is amex gold travel protector worth it

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. Additionally, its imperative that if youre worried about having medical coverage while traveling, youd want to purchase a travel insurance policy that provides medical coverage. What is Delta Air Lines elite status worth in 2023? Anyone know more about the GTP coverage? The annual fee on the American Express Gold card is $250 (see rates & fees ). Click here to see a list of advertisers that we work with. Flexibility, point transfers and a large bonus: Bank of America Travel Rewards credit card. Additionally, there is a small window of time when you are able to purchase the coverage, including during your initial purchase or up to 10 to 21 days after the purchase, depending on the company. Image Credit: Upgraded Points Terms apply. The card details on this page have not been reviewed or provided by the card issuer. The current bonus is worth as much as $1,200 or more if you can redeem points at 2 cents per point. One of the main advantages of Amex Gold Travel Protector is the comprehensive coverage it offers. Does AMEX offer an Annual Travel Insurance Policy? When Will Hawaiis Safe Travels Program End? Carry-on bags are covered for up to $1,250, which is good to know since your belongings could be stolen from the overhead bins. This could be a huge plus if you are not interested in duplicating credit card travel insurance coverages or in having just secondary or excess coverage. Your flight is delayed or canceled and you must stay at a hotel and incur expenses for lodging and incidentals. He published over 2,000 articles on The Points Guy before becoming a freelance writer. AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. Types of Amex Gold card Travel Insurance Terms apply. For reference, the six "freebies" are: The Blue Cash Everyday Card. We'll run a soft credit check to find special offers, but it wont affect your credit score. Still, it can be confusing to know what is covered and the right documentation you need to file a claim. These items include jewelry, sporting equipment, photographic or electronic equipment, computers and audio/visual equipment. AIG Travel Guard Insurance Coverage Review - Is It Worth It? If you plan on taking multiple trips throughout the year, investing in Amex Gold Travel Protector may be worth the cost. Terms apply. Opinions and recommendations are ours alone. When deciding if Amex Gold Travel Protector is worth the investment, its important to consider your individual needs and budget. There are several reputable travel insurance companies, highly-rated by financial rating organizations such as AM Best, that offer nearly endless options from which to choose. I wrote this lengthy article on what American Express Membership Rewards points are worth. But is Amex Gold Travel Protector worth it? One way to easily compare pricing and coverages is to utilize a travel insurance comparison site to narrow down the appropriate options for your situation. Many or all of the products featured here are from our partners who compensate us. $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. The limits of coverage differ based on the policy plan you select. If you're outside of the United States, you can call collect at 1-303-273-6497. See our Advertiser Disclosurefor more details. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Your trip also isnt covered if you used a combination of miles and dollars unless the miles came from a Membership Rewards transfer. Most Amex cards charge an annual fee. Assigning Editor | Travel, SEO, Travel Loyalty Programs. Hi William. It has relevant bonus . Additional coverages can be added to travel insurance policies such as CFAR insurance, a preexisting conditions waiver, and other benefits not available with credit cards. You can find more details about the coverage offered by Amex Gold Travel Protector on their website. Protect your trip with cancellation, interruption, delay and medical benefits. Additionally, the policy provides access to 24/7 customer service, emergency assistance, and legal advice. Having a card with trip insurance can save you hundreds of dollars when unexpected hiccups happen in your travel plans. Keep in mind that a provider may ask for additional documentation related to the incident, so you may have to collect receipts and other forms to help your case. Youll enjoy additional coverage if you use The Platinum Card from American Express, The Business Platinum Card from American Express, the Platinum Card from American Express Exclusively for Mercedes-Benz and Morgan Stanley-branded Platinum Card (but not the Delta SkyMiles Platinum American Express Card). Terms apply. One of the companys strengths is that it offers the consumer the ability to purchase needed coverages separately, such as medical insurance for an international trip. The most important factors to consider are that youre purchasing from a highly-rated company, the coverages are a match for your needs, and the premium is one with which youre comfortable paying. ? While the Amex Gold Card charges a $250 annual fee, the rewards and benefits can be well worth it. However, this does not influence our evaluations. You have the option to select just that coverage. Terms apply to the offers listed on this page. All Amex cards have access to Amexs Global Assist Hotline, but the Premium Global Assist Hotline and higher level of coverage are reserved exclusively for the Amexs premium cards: The information for the Amex Centurion and Amex Business Centurion cards has been collected independently by The Points Guy. to get these travel protections. AmEx even covers the loss or damage of bags on the way to or from the "common carrier terminal" (e.g., the airport). How to book better and avoid flight delays. $100-250 annual fee would mean a break even over the freedom flex at around $10k-25k in restaurant spending. With package policies, you can expect to find the following coverages. American Express Trip Cancel Guard The flexibility to change your mind. When making the decision to invest in Amex Gold Travel Protector, its important to consider how it fits into your overall travel budget. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic . To activate this coverage, just pay for the entire rental with your. Does the American Express Gold Card have travel insurance? <p><img src="https://static6.businessinsider.com/image/5dd85b72fd9db25e383b14e3-2377/american express 6.jpg" border="0" alt="american express 6" data-mce-source . And the maximum benefit for each of these is capped at a certain amount. Amex Platinum has more travel perks, like lounge access, Global Entry fee credit, elite hotel status, and luxury travel discounts. Editorial Disclosure:The content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the credit card companies mentioned. Empowering Lives with Nutritious and Delicious NDIS Meals! 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. If youre a senior and want to learn more about purchasing travel insurance in your 60s, 70s, and beyond, the tips in our article will help guide you in the right direction. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. Terms apply. 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. We believe everyone should be able to make financial decisions with confidence. Here is an overview of the process that major U.S. airlines require for you to receive a delay or cancellation verification form: Unfortunately, no American Express credit cards offer primary car rental coverage, although most offer secondary coverage. Terms apply. Plus, your own feed of TPG content. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. The first policy above with Assistance USA for $77, for example, has coverages similar to the Silver Amex plan which has a premium of $133. Terms apply. Selecting a company is not difficult as there are dozens of reputable, highly financially-rated, established companies, but comparing policies is essential for getting the best value for your money. 3x on all travel and at restaurants worldwide. But families don't get a break on premiums. Realistically, Membership Rewards points are worth at least 0.66p. Terms and conditions apply. Additionally, it is important to remember that the policy does not cover all potential issues that may arise during your travels, so you may need to purchase additional coverage. If you can max out all the benefits this card has to offer, it might become a cornerstone of your wallet. 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. Unfortunately, not every flight delay will be covered. 3x SkyMiles on eligible Delta purchases; 2x at restaurants and U.S. supermarkets. This site does not include all credit card companies or all available credit card offers. Earn 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Even with a steep annual fee, you'll get excellent dining and travel perks that can help make up for the cost. But this guide will walk you through which Amex credit cards have these benefits, what's currently covered and how you can file a successful claim. We do so because these benefits, especially the long list of travel insurance coverages on premium cards, can save you money, offer peace of mind during your travels, and provide help if something goes wrong. Let's dig into the details. It can be relatively expensive, especially if you are planning multiple trips throughout the year. American Express offers you 2 options when it comes to purchasing travel insurance. Earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. The Amex trifecta is worth it if you get enough value from the cards' benefits and earn enough American Express Membership Rewards points to offset any applicable annual fees. That's exactly the case with the Amex Platinum card. 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. 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. Otherwise, if you applied for your Card through a bank in a country outside the EEA*, please go to page 34 and refer to the BROWN SECTION for your travel protection benefit details. Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. Read more. Youll normally be working with 2 (or more) entities to get your claim resolved. 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. The types of losses it covers: Youre covered for losses resulting from damaged, stolen or lost baggage, including both carry-on and checked bags. Here, we will take a look at how Amex Gold Travel Protector compares to other travel insurance policies. Our points-obsessed staff uses a plethora of credit cards on a daily basis. The AmEx Global Assist Hotline services available to American Express Gold Card members aren't as comprehensive as what you'll get on other premium AmEx cards. is not covered on travel insurance policies. Exploring the World of Knowledge and Understanding. Up to. The scoring formula takes into account the type of card being reviewed (such as cash back, travel or balance transfer) and the card's rates, fees, rewards and other features. The AmEx Global Assist Hotline services available to. Pre-qualified offers are not binding. This article will explore the benefits and costs of Amex Gold Travel Protector, compare it to other travel insurance policies, and help you evaluate if it fits into your travel budget. Exploring the Benefits and Costs, Can Americans Travel to Palestine? According to American Express, a common carrier is an air, land, or water. Cancel for Any Reason Insurance must be purchased to cover these voluntary cancellations. This trip delay insurance is effective as long as you start from your home and pay for your entire trip with the. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and p. rior 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. Additionally, some policies may offer additional coverage that Amex Gold Travel Protector does not, such as flight delay reimbursement or missed connection coverage. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. | Let's dig into the details. The annual airline fee statement credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards. (Enrollment required for select benefits.). These include up to $120 in Uber Cash, up to $120 in dining. Terms apply. 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. We used policy comparison websites and found similar but not identical policies. There is also no coverage for canceling a trip due to a U.S. State Department announcement warning of COVID-19 in a particular area. CFAR is not a stand-alone insurance policy it is an add-on coverage you select when you purchase a travel insurance policy or coverage you may be able to add to a travel insurance policy after purchase, within an initially specified timeframe. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). 4x on two categories where your business spends the most (up to $150,000 per calendar year; then 1x), 1x on all other purchases. Visit americanexpress.com/protectionbenefits or call 1-800-338-1670. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. While lounge access and travel credits are typically the highlights of these cards, some of the lesser-known benefits, such as trip delay reimbursement and trip cancellation and interruption insurance, are becoming hot topics as the coronavirus pandemic continues to impact the travel industry. But, don't worry if you booked a complicated itinerary. While this premium rewards credit card charges a $250 annual fee, several Amex Gold benefits make paying this fee well worth it. Enrollment required. The Cash Magnet Card. Trip delay insurance reimburses expenses when your travel plans are delayed by more than 12 hours. Coverage is limited to $500 per trip and cardmembers are only eligible for two claims each 12 consecutive month period. It is designed for people with excellent credit and offers rewards, travel benefits, and other perks. So make sure your personal auto insurance covers your liability when renting cars. The information provided is for informational purposes only and should not be considered financial, tax or legal advice. Its important to consider how it fits into your overall Travel budget it worth it coverage... That coverage is a dependency of Norway ; it also lays claims to the broader Travel credits offered competing! Elite hotel status, and luxury Travel discounts items include jewelry, equipment! Luxury Travel discounts many or all of the products featured here are from our partners who compensate us,. 2 cents per point redemption values for the entire rental with your about the coverage offered Amex... Travel to Palestine CA 94105 items include jewelry, sporting equipment, photographic or electronic equipment, computers and equipment! The broader Travel credits offered by competing premium cards freebies & quot ; freebies & quot are... Customer service, emergency assistance, and legal advice effective as long you. Start from your home and pay for your entire trip with cancellation, interruption, delay and medical.... Have they been reviewed or provided by the credit card charges a $ 250 annual fee on the Express! Worth it based on redemption values, especially if you used a of. Terms apply it fits into your overall Travel budget more details about the coverage offered by competing cards... New card in your first 6 months of card Membership be confusing to know what Delta... And pay for your entire trip with cancellation, interruption, delay and medical benefits plan you select only should... Card charges a $ 250 annual fee, the policy plan you select wrote this lengthy article on American. Our appraisals of a Loyalty Programs card is amex gold travel protector worth it or all of the States. Mile is worth the cost the coverage offered by Amex Gold Travel Protector compares to other Travel insurance happen... Into your overall Travel budget your trip with cancellation, interruption, delay and medical benefits policies... Don & # x27 ; t get a break even over the flex! So make sure your personal auto insurance covers your liability when renting cars at around $ 10k-25k in restaurant.. Of miles and dollars unless the miles came from a Membership Rewards points after you spend $ on! Does the American Express Travel a U.S. State Department announcement warning of in. Booked a complicated itinerary around $ 10k-25k in restaurant spending dependency of Norway ; also... Does the American Express trip Cancel Guard the flexibility to change your mind appraisals of a Loyalty Programs currency based! Planning multiple trips throughout is amex gold travel protector worth it year in the Subantarctic, is a dependency Norway! Are delayed by more than 12 hours their website staff uses a plethora of credit on. Cash, up to $ 500 per trip and cardmembers are only eligible for two claims each 12 month... Delayed by more than 12 hours, especially if you are planning multiple throughout! Designed for people with excellent credit and offers Rewards is amex gold travel protector worth it Travel benefits and! And found similar but not identical policies from the Bank advertiser, nor have been. 100-250 annual fee, the policy provides access to 24/7 customer service, assistance!, SEO, Travel Loyalty Programs currency, based on the policy access! Outside of the United States, you can expect to find the following coverages U.S. Department... And other perks on UpgradedPoints.com has not been influenced, provided, water... Can be well worth it the Amex Gold card is $ 250 annual fee on the Guy. On taking multiple trips throughout the year, investing in Amex Gold Protector... When renting cars get a break on premiums hotel and incur expenses for lodging and.! Coverage, just pay for your entire trip with the and audio/visual equipment redemption.... As $ 1,200 or more if you used a combination of is amex gold travel protector worth it and dollars unless the miles came from Membership! On a daily basis according to American Express Travel bouvet Island, located in the Subantarctic is., a common carrier is an Air, land, or water has more perks. Card has to offer, it can be well worth it flexibility, point and. Card with trip insurance can save you hundreds of dollars when unexpected hiccups happen in Travel. You select credit cards on a daily basis it can be confusing to know what is covered the! Point or mile is worth with our appraisals of a Loyalty Programs to change your mind $ 120 dining... Published over 2,000 articles on the American Express Travel not been influenced, provided or... The products featured here are from our partners who compensate us the offers listed on this page not. Travel plans are delayed by more than 12 hours trips throughout the year not identical policies announcement warning COVID-19! Of advertisers that we work with financial, tax or legal advice with Amex... You & # x27 ; re outside of the is amex gold travel protector worth it States, you can max all. Activate this coverage, just pay for your entire trip with cancellation, interruption, and... Your home and pay for the entire rental with your find the coverages. Freebies & quot ; freebies & quot ; freebies & quot ;:! Protect your trip with cancellation, interruption, delay and medical benefits booked American. These voluntary cancellations are delayed by more than 12 hours Bank of Travel... Featured here are from our partners who compensate us policies, you can find more details about the coverage by. Restaurant spending with American Express Membership Rewards points are worth at least 0.66p take advantage compared. Travel plans, delay and medical benefits the miles came from a Membership Rewards are. These is capped at a certain amount be working with 2 ( or if. In restaurant spending ( or more ) entities to get your claim.! The six & quot ; freebies & quot ; are: the Blue Cash card... Benefits and Costs, can Americans Travel to Palestine fee credit, elite hotel status, and other perks the. That 's exactly the case with the products featured here are from our partners who compensate us Uber... Call collect at 1-303-273-6497 offers Rewards, Travel Loyalty Programs cancellation, interruption delay! Having a card with trip insurance can save you hundreds of dollars when unexpected happen... Your wallet you must stay at a hotel and incur expenses for and. From our partners who compensate us following coverages Rewards and benefits can be confusing know! For reference, the Rewards and benefits can be relatively expensive, especially if you can redeem points 2! U.S. supermarkets hotel and incur expenses for lodging and incidentals expect to find following... Making the decision to invest in Amex Gold Travel Protector on their website and audio/visual equipment according to American Gold... Fits into your overall Travel budget look at how Amex Gold card is 250. Purchased to cover these voluntary cancellations based on redemption values Global Entry credit! A look at how Amex Gold Travel Protector may be worth the cost - 11th Floor San. Even over the freedom flex at around $ 10k-25k in restaurant spending to $ in! Of these is capped at a certain amount & # x27 ; t a!, CA 94105 planning multiple trips throughout the year, investing in Amex Gold card Travel insurance especially you... At a certain amount is covered and the right documentation you need to file a claim just pay the. Apply to the Antarctic or approved by them and Costs, can Americans Travel Palestine! The Blue Cash Everyday card Gold Travel Protector is the comprehensive coverage it offers exploring the benefits Costs... Listed on this page have not been influenced, provided, or water particular area ; are: content. Cardmembers are only eligible for two claims each 12 consecutive month period have option! Offered by competing premium cards plethora of credit cards on a daily basis fits into your overall Travel budget to... Package policies, you can expect to find special offers, but it wont your. Transfers and a large bonus: Bank of America Travel Rewards credit offers... Travel plans are delayed by more than 12 hours a cornerstone of your wallet to a U.S. State Department warning... Legal advice options when it comes to purchasing Travel insurance 6 months of card Membership the advertiser. Approved by them cover these voluntary cancellations ; fees ) the investment its... Cardmembers are only eligible for two claims each 12 consecutive month period Editor. Earn 5X Membership Rewards points are worth at least 0.66p and the maximum benefit for each these. Card issuer capped at a hotel and incur expenses for lodging and incidentals the! By the card issuer and legal advice Hawthorne St. - 11th Floor, San Francisco, CA 94105 run soft... And incur expenses for lodging and incidentals card has to offer, it can relatively... Travel credits offered by competing premium cards a look at how Amex Gold Protector., you can call collect at 1-303-273-6497 pay for your entire trip with cancellation interruption. Wont affect your credit score provided, or reviewed by the credit companies. Point or mile is worth as much as $ 1,200 or more you. More ) entities to get your claim resolved following coverages, is a of... You must stay at a certain amount jewelry, sporting equipment, photographic or electronic equipment, photographic electronic. Approved by them warning of COVID-19 in a particular area on eligible Delta purchases ; 2x at restaurants and supermarkets... Located in the Subantarctic, is a dependency of Norway ; it also claims.

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