The 9 best credit cards with travel insurance

By
Katie Genter
Updated
Nov 15, 2021
This page is a marketplace where our partners can highlight their current card offers. The reviews and insights represented are editorial, but the order in which cards appear on the page may be influenced by compensation we may receive from our partners.

Travel insurance can save you a lot of money if something goes wrong on a trip. Luckily, some of the top travel rewards cards offer travel insurance when you pay for travel with your card. See the best credit cards for travel insurance from our partners below.

Best overall card
TPG Editor's Rating tooltip icon
4.5/5
1 - 10X points
more info
  • 10X Earn 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards®.
  • 5X Earn 5X total points on air travel through Chase Ultimate Rewards®.
  • 3X Earn 3X points on other travel and dining.
  • 1X Earn 1 point per $1 spent on all other purchases
50,000 points
details
Intro Offer tooltip icon
50,000 points
$550

Why we chose it

The Chase Sapphire Reserve is one of our top premium travel cards. With a $300 travel credit, generous 3x on dining and travel purchases and other benefits, you can get excellent value that far exceeds the annual fee on the card.

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards transfer partners: 10 airline and three hotel programs
  • Unlimited 3x on the broad category of travel and dining
  • 50% more value when you redeem your points for travel directly through Chase Ultimate Reward

Cons

  • Steep initial $550 annual fee
  • May not make sense for people that don't travel frequently
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Pros

  • $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
  • Access to Chase Ultimate Rewards transfer partners: 10 airline and three hotel programs
  • Unlimited 3x on the broad category of travel and dining
  • 50% more value when you redeem your points for travel directly through Chase Ultimate Reward

Cons

  • Steep initial $550 annual fee
  • May not make sense for people that don't travel frequently
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • Earn 5X total points on air travel and 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3X points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself Back℠, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
Best sub-$100 annual fee card
TPG Editor's Rating tooltip icon
4.5/5
2 - 5X points
more info
  • 5X Earn 5X points on travel purchased through Chase Ultimate Rewards®.
  • 3X Earn 3X points on dining.
  • 2X Earn 2X points on all other travel purchases, plus more.
60,000 points
details
Intro Offer tooltip icon
60,000 points
$95

Why we chose it

The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. Cardholders can redeem points at 1.25 cents each for travel booked through Chase or transfer points to one of Chase’s 14 valuable airline and hotel partners.

Pros

  • You’ll earn 2x Ultimate Rewards points on travel and 3x Ultimate Rewards points dining including eligible delivery services and takeout.
  • The current welcome bonus on this card is quite generous. TPG values it at $1,200.
  • Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.

Cons

  • The card comes with a $95 annual fee.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

Pros

  • You’ll earn 2x Ultimate Rewards points on travel and 3x Ultimate Rewards points dining including eligible delivery services and takeout.
  • The current welcome bonus on this card is quite generous. TPG values it at $1,200.
  • Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.

Cons

  • The card comes with a $95 annual fee.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
TPG Editor's Rating tooltip icon
4.5/5
1 - 3X points
more info
  • 3X Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • 1X Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn
100,000 points
details
Intro Offer tooltip icon
100,000 points
$95

Why we chose it

The Ink Business Preferred Credit Card’s sign-up bonus is among the highest we’ve seen from Chase. Plus earn points across the four bonus categories (travel, shipping, advertising and telecommunication providers) that are most popular with businesses. The card comes with travel protections, shopping protections and will also have primary coverage when renting a car for business purposes for you and your employees.

Pros

  • One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $15,000 worth of spend in the first three months after card opening
  • Access to the Chase Ultimate Rewards portal for points redemption
  • Reasonable $95 annual fee
  • Bonus categories that are most relevant to business owners: primary car insurance, and perks including cellphone and purchase protection, extended warranty, trip cancellation/interruption insurance, and trip delay reimbursement;

Cons

  • High spending needed to get 100,000-point sign-up bonus
  • No travel perks
  • Subject to Chase's 5/24 rule on card applications
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

Pros

  • One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $15,000 worth of spend in the first three months after card opening
  • Access to the Chase Ultimate Rewards portal for points redemption
  • Reasonable $95 annual fee
  • Bonus categories that are most relevant to business owners: primary car insurance, and perks including cellphone and purchase protection, extended warranty, trip cancellation/interruption insurance, and trip delay reimbursement;

Cons

  • High spending needed to get 100,000-point sign-up bonus
  • No travel perks
  • Subject to Chase's 5/24 rule on card applications
  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Terms & restrictions apply. See rates & fees
Best for flights booked directly with airlines or with Amex Travel
TPG Editor's Rating tooltip icon
4.5/5
5 - 10X points
more info
  • 10X Earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • 5X Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.
  • 5X Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
100,000 points
details
Intro Offer tooltip icon
100,000 points
$695

Why we chose it

The Amex Platinum is unmatched when it comes to travel perks and benefits. If lounge access, hotel elite status and annual statement credits are important to you, this card is well worth the high annual fee.

Pros

  • The current welcome bonus on this card is quite lucrative. TPG values it at $2,000, not including any points you may earn from the temporary 10x bonus categories
  • This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and at least $500 in assorted annual statement credits and so much more (enrollment required)
  • The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway

Cons

  • The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost
  • Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
  • The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • The current welcome bonus on this card is quite lucrative. TPG values it at $2,000, not including any points you may earn from the temporary 10x bonus categories
  • This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and at least $500 in assorted annual statement credits and so much more (enrollment required)
  • The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway

Cons

  • The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost
  • Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
  • The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.
  • American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees
Terms & restrictions apply. See rates & fees
Best for business travel booked with Amex Travel
TPG Editor's Rating tooltip icon
4/5
1.5 - 5X points
more info
  • 5X Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • 1.5X Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
120,000 points
details
Intro Offer tooltip icon
120,000 points
$595 (10/14-1/12/22)

Why we chose it

The Business Platinum Card from American Express is a great card for frequent travelers looking to add a touch of luxury to their business trips. While the card does come with a high annual fee, you’re also getting a ton of valuable benefits in return. They include generous annual travel credits, unparalleled lounge access that includes Amex Centurion Lounges and more.

Pros

  • Up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep $595 annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high bonus categories outside of travel
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
  • $595 Annual Fee ($695 if application is received on or after 01/13/2022).
  • Terms Apply.
  • See Rates & Fees

Pros

  • Up to $100 credit for Global Entry or TSA PreCheck application fee every four to five years
  • Up to $400 annual credit for eligible U.S. Dell purchases (enrollment required)
  • Gold status at Marriott and Hilton hotels (enrollment required)
  • Access to the Fine Hotels & Resorts program and Hotel Collection
  • Extended warranty protection
  • International Airline Program and Cruise Privileges Program

Cons

  • Steep $595 annual fee
  • Difficulty meeting $15,000 welcome offer for smaller businesses
  • Limited high bonus categories outside of travel
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
  • $595 Annual Fee ($695 if application is received on or after 01/13/2022).
  • Terms Apply.
  • See Rates & Fees
Terms & restrictions apply. See rates & fees
TPG Editor's Rating tooltip icon
3.5/5
1 - 3X points
more info
  • 3X Earn 3X Miles on Delta purchases.
  • 1X Earn 1X Mile on all other eligible purchases.
50,000 miles
details
Intro Offer tooltip icon
50,000 miles
$550

Why we chose it

The Delta SkyMiles Reserve American Express Card is the premier choice for Delta loyalists who value an accelerated path to elite status, Delta SkyClubs lounge access, an annual companion certificate and strong earning rates on Delta purchases.

Pros

  • MQD waiver each year that you spend $25,000 on the card
  • $100 statement credit for Global Entry/TSA PreCheck
  • Delta SkyClub access when flying Delta

Cons

  • High annual fee of $550
  • Lower fee Delta cobranded cards offer superior earning categories
  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • MQD waiver each year that you spend $25,000 on the card
  • $100 statement credit for Global Entry/TSA PreCheck
  • Delta SkyClub access when flying Delta

Cons

  • High annual fee of $550
  • Lower fee Delta cobranded cards offer superior earning categories
  • Earn 50,000 Bonus Miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 60,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $30,000 in purchases on your Card in a calendar year, you can earn 15,000 MQMs four times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Receive a Domestic First Class, Delta Comfort+® or Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government-imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Complimentary access into the Delta Sky Club® for you when travelling on a Delta flight.
  • Enjoy complimentary access to The Centurion® Lounge or Escape Lounge – The Centurion® Studio Partner when you book a Delta flight with your Reserve Card.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy your first checked bag free on Delta flights.
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
  • No Foreign Transaction Fees.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Best for Bank of America Preferred Rewards members
TPG Editor's Rating tooltip icon
3.5/5
1.5 - 2X points
more info
  • 2X Earn unlimited 2 points for every $1 spent on travel and dining purchases
  • 1.5X Unlimited 1.5 points per $1 spent on all other purchases
50,000 points
details
Intro Offer tooltip icon
50,000 points
$95

Why we chose it

The Bank of America Premium Rewards card is great for using the points earned for rewards that normal airline miles or credit card points can’t cover. Bank of America Preferred Rewards members get a 25%-75% rewards bonus on every purchase. New cardmembers earn a 50,000-point sign-up bonus after spending $3,000 in the first 90 days of account opening.

Pros

  • This card is more valuable for Bank of America Preferred Rewards members, who can get between a 25% and 75% bonus on points earned
  • Comes with up to $100 in airline incidental statement credits annually and up to $100 Global Entry/TSA Pre✓® statement credit and travel protections
  • Can transfer points earned into a 529 college fund

Cons

  • Other cards offer higher points for key bonus categories
  • Must open a Bank of America account to get the best value for points
  • Receive 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase. That means you could earn up to 3.5 points for every $1 spent on travel and dining purchases.
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $100 in Airline Incidental Statement Credits annually and TSA Pre✓®/Global Entry Statement Credits of up to $100, every four years
  • No Foreign Transaction Fees
  • Low $95 annual fee
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Pros

  • This card is more valuable for Bank of America Preferred Rewards members, who can get between a 25% and 75% bonus on points earned
  • Comes with up to $100 in airline incidental statement credits annually and up to $100 Global Entry/TSA Pre✓® statement credit and travel protections
  • Can transfer points earned into a 529 college fund

Cons

  • Other cards offer higher points for key bonus categories
  • Must open a Bank of America account to get the best value for points
  • Receive 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase. That means you could earn up to 3.5 points for every $1 spent on travel and dining purchases.
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $100 in Airline Incidental Statement Credits annually and TSA Pre✓®/Global Entry Statement Credits of up to $100, every four years
  • No Foreign Transaction Fees
  • Low $95 annual fee
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Best credit cards with travel insurance

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Card Best for Welcome Offer/Sign Up Bonus Earning Rate Annual Fee
Chase Sapphire Reserve® Best overall card 50,000 points
  • Earn 10X total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards®.
  • Earn 5X total points on air travel through Chase Ultimate Rewards®.
  • Earn 3X points on other travel and dining.
  • Earn 1 point per $1 spent on all other purchases
$550
Chase Sapphire Preferred® Card Best sub-$100 annual fee card 60,000 points
  • Earn 5X points on travel purchased through Chase Ultimate Rewards®.
  • Earn 3X points on dining.
  • Earn 2X points on all other travel purchases, plus more.
$95
Ink Business Preferred® Credit Card Best business card 100,000 points
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases – with no limit to the amount you can earn
$95
The Platinum Card® from American Express Best for United loyalists 100,000 points
  • Earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.
  • Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
$695
The Business Platinum Card® from American Express Best for flights booked directly with airlines or with Amex Travel 120,000 points
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
$595 (10/14-1/12/22)
Delta SkyMiles® Reserve American Express Card Best for business travel booked with Amex Travel 50,000 miles
  • Earn 3X Miles on Delta purchases.
  • Earn 1X Mile on all other eligible purchases.
$550
Bank of America® Premium Rewards® credit card Best for Delta loyalists 50,000 points
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases
  • Unlimited 1.5 points per $1 spent on all other purchases
$95

Types of travel insurance you can get from a credit card

Many of the best travel rewards cards offer travel insurance when you use your card to purchase travel. Although some cards will provide coverage even if you only pay taxes and fees on an award ticket, some cards require you to pay for your entire trip with the card. See the links below for more information on the types of travel insurance offered by select cards and the best cards for each kind of insurance:

As you’ll notice in this guide, the types and levels of protection vary significantly across credit cards. And most protections have exclusions or limitations. So be sure to read the guide to benefits on your card before assuming something or someone will be covered.

Related: TPG’s comprehensive guide to independent travel insurance — including coronavirus coverage

Now let’s take a closer look at each card to determine how you can use these perks when things go wrong on a trip.

Chase Sapphire Reserve

Chase Sapphire Reserve (Photo by Wyatt Smith/The Points Guy)
(Photo by Wyatt Smith/The Points Guy)

Sign-up bonus: Earn 50,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first three months from account opening. Based on TPG’s valuations, this bonus is worth $1,000.

Rewards: 10x on Lyft rides through March 2022; 3x on dining and travel; 1x on everything else

Travel insurance:

  • Baggage delay: Up to $100 reimbursed per day for up to five days if a passenger carrier delays your baggage more than six hours
  • Lost/damaged baggage: Up to $3,000 per passenger per trip, but only up to $500 per passenger for jewelry and watches and up to $500 per passenger for cameras and other electronic equipment
  • Trip delay reimbursement: Up to $500 per ticket if you’re delayed more than six hours or require an overnight stay
  • Trip cancellation and interruption protection: Up to $10,000 per person and $20,000 per trip for pre-paid, non-refundable travel expenses
  • Medical evacuation benefit: Up to $100,000 for necessary emergency evacuation and transportation when on a trip of five to 60 days and traveling more than 100 miles from home (100-mile requirement waived for New York residents)
  • Travel accident insurance: Accidental death or dismemberment coverage of up to $100,000 (up to $1,000,000 for common carrier travel)
  • Emergency medical and dental benefit: Up to $2,500 for medical expenses (subject to a $50 deductible) when on a trip arranged by a travel agency and traveling more than 100 miles from home (100-mile requirement waived for New York residents)
  • Rental car coveragePrimary coverage for damages caused by theft or collision up to $75,000 on rentals of 31 days or less

Annual fee: $550 ($75 for each authorized user)

The Chase Sapphire Reserve offers 3 Chase Ultimate Rewards points per dollar on all travel purchases. Due to its 6% return and excellent travel protections, the Chase Sapphire Reserve is my go-to card for travel expenses. Plus, the Chase Sapphire Reserve provides protections on award tickets even when I only charge the award’s taxes and fees to the card.

To learn more, check out the full Chase Sapphire Reserve credit card review and guide to benefits. If you decide to apply, here’s the official application link: Chase Sapphire Reserve.

Related: The power of the Chase Trifecta: Sapphire Reserve, Ink Preferred and Freedom Unlimited

Chase Sapphire Preferred Card

Sign-up bonus: Earn 60,000 Chase Ultimate Rewards points after you spend $4,000 on purchases in the first three months from account opening.  Based on TPG’s valuations, this bonus is worth $1,200.

Rewards: 5x total points on all travel purchased through Chase Ultimate Rewards, 3x points on dining, including eligible delivery services, takeout and dining out, 3x points on select streaming services, 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs), 2x points on all other travel, 1x point on all other purchases

Travel insurance:

  • Baggage delay: Up to $100 reimbursed per day for up to five days if a common carrier delays your baggage more than six hours
  • Lost/damaged baggage: Up to $3,000 per passenger per trip, but only up to $500 per passenger for jewelry and watches and up to $500 per passenger for cameras and other electronic equipment
  • Trip delay reimbursement: Up to $500 per ticket if you’re delayed more than 12 hours or require an overnight stay
  • Trip cancellation and interruption protection: Up to $10,000 per person and $20,000 per trip for pre-paid, non-refundable travel expenses
  • Travel accident insurance: Accidental death or dismemberment coverage of up to $100,000 (up to $500,000 for common carrier travel)
  • Rental car coveragePrimary coverage for damages caused by theft or collision up to the actual cash value of most rented cars on rentals of 31 days or less

Annual fee: $95

The Chase Sapphire Preferred is one of the best travel rewards credit cards for the average traveler. Although a 4% return on travel purchases (not booked through the Chase portal) isn’t fantastic, it’s still respectable considering the card’s modest $95 annual fee and travel protections. As with the Chase Sapphire Reserve, you’ll get coverage on award tickets even when you only use your Chase Sapphire Preferred to pay the taxes and fees.

To learn more, check out our Chase Sapphire Preferred review and the complete guide to benefits. And here’s the official application link: Chase Sapphire Preferred Card.

Related: Five reasons why the Chase Sapphire Preferred should be your first card

Ink Business Preferred Credit Card

Sign-up bonus: Earn 100,000 Chase Ultimate Rewards points after you spend $15,000 on purchases in the first three months from account opening. Based on TPG’s valuations, this bonus is worth $2,000.

Rewards: 3x on the first $150,000 spent each account year in combined purchases on travel, shipping purchases, internet, cable and phone services and advertising purchases with social media sites and search engines; 1x on everything else

Travel insurance:

  • Baggage delay: Up to $100 reimbursed per day for up to five days if a common carrier delays your baggage more than six hours
  • Lost/damaged baggage: Up to $3,000 per passenger per trip, but only up to $500 per passenger for jewelry and watches and up to $500 per passenger for cameras and other electronic equipment
  • Trip delay reimbursement: Up to $500 per ticket if you’re delayed more than 12 hours or require an overnight stay
  • Trip cancellation and interruption protection: Up to $5,000 per person and $10,000 per trip for pre-paid, non-refundable travel expenses
  • Travel accident insurance: Accidental death or dismemberment coverage of up to $100,000 (up to $500,000 for common carrier travel)
  • Rental car coverage: Primary coverage (except when renting for personal reasons in your country of residence, in which case coverage is secondary) for damages caused by theft or collision up to the actual cash value of most rented cars on rentals of 31 days or less

Annual fee: $95

The Ink Business Preferred is one of the best business travel rewards cards on the market. It earns a 6% return on the first $150,000 spent in select categories, which is excellent considering the card’s $95 annual fee and travel protections. As with other Chase cards, you’ll be protected on award tickets as long as you use your Ink Business Preferred to pay the taxes and fees.

To learn more, check out the full Ink Business Preferred Credit Card review. And here’s the official application link: Ink Business Preferred Credit Card.

Related: Five reasons to get the Chase Ink Business Preferred credit card

United Club Infinite Card

United Club Infinite Card (Photo by Eric Helgas/The Points Guy)
(Photo by Eric Helgas/The Points Guy)

Sign-up bonus: Earn 100,000 bonus miles after you spend $5,000 on purchases in the first three months from account opening. Based on TPG’s valuations, this bonus is worth $1,300.

Rewards: 4x on purchases with United; 2x at restaurants (including eligible delivery services), and on other travel; 1x on everything else

Travel insurance:

  • Baggage delay: Up to $100 reimbursed per day for up to three days if a common carrier delays your baggage more than six hours
  • Lost/damaged baggage: Up to $3,000 per passenger per trip, but only up to $500 per passenger for jewelry and watches and up to $500 per passenger for cameras and other electronic equipment
  • Trip delay reimbursement: Up to $500 per ticket if you’re delayed more than 12 hours or require an overnight stay
  • Trip cancellation and interruption protection: Up to $10,000 per person and $20,000 per trip for pre-paid, non-refundable travel expenses
  • Rental car coverage: Primary coverage for damages caused by theft or collision up to the actual cash value of most rented cars on rentals of 31 days or less

Annual fee: $525

The United Club Infinite Card provides decent travel protections, a 5.2% return on purchases with United and a United Club membership. But, its 2.6% return on other travel purchases and 1.3% return on all other purchases means you’ll earn rewards slowly. As with other Chase-issued cards, you’ll be protected on award tickets even when you only use your United Club Infinite Card to pay the taxes and fees.

To learn more, check out the full United Club Infinite Card review. And here’s the official application link: United Club Infinite Card.

Related: Best ways to use the United Club Infinite Card

The Platinum Card from American Express

American Express Platinum_Montreal
(Photo by Isabelle Raphael/The Points Guy)

Welcome offer: Earn 100,000 bonus points after you spend $6,000 on purchases on the card in the first six months of card membership. Plus, earn 10x points on eligible purchases on the card at restaurants worldwide and when you “Shop Small” in the U.S., on up to $25,000 in combined purchases, during the first six months of card membership. Based on TPG’s valuations, the 100,000-point bonus is worth $2,000. However, you may be able to snag a targeted 125,000-point offer through the CardMatch tool (offer subject to change at any time).

Rewards: 5x on flights booked directly with airlines or with Amex Travel (on up to $500,000 per calendar year); 5x on prepaid hotels booked with Amex Travel; 1x on other purchases

Travel insurance:

  • Lost/damaged baggage: Up to $3,000 per traveler for carry-on baggage and up to $2,000 per traveler for checked baggage, but only $1,000 per traveler for high-risk items. Note that you must pay the entire fare with your card (including Pay with Points).
  • Trip delay reimbursement: Up to $500 per covered trip and up to two claims per 12-month period per card if a common carrier delays you by more than six hours. Coverage only provided on round-trip travel purchased entirely with an eligible card (paying taxes and fees on award tickets or Pay with Points tickets is covered).
  • Trip cancellation and interruption protection: Up to $10,000 per covered trip and $20,000 per eligible card per 12-month period for prepaid, non-refundable travel expenses. Coverage only provided on round-trip travel purchased entirely with an eligible card (paying taxes and fees on award tickets or Pay with Points tickets is covered).
  • Rental car coverage: Get secondary coverage of up to $75,000 for damages caused by theft or collision on rentals of 30 days or less when you pay for the entire rental with an eligible card (including Pay with Points). You can pay per rental to upgrade to primary coverage through the American Express Premium Car Rental Protection program.
  • Emergency medical transportation: At no cost if the Premium Global Assist Hotline medical department determines it is medically necessary and advisable due to inadequate local facilities. You must be traveling more than 100 miles from home on a trip of 90 days or less.

Annual fee: $695 ($175 for up to three additional Platinum cards, then $175 for each additional Platinum card after the first three; see rates and fees)

The Amex Platinum provides an impressive 5x on flights booked directly with airlines or through Amex Travel (up to $500,000 per calendar year). It also offers 5x for prepaid hotels booked through Amex Travel. So, using TPG’s latest valuations, you’ll get a 10% return on these purchases. But even with a 10% return on select airfare purchases, I still don’t use the Amex Platinum to book flights. Instead, I use the Amex Platinum primarily as a membership card since the Chase Sapphire Reserve’s travel protections provide better coverage for my travel style.

To learn more, check out our Platinum Card from American Express card review and take a look at the terms and conditions of each benefit. Here’s the official application link: The Platinum Card from American Express. But, you may also want to check the CardMatch Tool to see if Amex has targeted you for a different offer. However, CardMatch offers are subject to change at any time.

Related: Comparing built-in travel insurance with the Chase Sapphire Reserve and Amex Platinum

The Business Platinum Card from American Express

Welcome offer: Earn 120,000 Membership Rewards points after you spend $15,000 on eligible purchases with your card within the first three months of card membership. Based on TPG’s valuations, the 120,000-point bonus is worth $2,400.

Rewards: 5x on flights and prepaid hotels booked through Amex Travel; 1.5x on each eligible purchase  in select business categories ,as well as on each purchase of $5,000 or more (up to two million per calendar year); 1x on other eligible purchases

Travel insurance:

  • Lost/damaged baggage: Up to $3,000 per traveler for carry-on baggage and up to $2,000 per traveler for checked baggage, but only $1,000 per traveler for high-risk items. Note that you must pay the entire fare with your card (including Pay with Points).
  • Trip delay reimbursement: Up to $500 per covered trip and up to two claims per 12-month period per card if a common carrier delays you more than six hours. Coverage only provided on round-trip travel purchased entirely with an eligible card (paying taxes and fees on award tickets or Pay with Points tickets is covered).
  • Trip cancellation and interruption protection: Up to $10,000 per covered trip and $20,000 per eligible card per 12-month period for prepaid, non-refundable travel expenses. Coverage only provided on round-trip travel purchased entirely with an eligible card (paying taxes and fees on award tickets or Pay with Points tickets is covered).
  • Rental car coverage: Get secondary coverage of up to $75,000 for damages caused by theft or collision on rentals of 30 days or less when you pay for the entire rental with an eligible card (including Pay with Points). You can pay per rental to upgrade to primary coverage through the American Express Premium Car Rental Protection program.
  • Emergency medical transportation: At no cost if the Premium Global Assist Hotline medical department determines it is medically necessary and advisable due to inadequate local facilities. You must be traveling more than 100 miles from home on a trip of 90 days or less.

Annual fee: $595 ($695 if application is received on or after 1/13/2022) (see rates and fees)

The Amex Business Platinum provides an impressive 5x on flights and prepaid hotels booked through Amex Travel. Based on TPG’s latest valuations, this means you’ll get a 10% return on these purchases. But, if you don’t want to book through Amex Travel and would prefer to earn bonus points on a wide variety of business expenses, you may be better off with the Ink Business Preferred Credit Card.

To learn more, check out our Business Platinum Card from American Express card review and take a look at the terms and conditions of each benefit. And here’s the official application link: The Business Platinum Card from American Express.

Related: Why you should consider having both the personal and business Amex Platinum cards

Delta SkyMiles Reserve American Express Card

Delta Reserve Amex (Photo by Wyatt Smith/The Points Guy)
(Photo by Wyatt Smith/The Points Guy)

Welcome offer: Earn 50,000 bonus miles and 10,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new card in the first three months of card membership. Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants in the first three months of card membership. Based on TPG’s valuations, this worth up to $650.

Rewards: 3x on purchases made directly with Delta; 1x on all other eligible purchases.

Travel insurance:

  • Lost/damaged baggage: Up to $3,000 per traveler for carry-on baggage and up to $2,000 per traveler for checked baggage, but only $1,000 per traveler for high-risk items. Note that you must pay the entire fare with your card (including Pay with Points).
  • Trip delay reimbursement: Up to $500 per covered trip and up to two claims per 12-month period per card if a common carrier delays you more than six hours. Coverage only provided on round-trip travel purchased entirely with an eligible card (paying taxes and fees on award tickets or Pay with Points tickets is covered).
  • Trip cancellation and interruption protection: Up to $10,000 per covered trip and $20,000 per eligible card per 12-month period for prepaid, non-refundable travel expenses. Coverage only provided on round-trip travel purchased entirely with an eligible card (paying taxes and fees on award tickets or Pay with Points tickets is covered).
  • Rental car coverage: Get secondary coverage of up to $75,000 for damages caused by theft or collision on rentals of 30 days or less when you pay for the entire rental with an eligible card (including Pay with Points). You can pay per rental to upgrade to primary coverage through the American Express Premium Car Rental Protection program.
  • Emergency medical transportation: At no cost if the Premium Global Assist Hotline medical department determines it is medically necessary and advisable due to inadequate local facilities. You must be traveling more than 100 miles from home on a trip of 90 days or less.

Annual fee: $550 (see rates and fees)

The Delta Reserve Amex provides a 3.3% return on purchases made directly with Delta as well as travel protections that can protect you on eligible round-trips. I’d personally use the Chase Sapphire ReserveChase Sapphire Preferred or Ink Business Preferred Credit Card instead of the Delta Reserve when buying flights. But the Delta Reserve offers decent travel protections if you don’t have any of these Chase-issued cards or want to earn Delta miles.

To learn more, check out the full Delta SkyMiles Reserve American Express Card review and take a look at the terms and conditions of each benefit. And here’s the official application link: Delta SkyMiles Reserve American Express Card.

Related: Choosing the best credit cards for Delta flyers

Bank of America Premium Rewards credit card

(Photo by John Gribben for The Points Guy)

Sign-up bonus: Earn 50,000 points after you spend $3,000 on purchases in the first 90 days from account opening. This bonus is worth $500.

Rewards: 2 points per $1 on travel and dining and 1.5 points per $1 on all other purchases. Plus, earn 2 points for every $1 spent on grocery store purchases, now through Dec. 31, 2021.

Travel insurance:

  • Trip delay reimbursement: Up to $500 per ticket for unexpected trip delays of more than 12 hours
  • Trip cancellation and interruption protection: Up to $2,500 per person, per trip for unused pre-paid, non-refundable travel expenses
  • Baggage delay: Up to $100 reimbursed per day for up to five days for baggage delays of more than six hours
  • Lost luggage reimbursement: Provides coverage for luggage and its contents if they are lost or stolen due to theft or misdirection by your common carrier
  • Emergency evacuation and transportation coverage: Covers eligible medical services and transportation if you or a member of your immediate family are injured or become sick during a trip far from home that results in an emergency evacuation.
  • Rental car coverage: Get secondary coverage for damages caused by theft or collision.

Annual fee: $95

The Bank of America Premium Rewards credit card offers solid value in exchange for its $95 annual fee. For example, you’ll get an up to $100 Global Entry/TSA Precheck application fee credit every four years and an annual up to $100 airline incidental fee statement credit.

But, this card is ideal for Bank of America Preferred Rewards members. After all, these members can earn between 25%-75% more points on their purchases. That means the card’s 2x earnings on travel and dining could increase up to 3.5 points per dollar. Meanwhile, the 1.5x earnings on all other purchases could rise as high as 2.625 points per dollar.

To learn more, check out our Bank of America Premium Rewards Visa Credit Card review.

Related: Five reasons to get the Bank of America Premium Rewards credit card

U.S. Bank Altitude Reserve Visa Infinite Card

(Photo by John Gribben for The Points Guy)

Sign-up bonus: Earn 50,000 points after you spend $4,500 in the first 90 days of account opening. These points are worth $750 when redeemed to offset eligible travel purchases. However, this card is only available to U.S. Bank customers who have an eligible U.S. Bank account relationship open and active at least five business days before applying.

Rewards: 5x on prepaid hotels and car rentals booked directly in the Altitude Rewards Center; 3x on eligible travel purchases and mobile wallet spending; 3x on takeout, food delivery and dining through June 30, 2021; 1x on other purchases

Travel insurance:

  • Trip delay reimbursement: Up to $500 per ticket purchased with your card if you’re delayed more than six hours or require an overnight stay
  • Trip cancellation and interruption protection: Up to $2,000 per person, but only to cover non-refundable common carrier tickets
  • Lost baggage reimbursement: Up to $3,000 per trip (up to $2,000 per bag for New York residents) if your checked or carry-on bag (or its contents) is lost due to theft or misdirection by a common carrier
  • Travel accident insurance: Up to $500,000 of accidental death and dismemberment coverage when you use your card to purchase a ticket for eligible forms of transportation
  • Rental car coverage: Primary coverage for physical damage and theft, reasonable and customary towing and valid loss-of-use charges

Annual fee: $400

The U.S. Bank Altitude Reserve Visa Infinite Card can be an excellent choice for daily spending and travel purchases, especially if the merchants you shop with accept mobile wallet payments. But the card doesn’t include baggage delay protection and the trip cancellation and interruption protection only covers common carrier tickets. However, the Altitude Reserve provides a solid alternative to those who can’t get accepted for a Chase card.

For more information, check out our U.S. Bank Altitude Reserve Visa Infinite Card review.

The information for the U.S. Bank Altitude Visa Infinite card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Related: What credit score is needed for a U.S. Bank Card?

Main benefits of having a credit card with travel insurance

(Photo by Nick Ellis/The Points Guy)
The Ritz-Carlton South Beach. (Photo by Nick Ellis/The Points Guy)

There are multiple benefits to having a credit card that provides travel insurance when you pay for eligible travel expenses with your card. The main advantage is simplicity: I don’t need to research independent travel insurance unless I’m going on a trip for which my credit card’s travel insurance doesn’t provide the level of coverage I want.

Having a credit card with travel insurance can also save you money. My sister-in-law paid more than $100 to buy theft and collision insurance from a car rental company. After that experience, she finally got the Chase Sapphire Preferred to obtain similar coverage as a card perk. Now, she can recoup her annual fee even if she just rents a car a couple of times each year.

Finally, having a credit card with travel insurance provides reassurance. I don’t need to worry if bad weather causes a flight cancellation and strands me overnight since I know my card will provide trip delay protection. And, I’m almost happy when the airline temporarily misplaces my checked bag for a few days, as my card’s baggage delay insurance means I can purchase some essential clothing items while I wait.

Related: Why you might want to get a premium credit card instead of purchasing travel insurance

How to submit a claim

If you’re in a situation where you believe you may be eligible for your credit card’s travel insurance, your first step should be to read your card’s guide to benefits or call the number on the back of your card. Even if you believe you’ll be covered after reading your card’s guide to benefits, it is usually a good idea to call the number on the back of your card. By calling, you can ensure you’re covered, learn about deadlines for making your claim and determine what documents you’ll need to collect.

The benefits administrator will usually walk you through the necessary steps for making your claim. Luckily, many card issuers now allow you to file claims online, so you may not need to send in physical documents. Be sure to pay attention to any deadline for starting your claim and uploading documents, as well as any specific requirements for requested documentation.

Related: Your guide to Chase’s trip insurance coverage

What card should I use for travel insurance?

The Amex Platinum’s 5x for airfare booked directly through airlines or Amex Travel is impressive. But the lack of baggage delay protection and the requirement of round-trip travel for some benefits usually discourages me from using Amex-issued cards for flights.

Instead, I use the Chase Sapphire Reserve when booking flights and other common carrier travel due to its solid mix of earnings and protections. But, if you can’t quite justify the Chase Sapphire Reserve’s $550 annual fee, the Chase Sapphire Preferred Card and Ink Business Preferred Credit Card both provide reasonable travel protections for a sub-$100 annual fee.

Related: Why the Sapphire Preferred should still be the first rewards card in your wallet

Bottom line

Credit card travel protections are easy to under-value. However, I’ve gotten thousands of value from credit card travel insurance over the years. As such, I’ll often forgo better earning rates to put airfare and award flight taxes and fees on a card I know provides solid protection. For me, this card is usually the Chase Sapphire Reserve or the Ink Business Preferred Credit Card. However, I purchase independent travel insurance for select trips when I want additional benefits, such as cancel or any reason coverage or non-medical evacuation coverage.

Additional reporting by Stella Shon.

For rates and fees of the Amex Platinum, please click here.
For rates and fees of the Amex Business Platinum, please click here.
For rates and fees of the Delta Reserve Amex, please click here.

Featured photo of the Beachfront Villa, Residence Terrace at The Ocean Club, A Four Seasons Resort. (Photo courtesy of Four Seasons)

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