Sign up for our daily newsletter! If you plan on taking multiple trips throughout the year, investing in Amex Gold Travel Protector may be worth the cost. Then, if your flight is delayed for more than 12 hours for a covered reason, American Express will reimburse you up to $300 for reasonable expenses such as meals, lodging, toiletries, medication and other personal use items. Unlock new opportunities and expand your reach by joining our authors team. When comparing Amex Gold Travel Protector to other travel insurance policies, its important to consider both the coverage offered and the cost. Click Registration to join us and share your expertise with our readers.). This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). 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. Once your trip is completed, you cannot request a refund. When considering which policy to invest in, its important to weigh the pros and cons of each option. This site does not include all credit card companies or all available credit card offers. Coverage is limited to $500 per trip and cardmembers are only eligible for two claims each 12 consecutive month period. To activate this coverage, all you need to do is pay for the entire cost of the flight, train, bus or cruise with your American Express Gold Card or American Express Membership Rewards points. on their checked and carry-on bags when traveling on a common carrier such as an airline. Credit card travel insurance coverage, however, is not a replacement for a comprehensive travel insurance policy, for these reasons: Bottom Line: While the travel insurance coverages that come with credit cards may be sufficient to cover a simple trip where there is no large investment at stake, these coverages are by no means a replacement for a comprehensive travel insurance policy. The Amex Gold comes. A Comprehensive Review. This bonus value is an estimated valuation. However, it is important to note that this cost can add up quickly, so it is important to make sure you are getting the most bang for your buck. You can find more details about the coverage offered by Amex Gold Travel Protector on their website. All financial products, shopping products and services are presented without warranty. One of the documents required to file for trip delay reimbursement is a verification form that outlines the reason for the delay or cancellation by the carrier. For example, you'll generally need to pay for trips with your. 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. The coverage on the $102 Assistance USA plan above compares more with the Amex Gold plan at $157. This AmEx collision damage waiver, or CDW, covers damage and theft to the car you rent. Cancel for Any Reason Insurance must be purchased to cover these voluntary cancellations. 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. 3x on all travel and at restaurants worldwide. The premiums for such coverage are also very competitively priced. For example, if you become sick with the virus and have to cancel your trip as a result, you may have coverage under trip cancellation insurance. 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. This site does not include all credit card companies or all available credit card offers. So, you won't get a higher amount of coverage if you spread your personal items across several bags. It can be relatively expensive, especially if you are planning multiple trips throughout the year. Up to 4 claims a year are allowed. Terms apply to offers below. I have purchased annual plans via Allianz and Travel Guard. For reference, the six "freebies" are: The Blue Cash Everyday Card. How to get rental car insurance through the. That's exactly the case with the Amex Platinum card. When Will Hawaiis Safe Travels Program End? Depending on how much value you put on the Amex credits to offset the annual fee. Hot Tip: Due to the overall decrease in travel, many travel insurance companies now allow you to cancel your travel insurance and receive a full refund or extend your policy without extra charges. The main disadvantage of Amex Gold Travel Protector is the cost of the policy. This is why you need to pay attention to the benefits each of your travel rewards cards offers. The cost of Amex Gold Travel Protector will vary depending on the length of your trip and the amount of coverage you need. This card's value can more than cover its $250 annual fee in the right hands. And it's not just the cardmember's bags that are covered. Terms apply. Here is some information you should know about cancellations and changes to an American Express Travel Insurance policy. You can find the full terms and conditions of what is generally covered on your respective card in your Guide to Benefits, which can be found through your online account. If this is important to you, you should attempt to find the coverage elsewhere by using comparison sites. Protect your trip with cancellation, interruption, delay and medical benefits. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and prior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Your flight is delayed or canceled and you must stay at a hotel and incur expenses for lodging and incidentals. Prices ranged from $59 to $208 to cover the entire trip. In addition, as an Amazon Associate we earn from qualifying purchases. Disclaimer: NerdWallet strives to keep its information accurate and up to date. [1] [2] If a victim makes the payment, the . If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. One of the lesser known benefits of some of Amex's most premium cards is its Premium Global Assistance. Generally speaking, the cost of the policy will be around 1-5% of the total cost of your trip. The Gold Card has an annual fee of $250, which is effectively $30 when you factor in its monthly statement credits at select restaurants and its airline fee credit. Amex Gold Travel Protector generally offers more comprehensive coverage than other policies, but it is often more expensive. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. 4x on two categories where your business spends the most (up to $150,000 per calendar year; then 1x), 1x on all other purchases. Opinions and recommendations are ours alone. Best Credit Cards for Rental Car Insurance, Business Credit Cards for Advertising Purchases, Business Credit Cards for Shipping Purchases, Top Reasons to Get a Business Credit Card, How to Apply For a Small Business Credit Card, Maximize Rewards From Your Business Purchases, Comparing Top 3 Chase Business Credit Cards, Tourist Visa Requirements for U.S. Citizens, How to Cancel an American Airlines Flight, TSA PreCheck Everything You Need to Know, Chicago OHare International Airport [ORD], Best Websites for Booking Affordable Hotels, Best Hilton Luxury Hotels to Book With Points, Guide to Hotel Status Matches and Challenges, Best Marriott Luxury Hotels to Book With Points, Best Ways to Redeem Marriott Points for Hotels, Best IHG Luxury Hotels to Book With Points, Marriott Bonvoy Hotel Loyalty Program Review, offered complimentary on most credit cards, our guide to buying the best travel insurance. 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. Here, we will take a look at the pros and cons of Amex Gold Travel Protector. And you can fall back on AmEx Global Assist anytime you run into issues when planning your trip or if you have an emergency during the trip. Her successful insurance and financial services career has been an excellent foundation from which to source her knowledge for many of Upgraded Points travel insurance articles. (Note: Is this article not meeting your expectations? I have since found that Amex "travel insurance" offers 4 different packageswith "Basic" around the same price, however the benefits seem to be much less between the "Gold Travel Protector (GTP)" (at time of purchase) and the "Basic" travel insurance (after the fact) offers. Allianz Travel Insurance Coverage Review Is It Worth It? Editors note: This post has been updated with new information. The Cash Magnet Card. Note, the estimated return rate for these cards is based on TPGs latest valuations: The information for the Amex EveryDay Preferred card has been collected independently by The Points Guy. Your rental car, as well as taxis and ride-share services such as Uber and Lyft, would be excluded from this protection. The policy offers comprehensive coverage, 24/7 customer service, and potential savings. Your email address will not be published. You want a travel credit card that prioritizes whats important to you. Let's dig into the details. This card is also incredibly rewarding for travel purchases, helping you rack up a ton of Membership Rewards points for your next award trip. It also does not cover canceling your trip due to a government shutdown due to COVID-19, or a surge in cases in a particular area. With Amex Platinum Trip Cancellation Insurance, you're are eligible for up to $10,000 per trip (with a maximum payout of $20,000 per 12-month period) for flight cancellations occurring due to a covered reason (such as inclement weather, jury duty, injury, illness, etc. For package travel insurance policies, you might be able to realize modest savings by shopping around, but you wont go wrong with the company selection of choosing American Express Travel Insurance. Check here before booking an award fare. You can contact TD Credit Cards from 7:00 a.m. to 12:00 am (EST), seven days a week, at: Within Canada and the U.S.: 1-800-983-8472 . Our partners compensate us. If some of the coverages in the package plan are not important to you, you can select only the coverage(s) you want and pay accordingly. Here is a list of our partners. The information provided is for informational purposes only and should not be considered financial, tax or legal advice. TPG has a guide of the best American Express cards, but here are some of the best cards in terms of the return you could receive when renting a car. There are two situations in which travel insurance can be worthwhile: to protect your trip and to protect your health. It is designed for people with excellent credit and offers rewards, travel benefits, and other perks. Youll normally be working with 2 (or more) entities to get your claim resolved. One of the newest travel insurance perks of the American Express Gold Card (added as of Jan. 1, 2020) is trip delay insurance protections. Here are a few situations where travel insurance could cover your loss: Whether you should purchase travel insurance or not is a personal decision. Learn more: Rental car insurance explained. We'll run a soft credit check to find special offers, but it wont affect your credit score. Editorial disclaimer: 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. Travel insurance policies can offer higher limit options. is a former TPG writer, covering everything from the latest deal to deeper guides with a focus on beginners. This should be done as soon as possible, but. Certain vehicle types are excluded such as cargo vans, motorcycles, mopeds and campers. To be eligible to file a travel insurance claim, you'll need to pay for your travel using your Amex Gold card. The AmEx Global Assist Hotline services available to. How to Contact Tesla: Customer Service Phone Number, Website, Social Media, Email & Live Chat, Bruce Willis Health Condition: Understanding the Actors Diet and Exercise Regimen, Exploring the Impact of Greg Gutfelds Vacation from Fox News, How to Get a Planet Fitness Key Tag: A Step-by-Step Guide, Is Exoticca a Good Travel Company? For years, the Amex Gold Card has been one of the strongest travel cards on the market thanks to a reasonable annual fee and some unbeatable bonuses on groceries and dining that make it a go-to card to earn more points for everyday expenses. Terms apply. Terms apply. $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. 1.33 Nectar points are worth 0.66p when spent at Sainsbury's, Argos or eBay. It includes adequate coverage for all the primary travel risks and includes a few options to fill in any gaps. Ultimately, the decision to invest in Amex Gold Travel Protector should be based on your individual needs and budget. For more information about the coverage offered by Amex Gold Travel Protector, please refer to their website. And the maximum benefit for each of these is capped at a certain amount. Also, like several other travel insurance companies, high-risk adventurous activities may not be covered with American Express Travel Insurance. Terms apply. However, it can still be an excellent resource when you need help before or during your travels. Another downside that may or may not be important is that American Express Travel Insurance does not sell annual or multi-trip policies. You generally wont find medical coverage on a credit card. He published over 2,000 articles on The Points Guy before becoming a freelance writer. 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. For rates and fees of the Amex Platinum card, please click here.For rates and fees of the Amex Gold card, please click here.For rates and fees of the Amex Business Gold card, please click here.For rates and fees of the Amex Green card, please click here.For rates and fees of the Hilton Aspire card, please click here.For rates and fees of the Amex Blue Business Plus card, click here.For rates and fees of the Marriott Bonvoy Brilliant card, click here.For rates and fees of the Delta SkyMiles Reserve card, please click here.For rates and fees of the Delta SkyMiles Reserve Business card, please click here.For rates and fees of the Delta SkyMiles Platinum card, please click here.For rates and fees of the Amex Business Platinum card, click here. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. 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. Related: The best credit cards with travel insurance. 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. Reach out to Alaska Airlines customer care at 1-800-654-5669. Visit americanexpress.com/protectionbenefits or call 1-800-338-1670. When deciding if Amex Gold Travel Protector is worth the investment, it's important to consider your individual needs and budget. Additionally, the policy provides access to 24/7 customer service, emergency assistance, and legal advice. 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. Anyone know more about the GTP coverage? Related: Everything you need to know about Amex's baggage insurance plan. The American Express Preferred Rewards Gold card is issued directly by American Express and has recently been changed from a charge card to a credit card. If you're outside of the United States, you can call collect at 1-303-273-6497. Megan Lee joined the travel rewards team at NerdWallet with over 12 years of SEO, writing and content development experience, primarily in international education and nonprofit work. Terms apply. Cruise >> Specialized coverage for your unique travel concerns when setting sail. While American Express Travel Insurance does not cover trip cancellation due to fear of contracting COVID-19, there may be coverage in certain circumstances. 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. After working as a tax accountant for a decade, JT turned his analytical skills to points, miles and credit cards. 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. which covers damage to or theft of eligible car rentals. The price for coverage is the same for everyone in that specific age bracket. You have the option to select just that coverage. One of the main advantages of Amex Gold Travel Protector is the comprehensive coverage it offers. However, if you need outside help such as emergency translation or legal assistance you'll be on the hook for payments to third-party service providers. When evaluating offers, please review the financial institutions Terms and Conditions. CFAR insurance is expensive, does not cover the entire cost of your trip, and not all companies sell the coverage, including American Express Travel Insurance. Lets take a look at the package policy offerings and pricing. Plus Ups are excluded. Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. 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. You can select a package policy that includes several types of coverages in 1 plan or you can build your own travel insurance plan and select just the coverages that are important to you. These items include jewelry, sporting equipment, photographic or electronic equipment, computers and audio/visual equipment. Theme: Newsup by Themeansar. We frequently discuss the travel insurance coverages that are offered complimentary on most credit cards. However, it is important to remember that the cost of the policy can add up quickly and it may not cover all potential issues that may arise during your travels. Read more. While the American Express Gold Card isn't a premium travel card, it still offers core travel insurance protections that can make it the go-to card for booking travel and rental cars. Another useful American Express Gold Card travel insurance protection covers cardmembers when they rent a car. is not covered on travel insurance policies. is best known for its dining, grocery and rideshare perks. If you can max out all the benefits this card has to offer, it might become a cornerstone of your wallet. Featured Image Credit: Yes, the American Express Platinum card is considered an elite card. You're still responsible for damage and injury done to others. Perhaps, for example, you have a need for just medical coverage while traveling abroad. The key benefit of the American Express Gold Card is 10 free miles of towing as well as jumpstarts and flat tire assistance. For more information, see our. 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. Improve earnings, maximize rewards and track progress toward dream trips. These include up to $120 in Uber Cash, up to $120 in dining. The American Express Gold Card is packed with valuable rewards and benefits that make it an easy choice for everyday spenders and frequent travelers. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). American Express Trip Cancel Guard The flexibility to change your mind. 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