How does Capital One Quicksilver travel insurance work?

Capital One credit card travel insurance covers car rentals and lost, damaged, or stolen luggage. It also covers you for death and injury when you travel as a passenger. You’re covered only if you make your travel purchases with a Capital One card.

Benefit availability and coverage limits vary among Capital One cards. Benefits may also differ depending on whether your Capital One card is on the Mastercard or Visa network. If you have a Capital One Visa Signature card, you’ll enjoy benefits such as travel concierge service, roadside assistance, and other travel perks in addition to what your Capital One card offers. Refer to your card’s Guide to Benefits for details.… read full answer

Here are the Capital One credit card travel insurance benefits:

• Car rental insurance. Covered for damage and theft for up to 31 days when you purchase the entire rental on your Capital One card. Must also decline the rental agency’s insurance. Coverage includes towing to the nearest body repair shop. Covers most cars up to the full cash value. Vehicles not covered include, but not limited to trucks, motorcycles, RVs and luxury vehicles.
• Travel accident insurance. Covers the cardholder and immediate family up to $250,000 if a travel accident causes death or dismemberment. Must pay for travel fare with a Capital One Visa Signature card to be covered. Policy covers accidents while traveling on a “common carrier.” Includes airplanes, trains, boats, buses, and other motorized vehicles or crafts.
• Lost luggage reimbursement. Checked or carry-on luggage is covered up to $3,000 if lost, damaged, or stolen. Covered only for fares purchases with an eligible Capital One card. Items not covered include, but not limited to money and credit cards; eyeglasses and contact lenses; artwork; cell phones; and motor vehicles, equipment, and accessories.

Capital One credit card travel insurance can save you hundreds, if not thousands of dollars if an unforeseen event occurs while you’re traveling. Familiarize yourself with the terms of your benefits and confirm that you’re covered before you pay.

The best Capital One Quicksilver credit card benefits are travel accident insurance and extended warranty coverage, along with its $0 annual fee and cash back rewards. The Capital One Quicksilver card also has identity theft protection and $0 fraud liability, which are more common perks across Capital One credit cards.

Capital One Quicksilver Credit Card Benefits

• Initial bonus: The Capital One Quicksilver card offers $200 for spending $500 in the first 3 months.
• Ongoing rewards: You earn 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases.
• Travel accident insurance: Covers you along with your spouse and any unmarried children up to a certain amount in the event of death and several qualifying permanent injuries. Travel fare(s) must be booked with your Capital One Quicksilver card.
• Baggage Delay Reimbursement: You get reimbursed up to $100 per day, for three days, when your bags are delayed for more than four hours at a destination other than your primary residence.
• Extended warranty: The Capital One Quicksilver extended warranty policy will lengthen the original manufacturer’s warranty by up to 2 extra years for warranties of 2 years or less. The maximum coverage amount per item is $10,000 ($50,000 per cardholder).
• Identity theft protection: Capital One offers a free credit monitoring service and identity protection tool called CreditWise. This service will send you email alerts when there’s important activity on your credit report like a hard credit inquiry or a new credit card account.
• $0 fraud liability: Capital One Quicksilver provides $0 fraud liability if your card is lost or stolen. That means you’re not responsible for any unauthorized purchases made with your card.
• Price protection: With price protection, you can be reimbursed for the difference in the cost of an item, up to $250 per claim, if you see it advertised at a lower price within 120 days from the date that you purchased it with Capital One Quicksilver. You can make a maximum of four claims within a 12-month period.
• Roadside assistance: Capital One Quicksilver roadside assistance gives you 24/7 access to a wide range of services whenever your vehicle breaks down.
• Rental car insurance: Covers you and eligible authorized drivers for physical damage, theft, towing and loss-of-use charges. The rental must be charged to the Capital One Quicksilver card, and the rental period must not exceed 31 consecutive days.
• Concierge services: You can contact the concierge service by calling the number you see in the card benefits guide to ask for help with nearly anything, from travel and purchase assistance to directions and restaurant reservations.
• Virtual card numbers: You can get a Capital One Quicksilver virtual credit card number by adding the Capital One Eno extension to your browser. Once installed, log in to your account and enroll with Capital One Quicksilver. With a virtual card number, you can make online purchases with increased protection against credit card fraud.
• Intro APR: There is an intro APR of 0% for 15 months on both purchases and balance transfers. The card’s regular APR is 19.24% - 29.24% (V). There is also a balance transfer fee of 3%.
• Annual fee: The Capital One Quicksilver card’s annual fee is $0.
• Foreign transaction fee: The card does not charge foreign transaction fees.

As you can see, the Capital One Quicksilver card is a great all-around credit card with low fees, intro APR offers, and a pretty straightforward rewards structure. With 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases, you don’t have to worry about rotating bonus categories, earnings limits or other rewards trickery.

Capital One Quicksilver Rewards

The Capital One Quicksilver credit card is a very good everyday rewards card that’s worth adding to your wallet. Keep in mind that you need to have at least good credit to get approved for this card. You can check your credit score for free on WalletHub to see where you stand. Capital One will also review your overall credit history, income, and existing debt load, among other factors.

To learn more about the Capital One Quicksilver credit card, check out WalletHub’s full review.

The Capital One Quicksilver purchase protection benefit covers eligible items against damage and theft for 90 days after the purchase date. In order to qualify, pay for your purchase entirely with your Capital One Quicksilver card.

Capital One Quicksilver purchase protection replaces, repairs or reimburses you up to the original purchase price, but not exceeding a pre-determined amount per claim.… read full answer

Here’s how the Capital One Quicksilver purchase protection benefit works:

• What it is: Purchase protection or "purchase security" replaces, repairs or reimburses you for eligible items purchased entirely with your Capital One Quicksilver card against theft or damage within the first 90 days of the purchase date.
• How much is covered: Coverage is up to the stolen/damaged item, or up to a pre-determined amount per purchase, whichever is less. Capital One Quicksilver is issued as a Mastercard, but networks change often and there are both VISA and Mastercard versions of the card. You can check the full amounts covered for both VISA and Mastercard.
• What is covered: Eligible purchases include items damaged due to fire, explosion, vandalism, vehicles, accidental discharge of water, theft, or sudden accidental damage from electric current.
• What is not covered: Excluded items include animals and living plants, boats, automobiles, aircraft, items purchased for resale, professional or commercial use, medical equipment, and perishable items. Theft from motorized vehicles I also not covered.
• How to file a claim: If your Capital One Quicksilver is a Mastercard, call your Benefit Administrator at (888) 531-4227 within 60 days of the theft or damage. For VISAs, call (820) 553-4820 within the same time frame. If your purchase is stolen or damaged, make sure to also file a police report within 48 hours of the occurrence. You will be given a claim form which you will have to complete and return along with other requested documents, within 180 days of the incident for Mastercard and 90 days for VISA. Alternatively, you can also file a claim through Card Benefit Services. In the event of damaged items, you may be asked to send the damaged item along with the claim, at your expense.

To learn more about Capital One Quicksilver purchase protection, log in to your online account, select the "I want To" menu and click "Read about card Benefits." Simply match the benefits with your Capital One Quicksilver network – you can find it listed on your statement.