2. Visa

The Visa extended protection program covers replacement and repairs up to $10,000. You can have a maximum annual benefit of $50,000. It doesn't cover normal wear and tear or items lost during delivery.

It also fails to cover theft or damage from baggage handlers and losses due to natural disasters. It excludes the following products: used items, items purchased for resale, medical equipment, real estate or permanently installed items, cars, boats, consumables, software, antiques, perishables, pets, and plants.

To file a claim, you must contact Visa within 60 days and have the following documents ready: credit card receipt, store receipt, manufacturer's warranty, item's serial number and description, and a repair order. This extended warranty is free of cost for Visa card members.

For example, Capital One Venture Rewards Card gives you a onetime bonus of 40,000 miles after spending $3,000 on purchases in the first 3 months of having the card. The miles you earn do not expire and they are unlimited. You can also earn 2 miles per $1 spent on your purchases. You get complimentary auto rental insurance and travel accident insurance. No annual fee for the first year; $59 after that.