The full price needs to be charged to the card. For that reason, to take advantage of credit card insurance (Purchase Protection and Extended Warranty), the phone has to be purchased outright and not on subsidy or combined with cash, gift card. Splitting the phone purchase between several cards will not qualify for the insurance coverage.cal653 wrote: ↑Jan 7th, 2018 1:58 pmUse multiple cards as stated before. Fido gives 1.5%. This 1% card is only used the odd time to buy phones. Most of the time its kept in a drawer at home, not daily carry. Just one out of more than a dozen cards kept on file.
Agreed only 2 year coverage but its free so I can't complain too much. It's 0.5% less than Fido, so the cost is a one time hit of $5 per $1000 phone value. If you compare carrier or Apple Care + ($170) Insurance it costs way more than that.
It's mainly useful if you lose your phone or doing something stupid like dropping and breaking the screen.
I don't think extended warranty covers user negligence / dropping for 2 years while this does.
Please feel free to advise a better no fee card to use for buying phones, I am always open to options.
The Extended Protection feature automatically, without
registration, provides Cardholders with double the term of the Manufacturer’s
Warranty up to a maximum of one additional full year commencing immediately
following the expiry of the applicable Manufacturer’s Warranty on most items
purchased in Canada, the United States or worldwide when the full Purchase
Price is charged to the Card and the original Manufacturer’s Warranty is
honoured in Canada or the United States.