In addition to providing coverage for a variety of potential problems, Amex Gold Travel Protector also offers a number of other benefits. So make sure your personal auto insurance covers your liability when renting cars. You may also have coverage if you become ill due to COVID-19 during your travels. The best travel credit cards may surprise you. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. If you prepaid for your trip and cannot. Terms apply. Credit card travel insurance is administered by a third party, not by the issuing financial institution, thus making the claims process potentially redundant and complicated. You can change or modify your policy prior to your trip. This example shows the levels of coverage available and the associated premium costs. Here, we will take a look at the pros and cons of Amex Gold Travel Protector. Intoxication is defined by the laws of the jurisdiction where such accident occurs, The eligible traveler being under the influence of any narcotic or other controlled substance at the time of an accident, unless the narcotic or other controlled substance is taken and used as prescribed by a Physician, The eligible traveler's commission or attempted commission of any illegal or criminal act, including but not limited to any felony, The eligible traveler parachuting from an aircraft, The eligible traveler engaging or participating in a motorized vehicular race or speed contest, Dental treatment except as a result of accidental bodily injury to sound, natural teeth, Any non-emergency treatment or surgery, routine physical examinations, Hearing aids, eyeglasses or contact lenses, One-way travel that does not have a return destination. Coverage is limited to $500 per trip and cardmembers are only eligible for two claims each 12 consecutive month period. We would be anticipating 2-4 international trips per year starting in 2023. While lounge access and travel credits are typically the highlights of these cards, some of the lesser-known benefits, such as trip delay reimbursement and trip cancellation and interruption insurance, are becoming hot topics as the coronavirus pandemic continues to impact the travel industry. It can be relatively expensive, especially if you are planning multiple trips throughout the year. is a former TPG writer, covering everything from the latest deal to deeper guides with a focus on beginners. When evaluating offers, please review the financial institutions Terms and Conditions. You want a travel credit card that prioritizes whats important to you. For an explanation of our Advertising Policy, visit. Jonnica Hill via Unsplash. However, this mid-tier rewards card also offers cardholders several travel perks that can make it an appealing option for booking flights and rental cars. Carry-on bags are covered for up to $1,250, which is good to know since your belongings could be stolen from the overhead bins. Cruise >> Specialized coverage for your unique travel concerns when setting sail. The Delta SkyMiles Gold American Express Card was revamped in 2019 with a new list of perks and revised earning rates. Then, AmEx will automatically reimburse up to $50,000 in damage or theft for most rentals up to 30 days in length. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. Terms apply. AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. This site does not include all credit card companies or all available credit card offers that are on the market. If you want to make sure youre purchasing from an established company and have specific coverages youre more interested in than others, American Express Travel Insurance is a solid decision. But, don't worry if you booked a complicated itinerary. In addition, as an Amazon Associate we earn from qualifying purchases. The American Express Gold Card's 4 points per dollar earnings rate at restaurants and U.S. supermarkets (up to $25,000 per calendar year, then 1 point) make the card a rewarding choice . $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. All financial products, shopping products and services are presented without warranty. The American Express Gold Card is best known for its dining, grocery and rideshare perks. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Travel insurance does not cover canceling your trip due to fear of getting sick. Youd also want a travel insurance policy if your trip has a complicated itinerary or if youre anxious about the possibility of having to cancel any portion of the journey. To receive coverage, you also need to pay for the entire fare with an eligible American Express card or by using Membership Rewards points to book tickets through Amex Travel. This trip delay insurance is effective as long as you start from your home and pay for your entire trip with the American Express Gold Card including all round-trip and one-way travel along the way. The first policy above with Assistance USA for $77, for example, has coverages similar to the Silver Amex plan which has a premium of $133. Ultimately, the best policy for you will depend on your individual needs and budget. Families: I'm not saying families should flat-out reject American Express Travel Insurance. Travel Protection Plan. AmEx even covers the loss or damage of bags on the way to or from the "common carrier terminal" (e.g., the airport). The American Express Gold Card is a great card for dining out, ordering takeout and traveling, but it comes with a relatively high $250 annual fee ( see rates and fees ). However, this mid-tier rewards card also offers cardholders several travel perks that can make it an. Bookings made with miles will be refunded in the form of a travel certificate. Related: The best credit cards with travel insurance. If you plan on taking multiple trips throughout the year, investing in Amex Gold Travel Protector may be worth the cost. How much it covers: Most American Express credit cards will cover replacement costs for checked bags and their contents up to $500 per person, although so-called high-risk items are only covered for a maximum of $250. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. I'll use the Delta SkyMiles Reserve as an example. After working as a tax accountant for a decade, JT turned his analytical skills to points, miles and credit cards. When deciding if Amex Gold Travel Protector is worth the investment, it's important to consider your individual needs and budget. If you're a frequent traveler, you've likely run into this situation at some point (it's the worst). Use your American Express Gold Card to book travel to get up to $1,250 in coverage for lost or stolen baggage and up to $300 in reimbursements during a covered delay of 12 hours or more. $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. To be eligible to file a travel insurance claim, you'll need to pay for your travel using your Amex Gold card. to get secondary coverage of up to $50,000 for damage or theft. There is also no coverage for canceling a trip due to a U.S. State Department announcement warning of COVID-19 in a particular area. The policy offers comprehensive coverage, 24/7 customer service, and potential savings. Some airlines and hotels even waive cancelation fees and/or change fees for certain fares, which can make last-minute adjustments in the case of emergencies. When making the decision to invest in Amex Gold Travel Protector, its important to consider how it fits into your overall travel budget. Get more smart money moves straight to your inbox. We frequently discuss the travel insurance coverages that are offered complimentary on most credit cards. Learn more: Rental car insurance explained. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress Click here to see a list of advertisers that we work with. We used policy comparison websites and found similar but not identical policies. Hilton Honors American Express Aspire Card: The Amex EveryDay Preferred Credit Card from American Express, Everything you need to know about Amex's baggage insurance plan. That is up from the previous bonus of 35,000 points. This benefit can quite literally be a lifesaver if you or an immediate family member run into any unexpected issues or accident on your trip. The Points Guy, Forbes Advisor, AwardWallet, LendingTree. Still, it can be confusing to know what is covered and the right documentation you need to file a claim. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This is because you can convert 1 point into 1.33 Nectar points via the Avios partnership. Required fields are marked *. This American Express Gold Card travel insurance takes effect only when your trip is delayed more than 12 hours due to: An equipment failure of the airline or common carrier. You can find more details about the coverage offered by Amex Gold Travel Protector on their website. Global Assist helps coordinate services when things go wrong on a trip. Keep in mind that a provider may ask for additional documentation related to the incident, so you may have to collect receipts and other forms to help your case. Learn more. One of the main advantages of Amex Gold Travel Protector is the comprehensive coverage it offers. 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. Click here to see a list of advertisers that we work with. We've crunched the numbers and come to the conclusion it can easily be worth that $250 annual fee. And it's not just the cardmember's bags that are covered. We may receive compensation when you click on links to those products. Our opinions are our own. Terms apply. Yes, the Amex Gold card does have travel insurance benefits, the best of which are car rental loss and damage insurance and baggage insurance. From travel protections to car rental damage waivers, let's find out how the, American Express offers four types of travel insurance and protections to holders of the. Check here before booking an award fare. The specific coverage will depend on the type of policy you purchase and the country you are traveling to. $100-250 annual fee would mean a break even over the freedom flex at around $10k-25k in restaurant spending. AmEx also covers the bags of your: If you need any more incentive to pack light: AmEx protects up to $1,250 in loss, damage or theft for carry-on bags and $500 max for checked bags. Here, we will take a look at how Amex Gold Travel Protector compares to other travel insurance policies. Exploring the Benefits and Costs, Can Americans Travel to Palestine? These include up to $120 in Uber Cash, up to $120 in dining. For reference, the six "freebies" are: The Blue Cash Everyday Card. It is designed for people with excellent credit and offers rewards, travel benefits, and other perks. Crypto Wallet Development: Types, Features, and Popularity, 5 Ways AI is Detecting and Preventing Identity Fraud. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. Few travel insurance companies offer the option to purchase stand-alone travel medical coverage. A pretty easy target to hit, especially if you're putting all your food and travel purchases on it, and these super valuable points are definitely worth the wait. Our partners compensate us. Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. Terms apply. purchasing travel insurance in your 60s, 70s, and beyond, The 7 Best Cards for Travel Insurance Coverage and Protection [2023]. The Gold Plan selected offers up to $100,000 in emergency medical, up to $750 in emergency dental, and up to $100,000 in emergency evacuation/repatriation. to get these travel protections. If worrying about having to cancel your trip or having it disrupted during your journey is an issue, purchasing a travel insurance policy will definitely deliver some peace of mind, both prior to and during your trip. The annual fee is relatively high at $550, but it comes with a range of exclusive benefits, including airport lounge access, 5x points on select flights, and free hotel stays . This is why you need to pay attention to the benefits each of your travel rewards cards offers. This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, at least $500 in assorted annual statement credits and so much more. Additionally, there is a small window of time when you are able to purchase the coverage, including during your initial purchase or up to 10 to 21 days after the purchase, depending on the company. This information may be different than what you see when you visit a financial institution, service provider or specific products site. In order to protect yourself and your finances, its important to consider investing in travel insurance. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Amex outlines what is not covered, which includes the following: When you have a delay or trip cancellation/interruption that you think qualifies for coverage, you can file a claim by calling Amex at 1-844-933-0648 within 60 days of the covered loss. You want a travel credit card that prioritizes whats important to you. and decline the rental company's collision damage waiver product. Editors note: This post has been updated with new information. These complimentary coverages are useful and can offer more than adequate coverage for most trips. 3x SkyMiles on eligible Delta purchases; 2x at restaurants and U.S. supermarkets. A few years ago, a TPG staffer found out the hard way that Amexs policy didnt cover frequent flyer mile awards. Cardholders of the American Express Gold Card can get baggage protection on their checked and carry-on bags when traveling on a common carrier such as an airline. Here, we will take a look at some of the ways you can save money with Amex Gold Travel Protector. The travel protection benefits provided are the same under the two sections, however, the basis on which we provide them is different. Copies of your common carrier tickets and travel supplier receipt, Your eligible card billing statement showing the charges for the covered trip, Copy of travel supplier's cancelation policy. Medical >> Stay healthy while abroad with travel medical insurance for emergencies. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. You're still responsible for damage and injury done to others. These items include jewelry, sporting equipment, photographic or electronic equipment, computers and audio/visual equipment. Does the American Express Gold Card have travel insurance? Most credit card travel insurance coverage is secondary and in excess of other coverage you might have. This card's value can more than cover its $250 annual fee in the right hands. Lost or stolen passports or travel documents. 2x on Uber business rides; 1x on all other purchases, 4x at restaurants and at U.S. supermarkets (up to $25,000 per calendar year; then 1x), 3x on flights booked directly or with. However, if you utilize the links for the travel insurance comparison sites, youll find several options for annual plans offered by highly-rated companies. Terms apply. Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card. However, if youre investing in an expensive trip or 1 that involves multiple travel providers, purchasing a comprehensive travel insurance policy is a prudent move. as your travel assistant. We believe everyone should be able to make financial decisions with confidence. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. members aren't as comprehensive as what you'll get on other premium AmEx cards. Apply and select your preferred metal Card design: classic Platinum Card, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. Here are our picks for the best travel credit cards of 2023, including those best for: Flexibility, point transfers and a large bonus: Chase Sapphire Preferred Card, No annual fee: Bank of America Travel Rewards credit card, Flat-rate travel rewards: Capital One Venture Rewards Credit Card, Bonus travel rewards and high-end perks: Chase Sapphire Reserve, Luxury perks: The Platinum Card from American Express, Business travelers: Ink Business Preferred Credit Card, About the author: JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. helps coordinate services when things go wrong on a trip. See our Advertiser Disclosurefor more details. Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. American Express premium credit cards offer some of the best perks in the credit card space. Cost includes $12.95 plus applicable local sales tax. Before you start filing a claim, make sure you have the documents listed above. American Express Trip Cancel Guard The flexibility to change your mind. 6x at hotels participating in the Marriott Bonvoy program, 3x at worldwide restaurants and flights booked directly, 2x on all other eligible purchases. AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. I was unable to find an annual travel insurance policy option for U.S. citizens offered by American Express. We chose a week-long trip for a 40-year old that cost $3,000. Learn more: How to file travel insurance claims. Rent a car with your. ? While its reasonable to want to cancel your trip due to fear of COVID-19, canceling a trip due to the fear of any illness is not a covered reason on any travel insurance policy. Here are our picks for the. Be sure to include the names of everyone in your party, flight confirmation number, flight numbers, travel dates and your contact information. The interest rate on the American Express Gold card is 22.9% APR variable with a 57.6% APR variable including the annual fee (although the Amex Gold credit card is free for the first 12 months). (Enrollment required for select benefits.). Based on dozens of quotes obtained, pricing brackets were determined to be as follows: Knowing this upfront can help you determine if youre at the beginning of the highest price bracket or the end. This influences which products we write about and where and how the product appears on a page. Lets take a look at the package policy offerings and pricing. Sign up for our daily newsletter! To activate this coverage, all you need to do is pay for the entire cost of the flight, train, bus or cruise with your, travel insurance protection covers cardmembers when they rent a car. 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