Here find a breakdown of the limits of purchase, warranty and return protection by American Express, Visa Signature and MasterCard. MasterCard’s warranty service takes last place, but the issuer offers a price protection program: if you find a lower price for the same item within 60 days, they may refund the difference (terms aren’t posted online, sorry).
|World MasterCard||Visa Signature||American Express|
|Purchase Protection||Duration||90 days||90 days||90 days|
|Coverage per Incident||$1,000||$500||$1,000|
|Coverage per Year||$25,000||$50,000||$50,000|
|Covers||Theft and damage, with limits*|
|Return protection||Duration||60||90 days||90 days|
|Coverage per Incident||$250||$250||$300|
|Coverage per Year||Not disclosed||$1,000||$1,000|
|Items not covered include||Forms of transportation, plants, animals, computer programs|
|Warranty Extension||Warranty extended by||1 year||1 year||1 year|
|Max duration of original warranty||1 year||3 years or less||5 years|
|Purchases made abroad qualify with||US warranty only|
In addition, the networks offer rental car insurance, and the benefits differ sharply by issuer. For a more detailed analysis, see our blog post.