Which Credit Cards Offer Travel Insurance?
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What is the most valuable tool a traveler can carry? It could be a trusty carry-on suitcase, a high-capacity portable device charger, or just a small emergency sewing kit. But actually, the right credit card can come in extremely handy when you are traveling. Many credit cards offer valuable travel insurance policies that can reimburse you for trip delays and interruptions, and for lost or delayed baggage.
Here are three of the top credit cards that offer the best travel insurance policies:
New customers earn 40,000 bonus miles, worth $400 in travel statement credits, after making $3,000 in purchases within three months of account opening. You earn double miles on all purchases, and miles are worth one cent each as statement credits toward travel expenses. As a World Elite MasterCard, you also receive access to numerous travel and shopping discounts, as well as elite status with several car rental companies. There is a $59 annual fee for this card that is waived the first year, and like all Capital One cards, no foreign transaction fees.
Other features include one Membership Rewards point per dollar spent, and 1.5x points for purchases of over $5,000. Double points are received for reservations made through the American Express travel web site. You also receive a 50% points bonus when you redeem your Membership Rewards points for airfare from American Express travel services. Benefits include a $200 annual airline fee credit, and a $100 credit toward the application fee for the Global Entry program, which includes TSA Pre-Check. You also receive airport business lounge access to the Delta SkyClubs, Priority Pass Select network, and the American Express Centurion clubs. There is a $450 annual fee for this card, and no foreign transaction fees.
This card offers 3x points for all air travel and hotel purchases, 2x points for dining and entertainment charges, and one point per dollar spent elsewhere. Points are earned in Citi’s ThankYou rewards program, which can be redeemed for travel reservations, gift cards and merchandise. Alternatively, you can transfer your points to airline miles or hotel points. Another valuable benefit is a fourth night free when you book three consecutive hotel nights through Citi’s travel agency. There is a $450 annual fee for this card, and no foreign transaction fees.