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Frequent Contributor
nada9188
Posts: 251
Registered: ‎11-27-2011
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Does anyone know if AMEX offers price protection?

I know that they offer purchase protection, but what about if you buy something, and the price goes down?

 

I booked a cruise and it is now being advertised at a lower price, and the cruise company won't honor the difference!!

 

Thank you

 

 

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pizzadude
Posts: 9,674
Registered: ‎01-28-2010
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Re: Does anyone know if AMEX offers price protection?

[ Edited ]

 

Not that I'm aware of, at least I have never seen this feature advertised.   What is the price difference ?

 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
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Re: Does anyone know if AMEX offers price protection?

Do what you can to see if you can get the difference, but don't beat yourself up over it if you can't.  This happens with some things.  Things like airline tickets and cruises change as they start to see that they might not sell all the spots.  Just part of the game. 


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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
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Re: Does anyone know if AMEX offers price protection?

Do they penalize for cancelling your previous trip and just rebooking at this new price?

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EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

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Frequent Contributor
nada9188
Posts: 251
Registered: ‎11-27-2011
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Re: Does anyone know if AMEX offers price protection?

Good point as to this is the part of the game.. I understand but hey if price protection was one of AMEX's benefits I would be glad to use it. 

 

I used my card for my friend to book in addition to mine. The total difference is about $400. 

 

Any yes, they will penalize severely for a cancellation. 

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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
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Re: Does anyone know if AMEX offers price protection?

I really don't blame you for trying.

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EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Valued Contributor
crunching_numbers
Posts: 1,093
Registered: ‎02-15-2012
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Re: Does anyone know if AMEX offers price protection?


nada9188 wrote:

I know that they offer purchase protection, but what about if you buy something, and the price goes down?

 

I booked a cruise and it is now being advertised at a lower price, and the cruise company won't honor the difference!!

 

Thank you

 

 


Some cruise lines will give you an on board credit. Carnival will only reduce the price if you booked at a rate that was "guaranteed" to be the lowest.  Most cruise lines will reduce your fare, but only BEFORE you have made final payment. Once final payment is due, they reserve the right to sell at lower prices to fill tthe unsold berths. On occasion (not with Carnival), some cruise lines will give you an upgrade to a better stateroom.  Call your travel agent. They have the right backdoor access to get the job done, if it is at all possible. 

 

As a side note to everyone:

ALWAYS use a travel agent.

It should NEVER cost you more money to use a travel agent. You might even save money that way.  Travel agents are paid commission by the cruise lines. You will pay the same price, but when you book direct the cruise line keeps that money.  The travel agent is your biggest advocate with the cruise lines, and is aware of discounts that you will not always see online.  A good agent will monitor your account and catch those reduced fares when possible BEFORE final payment. 




Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: 748 TU(12/12), 783 TU98 , 813 TU08 FICO, 744 EQ FICO , 735 EX(9/12), 794 EX08 FICO, 809 EX08 bankcard FICO
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (20.7K), BofA Travel Rewards ($17.5), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (15K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Disc It ($8K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Wally D ($7.5K), JCP($5.3K)
Valued Contributor
crunching_numbers
Posts: 1,093
Registered: ‎02-15-2012
0

Re: Does anyone know if AMEX offers price protection?

Also, price protection will not apply with any CC for airfares or cruises.


Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: 748 TU(12/12), 783 TU98 , 813 TU08 FICO, 744 EQ FICO , 735 EX(9/12), 794 EX08 FICO, 809 EX08 bankcard FICO
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (20.7K), BofA Travel Rewards ($17.5), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (15K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Disc It ($8K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Wally D ($7.5K), JCP($5.3K)
Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
0

Re: Does anyone know if AMEX offers price protection?

According to this, Amex dropped the benefit in 2006.  :smileysad: http://creditcardforum.com/blog/amex-citi-chase-credit-card-price-protection/

 


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


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Open123
Posts: 4,155
Registered: ‎02-23-2011
0

Re: Does anyone know if AMEX offers price protection?

The only card I've see that offers price protection (up to $500) is my Chase Explorer.  Not sure if other Chase cards offer this.

 

However, I'm not sure it'll apply to airfare. 


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