Save Money with Credit Card Warranties

Your credit card might be lying to you about extended warranties. Seriously, you could be throwing away hundreds of dollars on unnecessary coverage! Here’s the truth: many cards, like the Chase Sapphire or Amex Platinum, automatically extend the manufacturer’s warranty by up to a year. That’s right—if you buy a $1,000 TV, it could be covered for an extra year after the factory warranty expires! But if you buy a separate warranty for $200, you’re just wasting cash. Instead, use that money to pay down your credit card debt, which averages over $6,500 with an APR of 20.5%. Check your card benefits—stop paying for what’s already covered!