A Complete Guide to Chase Credit Card Benefits


Chase credit cards that offer price protection

Price protection was eliminated as one of the Chase credit card benefits as of Aug. 26, 2018. If this is a benefit you’re interested in, some Citi credit cards still offer limited price protection.

Chase credit cards that offer trip cancellation/interruption insurance

Many travelers purchase pricey travel insurance plans to cover unforeseen cancellations or trip interruptions without realizing that they may already have coverage. The best Chase travel credit cards, such as the Chase Sapphire cards, offer some level of trip cancellation/interruption insurance as part of their Chase credit card benefits. No-annual-fee credit cards with slimmer Chase credit card benefits typically don’t include trip cancellation/interruption insurance. 

Assuming you have an eligible reason, trip cancellation insurance gives protection in case you have to cancel your travels before your trip. It will reimburse any non-refundable, prepaid expenses, such as hotel reservations or flight tickets. Trip interruption covers you if your trip is interrupted by a qualifying event. It reimburses the portion of your trip you were unable to complete.

Eligible reasons for trip cancellation or interruption include accidental injury, illness, or the death of you or a family member, severe weather, terrorist action, uninhabitable accommodation, quarantine imposed by a medical professional, and a change in military orders.

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Chase’s cash back credit cards, such as the Chase Freedom Flex℠ and Chase Freedom Unlimited®, offer a relatively lower protection limit of $1,500 per person and $6,000 total for everyone on the trip. This makes the Chase Freedom cards a great option for folks who want some travel protection but prefer cash back rewards to Ultimate Rewards points. If you want more robust travel protections, most of Chase’s main travel credit cards — the Chase Sapphire Preferred® Card, the Chase Sapphire Reserve®, and the United Club℠ Infinite Card — provide up to $10,000 per person or $20,000 per trip in trip cancellation or interruption insurance. The Chase Ink Business Preferred℠ Credit Card also comes with decent trip insurance — up to $5,000 per person or $10,000 per trip. Either way, this is secondary insurance, meaning any travel insurance you’ve purchased will kick in first. 

Learn more: A guide to Chase Freedom card benefits

Chase credit cards that offer baggage delay and lost baggage benefits

It can be difficult to get a reasonable reimbursement from an airline when your baggage is delayed or lost. If your bags are lost or delayed and you have to purchase items like toiletries and clothing, the Chase credit card benefits may get you a fairer reimbursement.

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You will have to file a claim with the airline first. After that, most Chase travel credit cards will cover anything the airline and your travel insurance won’t, up to a certain limit. That limit depends on the credit card you have, but it’s usually a reimbursement for essential items of up to $100 per day for up to three or five days if your baggage is delayed. If it’s lost, you can be reimbursed for the value of your belongings, up to $3,000 per person.

The best Chase credit cards for baggage delay insurance are The Ritz-Carlton Rewards Credit Card®, the Chase Sapphire Preferred® Card, the Chase Sapphire Reserve®, the The World of Hyatt Credit Card, and the Chase Ink Business Preferred℠ Credit Card. These credit cards reimburse up to $100 per day for essential items for up to five days.

The best Chase credit cards for travel benefits and purchase protection

While all the issuer’s cards come with Chase credit card benefits, the cards differ on their exact coverage. Chase’s travel credit cards, like the Chase Sapphire Preferred® Card card, reward spending on travel — with bonus categories like travel and dining — and offer more travel-related benefits. Their premium credit cards with high annual fees, such as the Chase Sapphire Reserve®, also reward travel spending and usually offer the highest coverage limits. If you travel often enough, an annual fee can be worth it for better coverage and the chance to earn Chase Ultimate Rewards points at a faster rate.

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If you’re searching for the best Chase card for you, the table below compares the Chase credit card benefits offered by some of the best Chase credit cards.


View more information: https://www.fool.com/the-ascent/credit-cards/chase-credit-card-benefits/

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