$50,000 of Purchase Protection per Year With Premier Rewards Gold AMEX

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Lots of folks are enjoying the new expensive gadgets and appliances they bought over the holidays!  Did you know that you’re covered up to $10,000 per covered occurrence, up to $50,000 per calendar year when you use your Premier Rewards Gold Card from American Express?

50,000 Of Purchase Protection Per Year With Premier Rewards Gold AMEX

Protect Your Large Purchases! Coverage on the AMEX Premier Rewards Gold Card Is up to $10,000 per Occurrence

I’ll explain how it works!

About the Premier Rewards Gold Card from American Express

Link:    Premier Rewards Gold Card from American Express

When you sign-up for the Premier Rewards Gold Card from American Express, you’ll earn 25,000 Membership Rewards points after spending $2,000 on purchases within 1st 3 months of account opening.

You can use AMEX Membership Rewards points for Big Travel with airline and hotel transfer partners, gift cards, and statement credits.

You’ll also earn:

  • 3X AMEX Membership Rewards points per $1 you spend on airfare purchased directly from airlines
  • 2X AMEX Membership Rewards points per $1 you spend at US gas stations, US supermarkets, and US restaurants
  • 1X AMEX Membership Rewards point per $1 you spend on everything else
  • $100 per calendar year in airline incidental fee credits with your selected airline (baggage fees, change fees, etc.)
  • NO foreign transaction fees
  • Transfer points to participating frequent traveler programs
  • Annual fee of $195, waived for the 1st year
  • Terms Apply
  • See Rates & Fees

For folks who spend a lot on airfare or at US gas stations, US restaurants, and US supermarkets, the Premier Rewards Gold Card from American Express is a very good deal!

What’s Purchase Protection?

Link:   Premier Rewards Gold Card from American Express Purchase Protection Details

The Premier Rewards Gold Card from American Express also comes packed with benefits like:

  • Purchase protection
  • Return protection
  • Extended warranty
  • Baggage insurance when you travel
  • And many more!
50,000 Of Purchase Protection Per Year With Premier Rewards Gold AMEX

If Your New Computer Is Damaged Within 90 Days of Purchase, Call AMEX to File a Claim!

The purchase protection is $10,000 per occurrence, and up to $50,000 per calendar year.  This is fantastic for folks who need to make big purchases, like:

  • Computers
  • Digital cameras
  • Electronics
  • Furniture
  • Ovens
  • Refrigerators
  • Washers and dryers

Coverage starts on the day you purchase an item, and lasts for 90 days.

50,000 Of Purchase Protection Per Year With Premier Rewards Gold AMEX

You Must Report an Incident Within 30 Days to Get Purchase Protection Coverage

If something happens to the item, call the number on the back of your card to start a claim with AMEX within 30 days of the incident.  You’re protected against:

  • Accidents
  • Damage
  • Theft
  • Vandalism

With a limit of $10,000 per occurrence, and $50,000 per calendar year, this is a very generous benefit!

What’s Not Covered?

Some items are NOT covered, including:

  • Cash equivalents
  • Animals or living plants
  • Rare stamps or coins
  • Perishable items with limited life spans, like perfume, light bulbs, or batteries
  • Antiques
  • Motorized vehicles
  • Items purchased for resale, professional, or commercial use
  • Things that get lots of use, like carpeting, flooring, or tile
  • Business (not personal) fixtures like air conditioners, refrigerators, or heaters
50,000 Of Purchase Protection Per Year With Premier Rewards Gold AMEX

Lost or Misplaced Items Are NOT Covered, According to the Terms and Conditions

And, it’s important to note that lost or misplaced items are NOT covered.  So be sure to keep an eye on your belongings!

It’s a good idea to read through the terms and conditions if you have a big purchase coming up!

Other Perks You’ll Get!

American Express cardholders, including folks with the Premier Rewards Gold Card from American Express, can save money and get some great deals!

50,000 Of Purchase Protection Per Year With Premier Rewards Gold AMEX

Save Money on Shopping With AMEX Offers & ShopRunner

You’ll qualify for:

  • AMEX Offers –  Having another AMEX card means you could be targeted for more AMEX Offers.  Remember, you can get the same offer on multiple cards!
  • ShopRunner – AMEX cardholders get complimentary membership in ShopRunner.  You’ll save money with free shipping from dozens of online merchants.

Bottom Line

When you make a purchase with your Premier Rewards Gold Card from American Express, you’ll be covered up to $10,000 for protection against accidents, damage, theft, and vandalism.

This is fantastic for folks who have large purchases coming up, like appliances, electronics, or new furniture.  Be sure to read over the purchase protection details so you know exactly what’s covered before you start shopping.

AMEX cards come with lots of benefits and discounts like AMEX Offers and ShopRunner membership.

Let me know if you’ve had an experience with AMEX purchase protection!

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Editorial Disclaimer: Neither the responses below nor the editorial content on this page are provided or commissioned by the bank advertisers, and have not been reviewed, approved or otherwise endorsed by the bank advertisers. Opinions expressed here are the author’s alone, not those of the bank advertisers. It is not the bank advertisers’ responsibility to ensure all posts and/or questions are answered.

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11 responses to “$50,000 of Purchase Protection per Year With Premier Rewards Gold AMEX

  1. Ah, despite blackbird friday, we can the travel-blogger-industrial-complex depends upon staying within the good graces of the AMEX. Sorry, not impressed by the hook here…. Pretty sure we already have similar protections via no-fee Chase and Citi cards that have long been held. (and even if we didn’t a lot of us will be sore pressed to do much business with the amex borg going forward, as is our right to be to’ed. Resistance is not Futile. Then again, tis your right to delete and ban me too, as per the wishes of your paymaster. )

  2. Could you please check Terms,
    they never say loss or misplaced is not covered.

  3. Lost items are definitely covered. Please check your facts!

  4. Seems like all the blogs forget to mention, this only holds true if you DO NOT have Home Owners or Renters Insurance, because AMEX makes you use those first and/or sign a form stating you do not have any other type of insurance that would cover your losses. Most Home Owners or Renters Insurance do cover all these losses.

  5. @CCAnalyst,
    So you mean, if I lose my phone in my trip to Miami, My home insurance will cover this ? I dont think so… My understanding it “Home” Insurance is for “Home” and what ever is inside home.

  6. @Karthik, have you ever read your policy? It doesn’t just cover things when you’re “at home,” it covers things while you’re abroad too, same goes for renters insurance. I know, because I’ve had both, go ahead, call them up, if your phone or camera gets stolen while on vacation, renters or home insurance covers it and you can file a claim with them. AMEX insurance is secondary to that, if your renters or home insurance doesn’t cover the full expense, AMEX will cover whatever is left over, of course only if you bought the items using an AMEX card. If you think “Home”
    covers only what’s in the home, you’re in for a big surprise, and that surprise could be insurance fraud in AMEX’s eyes. Be careful….

  7. TIME RESTRICTION: READ THE COVERAGE CAREFULLY: I believe it only applies for the first ninety days (or 120 days) after purchase.

  8. @Karthik @Kody @StevesMiles – I spoke to a representative from AMEX who said each claim is reviewed by underwriting, and any decision on whether or not to honor a claim is ultimately up to them. However, you do have a responsibility to “reasonably safeguard” your items before you file a claim and report them as a loss.

    The wording in the terms and conditions gives them wiggle room to make a decision, and it’s always case-by-case.

    That said, be sure to review the terms and conditions so you know what to expect before you file a claim:


    Hope that helps clear things up for you!

    @CCAnalyst – Thanks for your input here!

  9. I have the Amex regular gold card. I lost my iphone in Barcelona 2 weeks ago. I called Amex… we did the claim over the phone in 15 minutes. They needed serial number and date of purchase. I believe they asked if I had any other insurance, which I did not. I had a credit on my account within 7 days.

  10. @Nina – That’s wonderful!

    Glad you were able to easily and quickly get a statement credit!

    Thank you for sharing your experience!

  11. Slightly off topic but similar I had a great experience with Amex when I had a single car accident in a rental car. I called them and they took care of the claim from that point on with minimal involvement on my part. And they never asked about my car insurance.