Maximize your card benefits
Card benefits
Most of us forget our card's benefits right after signing up. This is my summary of the American Express protections I use, so none of them get missed. Coverage differs by card and changes over time — always check your own card's terms.
Trip cancellation & interruption
Reimburses non-refundable travel costs — up to $10,000 per trip — for covered reasons such as illness, severe weather or jury duty.
Baggage insurance
Lost, damaged or stolen bags — up to $1,250 carry-on and $500 checked — when the full fare is paid with the card.
Car rental loss & damage
Up to $50,000 for damage or theft of a rental car when you decline the rental company's collision damage waiver.
Purchase protection
Items bought with the card are covered against damage or theft for 90 days — no registration needed.
Extended warranty
Adds up to one extra year to eligible manufacturer warranties, up to $10,000 per item.
Cell phone protection
Stolen or damaged phones up to $800 per claim ($50 deductible) when the monthly phone bill is paid with the card.
Return protection
If a merchant won't take a return within 90 days, refunds up to $300 per item ($1,000 a year).