Most of you who know me, know I am a HUGE Amex fan. This is mostly because they offer a card for just about every spending need just fill out the questionnaire to see which card is good for you http://www201.americanexpress.com/apply/Fmacfservlet?csi=0/20/b/0&us_nu=subtab
But any ways, I would like to share with you something that I'm not sure most people are aware of or take advantage of.
Do you know most Platinum/Gold cards (not only Amex) have somthing called return protection? This means that if you buy something on your credit card and the store will not take it back. You can call the card that you put it on and they will send you a label to ship it to them and refund your money. It is usally up to $300 per item and $1,000 in total claims per year. You would need to check with you credit card company and make sure you read the terms and conditions.
I have used this already when I bought blank DVD's and they were not compatible with my DVD burner, the store wouldn't take back an open electronics item. So I called my credit card and they gave me a full credit for the amount.
Comments (3)
I have yet to use this. But it is good to know that AMEX will take the hit for you sometimes.
Posted by Barry Schwartz | March 5, 2007 1:59 PM
Posted on March 5, 2007 13:59
Dear Miles Pimp,
Last week I purchased a dining room table and chairs from a local vendor using my AMEX BLUE - it has not been delivered yet - yesterday I came to my senses and realized that the set was overpriced - the Table cost $1,000 plus taxes - I contacted the store to cancel the order only to find that they have some insane return policy and they would only return 80% of my charge and only as a store credit - the bastards!!
What remedy do I have against these neo-fascist anti-semites....
Help me Miles Pimp!! Help Me!!!
Posted by Daniel Yaniv | March 8, 2007 1:04 PM
Posted on March 8, 2007 13:04
Unfortunately, if the purchase was over $300 you can’t use the Buyers Return Program. What you can do is dispute the charge with American Express, stating that the store wasn’t upfront with you about there return policy. If this is true, American Express will not hold you responsible for the charge.
Posted by BarryS | March 8, 2007 8:37 PM
Posted on March 8, 2007 20:37