Purchase Protection and Extended Warranty Explained

Your credit card might already cover purchases against damage, theft, and premature failure. Here’s how to use these benefits.

Extended Warranty

What it covers: Extends manufacturer warranty by 1-2 additional years

How it works:

• Original warranty must be 3 years or less
• Card’s extension adds time (typically doubles, up to 1-2 years)
• Covers what the original warranty covered

Example: TV has 1-year warranty. Card adds 1 year. TV fails in month 18 → Card covers repair.

Cards with Best Coverage

Premium cards (Sapphire Reserve, Amex Platinum) typically offer better coverage limits and terms.

No-fee cards may still have coverage—check your benefits guide.

Last updated: January 2026 Affiliate disclosure: ShortcutBest may earn a commission when you apply through our links.