Credit Cards With Travel Insurance

Michelle Brooks

Michelle Brooks

Financial Advisor

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Traveling is a ton of fun. But it can also be incredibly stressful. Many people don’t realize that one of the benefits of having a credit card is travel insurance. Travel insurance can help reduce the stress associated with travel and let you kick back, relax, and enjoy your trip.

That’s why we put together this article and FAQ. It’s here to help you understand the travel insurance benefits different credit cards offer. Use this information to make the most of your next travel experience.

Topics Covered

Understanding Credit Card Travel Insurance

Almost every major credit card offers some kind of travel insurance. However, it’s important to realize that different credit cards offer different types of insurance as well as different levels of coverage. The different levels of coverage vary based on your particular card. However, there are 4 general types of travel insurance that credit cards offer.

Credit Cards With Travel Insurance

Understanding Credit Card Travel Insurance

Almost every major credit card offers some kind of travel insurance. However, it’s important to realize that different credit cards offer different types of insurance as well as different levels of coverage. The different levels of coverage vary based on your particular card. However, there are 4 general types of travel insurance that credit cards offer.

The Different Types of Travel Insurance Credit Cards Offer

Travel insurance is a pretty broad term. It can mean lots of different things. This section covers the four most common types of travel insurance you can get with your credit card company. The four major types are:

  • Trip Cancelation
  • Travel Delay or Interruption
  • Lost and Delayed Luggage
  • Travel Accident/Travel Health

Trip cancellation coverage is exactly what it sounds like – if something causes you to have to cancel your trip then the credit card company will cover a certain amount of the costs that aren’t reimbursed. That could include things like airline tickets and hotel reservations, tickets to events and amusement parks, and more. As a result, you can be confident that you won’t be out a huge pile of cash should the worst happen with your trip.

The second major type of travel insurance that credit cards offer is travel delay or interruption coverage. This could be used in case of a natural disaster, like a hurricane striking while you’re visiting the beach, or if technical difficulties or weather delays your trip. The coverage and conditions you get with this benefit vary from card to card, and every card doesn’t offer it.

The third common type of travel insurance is lost and delayed luggage coverage. Everyone’s had a shuddering thought that their bags might not make it to their destination. While this is rare, it can happen. Lost and delayed luggage coverage helps pay for replacement items so you can carry on with your trip, whether it’s for business or pleasure.

Finally, some credit card companies offer travel accident or travel health insurance. Travel accident insurance helps pay the costs of medical care if you become sick or injured while traveling. It’s important to note that this type of insurance is actually fairly rare. Most credit cards don’t offer it. So if you’re counting on your credit card’s travel insurance to cover you abroad, then you’ll want to double check your contract.

Travel accident insurance also covers you should the worst happen. If an accident aboard a common carrier, like a plane, bus, or train, causes death or dismemberment, then many credit cards provide insurance coverage in that instance. This is much more common than emergency medical coverage when it comes to credit card travel insurance.

Benefits and Drawbacks of Credit Card Travel Insurance

You’ll want to understand the benefits and drawbacks of credit card travel insurance so you can decide if you need to get supplemental protection as well. Use these lists to help you make a decision.

Benefits

There are several benefits to take advantage of when you’re using travel insurance through your credit card. The specific benefits and limits vary wildly from card to card, but credit card travel insurance has the following benefits:

  • Free coverage
  • Protection from many unfortunate travel events
  • Most cards offer something

The biggest benefit to the travel insurance offered by credit card companies is that it’s free. You don’t need to pay extra to get these benefits. As a result, it’s a great way to keep costs down while you’re traveling.

Also, travel insurance offers financial protection for unfortunate travel events. No one wants to face a choice to stay in their hotel or to leave because a hurricane is coming. With travel insurance, you don’t need to worry about losing out on your hard-earned money should the worst happen.

Finally, while not all cards offer every type of travel insurance, most cards offer at least something. Understanding what kind of coverage your card offers can help you figure out what other types of insurance products you could need based on your specific trip.

Drawbacks

There are some downsides to the travel insurance you get with your credit card. Keep in mind that different cards and agreements will have different coverage benefits and drawbacks. However, the general drawbacks you get from credit card travel insurance include:

  • Might not cover all of your costs
  • Most cards don’t offer medical or medical evacuation coverage
  • Restrictions and limits
  • Can be confusing

The first drawback to credit card travel insurance is that it might not cover all of your costs. That could be because of limits on the coverage or it could be from restrictions on benefits. That’s why it’s essential to check your credit card policy so you know what’s covered and what isn’t.

The next drawback is that most credit cards don’t offer medical or medical evacuation coverage. This isn’t usually an issue. If you’re traveling in the US, then your primary health insurance should work. If you’re outside the US, then you might want o look into what your card offers and consider a travel health insurance policy based on your planned activities.

Restrictions and limits are another drawback of credit card travel insurance. You may have trip cancelation insurance, but if you’ve spent $10,000 on a cruise and your limit is $1,500, then you’re still out a good chunk of change. However, it is better than nothing.

There are also usually restrictions on how to qualify for the coverage. Most credit card companies require that you pay for the totality of your travel ticket with the card to qualify. Others will allow you to use points from your card, or only pay a percentage of the cost of the ticket to get coverage.

Finally, like any insurance product, the travel insurance your credit card offers can be confusing. There’s something about the language of insurance that makes it hard to understand and read. You might need to talk to a customer service representative to verify your coverage and the terms and conditions.

Credit Cards With Travel Insurance

Getting the Most from Credit Card Travel Insurance

The best way to get the most from your credit card travel insurance is to carefully compare what’s covered and what you plan to do on your trip. For example, a simple business trip probably won’t require medical evacuation insurance, but you’ll certainly want lost/delayed luggage protection.

In the same way, if you’re going to be engaging in “high-risk” activities like snowboarding, mountain climbing, hunting, or spending long periods away from major urban centers, then something like medical evacuation insurance makes a lot more sense. You should check with your credit card company and issuing bank to ensure you’ve got the coverage your trip needs.

Get the most from your travel insurance on your credit card by understanding what your benefits are. Knowing you’re covered for certain events can help give you a great deal of peace of mind when you’re traveling. So review your contract, understand your benefits, and enjoy your trip.

FAQ

Any insurance product can be confusing, and credit card travel insurance is no different. That’s why we put this helpful FAQ together. Use this information to make informed decisions about protecting yourself while traveling.

General Credit Card Travel Insurance Questions

This section covers the basic questions you have about credit card travel insurance. Use this section to get a better understanding of how credit card travel insurance works so you can move on to questions about specific credit cards.

Does My Credit Card Give Me Travel Insurance?

Most credit cards offer some kind of travel insurance. However, the specific coverage will be different from card to card. Calling the issuing bank or checking your credit card contract is a great way to find out what kind of coverage your card offers.

Does Credit Card Travel Insurance Cover Cruises?

Usually, at least to a certain amount. Your specific credit card insurance probably has a limit on how much it will cover in non-refundable expenses, and a cruise may or may not exceed your limit. You should also check on the way your insurance works for overseas travel if your cruise will leave US waters.

Do Credit Cards Cover Travel Insurance?

Many of them do. However, different cards offer different types and coverage amounts when it comes to travel insurance. We recommend reviewing your credit card policy to get a better understanding of your benefits.

Which Credit Card Gives Free Travel Insurance?

That depends on what kind of travel insurance you’re looking for. The Chase Sapphire reserve has the best lost luggage and trip delay reimbursement, whereas the Southwest Rapid Rewards Plus card has some of the best airline benefits with travel insurance.

Does Credit Card Travel Insurance Work?

It does. However, that doesn’t mean that it works they way you think it does. Travel insurance is a very broad category, and coverage limits vary. But credit card companies do follow through on the contracts that ensure travel protection.

How Does Credit Card Travel Insurance Work?

That depends on your specific card. Each card has different limits and restrictions. For example, a card that offers lost luggage coverage will reimburse you if your luggage gets lost. Trip delay insurance covers costs caused by a delayed trip, and so on.

Which Credit Card has Best Travel Insurance?

That depends on what you’re looking for. The Chase Sapphire reserve is best for lost luggage and trip delay, whereas the Citi Prestige card offers medical evacuation up to $100,000 and up to $5,000 per traveler for trip cancellation or interruption.

How to Use Credit Card Travel Insurance?

Each card has their own policies on how to use travel insurance. For example, the Citi Prestige card applies coverage when you use ThankYou points or the card to pay for all or part of your travel. If you’re going to rely on your credit card travel insurance, then you should contact your issuing bank or credit card company to see what kind of situations your insurance applies to and ensure that you’ll be qualified for coverage.

What Does Credit Card Travel Insurance Cover?

Specific areas of coverage depend on your specific card. The four most common coverage areas are trip cancellation, lost/delayed luggage, trip delay and interruption, and travel accident insurance. Each of these types of insurance is helpful, but most credit cards don’t offer all of them.

How to Claim Travel Insurance from Credit Card?

You’ll need to check your specific credit card agreement to find out how to claim your travel insurance benefits. Each company has their own procedure for this, so there’s no single answer.

Is Credit Card Travel Insurance Enough?

For most people, yes. For example, even though most cards don’t offer medical evacuation coverage, you probably won’t need it unless you’re doing something like climbing Mount Everest. However, you should consider your plans on your trip and check them against your travel insurance policy to ensure you’re covered.

What Does My Credit Card Travel Insurance Cover?

You’ll need to check your credit card agreement to find out what your specific credit card travel insurance covers and to what limit it covers those things. The most likely thing for your credit card to cover is lost luggage. Many cards also cover delayed and canceled flights.

Does Credit Card Travel Insurance Cover Companions?

Some of them do. The Citi Prestige card offers up to $5,000 per traveler in your party if your trip is interrupted or canceled. Others will provide medical coverage for family members if they’re sick or injured overseas.

Which Credit Cards Have Medical Insurance for Traveling Abroad?

Citi Prestige, Chase Sapphire Reserve, American Express Platinum, Premier Rewards Gold from American Express, Capital One Platinum credit card, and others offer medical insurance. You should also check with your primary health insurance carrier so you can be confident you know all of your options.

Do Credit Cards Offer Travel Insurance for Air Tickets?

Many of them do. This is called trip cancellation or trip interruption insurance. It’s one of the most common insurance benefits that credit cards offer for travel. Be careful though, as some restrictions and conditions are likely to apply. There’s often a maximum coverage limit, and your credit card insurance may not cover the full cost of your tickets.

Is Credit Card Medical Travel Insurance Enough?

For most people yes. You’ll want to check your card policy and your planned activities to ensure you’re properly covered, especially if you’re planning on high-risk activities like extreme sports or traveling to dangerous areas.

Is Travel Insurance with Credit Cards Any Good?

That depends on your card and your needs. For most people the travel insurance they get from their credit card will be sufficient to cover their risks. However, we encourage you to check your policy against your planned activities.

Credit Cards With Travel Insurance

Travel Insurance for Specific Credit Cards

This section answers questions you have about travel insurance and specific credit cards. Use this information to pick the right card for you or make smart decisions about your travel insurance.

Does My Chase Credit Card Have Travel Insurance?

Most likely. Chase cards have some of the best travel insurance options out of all credit cards on the market. Any Chase Sapphire card has excellent travel benefits, and other Chase cards also offer travel insurance, but at lower coverage limits than the Sapphire line.

Does Bank of America Credit Card Have Travel Insurance?

Yes, Bank of America cards offer some combination of trip delay insurance, trip cancellation/interruption insurance, travel accident insurance, baggage delay/loss insurance, and rental car insurance. The best option from BoA for travel is the Travel Rewards or Premium rewards cards, which have the highest limits for coverage.

Does Visa Credit Card Cover Travel Insurance?

Many of them do. For example the Chase Freedom Visa Signature card has lots of travel insurance benefits. However, the plain Visa card does not. You’ll need to check with your contract or issuing bank for more information.

Does Tangerine Credit Card Have Travel Insurance?

Yes, Tangerine cards have travel medical insurance, trip cancellation and interruption insurance, and baggage insurance. The limits on these policies vary according to your specific agreement.

Does Capital One Credit Card Offer Travel Insurance?

Some of them do, but many of them do not. The Capital One Venture, Capital One QuicksilverOne, Capital One Platinum, Journey Student Rewards, and Capital One Secured Mastercard all offer travel accident insurance, but none of them offer lost or delayed luggage insurance.

Does Southwest Credit Card Have Travel Insurance?

Yes, the Southwest Rapid Rewards Premier card comes with automatic travel accident insurance and lost luggage reimbursement when you use your card to book your trip.

Does Wells Fargo Credit Card Offer Travel Insurance?

Wells Fargo cards offer trip cancellation insurance so long as the entire cost of the passenger fares are charged to the account while the insurance is effective. They also offer trip interruption insurance in most cases.

Does American Express Credit Card Have Travel Insurance?

Every American Express card has travel accident insurance. However, only the Platinum card, Premier Rewards Gold Card, American Express Gold Card, American Express Green Card, and Amex EveryDay Preferred Card offer lost luggage insurance.

Does My ANZ Credit Card Have Travel Insurance?

Yes, you can get unlimited overseas medical and dental coverage, coverage for false arrest, $3,000 for legal costs, $20,000 for luggage, personal effects, and travel documents, $10,000 for a missed transport connection, and several other benefits as well.

Does Cabela’s Credit Card Offer Travel Insurance?

Cabela’s credit card only offers travel insurance on specific Cabela’s Club packages that specify that travel insurance is offered as part of the event. It does offer rental car insurance though.

Does Tesco Credit Card include Travel Insurance?

Tesco offers worldwide annual family travel insurance that covers you and includes medical expenses, trip cancellation, and personal belongings. The coverage applies to all immediate family members under the age of 70.

Credit Cards With Travel Insurance

Does Citi Credit Cards Have Travel Insurance?

Yes they do, however you’ll  have to book your travel with your Citi card for it to apply. You can get trip cancellation and interruption protection, with your Citi credit card.

Does United Credit Card Have Travel Insurance?

The United Explorer credit card by Chase offers baggage delay insurance, lost luggage reimbursement up to $3,000 per passenger, trip delay reimbursement up to $500 per ticket, trip cancellation and interruption up to $1,500 per person and $6,000 per trip, and trip accident insurance of up to $500,000 for death or dismemberment while traveling.

Does Virgin Credit Card Include Travel Insurance?

The Virgin High Flyer card offers international travel insurance transit accident insurance, and interstate flight inconvenience insurance. The Virgin Australia Velocity Flyer card offers all of those except for international travel insurance and interstate flight inconvenience coverage.

Does BofA Credit Card Offer Travel Insurance?

Yes. Depending on your card, you’ll have some combination of trip delay insurance, trip cancellation/interruption insurance, travel accident insurance, baggage delay/loss insurance, and rental car insurance. Check your specific policy for more information.

Does My CBA Credit Card Have Travel Insurance?

CommBank cards cover overseas medical for the cardholder and family, cancellation costs, travel services provider insolvency, resumption of journey, accidental death, loss of income, travel documents, transaction cards, traveller’s checques, and cash, baggage and personal goods, baggage delay and travel delay coverage.

How to Activate NAB Credit Card Travel Insurance?

You can activate your cover by writing [email protected]. That is the number for NAB’s insurance provider, QBE.

Does American Airlines Credit Card Have Travel Insurance?

Yes, The American Airlines credit card will give you lost baggage coverage up to $3,000 per person, trip cancellation and interruption insurance up to $5,000, and baggage delay protection up to $500.

Does Santander Credit Card include Travel Insurance?

No, but you do get a 20% online discount on a separate Santander travel insurance policy. The policy is provided by Chubb European Group Limited.

Does My Nationwide Credit Card Have Travel Insurance?

Yes, but you need to be a FlexAccount customer that activated your coverage by a certain date in order to qualify. You should call Nationwide to clarify the status of your travel insurance coverage.

Does Woolworths Credit Card Have Travel Insurance?

It does. The Woolworth’s card offers up to $1,000,000 for overseas medical emergencies. It also allows for $3,500 for cameras in lost baggage. Finally, you can get the total cost of return flights covered if you have a Woolworths Money Qantas Platinum credit card.

Does HSBC Credit Card Cover Travel Insurance?

It does. Platinum and Premier credit cards cover you and your family’s emergency medical and dental costs, lost personal items, and up to 4 months of travel delays so long as you charge at least 90% of your travel tick to the eligible HSBC card.

Does MBNA Credit Card Have Travel Insurance?

Yes, the World/Word Elite, Platinum, Gold, and Preferred cards all over travel insurance. They all cover lost document and ticket replacement, lost luggage, pre-trip information, and legal assistance. The World/World Elite, Platinum, and Gold cards also offer unexpected return home, rental vehicle accidental death and dismemberment, and personal effects coverage. The preferred card only offers common carrier accidental death and dismemberment protection.

Does TCF Credit Card Have Travel Insurance?

TCF offers travel accident insurance and lost luggage replacement insurance. The travel accident insurance has $100,000 in protection and the lost luggage limit is $3,000. You must charge the full price of your travel tickets to the card for coverage to apply.

Does My CIBC Credit Card Have Travel Insurance?

Yes, it will partially reimburse you for lost luggage and eligible expenses that comes from delayed flights or interruption of your trip. It also offers rental car collision and damage insurance.

Do Marriott Credit Cards Offer Travel Insurance?

It does. You get up to $3,000 for lost luggage insurance, $5,000 per trip for non-refundable travel expenses for trip cancellation and interruption, and $500 per ticket for trip delays. Additionally, you can get legal and medical referrals for international travel.

How Do I Get Travel Insurance with Amazon Credit Card?

The Amazon Prime Rewards Visa comes with Travel and emergency assistance, lost luggage reimbursement, baggage delay insurance, and travel accident insurance. The specific limits on this coverage depends on your account.

Does My NatWest Credit Card Have Travel Insurance?

NatWest doesn’t currently have any credit cards that offer travel insurance, but they do have some current accounts which do have travel insurance but are subject to their own fees. They recommend purchasing a separate travel insurance policy.

Michelle Brooks

Michelle Brooks

Financial Advisor - Best.CreditCard

Michelle is part of our expert team of financial advisors with a proven track record in the credit card industry. After graduating with an Economics Degree focusing on Personal Finance, she got involved with several credit and debt counseling startups.