Barclays becomes latest credit card issuer to remove price protection

Joining the trend of cutting credit card benefits, Barclays has begun sending notice to cardholders that extended warranty and price protection benefits will be discontinued beginning Nov. 1, 2019 – according to a report by Doctor of Credit.

In November, the Barclays Financing Visa, Uber Visa Card and Barclaycard Arrival Plus® World Elite Mastercard® (which is no longer open to new applications) will discontinue price protection. If you have one of these cards, be sure to submit any eligible claims on purchases before Oct. 31, 2019.

See related: Best Barclays credit cards

As for extended warranty, Barclays has not released a full list of cards that will be cutting the perk. Be sure to keep an eye on your inbox and card statements for notice of any changes. Upon login, some Barclays cardholders are receiving a pop-up detailing exact changes.

Barclays joins Citi, USAA in slashing perks

Unfortunately, removing price protection seems to be a trend among major credit card issuers.

Citi announced earlier this year that Citi Price Rewind and a slew of other benefits would be cut from cards beginning Sept. 22, 2019. But on the bright side, Citi is making up for this cut by adding new features to one of its most popular rewards cards – the Citi® Double Cash Card.

See related: Citi Double Cash Card to allow users to convert cash back to ThankYou points

USAA began removing price protection from its cards on Aug. 31, 2019, but also extended the value of other card benefits.

In the case of Barclays, it seems any positive changes to make up for this cut will be limited. You should carefully check any notifications on your account for mentions of added benefits.