CC Benefits Questions

[dukebound85]

So I used my CC to buy the iphone and my question is on the benefits like price protection, purchase guard, etc. I debated what forum to place this but figured the topic was more dealing with CC's than apple products

Questions:

1) Are these benefits pretty easy to utilize if need be for the most part?
2) To use these benefits, must I carry the balance on the purchase? If I pay off the purchase in full in a month, do all these benefits go away?

Thanks!

For instance, these are the ones that are keen to me with my card...though price protection does not apply for iphone, just in general

Price Protection - Price Protection provides purchase protection for retail items purchased in full with your eligible card. If within the first sixty days of the date of purchase, you find the same item at a lower price, Price Protection will refund the difference up to a maximum of $500 per item and $2500 per year. Certain exclusions, restrictions and limitations apply.

Purchase Guard - Purchase Guard will double the manufacturer’s original United States (U.S.) warranty period on personal items purchased in full with your eligible card that carry a warranty duration of less than 1 year and extend the manufacturer’s original U.S. warranty period for 1 additional year for Covered Purchases with a warranty duration of 1 to 3 years.

Purchase Replacement - Purchase Replacement - Within the first ninety days of the date of purchase, Purchase Replacement will replace or repair eligible items of personal property purchased entirely with your eligible card up to a maximum of $500 per claim and $50,000 per year, in the event the item is lost, stolen, or damaged. Certain exclusions, restrictions, and limitations apply.

 

[flopticalcube]

The ease at which you can use the benefits varies between card provider and benefit. I have used the extended warranty before with few issues and I always pay off my card.

 

[miles01110]

The specifics of consumer protection vary depending on what card you have, but in my experience disputing a charge is fairly straightfoward.

 

[dukebound85]

The ease at which you can use the benefits varies between card provider and benefit. I have used the extended warranty before with few issues and I always pay off my card.

That is nice to know as I never carry a balance. Glad that I can still use the services on statements that will be long since paid off

The specifics of consumer protection vary depending on what card you have, but in my experience disputing a charge is fairly straightfoward.

Has your experience been like flopticalcubes in that you can pay it off and still have access to it down the road?

Thanks to you both for your prompt replies