How does Citi Costco Anywhere Visa trip cancellation & interruption insurance work? This question is about the Costco Anywhere Visa® Card by Citi

How does Citi Costco Anywhere Visa trip cancellation & interruption insurance work?

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This question is about the Costco Anywhere Visa® Card by Citi

Chris Stones, Member

@christones • 08/18/20 This answer was first published on 11/22/19 and it was last updated on 08/18/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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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.

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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.

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