OUR FAVORITE PARTNER CARDS

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None of us anticipate our travel plans to get ruined when we book a trip. But when our travel gets canceled or delayed, your credit card with travel insurance benefits can be a valuable tool. These benefits can help reimburse your non-refundable purchases and incidental charges.

credit cards with travel insurance
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Of course, some credit cards with travel insurance offer better coverage than others. Hopefully, you won’t need to file a travel protection claim. But it’s nice to have this option just in case.

Maybe you want to hedge your bets against sudden trip cancellations or recently experienced an expensive travel nightmare, these credit cards with travel insurance can give you extra peace of mind.

1. Chase Sapphire Reserve

You might relish that the Chase Sapphire Reserve® earns unlimited 3x points on travel and dining. Plus it offers free Priority Pass membership, Global Entry or TSA PreCheck fee credit, and a $300 annual travel credit. But it’s also one of the best credit cards for travel insurance.

Some travel protection benefits include:

  • Trip cancellation and trip interruption insurance. Reimbursed up to $10,000 per person and $20,000 per person for prepaid, non-refundable travel expenses.
  • Lost luggage reimbursement. Up to $3,000 per passenger if common carrier loses or damages luggage.
  • Trip delay reimbursement. Up to $500 per ticket for essential purchases if common carrier travel delayed at least 6 hours or requires an overnight stay
  • Primary auto rental collision damage waiver. Up to $75,000 in theft and collision damage protection in the U.S. and abroad.
  • Emergency evacuation and transportation. Coverage of up to $100,000 for medical services or transportation if injured or become sick during a trip far from home.

One of the most unique benefits is the primary rental car coverage. Most credit cards only offer secondary coverage where your auto insurance provider must cover any damage claims before your credit card travel insurance benefits kick in. Primary coverage means your Sapphire coverage reimburses any claim first.

The Chase Sapphire Reserve has some of the best travel insurance benefits because of it’s $450 annual fee. These benefits tend to have higher coverage limits or activate sooner than lower-fee travel credit cards. You should get this card if you can enjoy the many Chase Sapphire Reserve benefits.

Learn more: Chase Sapphire Reserve®

2. Chase Sapphire Preferred

You don’t always need to pay a high annual fee to enjoy extensive credit card travel insurance benefits.

The Chase Sapphire Preferred® Card costs $95 yearly and has similar benefits to the premium Sapphire Reserve. You will notice that some of the coverage amounts are lower. Or you may need to wait several more hours before Chase begins reimbursing your trip delay-related expenses.

  • Trip cancellation and trip interruption insurance. Reimbursed up to $10,000 per person and $20,000 per person for prepaid, non-refundable travel expenses.
  • Baggage delay reimbursement. Up to $100 per day for 5 days for baggage delays over 6 hours with common carrier travel.
  • Trip delay reimbursement. Up to $500 per ticket for essential purchases if common carrier travel delayed at least 12 hours
  • Primary auto rental collision damage waiver. Up to $75,000 in theft and collision damage protection in the U.S. and abroad.

These Chase Sapphire Preferred benefits and travel perks make this one of the best credit cards for international travel. You will also earn 2x points on every travel and dining purchase.

Another option is that you can transfer your points to airline and hotel partners on a 1:1 basis through Chase Ultimate Rewards. Your points are worth 25% more when redeemed for award travel on Chase.

Along with the Capital One® Venture® Rewards Credit Card, the Chase Sapphire Preferred often gets listed from both experts and consumers to be one of the best travel credit cards available. Read our post comparing the Chase Sapphire Preferred vs Capital One Venture Rewards Credit Cards to learn more.

Learn more: Chase Sapphire Preferred® Card

3. Platinum Card from American Express

The Platinum Card® from American Express offers these travel coverage benefits:

  • Lost baggage insurance. Up to $3,000 per covered person when checked or carry-on baggage is lost or damaged. Amex reimburses up to $10,000 per trip when you have multiple travel companions.
  • Secondary rental car collision damage waiver. Up to the actual cash value of the rental vehicle for theft or damage to rental vehicles.
  • Premium roadside assistance. Complimentary tows, battery service, flat tire assistance for most personal vehicles in the United States.

The American Express travel insurance benefits aren’t the most valuable in comparison to some of the other best premium credit cards.

But the many Platinum Card benefits can help you maximize each trip. If your flight gets delayed, for instance, you can try passing the time in an airport lounge using your Global Lounge Collection membership. However, it’s still a good idea to purchase a separate travel insurance policy if you want to protect an expensive trip.

Learn more: Travel Rewards Credit Cards

4. United Explorer Card

The United℠ Explorer Card has some of the most impressive travel insurance benefits for a co-brand airline rewards card. This United credit card has the following travel protections:

  • Trip cancellation and trip interruption insurance. Reimbursed up to $1,500 per person and $6,000 per person for prepaid, non-refundable travel expenses.
  • Baggage delay reimbursement. Up to $100 per day for 3 days for baggage delays over 6 hours with common carrier travel.
  • Trip delay reimbursement. Up to $500 per ticket for essential purchases if common carrier travel delayed at least 12 hours
  • Primary auto rental collision damage waiver. Up to the actual cash value of the rental vehicle in theft and collision damage protection in the U.S. and abroad.

Your United travel benefits include complimentary Premier Upgrades on award tickets (when available), two one-time United Club passes each year, priority boarding, and 25% back on in-flight purchases.

Tip: If you are interested in airline-specific credit card perks, check out our post on the best airline credit cards 2019. You’ll find free bags, priority boarding, mile-earning opportunities, and more.

Learn more: Airline Credit Cards

5. Chase Ink Business Preferred

If you travel for business, you should also consider the Ink Business Preferred℠ Credit Card. The annual fee is $95.

  • Trip cancellation and trip interruption insurance. Reimbursed up to $5,000 per trip when a trip is canceled or shortened due to weather, personal illness or other covered reasons.
  • Primary auto rental collision damage waiver. Up to the actual cash value of the rental vehicle in theft and collision damage protection in the U.S. and abroad. The car must be rented for business purposes.

Your first $150,000 in combined travel and select business purchases can earn 3 Ultimate Rewards points per $1 spent. The points are worth 1.25 cents when booking award travel with Chase or you can transfer them to the various 1:1 airline and hotel transfer partners like United, British Airways, and Southwest Airlines.

The two no annual fee Chase Ink business credit cards — Chase Ink Business Cash and Chase Ink Business Unlimited — both provide primary rental car collision damage waiver coverage. This perk is a novelty for credit cards with an annual fee. If you rent cars for business trips regularly, getting an Ink business card can be one of the best “insurance policies” you can get for your business.

Learn more: Ink Business Preferred℠ Credit Card

Credit Card Travel Insurance Terms and Conditions

With any credit card, make sure you read the travel insurance terms and conditions before booking or submitting a claim.

For starters, the entire travel purchase must usually be made with that card to qualify for reimbursement. You may also need to see if the travel provider offers compensation before you can submit a claim with your credit card provider.

You might still purchase standalone travel insurance as an extra safety net. These policies insure the trip regardless of which credit card(s) you use to book your travels.

Summing It Up: Best Credit Cards With Travel Insurance

The built-in travel protection benefits are an effortless way to get extra peace of mind when you travel. They can save you money as you don’t buy add-on travel insurance for your less expensive trips. And the benefit payouts can be worth a lot more than the annual fee if you end up filing a claim.

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Josh Patoka

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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

The 5 Best Credit Cards With Travel Insurance Perks
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