Many popular credit cards offer purchase protection or extended warranties for items purchased using your card. To qualify for this benefit, you simply have to charge the full purchasing price of the item to your credit card. This was a standard benefit for cardholders several years ago that has become rare in recent years. Every card that offers purchase warranties has varying levels of coverage, and some offer a broader scope of coverage than others. With purchase protection, you may get extended warranties that add time to the typical manufacturer’s warranty and cover the cost of repairs or replacement of larger purchases. You may also have price protection that will reimburse you the difference if you find the same item available at a lower price within a certain time frame after your purchase. Other protections may cover the cost of travel expenses if you have to cancel a trip. You may also be able to cover the cost of rental car insurance when you pay your rental fees using your credit card. If you’re looking to purchase new appliances or other major electronics for your new home, one of these cards is a great tool for adding to your peace of mind if an item malfunctions or breaks. Warranties are never a bad thing to have — and if you can extend your warranty at no additional cost, it’s always a good thing.