In a Nutshell
Credit cards with trip cancellation insurance may reimburse you for prepaid, nonrefundable expenses like airfare and hotel reservations if you experience a covered event — such as getting sick or having your travel plans canceled because of severe weather. We’ve rounded up the best credit cards offering this benefit.When you’re traveling, it pays to have a credit card with trip cancellation insurance.
Trip cancellation insurance is a type of travel insurance that reimburses you for prepaid, nonrefundable reservations — like airline tickets, hotel reservations and guided tours — when your trip is canceled for a covered reason.
For example, if you get sick before your trip and the doctor says you can’t travel, or if your travel plans are canceled because of severe weather, you might be covered under your credit card’s trip cancellation policy.
Let’s take a look at our picks for the best credit cards with trip cancellation insurance.
How we picked the best credit cards with trip cancellation insurance
To find the best credit cards with trip cancellation insurance, we started by looking at popular travel cards. From there, we considered the trip cancellation insurance coverage limits, events that may — or may not — be covered, and any additional types of travel insurance coverage that come with the card.
How to make the most of cards with trip cancellation insurance
As with other card features, be sure to familiarize yourself with the trip cancellation insurance policy of the card you’re considering. Read the fine print to see what is and isn’t covered, coverage limits and whether the policy might reimburse anyone else’s travel expenses that you paid for with your card. Check out our article on trip cancellation insurance to learn more about this type of coverage.
*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the card shown, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.