Get free travel insurance coverage throughout your trip when you charge to these credit cards!
Editor’s note: Credit card offers are subject to change. This article was last updated on 31 July 2019.
Travel insurance is the last thing you want to think about when you’re gearing up for that long-awaited holiday. Yet, should you happen to encounter a mishap or accident, having insurance protection will prove to be invaluable.
Luckily for us, some credit cards come with free travel insurance plan. All you have to do is to charge the full cost of your tickets or travel package to the card to qualify. It’s like getting free money in case something goes wrong during your trip (knock on wood).
We compared different credit cards in Singapore to find the ones with the best free travel insurance plans. But before we show you our recommendations, it helps to understand what your insurance coverage should include.
What Does Credit Card Travel Insurance Cover?
The travel insurance offered by your credit card covers 3 main areas. For each, you can claim up to a specified maximum amount.
Should you suffer an accident while overseas or in transit, your travel insurance may be able to pay you a pre-determined sum.
Usually, this amount is paid out in the event of death, or serious injuries with permanent effects such as loss of use of limbs or sight. Less serious injuries (eg, loss of digits or hearing), may qualify for a portion of the maximum coverage.
Overseas Emergency Medical Assistance
Some travel insurance plans also include overseas emergency medical assistance coverage, which is useful for covering hospital bills and medical services incurred overseas.
Note that this claim can only be made in the event of an accidental injury requiring medical treatment, emergency evacuation and/or repatriation. This means that you cannot make a claim should you need to visit the hospital because of illness or a pre-existing condition.
If you or an accompanying family member has a health issue that might require medical attention while overseas, you should get your own personal health insurance coverage.
Do not try to rely solely on your credit card travel insurance, as your claims will likely not be awarded.
Credit card travel insurance also covers you in the event of disruptions and inconveniences to your travel plans.
If you encounter a flight delay that causes you to miss your connecting flight, or if your luggage gets lost or delayed, you’ll have to spend extra money on accommodation and meals and buy replacement clothing, personal effects and other necessities.
Save your receipts if this should occur to help you make a claim – you could be reimbursed for part or all of the extra costs you incur.
Some travel insurance also covers you in the case of flight cancellations, or if medical conditions cause a delay in your travel plans.
Read more: 7 Steps for Faster Travel Insurance Claims
Which Credit Cards Offer Free Travel Insurance in Singapore?
|Credit Card||Best For…||Key Credit Card Benefits||Travel Insurance Coverage|
|DBS Altitude Visa Signature Card||Trendy Jetsetters||Up to 1.2 miles per S$1 spent in Singapore|
Up to 2 miles per S$1 spent overseas
|S$1,000,000 when you charge air tickets or travel packages in full to this card|
|Citi PremierMiles Visa Card||Slow But Steady Miles Earners||12 Citi Miles per S$1 spent on Kaligo|
7 Citi Miles per S$1 spent on Agoda
|Up to S$1,000,000 when you charge your travel tickets to this card|
|UOB PRVI Miles Visa Card||Globetrotting Spenders||2.4 miles per S$1 spent overseas|
3 miles per S$1 spent on Grab
6 miles per S$1 spent on Expedia and Agoda
10 miles per $1 spent on Kaligo
|S$500,000 when you charge your travel expenses to this card|
|Maybank Horizon Visa Signature Card||All-round Local Spenders||Up to 3.2 miles per S$1 spent in Singapore||S$1,000,000 when you charge air tickets or travel packages in full to this card|
For Trendy Jetsetters: DBS Altitude Visa Signature Card
The DBS Altitude Visa Signature Card gives you 1.2 miles and 2 miles per S$1 spent locally and overseas, respectively. Besides that, you earn a high 3 miles per S$1 spent on online flights (i.e. Cathay Pacific, Singapore Airlines, Qatar Airways etc) and overseas accommodation booked through sites like Airbnb, Agoda and Expedia.
The DBS Altitude Visa Signature Card is not only a great card to charge your holiday-related expenses on. Cardholders and spouses are also covered for up to S$1 million in the event of a travel accident, while children are covered for up to S$250,000.Their travel insurance coverage also includes terrorism and disappearance extensions, which are unique extensions not commonly included in travel insurance plans.
For Slow But Steady Miles Earners: Citi PremierMiles Visa Card
With Citibank cards, you earn Citi Miles – which, unlike regular miles, never expire. The regular earn rate is 1 Citi Mile per S$1 local spend and 2 Citi Miles per S$1 overseas spend in foreign currency (a key reason never to pay in SGD while swiping your card overseas).
But here’s the best part: the earn rate dramatically amps up to 12 Citi Miles per S$1 spent on Kaligo and 7 Citi Miles per S$1 spent on Agoda. This makes the Citi PremierMiles Visa Card a great card to use on booking your travel tickets and accommodation.
Enjoy travel insurance coverage of up to S$1,000,000 when you charge your full travel fare to your Citi PremierMiles Visa Card.
It covers medical expenses (including dental treatment) of up to $40,000 per traveller. Travellers are the principal or supplementary cardholder, and his/her accompanying legal spouse and children. In the event you need to be medically evacuated or repatriated, you will be covered for up to $100,000 per traveller.
Citi’s complimentary travel insurance also covers the costs of repatriation of mortal remains and will cover up to S$50,000 per traveller.
One thing to note, however, is that coverage for travel inconvenience is only applicable for the cardmember. These include:
- baggage loss ($500 per article up to $1,000)
- flight or baggage delay ($100 per 8 consecutive hours of delay up to $500 or $600 respectively)
- trip cancellation (up to $500)
For Global Spenders: UOB PRVI Miles Visa Card
The minimum spend and cap on miles earned at all times is an important consideration for miles card users. If that’s the case, then you’ll be glad to know that the UOB PRVI Miles Visa Card offers you not just that, but a fairly high 2.4 miles for every S$1 spent overseas and 1.4 miles for every S$1 spent locally.
It’s also a good card to use for your travel and accommodation bookings, because earn rates go up to:
- 6 miles per S$1 spent on Expedia and Agoda
- 10 miles per $1 spent on Kaligo
You’ll also enjoy 3 miles per S$1 spent on Grab, so this is a great card to use for heavy Grab-bers.
UOB PRVI Miles Visa Card’s travel insurance coverage covers only the cardholder, and only in the event of personal accident and emergency medical assistance (no travel inconveniences).
What’s more, provisions state that benefits for personal accident coverage can only be claimed in the event of Death or Permanent Total Disablement from gainful employment of any and every kind, which is a pretty high threshold.
If you’re looking for more comprehensive coverage, especially related to travel inconvenience, we highly recommend that you purchase a separate travel insurance policy for that.
For All-Round Local Spenders: Maybank Horizon Visa Signature Card
Besides that, you also earn 2 miles (5X TREATS points) per S$1 spent on flights, travel packages, and foreign currency transactions.
Travel accident insurance coverage of up to S$1,000,000 is available when you charge your full travel fares (including the fares of your spouse and dependent children under the age of 23) to your Maybank Credit Card.
You and your family members can also claim up to S$400 for expenses incurred (hotel accommodations, meals and refreshments) as a result of travel inconveniences like missed flight connections over 12 hours.
For luggage delay, you and your insured family members will be indemnified of up to S$400 for emergency purchases of essential clothing. Luggage loss claims can be made if your checked-in luggage is not delivered within 48 hours and you and your insured family members may claim up to S$1,000 for necessary purchases as a result of such a loss.
Maybank’s complimentary travel insurance also covers the costs of repatriation of mortal remains and will cover up to S$5,000 per person. Maybank Horizon Visa Signature Card’s travel coverage is a good option for you if you enjoy the attractive miles to dollar rate but still want to be assured of basic travel insurance when you travel overseas.
But wait! Before you go…
Apply for the right credit card or travel insurance this month of September on SingSaver to help you save on your next holiday. The right credit card earns you more miles or cashback when booking flights, hotels and spending overseas while the right travel insurance plan helps protect your holiday and gives you peace of mind. Every approved application earns you a chance to win $1,000 cash in our weekly lucky draw. 4 weeks, 4 chances to win!
Compare different travel insurance plans to find the best and most suitable coverage for you on your trip. Alternatively, check out our summary of Best Travel Insurance 2019 to check out which travel insurance plan you should consider based on your major concerns.
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