I currently have a Latitude 28 Degree card with the price protection but was wondering if any other companies offer price protection like Latitude?
Any credit cards with price protection?
WesthamAreMassive on 02/01/2022 - 20:18
Comments
Price protection was popular for a while, but when people started to take extreme advantage of it, it died out.
How do you take "extreme" advantage of it? I'm curious
as opposed to just standard advantage
I've a 28deg card. Have paid $0 to them since I've got it, and have claimed ~2k from the price protection.
Planning to build a PC soon for work purposes, will happily buy components for RRP knowing full well they will drop in price dramatically after a year (main exception being GPU's which could go either way. The same applies to games (eg. Buy Fifa on release every year for full price but effectively only pay $10-20 max each year due to the inevitable price drops which occur when the next iteration is about to be released).
Basically, just using common sense and understanding how the fees work (ie. knowing how to fulfil all obligations to avoid fees altogether), makes the card almost too good to be true, and I can understand why providers don't offer it anymore.
Coles and 28 Degrees were the two that offered the best. Coles was 2 years coverage, but had to be same store. 28 was 1 year, but could be any store. But they have grandfathered the protection. I think they were banking on people being too lazy to use it, and many people weren't.
No