American Express LogoI got a letter over the weekend from my new favorite company, American Express.

They politely informed me that they have credited my account $233.00 for the claim I filed over my iPhone. $33 more than I had initially expected, was credited to me based on the "Purchase Protection Plan." In fact, AMEX noted the credit as a "GOODWILL CREDIT:PURCHASE PROT CLAIM" on the statement.

Not only did a get $233 back from AMEX, in pure cash. I also got a $100 credit from Apple for the iPhone purchase.

So the iPhone that cost me $599 now cost $333 less, or $266. that is about $35 less than it costs to buy an iPhone now. Pretty sweet.

Now who is looking smart?