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Ever had the experience of buying something, only to see it advertised at another store or online for a better price? If you paid with a card that offers price protection, you might be able to recoup the price difference. While cards offering price protection are not as common as they once were, there are still plenty of options available — including a few that don’t charge an annual fee.
Which credit cards still offer price protection, and which one has the best coverage? Let's take a look.
Page Contents
- What Is Price Protection and How Does It Work?
- Capital One Personal Cards With Price Protection Benefits
- Capital One Business Cards With Price Protection Benefits
- Other Cards With Price Protection Benefits
- Overview of Credit Cards Offering Price Protection Policies
- What Purchases Are Excluded from Price Protection?
- Which Card Issuer Provides the Best Price Protection Policy?
- Final Thoughts
What Is Price Protection and How Does It Work?
At its core, price protection is price matching for items you purchase using your credit card. If you find a lower advertised price for the same item within the specified timeframe, the card issuer will refund the difference.
Benefits such as price protection don't sound quite as sexy as free flights or five-star hotels. Still, it's possible you can receive more dollar value from card benefits than credit card rewards over the life of your card. Provided you know which items your card covers and can navigate the claims process, price protection can save you thousands of dollars per year.
The policies are effectively the same as low-price guarantees offered by retailers, covering items purchased in the U.S. using an eligible credit card. The claim windows range from 30 days after purchase on the low end up to 90 days from the date of purchase at the high end. There are plenty of restrictions on what you can claim, as well as limitations on the dollar value and number of claims you can make each year, which we dig into below.
Unfortunately, many card issuers — including Barclays, Discover, Chase, and Citi — have devalued or removed price protection policies over the last few years. However, a few cards still offer this valuable benefit.
Capital One Personal Cards With Price Protection Benefits
Among all credit card issuers, Capital One still offers the most readily available price protection policies. However, it's not as simple as knowing which card is in your wallet to know if you have price protection benefits. You need to know which network your card operates under.
Capital One's personal credit cards can operate on the Visa or Mastercard network. Unfortunately, if your card is a Visa, you don't have price protection benefits. However, price protection is offered on personal World Elite Mastercards.
To get coverage, you must purchase the item entirely with your card or your points, and you must see either a printed or non-auction internet advertisement for the same product at a lower price within 120 days of the purchase date on your receipt. You are covered up to $250 per claim, with a maximum of four claims per cardholder account per 12-month period.
How to file a Capital One price protection claim
To file a claim, visit mycardbenefits.com or call 1-877-288-6784 within 120 days of the incident. Submit the following documentation within 180 days of the advertisement's publication:
- A copy of the advertisement that shows the date of the advertisement, retailer name, the product, and the sale price.
- Receipt showing the item was purchased.
- Statement showing items purchased and the use of accumulated points.
- Itemized purchase receipt.
Here's an overview of some Capital One cards that can be issued as World Elite Mastercards.
Best for earning Capital One Miles: Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is a phenomenal travel rewards card that packs in solid benefits at a low $95 annual fee. You'll earn 2X miles on every purchase, every day. These miles can then be transferred to 22 transfer partners or used to cover recent travel purchases. The card comes with a few extra benefits, such as Hertz Five Star status and up to $120 back on the application fee for Global Entry or TSA PreCheck.
- Earn 75,000 Miles once you spend $4,000 on purchases within the first 3 months of account opening
- 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- 2X miles on all other purchase
- Fee credit for Global Entry or TSA Pre✔® (up to $120)
- No foreign transaction fees
- $95 annual fee
- 5X miles per dollar on purchases through Capital One Entertainment
- 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel
- 2X miles per dollar on all other purchases
Related: Capital One Venture full review
Best for bonuses on dining and groceries: Capital One Savor Cash Rewards Credit Card
The Capital One Savor Cash Rewards Credit Card is one of the best no-annual-fee cards for grocery and dining purchases. You'll earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), 5% cash back on hotels, vacation rentals, and rental cars booked through Capital One Travel, 8% cash back on Capital One Entertainment purchases, and 1% cash back on all other purchases.
In addition to a $0 annual fee, you won't pay any foreign transaction fees, so it's a great card to take with you on your trips abroad.
- Earn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening
- $0 annual fee and no foreign transaction fees
- Earn unlimited 3% cash back at grocery stores (excluding superstores like Walmart® and Target®), on dining, entertainment and popular streaming services, plus 1% on all other purchases
- Earn 8% cash back on Capital One Entertainment purchases
- Earn unlimited 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Travel
- No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
- 0% intro APR on purchases and balance transfers for 12 months; 18.49% - 28.49% variable APR after that; balance transfer fee applies
- Top rated mobile app
- 8% cash back on purchases made via the Capital One Entertainment ticketing platform
- 5% cash back on hotels, vacation rentals, and rental cars booked through Capital One Travel
- 3% cash back on dining and entertainment
- 3% at grocery stores (excluding superstores like Walmart® and Target®)
- 3% on popular streaming services
- 1% on all other purchases
Related: Capital One Savor Cash full review
Best for flat-rate cash back: Capital One Quicksilver Cash Rewards Credit Card
If you don't want to keep track of bonus categories, the Capital One Quicksilver Cash Rewards Credit Card is a solid option. You will earn a flat 1.5% back on all purchases. Although it has a lower return on purchases than the 2X miles you get with the Capital One Venture, the Capital One Quicksilver doesn't charge an annual fee.
- Earn $200 Cash Back after you spend $500 on purchases within 3 months from account opening
- 1.5% cash back on every purchase, every day
- 5% cash back on hotels, vacation rentals, and rental cars booked through Capital One Travel
- No foreign transaction fees
- $0 annual fee
- 5% cash back on hotels, vacation rentals, and rental cars booked through Capital One Travel
- 5% cash back on purchases through Capital One Entertainment
- 1.5% cash back on every purchase, every day
Related: Capital One Quicksilver full review
Capital One Business Cards With Price Protection Benefits
Things get even more complicated with Capital One's business cards. Price protection appears in benefit guides for the following cards:
- Visa Signature Business
- Enhanced Visa Signature Business
- Visa Infinite Business
- World Elite Mastercard for Business Spark
- World Elite Mastercard for Business Spark Pro
- World Elite Mastercard for Business Venture X Business
So, you'll need to check your card's benefit guide to see whether you have price protection. However, the policies themselves look pretty much the same. You can be reimbursed up to $500 and up to $2,500 per year if you see an item advertised at a lower price within 60 days of purchase.
How to file a Capital One business card price protection claim
You can file a claim by contacting your benefits administrator within 10 days of the printed advertisement and providing the following information within 20 days of contact:
- The completed signed claim form.
- The advertisement includes a description of the item identical to the one you purchased, the sale price, the store name, and a sale date within 60 days of purchase.
- The original itemized sales receipt for your purchase.
- A copy of your monthly billing statement demonstrating that the purchase was made on your covered account.
Here are a few business cards that are eligible for price protection.
Best no-annual-fee business card: Capital One Spark Cash Select
The Capital One Spark Cash Select is a great option for small businesses looking to earn cash back on business purchases without an annual fee. You'll earn unlimited 1.5% cash back on all purchases and receive a variety of business-related benefits.
- Earn $750 Cash Back once you spend $6,000 on purchases within the first 3 months from account opening
- 1.5% cashback on every purchase
- 5% cash back on hotels and rental cars booked through Capital One Business Travel
- No foreign transaction fees
- $0 annual fee
- 1.5% cashback on every purchase
- 5% cash back on hotels and rental cars booked through Capital One Business Travel
Related: Spark Cash Select full review
The Capital One Venture X Business is as good as it gets in Capital One's business credit card lineup. It comes packed with perks, like an annual $300 credit for bookings through Capital One Travel, to help offset the $395 annual fee. The welcome bonus is fantastic, but it's likely out of reach for small businesses or freelancers who don't have large business expenses to put on the card.
On that note, it's a pay-in-full card, which means you can't carry a balance from month to month. The Venture X Business is best for established businesses that want premium perks.
- 10X miles per $1 on hotels and rental cars booked via Capital One Business Travel
- 5X miles per $1 on purchases through Capital One Entertainment
- 5X miles per $1 on flights booked via Capital One Business Travel
- 5X miles per $1 on vacation rentals booked via Capital One Business Travel
- 2X miles per $1 on other eligible purchases
Related: Venture X Business full review
Other Cards With Price Protection Benefits
The Navy Federal More Rewards American Express® Card offers a Best Value Guarantee, which ensures you pay the lowest price available on covered items purchased with your card. If you make a purchase and see, within 30 days, an identical item advertised in print at a lower price than you originally paid, you can receive up to $250 back per item and up to $1,000 per year.
Call 1-866-643-6873 to request a refund. You will be asked to send the dated advertisement, the store receipt, and your record of charge within 90 days of the purchase. Unfortunately, price comparisons on the internet do not qualify — the lower price must be advertised in print. You can only submit a request if the price difference is $10 or more. The item must be identical in every way — brand name, model number, materials, workmanship, and any associated warranty. Lots of exclusions apply, so make sure to read the terms and conditions in your card's benefits guide for more information.
- You could earn 20,000 bonus points when you spend $2,000 (a $200 value) within 90 days of account opening.
- For a limited time, hit checkout on the fly with a one-time $98 statement credit when you pay $49 or more for an annual Walmart+ membership until January 1st, 2026.
- 3X points at restaurants and on food delivery
- 3X points on groceries
- 3X points on gas and transit
- 1X points on everything else
- 3X points on groceries
- 3X points on gas and transit
- 3X points at restaurants and on food delivery
- 1X points on everything else
If you are a member of the Navy Federal Credit Union, the Navy Federal More Rewards Amex could be a solid option. You could earn 20,000 bonus points when you spend $2,000 (a $200 value) within 90 days of account opening. Plus, you'll earn 3X points at restaurants, supermarkets, gas stations, and on transit and food delivery purchases. Although you can't transfer these points to travel partners to extract more value, the card doesn't charge an annual fee.
Related: Navy Federal More Rewards Amex Card Review
UBS Visa Infinite credit card
The UBS Visa Infinite credit card offers a more lucrative price protection policy. If you see an eligible item that you purchased in the U.S. advertised for less within 90 days of purchase, you can be reimbursed up to $500 per item, or up to $1,500 per year. The advertisement can either be in print or on a non-auction internet advertisement. You must charge a portion or the entire purchase of the item to your card to be eligible, but you can only be reimbursed up to the amount charged to your account.
To submit your claim, call the benefits administrator at 1-800-553-7520. You will be sent a claim form, where you will need to include a copy of your monthly billing statement showing the purchase and itemized store receipt, along with the advertisement showing the following information:
- A description of the item that is identical to the one you purchased.
- The sale price.
- The store or dealer’s name.
- A sale date that is effective within 90 days of the date of purchase.
You must notify the benefit administrator within 10 days of the printed advertisement, and return the claim form and documentation within 20 days of contacting the benefits administrator.
The UBS Visa Infinite is a premium credit card with a premium $650 annual fee. You'll receive a variety of benefits, including a $500 annual credit based on annual spend, a $500 airline fee credit, VIP amenities at select Ritz-Carlton, Fairmont, and Park Hyatt properties, an annual 5GB, 30-day GigSky plan, and a Priority Pass Select membership.
HSBC Premier World Elite Mastercard® credit card
The HSBC Premier World Elite Mastercard® credit card offers a middle-of-the-road price protection policy. If an item you purchased entirely with your card is advertised at a lower price within 60 days of the purchase date, you can file a claim for up to $250 back. There is a maximum of four claims per cardholder in any 12-month period. The item can be advertised either in print or on a non-auction website. The item must have the same manufacturer and model number.
To submit a claim, call 1-800-Mastercard or go to www.mycardbenefits.com within 60 days of the incident. Submit the following documentation within 180 days of the advertisement's publication:
- A copy of the printed advertisement that shows the date of the advertisement, the retailer's name, the product, and the sale price.
- Receipt showing the item was purchased.
- Statement showing items purchased and the use of accumulated points.
- Itemized purchase receipt.
It also comes packed with perks. You'll receive up to $400 per year in travel credits for flights, hotels, and car rentals booked through HSBC Travel, up to $120 in statement credits annually on taxis, cabs, and rideshare purchases, Priority Pass lounge access, and a variety of travel and purchase protections.
However, it charges a $495 annual fee and requires an HSBC Premier checking account to apply. To open an HSBC Premier checking account, you'll need to have either $100,000 in deposits or investments with HSBC, $5,000 in monthly deposits, an HSBC mortgage, or be an HSBC Private Bank client.
Overview of Credit Cards Offering Price Protection Policies
We’ve only included credit providers and specific cards for which we could find written price protection policies, either in guides to benefits or on the issuer’s website, and we've included updates when new policies are announced. Keep in mind that the Capital One cards can be issued by multiple networks. So, just because you have a card on this list doesn't mean you're guaranteed to have price protection as a benefit.
If we’ve missed a card and you can provide links to a price protection policy, please get in touch via the comments so we can get it added to the list.
| Card | Maximum Claim Value | Claim Window |
|---|---|---|
| Capital One Venture Rewards Credit Card | Up to $250 per item, up to four claims per 12-month window | 120 days |
| Capital One Savor Cash Rewards Credit Card | Up to $250 per item, up to four claims per 12-month window | 120 days |
| Capital One Quicksilver Cash Rewards Credit Card | Up to $250 per item, up to four claims per 12-month window | 120 days |
| Capital One Spark Cash Select | Up to $500 item and up to $2,500 per year | 60 days |
| Capital One Spark Miles for Business | Up to $500 item and up to $2,500 per year | 60 days |
| Capital One Venture X Business | Up to $500 item and up to $2,500 per year | 60 days |
| Navy Federal More Rewards American Express® Card | Up to $250 per item and $1,000 per year | 30 days |
| UBS Visa Infinite credit card | Up to $500 per item and $1,500 per year | 90 days |
| HSBC Premier World Elite Mastercard® credit card | Up to $250 per item, up to four claims per 12-month window | 60 days |
You’ll notice some pretty big players in the credit card space are missing from this list, including Discover, American Express, Citi, and Bank of America. That's because they don’t offer price protection on any of their card products.
What Purchases Are Excluded from Price Protection?
The list of exclusions differs by provider but is fairly consistent across cards from the same issuer. Common exclusions include:
- Boats, cars, or any motorized vehicle (motorbike, truck, tractor, etc.)
- Cell phones purchased on contract or as part of a service
- Secondhand or refurbished items
- Any item purchased to resell for profit or for commercial use
- Items purchased outside the U.S.
- Collectibles, jewelry, rare, custom, or tailored items
- All fees and taxes, rebates, or incentives from the manufacturer
- Any kind of live animal
This is by no means an exhaustive list. For precise exclusions on each card, you’ll need to read the credit card guide to benefits. If you’re unfamiliar with your card benefits, we’ve compiled a handy list of guides to benefits from major credit providers.
Which Card Issuer Provides the Best Price Protection Policy?
With Barclays ending price protection benefits, Chase wiping the benefit from most Visa and Mastercard products, Discover removing the benefit from its listed card benefits, and Citi cutting the Price Rewind benefit completely, Capital One is certainly the best card issuer for price protection.
Capital One's business cards, like the Spark Cash cards, provide the highest coverage limits, while Capital One's personal cards offer the longest coverage periods. Several other banks also offer viable alternatives in this dwindling area of credit card purchase protection, including UBS, HSBC, and Navy Federal Credit Union.
Final Thoughts
If you haven’t used the price protection policy on your credit card(s), you're potentially missing out on hundreds of dollars a year in savings. Provided the items are an exact match, and the claim meets all the issuers' criteria, the process is relatively straightforward, and you can rest easy knowing that if there is a sale on the item you’ve just purchased, you can claim back the difference.
If you’ve had experience making a price protection claim through your credit provider, we’d love to hear from you in the comments below.
So, which companies still offer price protection? The article needs a better conclusion so the answer is clear. Thanks.
In the table inside the article, we listed the cards that still offer this perk: 4 United cards from Chase, 4 Capital One business cards, and 1 each from Wells Fargo and U.S. Bank.
As of September 2020, Chase has removed Price Protection from United branded cards. Also, very important to note all Capital One VISA cards that offer Price Protection EXCLUDE lower prices found on the internet!! Their World and World Elite Mastercards offer Price Protection directly through Mastercard (mycardbenefits.com) for $250 per item $2500 per year and do NOT exclude internet ads.
Thanks for sharing Kelly. Can you share where you learned about the Change to United cobrand price protection? We’re reaching out to Chase to clarify, but any additional info would be helpful. Great tip on the enhanced protection directly from Mastercard!
I was mailed a letter and new benefits guide effective 09/13 that shows PP removed and United Travelbank was changed to United Gateway.
Also if you see the United Travelbank page it no longer shows price protection under purchase protection
Thanks Kelly! I appreciate the followup. We’ll get our posts updated.
Which Capital One cards are Mastercards? Search online and couldn’t find an answer, thanks!
I just opened an IHG card and the revised guide to benefits notes that price protection will be eliminated in 11/17/2019 so there goes those cards.
Wells Fargo theoretically has the best remaining card for price protection assuming they are not discontinuing their benefit either. Note that you will need to be pre-approved for a 5,000 credit limit to qualify for the card that offers price protection, and they are absurdly stingy. I had no trouble qualifying immediately for 20,000 credit limit on the IHG card but for whatever reason Wells Fargo refused to give me even a 5,000 credit limit, and sent me their secondary card instead (which I promptly cancelled when I was unable to get them to issue me the Signature card).
YMMV.
I also love Citi price-rewind, it has very good price protection program and you get the check as quick as one week after it approved and process is online very easy! regretted that they stopped it this month on the 9/22 so Citi no longer offer price protection on any cards?? I gusseted! trying to looking for others credit cards that have price protection, and thanks for the great information here, was thinking about get the credit card with Chase that have it but saw comments with is not good customer service also long time to get approved to file claim so being concern now, What’s about Wells Fargo and US bank? Is US bank is through Amex I coukldn’t find anything on price protection when click on the link.. thanks!
Hey Emily, Chase dropped the price protection on most cards, but the IHG cards still have the benefit. The welcome offer on that card is also at an all-time high. I don’t have any personal claim experience with Wells Fargo or US Bank, but I’ve filed multiple claims (not price protection) with my Sapphire card and always found the experience to be decent.
Chase is no longer offering Price Protection on the IHG card. Please update your article.
Hey Kelly, Chase still lists price protection on their website. (here). This is in the “Purchase Protection” section.
I stand corrected, thank you!
11/10/19: If you follow that link as of today Chase no longer lists price protection as a benefit.
I wish they would make up their minds about this. Thanks for helping us catch the change on IHG, we’ve updated the post and now hopefully have the most up to date info on this. Please let me know if you find any other inaccuracies.
Have used Citi and saved hundreds if dollars, it is simple, effective, easy, and I an amazed at how they quickly identify lower prices even when I buy something on sale. The limits have never affected me. Alas, all good things must come to an end and effective Sept 2019 Citi is NO LONGER offering the program. Must have cost them too much.
Chase Credit cars sucks! Had horrible experience! They don’t protect you! Very rude customer service! Never going back, will not suggst anyone in this life
Wells Fargo Visa Signature and Barclays Uber Visa actually offer price protection now.
Thanks Garold, will get the post updated.
Found this in a Google search after wondering if any of the cards in my lineup still had price protection. Thanks for the great lists!
This is a good list.
I hope Amex can come up with a similar program, it’s customer service is best.
Great list. Have to remember these.
Citi’s Price Protection is my secret weapon for Black Friday shopping. Used to be Discover. Look for what you want in the BF Ad, buy the item a few days before it goes on sale while walking past the camping line, Price Rewind,….profit!
“Common exclusions include: […] Items purchased outside the U.S.”
Would this work if the item is purchased through Amazon USA, but from a foreign seller?
Great question — Not sure. Worth a call to your card issuer.
I’d like to get the Capital One Savor card but the annual fee seem high, hope Amex comes with a card with price protection.
Nice feature if you can get one that has it.
Probably one of the first benefits to get axed though.
This is a benefit I really like and have used often with both Citi and Discover(when it was offered). I suspect perhaps many others have as well and there are various services that automate this process and make it easier for more people to use it. I suspect it became too costly to continue. Credit card issuers love to advertise a perk to get people to sign up but hope it rarely gets used. I have gotten major discounts easily on electronics purchased around Thanksgiving/Black Friday by using this benefit. It is sad that it is slowly being reduced/eliminated
Thanks! Just got the Barclays A+ and didn’t realize this was one of the benefits.
I have yet to ever use price protection. I hope to use it in the near future though.
I usually forget about these perks; thanks for the reminders!
Great list
I wonder what percentage of card holders actually utilize this perk.
I’d be shocked if it was over 20%
This is a great list. thanks much for the info!
Boo, hiss, for Chase and Amex for not providing this coverage. They may well be missing out on some large purchases due to their not being an entrant regarding this coverage.
They had it up until this year actually.
Citi is great – even with their upcoming lower limit – since it can be used along with their extended warranty protection.
Interesting to take a look at, im not sure if my cards have this feature… I haven’t really looked into it. reading the comments it seems I might be missing out. thanks
This feature is rarely included with the overseas credit cards.
I’ve used the citi one a few times. works fairly well but more importantly doubles the warranty.
citi’s price rewind is pretty easy to use. It is a shame that they decrease the reimbursement amount.
My bigger complaint that benefits going away is that Chase’s provider doesn’t seem to want to approve any claims – I’ve filed two this year and they dragged one out for nearly 9 months before paying while the second is 6 months in and still not approved.
I have a citi card and didn’t know I eve had this feature! Thanks for the heads up!
I have not used this feature before, and I am not even sure if any my current credit cards have it. I shall check! Thanks for the reminder!
Chase mastercards specifically IHG still offer price protection.
This is one area I haven’t put much time into studying. Thank you for giving me a taste so I may continue to learn about this perk.
Thanks for the update!
Discover is my favorite.
I get the feeling price protection credit cad benefits are gradually getting worse and worse.
Appreciate the roundup, because this is truly one item I don’t do good in taking advantage of routinely.
I use Citi Price Rewind all the time. Good to know that my Discover and Aviator cards also offer this benefit.
Discover for only 1 more day.
Discover seems to be the winner here.
Discover for only 1 more day.
I tried this with Citi and they asked for a copy of my credit card statement. Is that normal? I would expect the credit card company to have access to this information since they are the ones issuing the statement in the first place.
It is normal. Citi doesn’t actually handle the process. Same thing with Chase.
good to know…. too bad most card companies don’t make it easy to get the benefit
Has that been your experience? It has been quite easy for me.
I’m pretty upset at discover dropping this benefit in a few days, and no one else is offering a decent replacement. Need some kind of a grassroots campaign to get these benefits back
3rd party sites seem to do just as good of a job on price protection
“Discover Price Protection will be discontinued effective 10/31/18. Only items purchased prior to 10/31/18 will be eligible to be covered under these terms.” I don’t know if this applies to all kinds of Discover cards or just Discover Cashback Bonus which I have.
Great and informative article. How ever I’ve seen US based credit card providers have this benefit. Is it the same thing outside of US and specifically in Europe?
Sorry, Ali, I’m not sure what benefits credit card providers offer outside of the US.
This was hands down my favorite feature on any of my credit cards. My American Express card lost a lot of business to Citi and Discover over this, and I absolutely refused to open a new credit card that didn’t include this feature. It’s rather a shame that Discover has abandoned this feature (and really, all of its card benefits) in pursuit of stricter cyber security that is really quite unnecessary. They will no longer be my primary card when this goes into effect.
In short, I saved thousands of dollars with this benefit, which was especially handy when I purchased my first home last year. It’s incredible how things like barstools that cost $300 for a set of 2 could go down to just $50 by the clearance season. I would have been willing to pay an annual fee to keep this service, but that is not an option apparently.
If you’re looking for the easiest to use program, go with Citi. They track the prices on your behalf if you register each qualifying item and upload the receipt, all of which is done online. No one makes it easier to file and receive a claim.
No one searches on your behalf either. They are way ahead of the curve here. They also send the money to you in the form of a statement credit if you wish. It’s a shame that they lowered the maximum value on this benefit, but it’s certainly preferable to getting rid of it altogether.
My experience with Discover was good as well, though the process is a bit clunkier. You have to call them and answer a few questions. I never really understood why you can’t initiate a claim online, especially since they ask you the same questions every time, but the process overall was much smoother with them than Chase. You can upload everything digitally, and your check is usually approved quickly–about a week in my experience. Chase takes much longer. With Discover, the check takes about another 1-2 weeks to arrive, as opposed to several with Chase. It’s not as modern as Citi for sure, but I’ve never complained about getting the sale price on an item I paid more for.
So if you’re wondering how much weight to place on price protection when considering a new card, my opinion is that you should consider this feature at the top of the list. When I say I’ve saved thousands of dollars, I’m not kidding. No sign on bonus or travel perk has been as good as price protection.
Thanks for the reminder – I typically forget about these types of purchase benefits! Just did a Discover extended warranty claim only to find they discontinued their program.
Yep, that’s rough having the benefit pulled and not knowing. We’ve put together a list of the top cards providing extended warranty here – https://awardwallet.com/credit-cards/extended-warranty/
Thanks for the info. Another good reason to hang onto my chase sapphire reserve card.
Thanks! Bookmarking this!
A great benefit if one can make use of it & hopefully there are folks who do.
Honestly, I just never even think of checking prices and/or have the time.
I keep forgetting about this! Thank you for the reminder! At this time of the year it’s really important when prices can change quite a bit.
I’m definitely going to have to look at this! Doesn’t look like it has to be in your home state, right? I could buy it anywhere where it states?
I guess we should all really read all the benefits we get with our cards. I have several that participate.
Correct; no state limits.
This is definitely a useful benefit.
I didn’t even know this was a perk.
I used my Sapphire reserve for the price protection about 6 months ago. It took a little a few phone calls and a few months to receive my check as my status was stuck in review for awhile. It was finally pushed along and I received my $500!!!! Such an incredible benefit that lowered the price of my tv by 20%!!!
Excellent! Thanks for sharing.
Great list and very informative!
I love my chase sapphire reserve! If only it didn’t come with just a hefty annual fee!
Citi has been fantastic with this
I’ve done a Citi Price Rewind just one time and it got me $50 back. It was an easy process but of course it takes a few weeks for that money to actually come back to you. I’ve only had the service monitor my large purchases because it seems too time consuming to enter every small item I purchase. In the end, it doesn’t seem worth the time it takes for low-dollar items but it is definitely worth it if you can get a bit of cash back on a large purchase.
Good to know although I’ve never used this.
I really wish AMEX would offer this service. I have yet to use the benefit on my other cards but its good to know that it’s a possibility.
Have never used this benefit and quite honestly, I don’t remember to think about it. However, thanks to this great information and the details on how to do so, I plan to keep an eye out to apply it for larger purchases I make. No sense leaving money on the table.
Wow, I definitely wasn’t aware of what this was! I assume this applies to plane tickets as well, yes? That might be a really good option for that then.
where is amex??
They don’t offer this benefit; we mentioned that in the article.
Are the terms mentioned in this American Express page out of date and not apply any more?
https://www.americanexpress.com/us/credit-cards/features-benefits/policies/purchase-protection-terms.html
What you have linked to is PURCHASE protection, not PRICE protection.
Awesome list, thanks for the summary!
Based on everyone’s experience, which one is the easiest claim to file? Citi price rewind seems the most hassle-free.
eclaimsline for Chase has been great since it’s all been online. However, I heard they’re changing their poicies that require requests to be made in writing… did I misread that?
Definitely not!
Thanks for this list. It’s something I’ll have to keep in mind when considering new cards.
I use Earny to automate the price protection claim process. They take a 25% cut of the savings, but that’s a fair price for set-it-and-forget-it convenience that just drops found money into your account. https://earny.app.link
Jay, we don’t do referral links here in comments but appreciate the suggestion!
Price rewind has been very very good to me this year.
I used this for some recent appliance purchases. Got local service and delivery, used an out-of-town provider for price match in Citicard. Very easy. Just have to be careful about model numbers because the big box stores are often given unique model numbers to thwart price comparisons.
Great writeup!
Thanks for the tip. I did not know about this. Another post worthy of bookmarking.
I have had good luck with Citibank price rewind
This is not a benefit that I monitor but it probably should be. Thank you for reminding me. I will say that my one interaction with Chase and their eclaimsline was quite poor. The hassle was worth it to have several thousand dollars refunded for a cruise, I’m not sure it would be worth the hassle for a small purchase refund.
Based on my experience, regarding price protection, it has always been a piece of cake. However much effort you put in through your trip protection was likely much more significant than what I’ve done with price protection. Regardless, glad to hear it worked out for you in the end, and that you had the protection.
Great tips guys ?
Thank you. While Citibank had been promoting it as a benefit, I didn’t realize that other issuers also offered this benefit. I guess I’ll have to decide whether to use the card with the best rebate upfront, or one that adds this option, just in case, when making larger purchases.
Helpful roundup of a great feature of these cards. Thanks!