(my bolding) Concur. After reading the OP, I was thinking of posting the exact same thing.

My other guess is that what the OP described doesn't seem like it's overly suspicious or risky, there are other things I'd be more worried about.

(Welcome to FT.) Chase also makes money from swipe fees. Regardless of how much Chase makes from YOU, Chase makes lots of money from credit cards. Some cards and people are more or less profitable for Chase (or any card issuer), it’s (probably) difficult to market a product that will be profitable for Chase from EVERY customer. Some cards and perhaps people are loss leaders.

It would also not be surprising to learn that somehow, considering rampant corporate corruption, Chase makes a profit from these sorts of claims, maybe a kickback from the insurer or Chase/insurer collects more than is reimbursed, interest or a penalty fee. Although it might be a loss leader, Chase isn’t providing this service out of the goodness of their hearts. No matter what anyone says, it’s all about the Benjamins and the greenbacks.

With all due respect, while that sentiment was nearly universally agreed upon when the card was introduced in 2016, it’s since, with the introduction of other premium cards, become debatable. There’s considerable discussion of that exact subject, this is the most recent thread here I could find.

Presuming such a claim has to be made within x days of purchase, wouldn’t the seller’s or manufacturer’s warranty cover such a situation? Thank you.

Does Chase(‘s insurer) subrogate certain claims? Thank you.