The American Express® Gold Rewards Card offers a wide range of travel insurance benefits, including out-of-province emergency medical insurance, flight delay insurance, baggage delay insurance, and hotel burglary insurance. With up to $500 in coverage for reasonable and necessary emergency purchases for essential clothing and sundry items purchased within four days of arrival at your destination, the card provides worldwide travel protection at no additional charge.
The American Express Gold Card also includes premium global assistance and a 24/7 travel hotline. However, the benefits are not as robust compared to other travel credit cards like The Platinum. To receive coverage, you must pay for the entire fare with an eligible American Express card or use Membership Rewards points to book tickets.
The AmEx Gold card provides baggage, car rental, and trip delay insurance alongside AmEx Global Assist services. However, Supplementary Card Members are not covered for travel insurance benefits. The insurance benefits are automatically available to you.
The Amex Gold card comes with trip delay insurance that provides up to $300 per trip for eligible expenses incurred after a 12-hour delay. Additionally, the Amex Gold card offers travel insurance benefits to protect your luggage and rental car while traveling. You can get AmEx travel insurance via your card or as a standalone policy. AmEx cards typically include coverage for trip delays, but the Amex Gold card offers a more comprehensive travel protection solution.
📹 American Express Platinum Card Travel Protections Explained!!!
Hey everyone! Welcome back to the series. In this video I explore the travel protections and benefits that are included in your …
What are the benefits of a gold visa card?
Visa Gold provides customers with the opportunity to make savings and enjoy complimentary benefits when making purchases and making lifestyle choices. BDO credit cards provide their cardholders with the opportunity to accrue savings on a daily basis, in the form of Peso Rewards. Travel insurance coverage is available up to the sum of ₱10 million. The initial enrollment fee is waived, and the program offers installation programs and secure online shopping, thereby enhancing the safety, convenience, and enjoyment of shopping.
What is gold travel insurance?
Your Gold account provides comprehensive family travel insurance, covering lost or delayed baggage, lost money, damaged passports/licenses, cancellations, travel delays, missed connections, public transport failures, medical expenses, personal accidents, hospital benefits, personal liability, overseas legal advice, winter sports cover, and Gold cover. For more information, visit the Gold account webpage or read the travel insurance guide.
Do credit cards automatically have travel insurance?
Credit card travel insurance is a benefit often included with travel rewards credit cards, such as the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or The Platinum Card® from American Express. It covers various incidents that may impact your trip, allowing you to be reimbursed for all or a portion of related expenses. The coverage varies by card, and may include trip interruption or cancellation, trip delays, baggage delays, damaged or lost luggage, illness or injury, rental car accident or loss, emergency support, and emergency medical evacuation protection.
Trip interruption or cancellation coverage protects you if your travels are interrupted or canceled due to covered reasons, such as illness or severe weather. Trip delays cover you if your flight is delayed and you must pay for meals or lodging. Baggage delays reimburse you for essential items, while damaged or lost luggage covers associated costs. Illness or injury coverage reimburses you for healthcare costs if you get sick or injured during your trip. Rental car accident or loss coverage reimburses you for loss or damages. Emergency support coverage can protect you if you need to be transported by ambulance to the nearest hospital.
Does American Express Gold have trip protection?
The Gold Rewards Card offers coverage for loss or damage to checked-in or carry-on baggage and personal effects in transit for up to $500 per trip for all insured persons. If a trip is canceled, the non-refundable and non-transferable portion of travel arrangements can be reimbursed for up to $1, 500 per insured person, per trip, up to $3, 000 for all insured persons combined. Additionally, the card provides coverage for theft, loss, and damage to rental cars with an MSRP of up to $85, 000 for rentals of 48 days or less. To take advantage of this protection, decline the Collision Damage Waiver or Loss Damage Waiver offered by the car rental agency.
Do you get travel insurance with American Express card?
American Express® Card offers travel benefits such as Travel Emergency Assistance, Travel Accident Insurance, and Flight Delay Insurance. However, in case of sudden medical emergencies outside your home province or territory, your provincial health plan may only cover a portion of the costs, leaving you responsible for the rest. Travel Medical Insurance can cover eligible expenses above and beyond your provincial health plan. It is recommended to purchase travel insurance before traveling outside your home province or territory to protect in case of a medical emergency.
If you plan to pre-pay for travel arrangements, consider purchasing trip cancellation/trip interruption coverage to protect your investment. Travel insurance can cover up to 365 days, provided you obtain written permission from the provincial government to maintain coverage beyond the regular maximum.
How do I know if my card has travel insurance?
To determine if your credit card has travel insurance, check your cardholder benefits guide, visit the card provider’s website, or call their customer service number. Not all credit cards have travel insurance, with higher-tier cards offering more comprehensive coverage. It depends on your coverage needs and whether you meet the requirements for the insurance provided with your card. Some credit cards only offer certain types of travel insurance, such as flight delay insurance but not emergency medical insurance. To understand your coverage, read your card’s certificate of insurance carefully and consider your coverage needs before embarking on a trip.
Do you get free travel insurance with Amex Gold?
The insurance policy provides coverage for a number of contingencies, including purchase protection, refund protection, travel inconvenience, and travel accident insurance for cardholders, supplementary cardholders, their partners, spouses, and dependent children under the age of 23.
Is Amex Gold good for international travel?
American Express does not charge foreign transaction fees for purchases made outside the United States. Users can access various credit cards, including travel, cash back, and no annual fee options. They can also book trips, hotels, resorts, international airline programs, cruise privileges programs, and manage their trips using arrow keys and tabs. Credit Intel offers a financial education center.
What benefits with Amex Gold?
The American Express® Gold Card offers cardholders the opportunity to earn bonus points on food-related purchases, as well as dining and travel credits. Furthermore, the card is transferable to travel partners. The card offers enhanced rewards for dining out, dining in, and grocery shopping, as well as supplementary benefits related to air travel and other perks. By maximizing the utilization of this credit card, it is possible to offset the annual fee of $325.
Does AmEx provide ticket insurance?
AmEx offers various levels of trip insurance, with high-end cards like The Platinum Card® providing the best benefits, including trip cancellation travel insurance. American Express is known for its generous benefits, including statement credits, elevated earnings on dining or hotel elite status, and travel insurance. AmEx trip cancellation insurance covers the cost of a trip, including cancellation fees, if the travel is canceled due to unforeseen circumstances.
Is American Express Gold good for travel?
The American Express® Gold Card is a premier travel rewards card offering a multitude of dining and travel benefits, making it an attractive option for high-income individuals with a $325 annual fee. The card offers excellent everyday categories and monthly credits, which makes it a leading option for those with a penchant for culinary experiences.
📹 Amex Gold Card – 10 Things You MUST DO
In this video, we’re looking at all Amex Gold Card benefits and what you must do to get the most value from my favorite credit card …
While this isn’t a new tip, but If you eat out with friends every now and then, I pay the whole bill and have them send me money accordingly. Recently we had AYCE Sushi and the bill came to about $390. At 4x points that’s 1,560 points! I do this with groceries with my siblings as well so you can really take advantage of the 4x multiplier. Making points hasn’t been easier and this card has been a blast to use!
The Amex Gold card is definitely a card that I am seriously considering as my next card. I probably won’t apply for the Gold card until sometime in 2024 because I am getting 5% cash back on groceries with my CFU card until November. I’ve determined that spending $4,000 over the course of 6 months is attainable for me because I easily spend at least $667 per month across all my cards . My utilities, car insurance, and cell phone bills together come to pretty close the $667. When I do get a new credit card, I often use a spreadsheet to keep track of my spending toward the signup bonus. I used the spreadsheet when I got my Citi Custom Cash card late last year and my Hilton Honors card earlier this year. For some reason, the tracker that Citi has wasn’t working in my account. Anyway, I could definitely benefit from the Grub hub and Uber Eats credits every month. The Amex offers are also a nice feature on the Amex cards. I’ve already used some of the offers on my Hilton Honors card. Great article, Daniel! This article was definitely thorough in going over the many benefits of this card.
Dude I’m so stoked to see that silver play button added to your set.100k here we come!!! 🔥 As for the Gold card, there are so many ways to earn extra value back from it, but as I’m sure you agree, it’s so important to make sure that you’ll get positive value from this card every year naturally BEFORE you apply for it. Great article as always Daniel!
I’ve been trying to understand the appeal of this card for the average consumer, given the time I’ve spent assessing its benefits. I even receive a $100 discount through my employer due to my existing AMEX corporate card, but still can’t find the appeal. I am a military veteran, no longer active duty.. so the full credit is not given. It’s a good benefit, but as soon as you lose your active duty status.. you go straight into annual fees, and there is no free program swap from the Amex Gold card (Similar to downgrading/program swapping from the Chase Sapphire to a Freedom Unlimited/Flex). You have to close the account if you no longer want to pay those annual fees. Not ideal. From my observations, rates offered by travel partners on the Chase/AMEX portals often match or exceed the prices on the travel partner direct websites. So in many instances, there’s a loss in value. It’s tough to unearth significant benefits for an average cardholder. I wouldn’t mind hoarding all of my AMEX points if the trade-in value were unbeatable. However, currently, as a typical cardholder, you’re essentially paying $250 just for card ownership. Where’s the value when a large chunk of your earnings goes towards the annual fee? Let’s draw a comparison to some no-annual-fee cards: For Restaurants (AMEX offers 3x back): – Numerous banks such as Chase, Bilt, Wells Fargo, CapOne, Bank of America, and US Bank offer cards with at least 3% returns on dining with zero annual fees. For instance, the US Bank Altitude GO provides 4x back on dining without any annual fee, and the Citi Custom Cash offers 5% back (maximum $500 each billing cycle)!
Hi Daniel ! Just hoping you could answer a question for me . I recently got the chase sapphire preferred card . Looking to get my next card but not exactly sure which route to take. Mainly looking to maximize travel rewards as I’m wanting to travel more . Should I first complete the chase trifecta with the freedom unlimited and freedom flex . Or jump into a different card like Amex gold or Venture X . And if so what order should I go in . I’d also like to get the BILT for my $2000 rent payment .
Hi Daniel, I’ve recently started my credit card journey and your articles have been super helpful. I may have missed this but in regards to credit utilization, if I go over 30% of my credit limit which supposedly is bad but I pay it down to 1% before the billing cycle ends, my credit score won’t be effected negatively right.
Awesome article man. I had a question about the welcome bonus offer (mine is 90k after spending 6k in first 6 months). Once you hit the spending threshold, how long does it realistically take for the bonus points to hit your account? I know Amex tells you 8-12 week, but I’ve seen many people online saying it’s usually just the next billing cycle. Or even a few days later.
I know this is off topic from the main article but I have a question Daniel! I’m thinking of having the Chase trifecta and Citi trifecta. Chase for travel, Citi for cash back. Is this a good setup? I’m not really comfortable with Amex yet considering the annual fees and such. You’re my go to website when it comes to credit cards, you’ve inspired me to start my credit journey. Thank you for all you do 🙏
Hey! To anyone who can answer I spoke to Amex asking if waiting for the due date to pat the bill with auto pay hurt my credit if I carry a decent balance on the card past the statement date… the person from Amex said it should never hurt you as long as you pay your bill monthly… this obv is different then normal credit cards correct because they send your “usage” reports to credit on statement dates correct ? Even if you pay on time (due date) you will still be hurt techbically.. is Amex different ?! Thx
So I have an Amex corporate card, thinking of applying for Amex gold and platinum. When I use the Amex eligibility link, the sign-up bonuses aren’t that great. Would you recommend that I apply for Amex gold and platinum with better sign-up bonuses first, then notify Amex that I have a corporate card and would like to get the personal card annual credits?
AMEX just sent me a 90k SUB in the mail today for the gold card. I personally wont benefit from the dining credits, but may get benefit from the Uber credits. I feel like 90k. points is too good to pass up. Would it be a “waste” to sign up, get/use the 90k points, and then down grade before the next annual fee hits in 2024?
Does anyone know which restaurants don’t upcharge on Uber Eats and Grubhub? I know Chipotle is one but all the other restaurants I’ve seen increase prices by a few dollars on Uber Eats or Grubhub versus the cost on the restaurant’s website directly. I’m not talking about delivery fee I mean even when it is set to pickup.
careful for uber charging your uber wallet cash for a uber one membership. I personally use my capital one card for a free uber one membership every month. Uber, will try to sometimes charge my FREE AMEX cash, rendering the credit for an uberone membership nullnvoid. I’ve had to start a support ticket twice. And this is with me intentionally and deliberately setting my capitalone card as the primary membershi( payment method. Be careful and keep a look out.
Must be boring, since COVID times ended, no new benefits were added, at all, no improvements, at all. Was hoping that something new is out there, but no, same old. Credits sound good, but UberEATS $10 is nothing, not even 1 plate. UberEATS might work if you have platinum, or 2nd player card, you can combine. Dining credits don’t work this way. I have mixed feelings about this card, I have a hard time understanding when someone so fond of this card. Can name at least 3 better and much cheaper cards for the same categories, I am sure you can too. Make a article on how to substitute this card, compare, let viewers decide which card is better. It will be informative, interesting and new.