Credit Card Feature: Extended Warranty On Australian Goods

Best Extended Warranty Credit Card

The Citibank Clear Platinum Card comes with instant benefits available right from the start including complimentary warranty, purchase cover and international travel insurance. Perhaps it’s biggest features are it’s low ongoing rate on purchases and introductory offer on balance transfers for the first 6 months.

• $99 annual fee
• 11.99% p.a. on purchases
• 2.9% p.a. for 12 months on balance transfers
• Cash Advance Rate of 21.74% p.a.
• 55 days interest free
• Minimum Income Requirement of $35,000 p.a.
• Personal 24 Hour Concierge Services

Read the Citibank Clear Platinum Card terms and conditions.

An extended warranty is a good idea with a high price tag. Some credit card companies are making them more affordable by offering them for free to their best customers. If you have this benefit you should take advantage of it. Many retail rewards credit cards come with this kind of offer.

Spending money on an extended warranty is usually a waste. The extended warranties offered at most retail outlets are usually costly but unlikely to be used. This is probably why there is such a big push by retailers to get consumers to buy them. They know that the likelihood of your using the warranty is small so they stand to make a profit from you. In most cases when you buy big ticket appliances or electronics they come with a warranty from the manufacturer. When you buy extended coverage it only kicks in after that manufacturers warranty expires. The extended warranty could come in handy should you have a problem with your item, but you have to ask if it was worth the original investment. Usually the answer is no. But, there is a way to get extra coverage for your purchases without having to spend extra money on a warranty. You can do this by owning and using a credit card that provides extended warranty cover.

Credit card extended warranty coverage

• In most cases, it is not worth the cost of an extended warranty to add it on top of the manufacturers warranty. But, your credit card may offer extended warranty coverage for free.
• You must purchase the item with your credit card in order to get the benefit.
• Some credit card companies require you to register your item with them in order to get the extended warranty coverage.
• If you need to use the extended warranty you will have to show proof of purchase and your credit card receipt proving you used your card to pay for the item.
• If you purchased any additional coverage you will have to provide proof of that as well as the manufacturers warranty.
• If you cancel the card you used for the purchase the extended warranty will also be voided.
• In order to file a claim you will have to meet all of the above listed terms and fill out a claims form that your credit card company will provide.

The idea of an  extended warranty is good, but the costs associated with them is not always worth it. If you are one of the lucky people who are offered this benefit by your credit card company you should take advantage of it. Things happen, items break no matter how careful you try to be with them. Why not let your credit card company handle the bill for repairs? This in one of those benefits that a lot of people do not use because it is too much effort. But by not using it you are just throwing money in the garbage.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%