Purchase Protection

Purchase Protection is a service provided by credit card companies or retailers that safeguards your purchase against certain issues. If an item is lost, stolen, damaged, or arrives broken within a specified period, the protection plan may cover repair, replacement, or refund. It offers peace of mind by ensuring you aren't financially responsible for problems caused by circumstances beyond your control. This benefit typically applies to new purchases made with the covered card or account, giving consumers added confidence and security when buying products.