Citi Costco Anywhere Visa trip cancellation & interruption insurance was discontinued on September 22, 2019. Citibank dropped the travel benefits from all of its credit cards then, not just the Costco Visa card’s trip cancellation/interruption benefit.
There are credit cards that still come with trip cancellation and interruption insurance, though not from Citibank. One such card with this benefit is the Chase Freedom card. It offers up to $1,500 in coverage per person and up to $6,000 per trip for you and your immediate family members. It kicks in when your fully-paid, nonrefundable passenger fare is cancelled or interrupted due to covered situations like illness or injury.
Yes, Citibank does offer travel insurance. Citibank travel insurance benefits include travel accident insurance and travel and emergency assistance. Travel insurance benefits are offered on only one Citibank credit card. Travel insurance benefits are offered on one Citibank credit card: the Costco Anywhere Visa® Card by Citi.
If you’re not sure which travel credit card to get, you can always check out WalletHub’s recommendations for the best credit cards for travel insurance and travel rewards. Before picking a card, also be sure to check your credit score for free on WalletHub so that you know which cards you’ll be able to qualify for. And when you do get a card, check the guide to benefits that comes with it to see which types of travel insurance are included.… read full answer
The Costco Credit Card travel benefits include 3% cash back rewards on travel purchases, travel insurance, roadside assistance and various other perks. Together, these factors make the Costco Credit Card a solid choice for travel, especially domestically.
Here are the Costco Credit Card travel benefits:
3% to 4% cash back in key spending categories.… read full answer You’ll get 3% cash back at restaurants and on other eligible travel expenses (airfare, hotels, car rentals, cruises, etc.). You’ll also earn 4% cash back on the first $7,000 you spend on eligible gas every year and 1% thereafter. So both big and small travel costs get great earning rates. All other purchases earn just 1% back (or 2% at Costco itself).
0% foreign transaction fee.
Travel accident insurance. This covers you up to $250,000 for death or dismemberment. You need to charge the cost of your fare to your Costco card.
Worldwide auto rental insurance. You are protected up to $50,000 against having to pay for damage resulting from theft or collision when you rent certain types of cars, pay with your Costco Credit Card and don’t buy insurance through the rental agency.
Roadside Assistance Dispatch Service. 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. To request help, just call (866) 918-4670 if you’re in the U.S. or (312) 356-7839 if you’re abroad.
Citi Entertainment. Special access to purchase tickets to thousands of events, including presale tickets and exclusive events such as concerts, sporting events, dining and many more.
$0 Liability on Unauthorized Charges. You won’t be held responsible for a charge that you did not authorize.
Citi Quick Lock. If you misplaced your card, you can log into your Citi online account or use the Citi app to block new charges while allowing recurring transactions to continue uninterrupted.
Great exchange rates. Since this card is a Visa, you can use it anywhere in the world that credit cards are accepted. And you'll get some of the best exchange rates too.
At the end of the day, the Costco Credit Card has a lot of travel appeal, from its great rewards to its secondary benefits.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by a WalletHub user.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.