MemberCard purchases covered by buyer protection

Buyer Protection and Extended Warranty coverage has been provided on to your Global Payment Mastercard® purchases for a very long time, and effective April 1, 2016 this coverage will also be provided to your MemberCard® purchases.

Buyer Protection: The Buyer Protection feature covers most retail items of personal property purchased worldwide (including gifts) against direct physical loss resulting from theft, damage or destruction when purchased using a covered account provided such theft, damage or destruction occurs within 120 days from date of purchase. If your homeowner’s insurance provides coverage it must be claimed first, Buyer Protection would cover the deductible or items under the deductible amount.

Extended Warranty: The program doubles the warranty period of a purchased item up to two years, as long as the manufacturer’s warranty is valid in Canada for five years or less. For example, when you purchase a blender, the manufacturer would typically offer a one year warranty. But if the member uses their credit union card for the purchase, the blender is protected for an additional one year.