Five Credit Cards with Price Protection in 2020.

Price protection is the benefit that allows you to claim the difference in price when an item you recently purchased is offered for less. While this benefit has been removed from most cards, few cards continue to offer it.

Most people get confused between Price and Purchase protection. Purchase protection is a benefit that you can claim in case of accidental damage, theft, or loss of an item you recently purchased.

To be eligible for price and purchase protection you must meet certain conditions, which are also time bound. These terms and conditions vary based on the credit card issuer’s policies. We have covered purchase protection in detail in our blog, to learn more click here.

Presenting to you few cards with price protection, rewards, along with other benefits.

Wells Fargo Visa Signature card

Wells Fargo Visa Signature card is a card for those who want to earn cash back on all purchases. The maximum rewards you can earn with this card is in the first six months of your account opening. 

You can earn up to 5x points up to $12,500 spent on purchases made in categories such as gas, grocery, drugstore, and 1x points on all other purchases. 

Once you have reached the spending threshold or have completed six months, all your purchases made using this card will earn you 1 point for $1 spent.

The points earned will get you more value when you redeem them for airfare rather than cash redemption. You also have the option to combine your points with another Well Fargo card.

This card has an attractive introductory period for balance transfer and purchases which is 15 months, should you choose to explore them. 

Benefits offered on Wells Fargo Visa Signature:

Annual Fee: No Annual Fee

Cell Phone Protection: Up to $600 per claim.

You can make use of the mobile phone protection benefit which covers you up to $600 against damage or theft, however, to avail this benefit you must pay for the monthly phone bill using this card. You have to pay a small deductible to avail the protection, you can read more about it here.

Price Protection: up to 60 days

Purchase Protection: up to 90 days

Extended Warranty: 1 additional year on qualifying purchases.

Trip Cancellation/ Interruption Insurance: Yes

Lost luggage Reimbursement: Yes

Auto Rental Collision Coverage: Yes

Travel Accident Insurance: Yes

Drawback: The cash back you would earn for your purchases after the first six months or after reaching the spending threshold would be lower at 1x point. The purchases you make abroad are also charges a foreign transaction fee.

You can learn more details about Visa Signature benefits associated with Wells Fargo Visa Signature by visiting this link.

Capital One Spark Cash for Business

Capital One Spark Cash is not a personal card but a dependable business card that yields rewards on business purchases.

You get 2% cashback for all your business purchases. The cashback earned can be redeemed at any time as long as your account is active. You do not pay a foreign transaction fee for the purchases made abroad.

This card gives an early spend bonus of $500 when you make purchases for $4500 or more within the first three months of opening your account.

Features like recurring transaction list , purchase records download, and choose your due date make business banking easy with this card. 

You can apply for employee cards and this won’t cost you an additional fee.

Benefits offered on Capital One Spark Cash for Business:

Annual Fee: The annual fee for the first year is waived and from the second year, an annual fee of $95 would be applicable.

Price Protection: up to 60 days

Purchase Protection: up to 90 days

Extended Warranty: up to one additional year on qualifying purchases.

Zero Fraud Liability: Yes

Drawback: For the first year your annual fee is waived ,however, from the second year the charges will be applied to your account. The variable APR offered on Spark Cash for business is high, and the card does not currently have a introductory APR offering.

You can read more about Spark Cash for Business on our blog

Capital One Spark Miles for Business

If you are a business traveler, you will love Capital One Spark Miles for Business.

Miles for Business gives you 2x miles for all the purchases you make using this card. There are no blackout dates and seat restrictions which makes travel arrangements convenient using this card. Also, you do incur foreign transaction fees for the purchase you make abroad.

You can earn 5x miles for hotel and car rental booking when they are made through Capital One travel.

To begin the miles journey, you can earn up to 50,000 early bonus miles when you spend $4500 on purchases within three months of account opening.

The points earned can be redeemed anytime for flight, hotel, and vacation bookings. The points can also be transferred to other travel partners.

You could qualify for a statement credit up to $100 when you pay for Global Entry or TSA PreCheck application with Capital One Spark Miles for Business.

You can also get an additional card for employees at no additional cost.

Benefits offered on Capital One Spark Miles for Business:

Annual Fee: The first-year annual fee is waived, from the second year there is an annual fee of $95.

Price Protection: Up to 60 days

Purchase Protection: Up to 90 day

Extended Warranty: up to one additional year on qualifying purchases.

Zero Fraud Liability Protection: Yes

Roadside Assistance: Yes

Drawback: For the first year your annual fee is waived, however, from the second year the charges will be applied to your account. The variable APR offered on Spark Miles for business is high, and the card does not currently have a introductory APR offering.

Capital One Spark Cash for Business card and Miles for Business both come with car rental insurance, lost luggage reimbursement, and travel accident insurance benefits.

The benefits listed above vary based on Visa or Mastercard, thus we suggest you confirm with the bank before applying for a card if you are interested in a particular benefit.

ABOC Platinum Rewards Mastercard

ABOC Platinum Reward Mastercard is a nice card that offers value through its ABOC Rewards Program.

Any purchase you make using your ABOC Platinum Rewards card earns you 1 reward point per dollar. However, you can earn additional 4 points per dollar on your first $1,500 in combined purchases each quarter made with your ABOC Platinum Reward Mastercard.

Your reward earnings begin with your first purchase, there is no cap on the points you earn. Also, the points earned do not expire.

You can also earn a $150 statement credit when you spend $1,200 in purchases within the first 3 months of account opening. You can redeem your reward points for travel, cash, or gift card.

ABOC Platinum Reward Mastercard does not charge you a foreign transaction fee for the purchases you make while traveling abroad on a holiday.

Benefits offered on ABOC Platinum Reward Mastercard

Annual Fee: $0

Price Protection: Up to 60 days

Extended Warranty: Up to 1 year on qualified purchases.

Zero Liability Protection: Yes

Mastercard ID Theft Protection: Yes

Drawback: You may quickly reach max out on your bonus cash back category and any purchase you make thereafter will earn you on 1 point per $1. There are other rewards cards which offer a higher flat cash back earnings that would be worth looking at.

Rakuten Cash Back Visa Credit Card

Formerly known as Ebates card, the card now goes by the name Rakuten Cash Back Visa credit card.

The Rakuten Cash Back Visa card is designed for shoppers who like to shop online and would like to buy from different stores. This card offers you the potential to earn cash back from over 2500 stores that participate in the Rakuten program.

You can an earn extra 3% cash back on qualifying purchases when you use your Rakuten Cash Back Visa card at, Rakuten travel and for In-Store Cash Back offers. To learn about how In-Store Cash Back works, click here

You must link your Rakuten visa cash back card to your Rakuten account and then the link in-store cash back offer to be eligible for the extra 3% cash back.

Your first purchase using your Rakuten cash back visa card would earn you a $10 first purchase bonus which would be credited to your Rakuten account.

While signing up for a Rakuten account, you can choose to link your Amex membership rewards account to earn points instead of cash back. To know more about Amex membership rewards account linking, click here.

Your Rakuten card rewards can be redeemed on a quarterly basis by check or a deposit to your PayPal account. The minimum redemption amount which is required is $5.00. 

Benefits offered on Rakuten Cash Back Visa Card:

Annual Fee: No Annual Fee

Price Protection: up to 60 days

Purchase Protection: up to 90 days

Return Protection: up to 90 days

 Drawback: Rakuten Cash back card rewards can only be redeemed on a quarterly basis, whereas most of the other cards allow you to redeem your points at any time.

To get the extra 3 % cashback, you have to link the in-store offers each time before making the purchase, whereas other rewards cards with rotating categories and flat cashback do not require reward activation on each purchase.

The benefits offered may vary depending on if the card you have applied for is a Rakuten Cash Back Visa Platinum or Visa Signature Credit Card.

While each of the cards is unique and offers different values, we do not recommend getting a credit card only for price protection benefit. Most issuers have a limit on the number of claims that can be submitted per year.

We suggest an evaluation of the pros and cons of each card before you consider applying for a new credit card.

Home Depot’s Price Match Policy

All you need to know and How to Maximize Your Savings

Home Depot is one of the largest retailers for home improvement and DIY repairs. Looking to fix up your home, paint that spare room, or make those repairs over the weekend? Then you can probably be found loading your cart up at Home Depot. However, what happens if you find everything you need except that ride-on mower was cheaper at Lowe’s—do you have to suck up that loss or make two trips just to get your next project finished? This is where the Home Depot price match policy is your ticket for one-stop shopping.

Let’s take a look at the Home Depot price match policy, what they exclude, how making purchases with your credit card can get you reimbursed, and how Sift can automate the process effortlessly.

Read More »

Amazon’s Price Match Policy

Maximize Your Savings with the Amazon Price Match Guarantee and an Indispensable App!

If you want it, Amazon’s probably got it. Amazon is one of the largest online retailers worldwide, with a staggering selection of goods—anything from clothing to hot sauce to drones. In addition to their expansive inventory and handy Amazon Prime service, did you know the Amazon price match policy may help you save money on goods that you’ve purchased in the past and on goods that you may be considering buying?

Simply put, if you’re able to find an identical item at lower price elsewhere, you may be able to receive the item at the lowest verified price at Amazon. Best of all, you can get it with Amazon’s super-fast delivery service, as well as the comfort of knowing that you won’t be ordering from an unscrupulous online seller.

Unfortunately, Amazon has been scaling back its price-match policy recently. Instead leaving it to savvy consumers to fight for the lowest prices. Is there still an option to get low prices at Amazon?

Read More »

Target Price Match

How to Get the Lowest Prices at Target

Whether you’re looking for clothing, groceries, home decor, or electronics, Target can’t be beat for great savings in nearly everything you could want for the home. While Target features some of the lowest prices and goods marked-down from their rivals, some prices may be lower at other places. Instead of spending your weekend shopping at different retailers just to get everything you need for your home, the Target price match policy can make your shopping experience cheaper and more efficient.

In this article, we’ll be taking an in-depth look at Target’s price match policy, how you extend their policy using your credit card, and an indispensable app that does it for you—automatically!

Read More »

Best Buy Price Match

Maximise your Savings with the Best Buy Price Match Guarantee

Are you in love with the latest tech at the lowest prices? If so, Best Buy is your destination to get smartphones, home stereo systems, tablets, music, home security systems—the list goes on when it comes to Best Buy’s extensive inventory. But what happens if you see a laptop at a lower price at another retailer. Are you out of luck?

That’s where the Best Buy price match policy can have you taking home your devices at the lowest prices. In this article, we’ll take a closer look at the Best Buy price match guarantee, as well as show how your credit card and an indispensable app from Sift  can make your life less complicated.

Read More »
sift price protection

What is Price Protection?

Ever buy an item, only to find out it drastically dropped in price the next week?  If only you had waited…

Price protection is a fairly simple concept: you purchased an item, you find a lower price afterwards, and now you want the difference reimbursed.

If you’ve ever wondered if there is a way to make up the difference, you may be in luck. By shopping at certain retailers and/or using a credit card that has a perk called price protection, you may be entitled to a reimbursement within a specified period of time.

Let’s take a look at how price protection works and if you can get those discounts!

Read More »