I have Bank of America preferred rewards and upgraded to the Premium Rewards Elite card this year, from the regular travel card. The cash back is nice, but it's a lot of hoops to jump through to get the $300 incidental credit (use it for United Travel Bank purchases), and the insurance benefits aren't as good as what Chase offers (namely only $2,500 in trip cancellation vs. $10,000 for the CSP).
I was thinking of getting the CSP or CSR. For $95/year the CSP has primary rental coverage and seemingly excellent travel insurance - at least on paper.
1. How valuable is primary rental coverage? Any time I rent a car, the damage waiver through the rental agency almost doubles the cost of the rental so it seems like it's a worthwhile benefit.
2. Is the Chase travel insurance any good, or is it going to be delay and deny until you get so tired of trying you give up?
3. I'm not into transferring miles, so is using it for 1.25 points on the Chase travel portal a decent redemption?
Be careful about the travel insurance. Make sure that you read ALL of the Terms & Conditions.
Charge card travel insurance tends to be more restrictive than policies taken out from regular travel insurers.
Importantly, double check how "pre-existing conditions" are defined and what restrictions may exist.
We get third party travel insurance, and we've had several claims, including a few large ones. And we've had payment within 2-3 weeks, without any quarreling.
(But note: Probably for *any* travel insurance, you'll need RECEIPTS for all claimed expenses, so be sure to get them while you are IN any foreign location, at the time of service. It can be very tricky to get those later in some cases.)
For more discussions and Q&A about travel insurance, including charge card coverage issues, you might want to browse (or ask) at CruiseCritic:
https://boards.cruisecritic.com/forum/4 ... insurance/
I can't speak to the rental insurance, of Chase or any other charge card; no experience.
RM
Statistics: Posted by ResearchMed — Mon Oct 21, 2024 11:02 pm — Replies 1 — Views 117