Credit Card with Trip Cancellation ins.??
I just paid over $200.00 for 4 flights to the States and thought if it's available it would be great.
Nov 23rd, 2009 1:00 pm
Nov 23rd, 2009 1:19 pm
Nov 23rd, 2009 3:54 pm
Nov 23rd, 2009 4:54 pm
If you already paid your flights, then CC is not a option. The credit card's trip insurance only applies if you charge the whole flight using the CC. For travel, I found the TD Infinite Travel VISA card (forgot the exact name) is a great one. It offers trip cancellation and interruption for 8 days per trip to a max $1000 per person. If your trip is longer than 8 days, you can pay a little more for the extra days. You earn 9X points for all travel costs (flight, hotel, car rental, etc) and 3X for other. You can then redeem the points for your travel cost anytime (10K points = $50). For example, I charged my hotel/resort first, then redeem the points for my flight which I booked later. However, the fee is $120/year. But if you have a select service account and put $5000 in the account, your VISA annual fee is waived (i.e. FREE). It also gives you other perks such as free cheques, unlimited transactions, free traveller cheques, FREE Deposit Box, free USD Visa, etc... Now the additional bonus: if you take advantage of the current TD $250 promotion, you get all of the above perks FREE and have some extra cash :-)
Nov 23rd, 2009 4:57 pm
Nov 23rd, 2009 5:56 pm
Nov 23rd, 2009 6:02 pm
Nov 28th, 2009 6:10 pm
Nov 28th, 2009 6:21 pm
Nov 28th, 2009 10:02 pm
Hang on a second, though. All those MBNA and MBNA-affiliated cards listed on that site have a very limited form of Trip Interruption insurance, not Trip Cancellation. MBNA only covers you on no-fee Platinum Plus-level cards on the very specific circumstance that a close family member dies in Canada while you are on your trip and you have to come back home.canabiz wrote: ↑Nov 28th, 2009 6:10 pmThere are other cards that offer this insurance with no annual fees, based on this site.
http://www.creditcardsearch.ca/insuranc ... nnual+Fees
Hope it helps!
Nov 28th, 2009 10:08 pm
Nov 29th, 2009 8:24 am
Thanks for the additional info, I provided that link as a stepping stone, obviously you still have to do your due diligence and read the fine print. It's pretty rare to get a credit card with true trip cancellation insurance and no fee but if you travel a lot, the annual fee may prove to be negligible in the grand scheme of things.thirtyone wrote: ↑Nov 28th, 2009 10:02 pmHang on a second, though. All those MBNA and MBNA-affiliated cards listed on that site have a very limited form of Trip Interruption insurance, not Trip Cancellation. MBNA only covers you on no-fee Platinum Plus-level cards on the very specific circumstance that a close family member dies in Canada while you are on your trip and you have to come back home.
If you want the real Trip Cancellation/Trip Interruption insurance package from MBNA, you have to pay for it:
MBNA Comprehensive Travel Insurance Add-on