Is credit card travel insurance worth it?

Average customer rating: 4.3/5
Written by Tiana Lee-Collins
Reviewed by Adrian Taylor
Last updated March 26, 2024

How does complimentary insurance work?

Complimentary international travel insurance is cover that your credit card provider may offer as an incentive, which you may need to activate by making eligible purchases with your card such as pre-booking accommodation or flights. The eligibility criteria will vary between insurers, so make sure you understand what’s required to access your complimentary cover.

In any case, the insurance isn’t technically ‘complimentary’ since it’s generally paid for by the fees and interest charges that come with the card.

In addition, not all credit cards will offer complimentary travel insurance for overseas travel. Other complimentary insurance your credit card provider might offer include:

  • Transit accident insurance
  • Interstate flight inconvenience insurance
  • Purchase protection insurance
  • Extended warranty insurance

Learn more about credit card travel insurance

Does my credit card have travel insurance?

What does credit card travel insurance cover?

Who does my credit card travel insurance cover?

What is excluded from credit card travel insurance?

Is credit card travel insurance enough?

While Australians might find ‘free’ credit card travel insurance a bargain with no downsides, this isn’t necessarily true. Credit card travel insurance often has much lower claim limits than a comprehensive travel insurance policy and can be more limited in the type of cover available.

Credit card travel insurance vs comprehensive travel insurance

Understanding how credit card travel insurance works

How to activate credit card travel insurance

How do I claim on travel insurance through a credit card?

Before taking out credit card travel cover

Meet our Executive General Manager of General Insurance, Adrian Taylor

Adrian Taylor
Executive General Manager – General Insurance

As the Executive General Manager of General Insurance, Adrian Taylor believes in educating customers about the importance of travel insurance so that anyone can kick back and make the most of their time away from home. While no one wants a disrupted holiday, a suitable travel insurance policy can provide a financial safety net for yourself, your belongings and your trip in case things go wrong.