The Best Credit Cards for Trip Cancellation and Interruption Coverage [2025]
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What Is Trip Cancellation and Trip Interruption Coverage?
Put simply, trip cancellation insurance reimburses you, your eligible family, or covered travel companions for non-refundable prepaid trip expenses if a covered loss prevents you from traveling and your trip is canceled as a result.
Trip interruption insurance offers coverage for unexpected events that happen during your trip and cause your trip to be disrupted.
Examples of Covered Events
- Bodily injury due to an accident, loss of life, or sickness of the cardholder, traveling companion, or immediate family member of yours or of a traveling companion
- Severe weather
- Change in military orders for you or your spouse/domestic partner
- Terrorist action or hijacking
- Jury duty or subpoena that cannot be postponed or waived
- Finding you or your traveling companion’s dwelling unable to be occupied
- Quarantine
- Travel agency insolvency
Examples of Covered Non-Refundable Expenses
- Prepaid tours
- Tickets on common carriers such as airlines, trains, bus, or cruise
- Non-refundable hotels
Generally Not Covered Events
- You are traveling against the advice of a doctor, while awaiting a specified medical treatment, or to receive medical treatment
- Traveling in the seventh month or later of pregnancy
- Traveling with a pre-existing medical condition
- Illegal acts while traveling
- Being involved in a motor vehicle race or speeding contest
- Participating in professional sports for pay or prize money
- Traveling on a rocket-propelled aircraft
- Self-injury
Several credit cards offer trip cancellation and trip interruption insurance, each with varying degrees of coverage.
Bottom Line: Having complimentary trip cancellation and trip interruption coverage on your credit card can save you from losing your hard-earned travel dollars by reimbursing you for non-refundable or unexpected expenses caused by trip cancellations or interruptions.
Card Summary
SCROLL FOR MORE
Card | Welcome Offer and Annual Fee | Earning Rates |
| Chase Sapphire Preferred® Card |
| 1x-5x pointsChase Sapphire Preferred® Card
|
| Chase Sapphire Reserve® |
| 1x-10x pointsChase Sapphire Reserve®
|
| Ink Business Preferred® Credit Card |
| 1x-3x pointsInk Business Preferred® Credit Card
|
| The World of Hyatt Credit Card |
| 1x-9x pointsThe World of Hyatt Credit Card
|
| IHG One Rewards Premier Credit Card |
| 3x-26x pointsIHG One Rewards Premier Credit Card
|
| The Platinum Card® from American Express |
| 1x-5x pointsThe Platinum Card® from American Express
|
| The Business Platinum Card® from American Express |
| 1x-5x pointsThe Business Platinum Card® from American Express
|
The Best Chase Credit Cards for Trip Cancellation and Trip Interruption Insurance
Chase is a leader when it comes to overall travel insurance coverage, specifically trip cancellation and trip interruption insurance. The issuer offers several cards with these valuable benefits.
Expect to receive the following benefit compensation levels for a covered travel incident, from these Chase credit cards:
Chase Sapphire Preferred® Card (Best Sub-$100 Annual Fee Card)
LAST CHANCE
Terms Apply / Rates & Fees
Apply Now(at Chase's secure site)100,000 pointsGood to Excellent
Terms Apply / Rates & Fees
U.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.
A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.
Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
$2,000
$95
19.99% - 28.24% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.
Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.
Pros & Cons
Pros
- 5x points on all travel booked via the Chase Travel portal
- 3x points on dining purchases, online grocery purchases, and select streaming services
- 2x points on all other travel worldwide
Cons
- $95 annual fee
- No elite benefits like airport lounge access or hotel elite status
Card Highlights
- Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- Member FDIC
Financial Snapshot
- APR: 19.99% - 28.24% Variable
- Foreign Transaction Fees: None
Rewards Center
If your trip is canceled for a covered reason, you or a covered immediate family member could be reimbursed for the non-refundable amount of your trip. The limit for each coverage is $10,000 per occurrence.
The maximum benefit under each separate coverage for trip cancellation and trip interruption is $20,000 per incident and $40,000 per 12-month period.
For more about the Chase Sapphire Preferred’s travel insurance, explore our in-depth guide.
Chase Sapphire Reserve® Card
Terms Apply / Rates & FeesU.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
Earn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
$1,200
$550
20.24% - 28.74% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve® is one of the best options out there.
The card combines elite travel benefits and perks like airport lounge access, with excellent point earning and redemption options. Plus it offers top-notch travel insurance protections to keep you covered whether you’re at home or on the road.
Don’t forget the $300 annual travel credit which really helps to reduce the annual fee!
Pros & Cons
Pros
- 10x total points on hotels and car rentals when you purchase travel through Chase TravelSM immediately after the first $300 is spent on travel purchases annually
- 5x points on airfare booked through Chase TravelSM
- 3x points on all other travel and dining purchases; 1x point on all other purchases
Cons
- $550 annual fee
- Does not offer any hotel elite status
Card Highlights
- Earn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
- Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel.
- 1:1 point transfer to leading airline and hotel loyalty programs
- Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $120 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance and more.
- Member FDIC
Financial Snapshot
- APR: 20.24% - 28.74% Variable
- Foreign Transaction Fees: None
Rewards Center
If your trip needs to be canceled or becomes interrupted due to a covered event, you could receive up to $10,000 per person / $20,000 per trip, up to $40,000 maximum within a 12 month period.
For more information, check out our complete guide to the Chase Sapphire Reserve card’s travel insurance benefits.
Ink Business Preferred® Credit Card
Terms Apply / Rates & FeesU.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠.
$1,800
$95
20.24% - 26.24% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
The Ink Business Preferred® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.
Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.
Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.
Pros & Cons
Pros
- 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
- Cell phone protection
- Purchase protection
Cons
- No elite travel benefits like airport lounge access
Card Highlights
- Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Round-the-clock monitoring for unusual credit card purchases
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Travel℠
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Member FDIC
Financial Snapshot
- APR: 20.24% - 26.24% Variable
- Foreign Transaction Fees: $0
Rewards Center
If a covered event causes your trip to be canceled or interrupted, you can expect to receive up to $5,000 per person, a maximum of $10,000 per occurrence, and no more than $20,000 total for a 12-month period.
The World of Hyatt Credit Card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The World of Hyatt card offers a fast track to Hyatt elite status, an annual free night, and up to 9x points per $1 on Hyatt stays.
The World of Hyatt card offers a fast track to Hyatt elite status, an annual free night, and up to 9x points per $1 on Hyatt stays.
Earn up to 60,000 Bonus Points. Earn 30,000 Bonus Points after you spend $3,000 on purchases in your first 3 months from account opening. Plus, up to 30,000 more Bonus Points by earning 2 Bonus Points total per $1 spent in the first 6 months from account opening on purchases that normally earn 1 Bonus Point, on up to $15,000 spent.
$900
$95
19.99% - 28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
The World of Hyatt Credit Card makes your Hyatt stays more rewarding and helps you get coveted World of Hyatt elite status faster. This card is a must-have for any traveler who regularly stays at Hyatt hotels, or even for anyone who’s able to take advantage of the card’s annual free night certificate.
When you factor in all the benefits the World of Hyatt card offers, it’s easy to see why it is one of the best co-branded hotel credit cards on the market.
Pros & Cons
Pros
- Up to 9 points total for Hyatt stays – 4 Bonus Points per $1 spent on qualified purchases at Hyatt hotels & up to 5 Base Points per $1 from Hyatt as a World of Hyatt member
- 2x points per $1 at restaurants, on airline tickets purchased directly from the airline, local transit, rideshares, and fitness clubs/gym memberships
- 1x point per $1 on all other purchases
Cons
- $95 annual fee
Card Highlights
- Earn up to 60,000 Bonus Points. Earn 30,000 Bonus Points after you spend $3,000 on purchases in your first 3 months from account opening. Plus, up to 30,000 more Bonus Points by earning 2 Bonus Points total per $1 spent in the first 6 months from account opening on purchases that normally earn 1 Bonus Point, on up to $15,000 spent.
- Enjoy complimentary World of Hyatt Discoverist status for as long as your account is open.
- Get 1 free night each year after your Cardmember anniversary at any Category 1-4 Hyatt hotel or resort
- Receive 5 tier qualifying night credits towards status after account opening, and each year after that for as long as your account is open
- Earn an extra free night at any Category 1-4 Hyatt hotel if you spend $15,000 in a calendar year
- Earn 2 qualifying night credits towards tier status every time you spend $5,000 on your card
- Earn up to 9 points total for Hyatt stays – 4 Bonus Points per $1 spent at Hyatt hotels & 5 Base Points per $1 from Hyatt as a World of Hyatt member
- Earn 2 Bonus Points per $1 spent at restaurants, on airline tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships
- Member FDIC
Financial Snapshot
- APR: 19.99% - 28.49% Variable
- Foreign Transaction Fees: None
Rewards Center
Coverage of up to $5,000 is provided per trip for non-recoverable travel expenses due to a covered loss.
IHG One Rewards Premier Credit Card
Terms Apply / Rates & FeesU.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The perfect card for IHG fans, offering a free night every year, automatic Platinum Elite status, and your fourth night free on award stays.
The perfect card for IHG fans, offering a free night every year, automatic Platinum Elite status, and your fourth night free on award stays.
Earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening.
$700
$99
19.99% - 28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
If you regularly visit IHG hotels throughout the year, then the IHG One Rewards Premier Credit Card is probably a perfect card to have in your wallet.
The IHG Premier card offers a great bundle of perks and benefits, including automatic Platinum elite status, an annual free night certificate, and travel protections.
Pros & Cons
Pros
- Up to 26x points per $1 on IHG stays
- 5x points per $1 spent on purchases on travel, at gas stations, and restaurants
- 3x points per $1 on all other purchases
Cons
- $99 annual fee
- Does not earn transferable points
Card Highlights
- Earn 140,000 Bonus Points
- Enjoy an Anniversary Free Night at IHG Hotels & Resorts. Plus, enjoy a fourth reward night free when you redeem points for a consecutive four-night IHG® hotel stay.
- Earn up to 26 total points per $1 spent when you stay at IHG Hotels & Resorts
- Earn 5 points per $1 spent on purchases on travel, at gas stations, and restaurants. Earn 3 points per $1 spent on all other purchases
- Automatic Platinum Elite status as long as you remain a Premier cardmember
- Global Entry, TSA PreCheck® or NEXUS Statement Credit of up to $120 every 4 years as reimbursement for the application fee charged to your card
- IHG One Rewards Bonus points are redeemable at Hotels & Resorts such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
- Member FDIC
Financial Snapshot
- APR: 19.99% - 28.49% Variable
- Foreign Transaction Fees: None
You could receive up to $5,000 per person, $10,000 per trip reimbursement for prepaid, non-refundable travel expenses.
Chase Trip Cancellation and Trip Interruption Insurance Coverage Details
Who is Covered?
You and your immediate family are covered for trip cancellation and trip interruption when even a portion of your trip is paid for with your qualifying card. You can also use Chase Ultimate Rewards points or a combination of paying with your card and points to receive coverage.
Chase has a broad definition of “immediate family.” The definition includes:
- Spouse
- Domestic partner
- Children (including adopted children and step-children)
- Legal guardians or wards
- Siblings or siblings-in-law
- Parents or parents-in-law
- Grandparents
- Grandchildren
- Nieces and nephews
- Aunts and uncles
You also do not need to be traveling with your family members for coverage to be valid. You must, however, have paid for a portion of the trip with your qualifying Chase card or Ultimate Rewards points.
Bottom Line: While coverage limits vary, the definition of a covered loss, which situations are excluded, and who is eligible for coverage, is consistent across these Chase credit cards.
Conditions for Valid Chase Coverage
- The trip must be paid for with your eligible Chase card and/or points accumulated with a Chase card
- The trip destination must be more than 1 mile from home for coverage
- The trip cannot exceed 60 days in duration
How To File a Claim With Chase
Most trip cancellation and trip interruption insurance is in excess over other coverage you might have, whether from a separate travel insurance policy you purchased or from compensation you received directly from the common carrier.
For example, if an airline pays for your hotel room, transport to the hotel, and meals due to a flight cancellation, your credit card coverage is only going to cover reimbursement for eligible expenses you incurred above what the carrier provided or for which they reimbursed you.
For this reason, some of the documentation you’ll need to submit will need to come from the common carrier. It’s best to be informed upfront, before you travel, of what may be required should you need to file a claim.
Call the benefits administrator as soon as you are aware of the trip cancellation or interruption. The administrator will take down the basic information and send you a claim form to complete.
Documentation You May Need To Provide
- Your completed claim form
- A copy of your travel itinerary
- Documentation of the reason for the trip cancellation or interruption
- Medical documents supporting a covered loss
- Copy of your credit card statement showing the charges for prepaid travel expenses
- Proof of other eligible expenses
- Copy of the carrier’s or travel provider’s refund or cancellation policy
You have 90 days to provide loss documentation but the deadline can be extended to 1 year if there is a valid reason the documentation could not be obtained within the 90 day period.
Chase states that it will pay the claim within 60 days after they have received all of the required documentation.
The Best Amex Cards for Trip Cancellation and Trip Interruption Insurance
Amex offers trip cancellation and trip interruption insurance on several of its premium cards.
You could receive a benefit of up to $10,000 per trip and a maximum of $20,000 per account per 12 month period for a covered loss.
Let’s look at which cards now offer this valuable coverage.
The Platinum Card® from American Express
BEST LOUNGE ACCESS
Terms Apply / Rates & FeesU.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.
Apply With Confidence
Know if you're approved with no credit score impact
If you're approved and accept this Card, your credit score may be impacted.
The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.
Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on the Card in your first 6 months of Card Membership.
Up to $1,760
$695
See Pay Over Time APR
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
When it comes to cards that offer top-notch benefits, you’d be hard-pressed to find a better card out there than The Platinum Card® from American Express.
Make no mistake — the Amex Platinum card is a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and tremendous value in annual statement credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.
Pros & Cons
Pros
- The best airport lounge access out of any card (by far) — enjoy access to over 1,400 worldwide lounges, including the luxurious Amex Centurion Lounges, Priority Pass lounges (enrollment required), Plaza Premium Lounges, and many more!
- 5x points per dollar spent on flights purchased directly with the airline or with AmexTravel.com (up to $500,000 per year)
- 5x points per dollar spent on prepaid hotels booked with AmexTravel.com
Cons
- $695 annual fee (rates and fees)
- Airline credit does not cover airfare (only incidentals like checked bags)
Card Highlights
- Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership.
- 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 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
- $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney+ bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
- With American Express Global Lounge Collection® eligible Card Members can enjoy access to over 1,400 airport lounges globally, including The Centurion® Lounge, Unlimited Delta Sky Club® Access when flying an eligible Delta flight, Escape Lounges, Lufthansa Lounges when flying Lufthansa Group, Plaza Premium, Priority Pass™ Select Lounges, & Additional Global Lounge Collection Partner Lounges subject to visit limitations. Lounges may have their own rules, like additional access rules and guest fees, and for Priority Pass Select, you need to enroll and there are unlimited airport lounge visits for Card Members. With Delta Sky Club Access, Card Members will receive 10 Visits to the Delta Sky Club to be used from February 1 until January 31 of the next calendar year and can unlock Unlimited Delta Sky Club Access by spending $75,000 in eligible purchases on their Card in a calendar year. To find a lounge, visit the membership section in the American Express® App or visit http://www.americanexpress.com/findalounge#/loungefinder.
- A Walmart+ membership can get you free shipping with no order minimum on eligible items shipped by Walmart. Use your Platinum Card® to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive one statement credit for up to $12.95 (plus applicable taxes. Plus Ups not eligible) each month. Free Shipping excludes most Marketplace items, freight & certain location surcharges. Paramount+ Essential plan only, separate registration required.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to your Platinum Card® Account. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.
- $200 Uber Cash: Platinum Card® Members can ride or dine in style with $15 in Uber Cash each month, plus a bonus $20 in December after adding their Card to their Uber account. Use your Uber Cash on rides and orders in the U.S. when you select an Amex Card for your transaction.
- $199 CLEAR® Plus Credit: CLEAR® Plus helps get you to your gate faster by using unique facial attributes to verify you are you at 50+ airports nationwide. Use the dedicated CLEAR Lane to confirm your identity without taking out your passport or ID – this can mean shorter lines, less waiting. Receive up to $199 in statement credits per calendar year after you pay for your CLEAR Plus Membership (subject to auto-renewal) with the Platinum Card®.
- Receive either a $120 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
- Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
- Use Global Dining Access by Resy to access premium dining experiences. Receive Priority Notify and unlock insider access to some of the world's most sought-after restaurants with Global Dining Access by Resy. Download the Resy iOS app or log into Resy.com and add your Platinum Card® to your Resy profile to take advantage of your special benefits and discover restaurants near you.
- $695 annual fee.¤
- Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
- Terms Apply.
Financial Snapshot
- APR: See Pay Over Time APR
- Foreign Transaction Fees: None
Rewards Center
The Business Platinum Card® from American Express
LIMITED TIME TRAVEL OFFER
Terms Apply / Rates & FeesApply Now(at Amex's secure site)150,000 points + $500 statement creditGood to Excellent
Terms Apply / Rates & FeesU.P. Rating
The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
Earn 150,000 Membership Rewards® points after you spend $20,000 on eligible purchases on your Business Platinum Card® within the first 3 months of Card Membership. Plus, earn a $500 statement credit after you spend $2,500 on qualifying flights booked directly with airlines or through American Express Travel with your Business Platinum Card® within the first 3 months of Card Membership. You can earn one or both of these offers. Offer ends 6/30/25.
Up to $3,800
$695
18.49% - 27.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Why We Like This Card
The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.
When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.
Pros & Cons
Pros
- 5x Membership Rewards points per $1 on flights, prepaid hotels, and short-term rentals and prepaid flight and hotel packages booked through Amex Travel
- Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection (as of 10/2024).
- Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (on up to $2 million per calendar year)
Cons
- High annual fee of $695 (rates & fees)
- Airline fee credit does not cover airfare, only incidentals like checked bags
Card Highlights
- Limited Time Travel Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 on eligible purchases on your Business Platinum Card® within the first 3 months of Card Membership. Plus, earn a $500 statement credit after you spend $2,500 on qualifying flights booked directly with airlines or through American Express Travel with your Business Platinum Card® within the first 3 months of Card Membership. You can earn one or both of these offers. Offer ends 6/30/25.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 10/2024.
- Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card®. Enrollment required.
- Fly like a pro with a $200 Airline Fee Credit. Select one qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.
- NEW! Make the Business Platinum Card® work even harder for you. Hilton For Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Benefit enrollment required.
- Earn 5X Membership Rewards® points for flights, prepaid hotels, and short-term rentals and prepaid flight + hotel packages booked at AmexTravel.com. 1X points on other eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- $199 CLEAR® Plus Credit: Use your card and get up to $199 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
- $695 Annual Fee.
- Terms Apply.
Financial Snapshot
- APR: 18.49% - 27.49% Variable
- Foreign Transaction Fees: None
Rewards Center
Amex Trip Cancellation and Trip Interruption Insurance Coverage Details
Amex trip cancellation coverage provides for the reimbursement of non-refundable expenses paid to the travel provider when a covered loss causes the cancellation of your trip.
Examples of potential covered losses causing you to cancel your trip would be illness, weather, jury duty, or a change in military orders.
Trip interruption coverage also reimburses for non-refundable expenses paid to the travel provider, plus it can also provide reimbursement for additional eligible transportation expenses.
Who Is Covered?
You, your family, and your traveling companions are covered when the eligible trip has been purchased with your card. Family is defined as a spouse, domestic partner, or unmarried dependent child up to age 19 (age 26 if full-time college/university student).
Conditions for Valid Amex Coverage
For coverage to be active, you must adhere to the following:
- Pay for your common carrier trip in full with your eligible Amex card or in combination with points accumulated on the card, frequent flyer miles, vouchers, or coupons
- The trip must be somewhere other than your place of residence
- The trip cannot exceed 365 days in length
- The period of travel can consist of round-trip, one-way, or combinations of the 2
How To File a Claim With Amex
The trip cancellation and trip interruption insurance on your applicable Amex card is secondary to any other travel insurance that may apply. For this reason, you’ll want to contact and file a claim with any existing insurance company first before filing a claim with Amex.
You must notify the Amex claim administrator within 60 days of the incident and provide any or all of the following:
- Copies of your common carrier ticket and travel supplier receipts
- Billing statement for your card showing the trip charges
- Documentation showing proof of the loss
- A copy of the travel supplier’s cancellation policy
- Other documentation requested by the claim administrator
You will have 180 days from the date of the loss to submit the required information.
Other Trip Protections and Benefits You Can Use
There are other travel protections and benefits that can save you money or provide assurance during your trip. Look for these protections and benefits on your current rewards credit card or one you’re considering.
Note that these are general, abbreviated descriptions of complimentary protections or benefits that may come with a given card. Coverage varies widely so you’ll want to check the particular card’s Guide to Benefits for limits, terms, and conditions.
Rental Car Collision Damage Waiver
Most travel cards carry some type of rental car insurance that covers theft of and damage to your rental car. Here’s our take on which cards provide the best rental car insurance coverage.
Trip Delay Insurance
Trip delay coverage reimburses you for incidentals should your trip be delayed. Cards that include trip delay coverage include the Chase Sapphire Preferred card, Chase Sapphire Reserve card, and Amex Platinum card.
Lost, Damaged, or Delayed Baggage Insurance
Get reimbursed for incidentals if your luggage is delayed or for damage/theft of your bags.
Emergency Evacuation Coverage
Premium travel rewards cards such as the Amex Platinum card, Chase Sapphire Reserve card, and The New United Club℠ Card have coverage for emergency evacuation transportation services.
Emergency Medical Coverage
Receive up to $2,500 reimbursement for emergency medical and dental with the Chase Sapphire Reserve card.
Bottom Line: Trip cancellation and trip interruption are 2 of the most valuable trip protections that come complimentary on several travel rewards cards. However, there are other travel benefits including rental car insurance, baggage insurance, emergency evacuation, and trip delay coverage that can be equally as useful. Try to select a card that has a package of trip benefits you find valuable.
For the trip cancellation and interruption insurance benefit of The Platinum Card® from American Express, the maximum benefit amount for trip cancellation and interruption insurance is $10,000 per covered trip and $20,000 per eligible card per 12 consecutive month period. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
For the trip cancellation and interruption insurance benefit of The Business Platinum Card® from American Express, the maximum benefit amount for trip cancellation and interruption insurance is $10,000 per covered trip and $20,000 per eligible card per 12 consecutive month period. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.