Chase cards on ChaseBenefits.com.
This means that the coverage is still in place, so if you were planning to make use of either the Price Protection or Return Protection coverage, now is the time to do so before they disappear entirely.
This change is disappointing; fortunately, there is still some time before it takes full effect. You might need to double-check your recent purchases and returns to see if you need to use either cover before they are eliminated.
Source: The Points Guy
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.