Best credit cards for travel insurance

1
ArtMarie / E+ / Getty Images
Bankrate Logo

Why you can trust Bankrate

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page.

Credit cards with travel insurance can help protect you from financial losses when your luggage is lost or stolen, your trip is canceled for reasons beyond your control, or someone vandalizes your rental car.

Amazingly, credit cards that come with travel insurance offer this extra protection on a complimentary basis. When you have one of the top rewards credit cards with travel insurance, you can enjoy these added perks for free.

If you’re curious about credit card travel insurance and how you can get it, read on to learn more. In this guide, we’ll explain:

What does your travel insurance cover?

The travel insurance benefits you’ll get with a rewards card can vary dramatically, though it shouldn’t surprise you that premium travel credit cards tend to offer the broadest coverage.

Types of coverage you may get with the best credit cards for travel insurance include the following:

  • Trip cancellation and interruption insurance: Can cover financial losses if your trip is canceled or interrupted for a covered reason, such as accidental loss of life or severe weather.
  • Auto rental coverage: Allows you to gain some protection when you pay for your rental car with your credit card; coverage can be primary or secondary.
  • Baggage delay insurance: Provides reimbursement for incidental expenses (up to certain limits) when your baggage is delayed by a common carrier.
  • Trip delay insurance: Provides reimbursement when your trip is delayed, and you are forced to pay for incidental expenses like meals or an overnight stay.
  • Lost luggage reimbursement: Gives you cash reimbursement when your luggage is lost by a common carrier.
  • Roadside assistance: Grants you access to a hotline where you can call in for help with a flat tire, car problems and more.
  • Travel and emergency assistance: Grants you access to an emergency hotline when you run into complex problems and need medical or legal referrals or other emergency help.
  • Travel accident insurance: Provides financial assistance if you are accidentally killed or dismembered during a covered trip.
  • Emergency evacuation and transportation coverage: Covers the cost of emergency transportation and evacuation if you become injured or sick during a covered trip.
  • Emergency medical and dental coverage: Provides coverage for some emergency medical and dental care if you require it during a covered trip.

Bankrate’s picks: The best credit cards for travel insurance

If you’re hoping to get travel insurance as a cardholder perk, the following rewards credit cards with travel insurance should be at the top of your list.

Chase Sapphire Reserve®

Best for luxury travel

  • Trip cancellation/interruption insurance: up to $10,000 per person and $20,000 per trip
  • Primary auto rental coverage: up to $75,000 for theft or collision damage
  • Baggage delay insurance: up to $100 per day for five days
  • Trip delay reimbursement: up to $500 per ticket
  • Roadside assistance: up to $50 per incident up to four times per year
  • Lost luggage reimbursement: 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 benefit: up to $2,500 when you’re at least 100 miles from home

Learn more about the benefits of this card in our full review of the Chase Sapphire Reserve.

The Platinum Card® from American Express

Runner-up for luxury travel

  • Global Assist Hotline: available when you’re at least 100 miles from home
  • Trip cancellation and interruption insurance: up to $10,000 per trip and up to $20,000 per eligible card every 12 months
  • Trip delay insurance: up to $500 per covered trip (maximum of two claims every 12 months)
  • Baggage insurance: up to $3,000 per passenger for carry-on luggage and up to $2,000 per person for checked baggage
  • Secondary auto rental coverage: up to $75,000 on rental periods of 30 consecutive days or less

Learn more about the benefits of this card in our full review of The Platinum Card from American Express.

Chase Sapphire Preferred® Card

Best for budget travel

  • Trip cancellation and interruption insurance: up to $10,000 per person and $20,000 per trip
  • Primary auto rental coverage for damage or collision: up to the cash value of the vehicle on rental periods of 31 consecutive days or less
  • Baggage delay insurance: up to $100 per day for up to five days
  • Trip delay reimbursement: up to $500 per ticket
  • Roadside dispatch
  • Lost luggage reimbursement: up to $3,000 per passenger
  • Travel and emergency assistance
  • Travel accident insurance: up to $1 million

Learn more about the benefits of this card in our full review of the Chase Sapphire Preferred.

Capital One Venture X Rewards Credit Card

Best for everyday use

  • Trip cancellation and interruption coverage: up to $2,000 per insured person
  • Trip delay reimbursement: up to $500 for each purchased ticket
  • Auto rental collision damage for theft or collision: up to the vehicle’s actual cash value of $75,000
  • Lost luggage insurance: up to $2,000 per bag and $3,000 per trip
  • Travel and emergency assistance services
  • Travel accident insurance: up to $1 million per person

Learn more about the benefits of this card in our full review of the Capital One Venture X Rewards Credit Card.

Ink Business Preferred® Credit Card

Best for small businesses

  • Trip cancellation/interruption insurance: up to $5,000 per person and $10,000 per covered trip
  • Travel and emergency assistance services
  • Roadside dispatch
  • Primary rental car coverage: up to the cash value of the vehicle when you rent a car for business purposes

Learn more about the benefits of this card in our full review of the Ink Business Preferred Credit Card.

Choosing a credit card with travel insurance

If you’re shopping around for a travel credit card that comes with travel insurance, take note of other features such as rewards and fees. That way, you’ll wind up with a card that works well when you travel while still providing plenty of value at home.

Here are some tips to consider as you choose among the top credit card offers:

Step 1: Decide which travel protections you need the most. First, it can help to decide which travel insurance benefits you care the most about. While some consumers may only need primary rental car coverage or trip cancellation and interruption insurance, think about whether you would use other benefits like baggage insurance or roadside assistance.

Step 2: Read through terms and conditions. In addition to deciding which travel protections, you’re likely to use, pay attention to coverage limits and exclusions. For example, some travel cards offer only auto rental coverage for certain rental periods or within certain countries. Other benefits come with low limits that won’t provide much protection.

Step 3: Compare rewards programs. Next, think about the types of rewards you want to earn with your credit card—whether you prefer to rack up cash back, earn points you can transfer to airline or hotel programs or get flexible rewards you can redeem in more than one way. Be sure any card you’re considering offers a rewards scheme that makes sense for your spending style.

Step 4: Weigh the perks of cards that charge annual fees. Finally, keep in mind that the best credit cards with travel insurance tend to charge annual fees and that the cards with the most robust coverage options charge fees of $500 or more. While paying the high fee on a travel credit card could be well worth it, you may be able to get basic travel protections for less (or even with no annual fee) if you take the time to compare all your options.

The bottom line

If you’re angling for a credit card with travel insurance, any of the rewards credit cards we profiled on this page should fit the bill. But be sure to compare based on other features such as rewards and fees.

Travel insurance benefits can be well worth paying a credit card’s annual fee, but don’t overpay for the protections you want the most.

Written by
Holly D. Johnson
Author, Award-Winning Writer
Holly Johnson writes expert content on personal finance, credit cards, loyalty and insurance topics. In addition to writing for Bankrate and CreditCards.com, Johnson does ongoing work for clients that include CNN, Forbes Advisor, LendingTree, Time Magazine and more.
Edited by
Editor