credit cards

7 ways your credit card can boost travel

Check the insurance
Check the insurance

Traveling without insurance can be risky, but what many cardholders may not realize is they probably already have some coverage through their credit card.

"Consumers should spend time learning about any insurance options on their cards," says Kelly Passey, an executive vice president at Access Development, a firm based in Salt Lake City that sets up merchant loyalty and reward programs.

"Certain cards will have travel accident, foreign medical emergency coverage, purchase protection and extended warranty built in, but typically those types of services are only available for platinum card holders or with an extra fee for regular card holders," she says.

According to Passey, these services aren't likely to replace a cardholder's regular insurance coverage but may help fill in gaps, such as lost baggage reimbursement.

advertisement

Show Bankrate's community sharing policy
          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.71%  0.01 15.70%
Cash Back Cards 16.36% --0.00 16.36%
Low Interest Cards 10.91% --0.00 10.91%
 
Search
advertisement
CREDIT CARD WEEKLY NEWSLETTER

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.

advertisement

Blog

Allison Ross

BofA to pay $772 million over credit cards

Bank of America is refunding about $738 million to customers in addition to $45 million in penalties.  ... Read more

Partner Center
advertisement

Connect with us