Keep Price / Purchase Protection / Merchandise Protection CC Insurance for $10.95 a Month or Cancel? Go Mastercard, Gem Visa etc

Poor Ass on 06/08/2024 - 11:39

From Wednesday 17th July 2024 for credit cards:
Latitude GO Platinum Mastercard® and Latitude GO Mastercard®
Latitude Gem Visa®
CreditLine
Buyer’s Edge

The monthly account service fee $10.95 will be charged irrespective of your account balance

https://latitudefs.zendesk.com/hc/en-au/articles/50786601930…

Currently some of you have the awesome credit card insurance and get benefits like Price Protection and Merchandise Protection for these cards above and maybe also for the old Coles Source Mastercard and 28 Degree card

But now the cards above Latitude want to charge a $10.95 monthly fee. Over the years managed to reap thousands of benefits from these insurances and overall still up

Should I cancel and save $10.95 a month or keep buying things I can claim back on and hopefully not hit the lifetime limit?

Poll Options expired

  • 2
    Keep
  • 20
    Cancel
Financial Credit Card

Comments

  • teacherer on 06/08/2024 - 12:46

    I have a coles mastercard with 2 years price protection and 6 months merchandise protection with $99 annual fee.

    I would keep it for $10.95/m

    • Poor Ass on 06/08/2024 - 13:12

      I got that one too

      account cover plus right?

      • teacherer on 06/08/2024 - 13:12

        Yeah

        • Poor Ass on 06/08/2024 - 13:13

          issue is no points but I guess that's the same with most of the legacy buyer's protection cards

          after nab took over it all went to shit

          • teacherer on 06/08/2024 - 13:16

            @Poor Ass: No points? It earns triple flybuys which turns into about $500-600 flybuy dollars for us per year

            • Poor Ass on 06/08/2024 - 13:57

              @teacherer: The $99 rewards one doesn't have the old school buyers protection

              Only the ones that changed from Coles source master card did… I dunno

              And they changed all the conditions too

              • teacherer on 06/08/2024 - 14:05

                @Poor Ass: My current $99 coles one does, which I realise is no longer available.

              • MeesusEff on 06/08/2024 - 23:10

                @Poor Ass: They offered shoppers protection on both the free and rewards Coles cards back then, so if you activated it then you kept it. I have the free card and my sister has the $99 one both of us have shoppers protection

                • Poor Ass on 07/08/2024 - 07:52

                  @MeesusEff: I have it on the non annual feel Coles source before

  • scottb721 on 07/08/2024 - 12:43

    Just read 28Deg will be getting an $8 monthly fee from mid-Sept

    • Poor Ass on 07/08/2024 - 13:15

      oh dang!

      but……

      Under a new Latitude Rewards program, you will be eligible for a $10 e-gift card every statement period from a retailer of your choice via the Latitude App when you spend $1,000 or more on eligible transactions in each statement period.

  • blehgg on 07/08/2024 - 17:49

    Any other cards with price protection?

    I couldn't find any….

    • Poor Ass on 07/08/2024 - 20:23

      Doesn't exist anymore for new ones

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