In the US, most major credit cards extend the warranty of an electronics product by one year and goes into effect after the manufacturer's warranty ends. So if you buy an HDTV on your credit card and it breaks on the 15th month, you would cover the cost of the repair but get a reimbursement from the credit card company. Same goes with an Apple repair. I never realized just how expensive AppleCare is for the MacBook Pro and MacBook Air compared to the iMac. Granted AppleCare covers you for three years but does anyone opt for a free two years instead of a paid three years of warranty?