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What purchase protections do I get with Premium?

With Premium, your Boost Money™ Card comes with Purchase Security, which protects new purchases from theft or damage caused by covered events (like fire or certain weather conditions) for up to 90 days. Coverage is up to $500 per claim, $50,000 per cardholder.

To file a claim: Call the Benefit Administrator at 1-800-553-4820, or call collect outside the U.S. at 1-303-967-1096, within sixty (60) days of the damage or theft (if you wait longer, coverage may be denied). The Benefit Administrator will ask for some preliminary claim information, answer your questions and send you a claim form.  When you submit your claim, be sure to include all information regarding your claim including the time, place, cause and the amount to either replace or repair the item.

 

For complete details on coverage and exclusions, please see the Boost Money™ Premium Guide to Benefits PDF.

*The Boost Money™ Card requires a Boost Money™ Spend account, a deposit account with funds held as security for the Boost Money™ Card. Credit Lines feature an Annual Percentage Rate (APR) of 0.00% and a single 1 month repayment term and are subject to verification and approval. Your line is determined by the amount deposited into your Boost Money™ Spend account. At your option, repay your transactions each month with your Boost Money™ Spend account funds. For example, a $100 card purchase with a 1 month term and a 0% APR has a required single installment payment of $100. There is no fee to use an AllPoint® ATM. ATM withdrawals outside the AllPoint® ATM network are subject to a $2.50 per withdrawal fee, which will increase your finance charge and APR. A Boost Money™ Card is automatically sent when funds are added or direct deposit is switched to the Spend account. A card can be requested at any time in the account dashboard. The Boost Money™ Card is unique in that it allows you to obtain a series of closed-end loans which you may access through transactions such as card purchases up to your line amount. The Boost Money™ Card is not available in all states.

A Boost Money™ Card is automatically sent when you fund, receive money into, or switch direct deposit to your Spend account. You can also request a card anytime. Be sure to have funds in your Boost Money™ Spend account. Then spend up to the available balance on your Boost Money™ Card. We'll report on-time payments to the three major credit bureaus (Transunion®, Experian®, and Equifax®) to help you build credit over time. Credit score improvement is not guaranteed. Late payments, delinquencies or other derogatory activity on this account or your other credit card accounts and loans may adversely impact your ability to build credit.

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