I love my American Express card!

safari · #1 (**permalink**) 10-02-2006, 07:58 PM

I purchased a DVD recordable drive in November 2004, and last week it stopped working. It came with one year warranty, but since I charged it to my American Express Blue Cash card, which comes with the free Buyer's Assurance Program, it doubled the manufacturer's warranty for up to one additional year. I called American Express on September 23 and they said they would issue credit for the full purchase price within the next 3 weeks, and I saw the credit applied to my balance on September 28 (in less than one week). They didn't even ask me to return the DVD recorder to them, just gave me the credit. I got $208 back, which is a lot better than sending the product back to the manufacturer, paying for shipping, waiting a few weeks and then getting back a refurbished product. All it took was a single phone call. I asked about the limits for claims under the Buyer's Assurance Program, and they are $10,000 per item and $50,000 per lifetime, which is great. I'll make sure to charge all expensive items to my American Express card, which gives me cashback AND extends the warranty for up to an additional year for free.

Broken Arrow · #2 (**permalink**) 10-03-2006, 05:47 AM

Nice!

jmjj215 · #3 (**permalink**) 10-03-2006, 07:47 AM

One more reason to consider responsible credit card usage.

bjl584 · #4 (**permalink**) 10-03-2006, 09:21 AM

What is the interest rate on your card, and are there any annual fees? I may consider applying for one.

safari · #5 (**permalink**) 10-03-2006, 09:32 AM

Quote:

Originally Posted by bjl584

What is the interest rate on your card, and are there any annual fees? I may consider applying for one.

I really have no idea what the current interest rate on my card is because I always pay my balance in full every month and never payed any interest. The card doesn't have any annual fees. Another good thing about this card is that it earns you cashback, 1% on everyday purchases and 0.5% on all other purchases for the first $6,500 and then 5% on everyday purchases and 1.5% on all other purchases when you spend more than $6,500 a year.

You can get more info here https://www124.americanexpress.com/c... ARD_SELECTOR

boefixepa · #6 (**permalink**) 10-03-2006, 09:39 AM

I have the same card....I looked...note added in memory thanks for the heads up! I had no idea! WOOHOO! I love it now that I make CC work for me! What a different feeling than having to pay them interest. Love it!

Ima saver · #7 (**permalink**) 10-03-2006, 10:25 AM

We also have that card. Last summer my account was credited with $550 cause we charge everything at home depot. Love it!!

greedy4chips · #8 (**permalink**) 10-03-2006, 12:19 PM

What does AMEX do in the case of lifetime warranties?

I finally got an AMEX card, but I am not sure about the doubling of warranties. What a great perk!!

msnln · #9 (**permalink**) 10-03-2006, 01:11 PM

Greedy, I looked at AmEx site and according to What is Not Covered, I found this:

products with manufacturers’ warranties, or combined manufacturer’s warranties and service plan agreements, lasting in excess of five years.