Gizmodo: American Express Honoring Price Protection For iPhones…

The popular Gizmodo blog writes that AMEX is processing price protection claims for $200 refunds to people who bought the iPhone before last week’s $200 price-cut.

Only problem? AMEX discontinued their price-protection program (called BVG, or Best Value Guarantee) last year. No current AMEX card is advertised as offering any kind of price protection.

Additionally, return protection only covers items up to $300.

Sure, AMEX will take the claim, but the examiner will just reject the claim because its not covered!

Now if anyone wants to just file a chargeback against Apple for knocking 33% off the price of the iPhone just months after its release, that may just work!

At any rate, later this week we should have the info on how to get the $100 Apple Store credit for you early-adopters who just wouldn’t listen to my advice regarding the 1st generation iPhone…

5 Responses to “Gizmodo: American Express Honoring Price Protection For iPhones…”

  1. dave kay Says:

    dan thanks for everything! by the way would you know whats the best credit card to use on foreighn currency thanks

    ReplyReply
  2. yebo Says:

    capital one is the best as they dont have any conversion fees. right dan?

    ReplyReply
  3. RAFFI Says:

    HEY DAN HELLO FROM DOWN UNDER.JUST WONDERING IF YOU KNOW ANYTHING ABOUT THE EXCLUSIVE AMERICAN EXPRESS BLACK CARD (CENTURION CARD), AND IF SO WHAT ARE ITS BENEFITS

    ReplyReply
  4. yossi Says:

    Dan on this one i believe your mistaken, i learnt from you never to under-estimate American express!
    “The rep said it wasn’t usually covered under their plan, but since they love their customers so much, they’re going to honor it this time. And that’s why we love American Express.”

    I would put my money on Amex.. i belive they will honer the price drop…
    Time will tell.

    ReplyReply
  5. yossi Says:

    whoops never mind. sorry dan your right!

    ReplyReply

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