Travel insurance credit cards

Compare credit cards with complimentary insurance for domestic and overseas travel including your luggage and car rental.

By   |   Verified by David Boyd   |   Updated 8 Feb 2023

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business

Comparing travel insurance credit cards

Qantas Premier Platinum Credit Card

FeaturedApply by 29 March 2023

Qantas Premier Platinum Credit Card

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

No

Annual fee

$249.00 for 1st year

Highlights

  • Earn up to 80,000 bonus Qantas Points. Receive 60,000 bonus Qantas Points when you spend $3,000 or more on eligible purchases within 3 months from card approval. Plus an additional 20,000 bonus points if you have not earned Qantas Points with a credit card in the last 12 months. Terms and Conditions apply.
  • Enjoy 0% on Balance Transfer for 18 months with a 1% Balance Transfer fee. Reverts to Cash Advance rate, thereafter. No interest-free days apply on retail purchases while you have a balance transfer.
  • Save with the reduced annual fee of $249 p.a. for the first year. An ongoing annual fee of $299 p.a. applies in the 2nd year.

Pros

  • Earn up to 80,000 bonus Qantas Points when you meet the criteria.
  • 0% p.a. for 18 months on balance transfers.
  • Additional savings with the $249 first-year annual fee ($299 p.a. thereafter).
  • Comes with complimentary travel insurance.

Cons

  • There is a 1% balance transfer fee.
Bankwest Zero Platinum Mastercard

On website

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$0.00 p.a. ongoing

Highlights

  • No annual fee.
  • 0% p.a. for 34 months on balances transferred (2% balance transfer fee applies). Reverts to 14.99% p.a. thereafter.
  • No foreign transaction fees and complimentary international credit card travel insurance.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros

  • No annual fee to pay — ever.
  • Very long interest-free balance transfer offer.
  • No fees on purchases in a foreign currency.
  • Complimentary international travel insurance.

Cons

  • There is a 2% fee on balance transfers.
  • You can't earn rewards points.
American Express Explorer Credit Card

On website

New offerApply by 28 February 2023

American Express Explorer Credit Card

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$395.00 p.a. ongoing

Highlights

  • Receive 70,000 Bonus Membership Rewards Points when you apply by 28 February 2023, are approved, and spend $4,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • Receive a $400 Travel Credit each year towards any flights, hotels, and car hire when you book online with this card.
  • Includes complimentary domestic & international travel insurance.

Pros

  • The 70,000 bonus Membership Rewards Points when approved and reach spend requirement within the first 3 months.
  • Receive a $400 travel credit every year.
  • Earn 2 Membership Rewards points per $1 spent on purchases except for government bodies in Australia where you will earn 1 point per $1 spent (uncapped).
  • Get two complimentary entries per year to The Centurion® Lounge.

Cons

  • The $395 p.a. annual fee.
The Qantas American Express Premium Card

On website

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$249.00 p.a. ongoing

Highlights

  • Receive 30,000 bonus Qantas Points when you apply online, are approved and spend $3,000 in 3 months. New Amex Card Members only.
  • Relax with 2 complimentary Qantas Club invitations every year (conditions apply).
  • Complimentary domestic and international travel insurance.

Pros

  • 30,000 bonus Qantas points for signing up and hitting the spending target.
  • Earn points on your everyday spend. Also earns points at a reduced rate on government spend.
  • Give up to 4 of your friends and family a card — at no extra cost — to earn more points.
  • $450 Qantas Travel Credit, which is fairly easy to trigger with your first Qantas purchase each year.
  • Comes with complimentary card purchase cover and travel insurance.

Cons

  • There is an annual fee of $249.
  • The purchase rate is quite high, but can be avoided with responsible use.
  • No balance transfer facility.
NAB Qantas Rewards Signature Card

Interstate flight inconvenience

No

International travel insurance

Yes

Personal item theft cover

N/A

Annual fee

$295.00 for 1st year

Highlights

  • Earn up to 120,000 bonus Qantas Points. Receive 90,000 bonus points when you spend $3,000 in the first 60 days from account approval date and 30,000 bonus points when you keep your card open for over 12 months. Terms and conditions apply.
  • Enjoy 0% on balance transfers for 12 months with 3% Balance Transfer Fee.
  • Reduced first-year annual fee of $295 p.a. instead of $395 p.a. (saving you $100).

Pros

  • Complimentary Qantas Frequent Flyer membership fee valued at $99.50.
  • Six complimentary insurances when you make an eligible purchase.
  • Earn 1 Qantas Point per $1 spent on everyday purchases up to $5,000 per statement period then 0.05 pts per $1 spent thereafter (capped at $20,000).

Cons

  • Annual fee of $395 p.a. is quite high.
Westpac Altitude Black Credit Card (Altitude)

On website

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$150.00 for 1st year

Highlights

  • Receive 140,000 Altitude bonus points when you spend $6,000 on eligible purchases within 120 days of card approval. Exclusions apply
  • $150 p.a. annual fee for the first year ($250 p.a. annual fee thereafter).
  • Earn 6 Altitude points per $1 on Qantas, Jetstar, Singapore Airlines, and Emirates flights bought in Australia,, eligibility criteria apply.

Pros

  • 140,000 bonus Altitude Points when you spend $6,000 in 120 days.
  • Additional savings with the $150 first-year annual fee ($250 p.a. thereafter).
  • Earn 1.25 points per $1 spent on eligible purchases
  • Get 2 complimentary lounge passes each year with Priority Pass.

Cons

  • The high annual fee of $250 p.a. after the initial year.
Westpac Altitude Platinum Credit Card (Altitude)

On website

Interstate flight inconvenience

No

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$99.00 for 1st year

Highlights

  • Receive 100,000 Altitude bonus points when you spend $3,000 on eligible purchases within 90 days of card approval. Terms and conditions apply.
  • $99 p.a. annual fee for the first year ($150 p.a. annual fee thereafter).
  • Earn 3 Altitude points per $1 on Qantas and Jetstar flights bought in Australia, eligibility criteria apply.

Pros

  • 100,000 bonus Altitude Points when you spend $3,000 in 90 days.
  • Additional savings with the $99 first-year annual fee ($150 p.a. thereafter).
  • Comes with complimentary travel insurance.
  • Earn 1 Altitude point per $1 spent on eligible purchases.

Cons

  • Only up to 45 days interest-free on purchases.
  • Does not include lounge access.
Westpac Altitude Platinum Credit Card (Qantas)

On website

Interstate flight inconvenience

No

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$99.00 for 1st year

Highlights

  • Receive 70,000 bonus Qantas Points when you spend $4,000 on eligible purchases within 90 days of card approval. Terms and conditions apply.
  • $99 p.a. annual fee for the first year then $150 p.a. annual fee thereafter (Plus a $50 Qantas Rewards opt-in annual fee).
  • Earn 0.5 Qantas points per $1 spent on eligible purchases


From 1 January 2022, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. Bonus Qantas Points not included in the cap.


Pros

  • 70,000 bonus Qantas Points when you spend $4,000 in 90 days.
  • Additional savings with the $99 first-year annual fee ($150 p.a. thereafter).
  • Comes with complimentary insurance covers which include overseas medical and purchase security.

Cons

  • Only up to 45 days interest-free on purchases.
BankSA Amplify Signature Credit Card (Amplify)

Interstate flight inconvenience

No

International travel insurance

Yes

Personal item theft cover

No

Annual fee

$139.00 for 1st year

Highlights

  • Earn up to 150,000 Bonus Amplify Rewards Points over 2 years when you spend $12,000 on eligible purchases each year. Plus, receive a birthday points bonus of 10% of the points earned in the last 12 months.
  • 0% p.a. for 24 months on balance transfers with 1% balance transfer fee on amounts transferred.
  • $139 p.a. annual fee for the first year ($279 p.a. annual fee thereafter)

Pros

  • The 150,000 bonus Amplify Rewards Points.
  • 0% p.a. for 24 months on balance transfers.
  • Additional savings with the $139 first-year annual fee.
  • Includes complimentary overseas travel insurance for up to 6 months

Cons

  • There is a 1% balance transfer fee.
  • The annual fee reverts to $279 p.a. after the initial year.
Bank of Melbourne Amplify Platinum Credit Card (Qantas)

Interstate flight inconvenience

No

International travel insurance

Yes

Personal item theft cover

No

Annual fee

$49.00 for 1st year

Highlights

  • Earn up to 60,000 bonus Qantas Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% p.a. for 24 months on balance transfers with a 1% balance transfer fee. Reverts to cash advance rate.
  • $49 p.a. annual fee for the first year ($99 p.a. annual fee thereafter)
  • Earn 0.5 points per $1 spent (uncapped). Plus, get a complimentary Qantas membership fee. Saving you $99.50!


From 1 January 2022, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. Bonus Qantas Bonus Qantas Points not included in the cap.


Pros

  • The 60,000 bonus Qantas Points.
  • 0% p.a. for 24 months on balance transfers.
  • Complimentary travel and purchase insurance.

Cons

  • There is a 1% balance transfer fee.
  • Points earning rate of 0.5 points is lower than others.
St.George Amplify Platinum Credit Card (Qantas)

On website

Offer extendedApply by 30 June 2023

St.George Amplify Platinum Credit Card (Qantas)

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$99.00 p.a. ongoing

Highlights

  • Earn up to 60,000 bonus Qantas Points when you spend $3,000 on eligible purchases within 90 days from card approval. Exclusions apply.
  • 0% p.a. for 24 months on balance transfers with 1% balance transfer fee. Reverts to cash advance rate.
  • Earn 0.5 points per $1 spent (uncapped). Plus, get a complimentary Qantas membership fee. Saving you $99.50!

From 1 January 2022, earn 0.5 Qantas Points per $1 up to a maximum of $100,000 spent on eligible purchases annually. Bonus Qantas Bonus Qantas Points not included in the cap.


Pros

  • The 60,000 bonus Qantas Points.
  • 0% p.a. for 24 months on balance transfers.
  • Complimentary travel and purchase insurances.

Cons

  • There is a 1% balance transfer fee.
  • Points earning rate of 0.5 points is lower than others.
Bankwest Breeze Platinum Mastercard

On website

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$0.00 for 1st year

Highlights

  • Enjoy 0% p.a. on balance transfers for 15 months (0% BT fee, 9.90% p.a. thereafter).
  • 0% p.a. for 15 months on purchases (reverts to 9.90% p.a.)
  • First-year annual fee waiver. $69 p.a. thereafter.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros

  • 0% p.a. on balance transfers for 15 months.
  • 0% p.a. for 15 months on purchases.
  • First-year annual fee waiver. $69 p.a. thereafter.
  • No foreign transaction fees.

Cons

  • There is no rewards program on this card.
Bendigo Bank Qantas Platinum Credit Card

Interstate flight inconvenience

Yes

International travel insurance

Yes

Personal item theft cover

No

Annual fee

$149.00 p.a. ongoing

Highlights

  • Earn 0.6 Qantas Points per $1 spent.
  • 180 days of comprehensive travel insurance.
  • Includes extended warranty on covered purchases and 90-day purchase protection on stolen or accidentally damaged purchases (conditions apply).

Pros

  • Earn 0.6 Qantas Points per $1 spent.
  • Free Qantas Frequent Flyer membership.
  • 180 days of comprehensive travel insurance.
  • Up to 55 days interest-free.

Cons

  • There is no introductory balance transfer offer or purchase rate offer.
  • The 20,000 cap on reward earnings per statement period.
  • ATO spend does not earn points.
HSBC Platinum Credit Card Balance Transfer Offer

HSBC Platinum Credit Card Balance Transfer Offer

Interstate flight inconvenience

No

International travel insurance

Yes

Personal item theft cover

Yes

Annual fee

$29.00 for 1st year

Highlights

  • Enjoy 0% p.a. on balance transfers for 12 months with a 2% balance transfer fee.
  • Save with the reduced $29 p.a. annual fee for the first year ( $129 p.a. thereafter).
  • Earn 2 points per $1 spent on overseas eligible purchases; or 1 point per $1 spent for all other eligible purchases.

Pros

  • 0% p.a. on balance transfers for 12 months.
  • $29 p.a. annual fee for the first year.
  • Enjoy 2 airport lounge passes every year.
  • Includes complimentary travel and purchase protection insurance.

Cons

  • The balance transfer rate reverts to 21.99% p.a. after 12 months.
  • The 10,000 points cap per statement period.

Learn all about

  • Q&As

Do all credit cards have complimentary travel insurance cover?

No. The higher your annual fee, the more likely it is that your card will have travel insurance. Rewards points and frequent flyer points cards also tend to have travel insurance since many of the points redemption options involve travel. But cards with a lower, or zero, annual fee may not have any travel insurance benefits.

What is covered by my credit card travel insurance policy?

You will need to read the details in the product information booklet (either a printed copy or a downloaded PDF file) to find out exactly what is covered, and what the payout limits and conditions are. Some of the items commonly covered are:

  • Emergency medical expenses while travelling overseas
  • Loss, theft and damage cover for luggage and other personal belongings
  • Compensation for unavoidable trip cancellation or missed connections
  • Compensation for delay, e.g. delayed flights
  • Car rental insurance excess waiver (mostly while overseas only, but some policies cover this in Australia as well)
  • Accidental death or permanent disability, loss of income
  • Personal liability while travelling

Who is covered by my credit card travel insurance policy?

Again, this varies from card to card. The primary cardholder is invariably covered if there is a travel insurance policy in place. The vast majority of policies (but not all of them) also cover the cardholder’s spouse and children when accompanying the cardholder, provided the policy activation conditions have been met for all persons travelling. Many cards also have cover for supplementary cardholders, which means that a spouse who is a supplementary cardholder is still covered, and children accompanying the spouse are still covered, when travelling without the primary cardholder. Accompanying extended family members, such as parents or siblings, would not be covered (unless they were a supplementary cardholder). Check the product disclosure statement to find out what your particular policy covers.

What is the maximum trip length allowed on my credit card travel insurance policy?

Although there is usually no limit on the number of trips covered in any year, there is a limit on each trip’s duration. For trips within Australia there is often a 14-day limit, and the trip must involve interstate air travel. Overseas trip cover generally allows for longer periods of cover, from 30 days to as long as six months. Once again, the insurance information booklet or product disclosure statement will have more information about this.

How do I activate my credit card travel insurance policy?

Most credit card travel insurance policies have some kind of activation condition, involving travel spending using the credit card. For domestic travel insurance (interstate flight inconvenience cover) you will usually have to pay the airfares in full for everyone needing to be covered. Overseas travel policy activation normally has either the same airfare payment condition, or a target amount (e.g. $500) to be spent using the card for the trip’s prepaid expenses (fares, accommodation, tour or activity costs, etc.) before departure. Rewards and frequent flyer points cards sometimes accept activation where the airfares were purchased with points.

Is the credit card issuer also the insurer behind the policy?

No. The card issuer will have made a master agreement with an insurance underwriter (e.g. ACE, Allianz, QBE) to provide cover for its cardholders.

How do I make a claim against my credit card travel insurance policy?

You will need to make a claim directly with the insurance underwriter, although your card issuer’s service centre will usually help you to get in touch with them if you don’t have the contact details with you while travelling. But it is a good idea to take the policy and insurer contact details with you (or have them available on your mobile device). The insurance underwriter’s product disclosure statement will often provide a list of emergency contact telephone numbers for popular overseas destinations. If you need to make a claim but do not need financial, legal or practical assistance through the policy while you are away, you can wait until you return home before you contact the insurer. Retain any paperwork that you will need to support your claim, and don’t wait too long: there will be a time limit after your return during which you must make your claim.

What credit card travel insurance options are available for over 65's?

Complimentary travel insurance coverage and age restrictions vary between the credit cards that offer this insurance. The age limit ranges from 50 to 90 but you would usually be covered if you are under 80 years old.

For your quick reference, you can easily compare the insurance provider, maximum age limit and general restrictions below:

  • American Express (Chubb): Up to 79 (You must be under 80 years of age and in a good state of health and be fit to travel to be eligible for this cover).
  • ANZ (Allianz): Up to 80. To be eligible you must be 80 years of age or under on the day you activated cover.
  • Bankwest (Cover-More): Overall age limit is 79, if you have asthma it is under 60, and if you have diabetes or glucose intolerance, then it is under 50.
  • Bank of Melbourne (Allianz): Up to 80 (This cover is only available to persons up to and including 80 years of age).
  • Citi (Allianz): Up to 79. Limited cover is available for people aged 80 or over but may require further steps to activate and may attract a premium charge.
  • HSBC (Allianz): Age limit is not outlined in the policy document.
  • NAB (QBE): Up to 90. You must be 90 years of age or under before the date of departure for your trip. Note that you will not be covered if you have to return to Australia due to the unforeseen death, accidental injury or illness of a relative over 80 years of age.
  • St.George (Allianz): Up to 80. This cover is only available to persons up to and including 80 years of age.
  • Virgin Money (Allianz): Age limit is not outlined in the policy document.
  • Westpac (Allianz): Up to 80. This cover is only available to persons up to and including 80 years of age.