Best Travel Credit Card With Trip Cancellation Insurance
Traveling is one of the best things you can do for yourself. It allows you to see new cultures, try new foods, and meet new people. However, planning a trip can be stressful, and unexpected events can occur. That's why it's essential to have travel insurance, especially trip cancellation insurance.
With so many options available, it can be overwhelming to choose the best travel credit card with trip cancellation insurance. This guide will break down the top options available in the United States, so you can choose the one that suits your needs best.
Chase Sapphire Preferred
The Chase Sapphire Preferred is one of the most popular travel credit cards with trip cancellation insurance. It offers up to $10,000 per trip for trip cancellation or interruption, and up to $500 per ticket for trip delays. Additionally, the card offers primary rental car insurance, which means you won't have to pay for rental car insurance when you rent a car.
Other perks of the Chase Sapphire Preferred include earning 2x points on travel and dining and 1x point on everything else. The points can be transferred to travel partners, such as United Airlines and Marriott, at a 1:1 ratio. The annual fee for the card is $95.
Capital One Venture Rewards
The Capital One Venture Rewards credit card offers up to $5,000 per trip for trip cancellation or interruption. Additionally, the card offers travel accident insurance and rental car insurance.
Other perks of the Capital One Venture Rewards include earning 2x miles on every purchase, the ability to transfer miles to travel partners at a 2:1.5 ratio, and the option to redeem miles for statement credits. The annual fee for the card is $95.
American Express Platinum
The American Express Platinum credit card offers up to $10,000 per trip for trip cancellation or interruption. Additionally, the card offers emergency medical and dental coverage, travel accident insurance, and rental car insurance.
Other perks of the American Express Platinum include access to airport lounges, such as the Centurion Lounge network and Priority Pass, up to $200 in annual airline fee credits, and up to $100 in annual credits for purchases at Saks Fifth Avenue. The annual fee for the card is $550.
Citi Premier Card
The Citi Premier Card offers up to $5,000 per trip for trip cancellation or interruption. Additionally, the card offers worldwide travel accident insurance and car rental insurance.
Other perks of the Citi Premier Card include earning 3x points on travel, including gas stations, and 2x points on dining and entertainment. The points can be transferred to travel partners, such as JetBlue and Virgin Atlantic, at a 1:1 ratio. The annual fee for the card is $95.
Conclusion
Choosing the best travel credit card with trip cancellation insurance depends on your needs and preferences. The Chase Sapphire Preferred, Capital One Venture Rewards, American Express Platinum, and Citi Premier Card are all great options to consider. Whichever card you choose, make sure to read the terms and conditions carefully, so you know exactly what you're getting.