Discover Cuts Price Protection Benefits from Credit... - Products News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Products » Discover Cuts Price Protection Benefits from Credit Cards

Discover Cuts Price Protection Benefits from Credit Cards

Discover Cuts Price Protection Benefits from Credit Cards
Tags: , ...
August
20
The content is accurate at the time of publication and is subject to change.

If you have a Discover card and like the Price Protection benefit that comes with it, you might want to take advantage of it sooner than later. Discover has decided to do away with this benefit. This benefit will no longer be part of your credit card package as of October 31, 2018.

Merchandise purchased prior to that date will still be covered by the Price Protection benefit, but anything purchased after the cutoff date won’t be covered. According to Discover, this perk and others were discontinued this year because they were not popular with their cardholders.

Other benefits cut in 2018

Discover also axed other benefits from its lineup in 2018, including:

  • Extended Product Warranty – added 12 months to the manufacturer’s warranty that comes with products
  • Return Guarantee – gave cardholders the option to return an item if the store where they bought it wouldn’t take it back
  • Auto Rental Coverage – cardholders got extra insurance coverage on a rental car if they had an accident
  • Flight Accident Insurance – gave people coverage when they bought a ticket using their Discover card

Some benefits stay the same

While some benefits have been taken off the table, others remain in the mix, including Social Security number and new account alerts designed to help protect cardholders’ data and identity. What about fraud protection? They have included 24/7 Fraud Protection in the lineup.

Cardholders also get access to Freeze It, which lets them actually turn off and on their account from the app if they lose their card or it’s been stolen. Credit Scorecard is also part of the package, giving cardholders a way to check out their credit score and stay up-to-date on the state of their credit.

When traveling abroad, cardholders do not have to pay foreign transaction fees when using their card. And if they go over their limit, they also get off fee-free.
These perks and others come with all Discover cards, and there is never an annual fee.

Learn more on this website.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Credit Card Companies and Banks Set the Tone for Mobile Apps
Credit Card Companies and Banks Set the Tone for Mobile Apps

Posted: June 19, 2018

Credit card companies and Banks in the United States are setting the bar when it comes to mobile apps according to a new study from J.D. Power. It found that more people are using these apps and are happy with their design—and they are... Continue reading
Credit Cards Are Tops Among Vacationers
Credit Cards Are Tops Among Vacationers

Posted: June 08, 2018

How do you prefer to pay when you're on your vacation? If credit cards are your go-to payment method, then you are not alone; 46% of people use their credit card too, according to a new vacation study by Discover. While credit cards are... Continue reading
Discover Debit Card Gets an Upgrade
Discover Debit Card Gets an Upgrade

Posted: August 21, 2018

Discover is rolling out a new version of their debit card, offering several new features, including Freeze It, which may be familiar to their credit card customers. It lets cardholders turn their card on and off if it's lost or stolen. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!