This will be VERY welcome news for people that stopped using their Citi® Double Cash Card for retail purchases when the Extended Warranty benefit went away (as it did on most Citi cards in September 19.).
I maintain a list of which Citi credit cards still have Extended Warranty on this page and as of Nov 17th (the effective date of this new benefit), will be adding the Citi® Double Cash Card.
The benefit is the same as it originally was.
• Extended Warranty doubles the time period of
your Covered Purchase’s original Manufacturer’s
Warranty or Store Warranty up to a maximum of
twenty-four (24) months following the day that the
Manufacturer’s Warranty or Store Warranty expires.
• If you purchase a Purchased Warranty of
twenty-four (24) months or less on a Covered
Purchase with an original Manufacturer’s
Warranty (or Store Warranty), this coverage
doubles the time period of the Covered Purchase’s
original Manufacturer’s Warranty (or Store
Warranty) up to an additional twenty-four
(24) months following the day that the original
Manufacturer’s Warranty (or Store Warranty) and
the Purchased Warranty’s coverage periods end.
• The maximum benefit for repair or replacement
shall not exceed the lesser of the following per
claim: (1) The actual purchase price of the Covered
Purchase charged on your Covered Card, less
shipping and handling fees; (2) the actual cost of
repair; (3) the actual cost of replacement with an
item of like kind and quality; or (4) $10,000.
Of course, many other terms and conditions apply which you can review in the Guide to Benefits.
It’s exciting because it’s really an industry leading benefit with 2 additional years if the product itself has a 2 year warranty vs. just 1 with other issuers.
Are they adding back the benefit on any other cards?
I’m not sure yet. I only know about this because they sent me an email about my Double Cash account.
As of this moment, I have not received it on any other cards but will update this if I do. The Citi Rewards+® Card and Citi Strata Premier℠ Card never lost the benefit.
It’s of course great news since for a purchase not in any other bonus category, the Double Cash (with 2% total cash back) is a fantastic choice.
Note: This benefit kicks in on Sunday November 17th and will not be retroactive (at least I don’t think so!) so wait on any merchandise purchases requiring this benefit until then.
Thoughts?
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You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards.
New to all of this? My “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.
