Credit card benefits · India

Credit card purchase protection in India, explained.

India's super-premium cards - HSBC TravelOne, SBI Aurum and Axis Magnus - quietly include purchase protection, extended warranty and price protection. Here's how they compare and how to actually claim them.

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Head-to-head

HSBC TravelOne vs SBI Aurum vs Axis Magnus

Card	Extended warranty	Purchase protection	Price protection
HSBC TravelOne HSBC	Not offered as a standard benefit	Visa Infinite purchase protection on eligible items (up to 90 days)	Not offered
SBI Aurum SBI Card	Up to +12 months on eligible electronics (original warranty ≤24 months)	180 days against theft & accidental damage, up to ₹50,000 per claim	Not offered
Axis Magnus (Burgundy) Axis Bank	Complimentary extension via Mastercard World Elite benefits on select categories	Purchase protection on eligible items within 90 days of purchase	Limited price protection under Mastercard World Elite programme

Benefit details are compiled from public T&Cs and network benefit guides - always confirm with the issuing bank before relying on a specific cover.

How to claim

The three-step claim

File an FIR (for theft) or keep the damaged item and diagnostic report (for accidental damage) within 48 hours of the event.

Call the number on the back of your card and ask for the purchase-protection or extended-warranty claim form - most banks route it to a third-party underwriter.

Submit the invoice, card statement showing the transaction, FIR/diagnostic and claim form within the window (usually 30–60 days from the incident).

Keep digging

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All Indian credit card benefits

Compare every card on extended warranty, purchase protection and lounge access.

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Verify what's still under cover before you claim.

Stop leaving these benefits unclaimed.

Add your cards once and Keevora automatically matches every product you buy against the purchase protection you already pay for - then walks you through the claim.

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Common questions

What is credit card purchase protection?

Purchase protection is a benefit on premium credit cards that reimburses you if an item you bought on the card is stolen or accidentally damaged within a short window after purchase - usually 90 to 180 days, subject to a per-claim cap.

Which Indian credit cards have the best purchase protection?

Super-premium cards on Visa Infinite and Mastercard World Elite (SBI Aurum, HSBC TravelOne, Axis Magnus Burgundy, ICICI Emeralde and similar) offer the strongest purchase-protection windows and claim limits in India. Exact caps vary - check each card's benefit guide.

How is purchase protection different from extended warranty?

Purchase protection covers theft or accidental damage in the first few months after purchase. Extended warranty kicks in after the manufacturer warranty ends and covers mechanical or electrical failure. Many premium Indian cards include both, but you have to claim them separately.

How does Keevora help me use these benefits?

Add your cards once and Keevora matches every product you buy against the purchase protection, extended warranty and price protection your card already includes - then walks you through the claim if something goes wrong.