Does Citibank offer travel insurance?

The benefits of Citibank credit cards include travel accident insurance, an annual travel credit up to $250, and a TSA PreCheck or Global Entry fee credit. These benefits are mostly found on the top-tier Citibank credit cards, though many more Citibank credit cards have contactless chip technology and no foreign transaction fees. To know which perks are included on a specific card, you’ll need to call customer service at ... read full answer1 (800) 347-4934 or check the Citibank website.

Citibank Credit Card Benefits

• An annual travel credit up to $250
• A TSA PreCheck or Global Entry fee credit
• Contactless chip technology
• No foreign transaction fees
• Travel accident insurance
• Travel and emergency
• Roadside assistance
• Identity theft protection

In addition to having some or all of these card perks, it’s important to remember that many Citibank credit cards also give rewards. Rewards aren’t generally considered card benefits, but having a credit card that earns great rewards can be a big asset to cardholders. As long as you use your card responsibly and maximize the various benefits that Citibank offers, you should come out well ahead of any annual fees that Citibank cards may charge.

Citibank purchase protection covers the damage or theft of eligible purchases for up to 120 days after the purchase date. Purchase protection will reimburse eligible Citibank cardholders up to $1,000 per item and up to $50,000 per year. Be aware that not all types of purchases are covered under Citibank purchase protection.... read full answer

How to File a Purchase Protection Claim with Citibank

1. Call the Benefit Administrator within 60 days of the incident at 1-866-918-4670 or the number in your card’s benefits guide.
2. File a police report within 48 hours of the incident, if the item was stolen.
3. Submit a completed claim form within 180 days of the incident.
4. Wait for a decision. Citibank will notify you of a decision once your claim has been processed, which could take up to 15 days.
5. Get reimbursed for the cost of repairing or replacing the item, if your claim is validated by the Benefit Administrator.

Purchase protection does not come on every Citibank credit card. For specific details on your Citibank credit card’s purchase protection, read through the guide to benefits that came with your card.

The Costco Credit Card travel insurance coverage includes travel accident insurance and rental car insurance, among other benefits. Using the card’s travel insurance doesn’t cost extra. To be eligible to file a travel insurance claim, you’ll need to pay for your travel using your Costco Credit Card.

Types of Costco Credit Card Travel Insurance

• Travel accident insurance... read full answer
  Covers you, your spouse, your domestic partner and/or your dependents up to $250,000 per person against death or dismemberment. The coverage applies while you are traveling on a common carrier like a plane, train, bus or boat, as long as you paid for the full fare using the card.
• Rental car insurance
  Provides up to $50,000 per rental in reimbursement for collision damage and theft. The car must be rented entirely with the Costco Credit Card, and the cardholder must decline the optional insurance offered by the rental agency.
• Roadside Assistance Dispatch
  Domestic coverage for dispatch services including towing, fuel delivery (up to 2 gallons), jump starts, flat tire changes (when a spare is available) and lock-out assistance (when the key is in the vehicle). You’ll be responsible for the costs of the dispatch and roadside assistance, paying a pre-negotiated price per service call.
• Travel & Emergency Assistance
  24/7 assistance for emergency travel arrangements, travel issues, medical and legal referrals and more.

How to file a claim:

To file a claim, call (866) 918-4670 as soon as possible to make use of the rental car insurance or within 60 days for the travel accident insurance. Citi will advise you what documents should be submitted with your claim form. Alternatively, you can visit citi.com/Costco to download a claim form for submission.

Ultimately, you have to return the claim form and all requested documents within 180 days of the incident. Citi will notify you of its decision once they have processed your claim.

Keep in mind that all types of Costco Credit Card travel insurance have a lot of fine print, so be sure to read your card’s benefits guide to see coverage exclusions.