If your luggage is lost or stolen, your trip is cancelled for reasons beyond your control, or someone destroys your rental car, a credit card with travel insurance can protect you from financial loss.
Surprisingly, credit cards with travel insurance offer this extra protection for free. If you own a top premium credit card with travel insurance, you can enjoy these extra benefits for free.
The travel insurance benefits you get with a premium card can vary widely, although it shouldn’t surprise you that premium travel credit cards tend to offer the broadest coverage.
Some of the types of insurance you can get with the best travel insurance credit cards include trip cancellation and interruption insurance, car rental insurance, luggage delay insurance, lost luggage reimbursement, roadside assistance, and more.
If you’re looking to get travel insurance as a cardholder benefit, the following premium credit cards with travel insurance should be high on your list.
Chase Sapphire Reserve
Best for luxury travel
- Trip Cancellation/Interruption Insurance: Up to $10,000 per person, up to $20,000 per trip
- Primary Rental Vehicle Protection: Up to $75,000 in Theft or Collision Damage
- Baggage Delay Insurance: Up to $100 per day for five days
- Travel Delay Reimbursement: Up to $500 per ticket
- Roadside Assistance: Up to $50 per accident, up to 4 per year
- Lost Baggage Compensation: Up to $3,000 per passenger
- Travel and emergency assistance services
- Travel Accident Insurance: Up to $1 million
- Emergency Evacuation and Transportation Coverage: Up to $100,000 per trip
- Emergency medical or dental benefits: Up to $2,500 if you are at least 100 miles from home
Learn more about the benefits of this card in our full Chase Sapphire Reserve® review.
American Express Platinum Card
Luxury Travel Runner Up
- Global Helpline: Available if you are at least 100 miles from home
- Trip Cancellation and Interruption Insurance: Up to $10,000 per trip, up to $20,000 per eligible card every 12 months
- Travel Delay Insurance: Up to $500 per insured trip (up to two claims per 12 months)
- Baggage Insurance: Up to $3,000 per person for carry-on baggage and up to $2,000 per person for checked baggage
- Second rental insurance: Up to $75,000 for rentals of 30 consecutive days or less
Learn more about the benefits of this card in our full American Express Platinum Card® review.
Chase Sapphire Preferred Card
Best for budget travel
- Trip Cancellation and Trip Interruption Insurance: Up to $10,000 per person, up to $20,000 per trip
- Primary Rental Vehicle Insurance for Damage or Collision: Up to the present value of the vehicle for a rental period of 31 consecutive days or less
- Baggage Delay Insurance: Up to $100 per day, up to 5 days
- Travel Delay Reimbursement: Up to $500 per ticket
- roadside transportation
- Lost Baggage Compensation: Up to $3,000 per passenger
- Travel and emergency assistance
- Travel Accident Insurance: Up to $500,000
Learn more about the benefits of this card in our full Chase Sapphire Preferred® review.
Capital One Venture X Rewards Credit Card
Best for everyday use
- Trip Cancellation and Interruption Coverage: Up to $2,000 per insured
- Travel Delay Compensation: Up to $500 per ticket
- Rental Vehicle Collision Damage due to Theft or Collision: Up to $75,000 of the actual cash value of the vehicle
- Lost Baggage Insurance: Up to $2,000 per bag, up to $3,000 per trip
- Travel and emergency assistance services
- Travel Accident Insurance: Up to $1,000,000 per person
Learn more about the benefits of this card in our full Capital One Venture X Rewards credit card review.
Ink Business Preferred Credit Card
Best for Small Businesses
- Trip Cancellation/Interruption Insurance: Up to $5,000 per person, up to $10,000 per covered trip
- Travel and emergency assistance services
- roadside transportation
- Primary insurance for rental cars: up to the cash value of the vehicle if you are renting for business purposes
Learn more about the benefits of this card in our full Ink Business Preferred® credit card review.
How to choose a credit card with travel insurance
When looking for a travel credit card with travel insurance, look out for other features like bonuses and fees. That way, you end up with a card that works great while traveling, while still offering great value at home.
When browsing the best credit card deals, keep these tips in mind:
- Step 1: Identify the travel protection you need most. First, it may be helpful to determine which travel insurance benefits are most important to you. While some consumers may only need primary rental car insurance or trip cancellation and interruption insurance, you should consider whether you would consider other services, such as luggage insurance or roadside assistance.
- Step 2: Read the terms and conditions. In addition to deciding what travel protection you might use, be aware of coverage limitations and exclusions. For example, some travel cards only offer car rental during certain rental periods or in certain countries. Other benefits come with low limits that don’t offer much protection.
- Step 3: Compare reward programs. Next, think about the type of rewards you want to earn with your credit card—do you prefer to collect cash back, earn points that can be transferred to airline or hotel programs, or have flexible rewards redemption that can be used in multiple ways. Make sure every card you consider offers a rewards system that suits your spending style.
- Step 4: Weigh the benefits of a card with an annual fee. Finally, keep in mind that the best credit cards with travel insurance usually have an annual fee, while the ones with the strongest insurance options cost $500 or more. While paying the hefty fee for a travel credit card might be worth it, if you take the time to compare all your options, you might be able to get basic travel protection for less (or even no annual fee).
Keputusan akhir
If you’re looking for a credit card with travel insurance, any of the premium credit cards we’ve featured on this page should work for you. However, be sure to use other features like bonuses and fees to compare. Travel insurance benefits are worth paying the annual fee for a credit card, but don’t overpay for the protection you most want.
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