Credit cards offer a lot of travel-related benefits that most people don’t seem to know much about. Rental car insurance, travel accident insurance, and insurance for lost/delayed luggage are just a few of them.
To see whether such perks will be put to good use this summer travel season or left unused, plus a whole lot more, WalletHub conducted a nationally representative online survey. You can find the results below.
Full Details
| Which benefits do some credit cards offer? | |
|---|---|
| Rental car insurance | 47% |
| Insurance for accidents while traveling | 41% |
| Trip delay/cancellation insurance | 39% |
| Extend manufacturer’s warranty | 34% |
| Refund if an item’s price drops within 60 days after a purchase | 34% |
| Airport lounge access | 30% |
| Extra time to return purchases | 28% |
| Cell phone damage insurance | 19% |
| None of the above | 25% |
| Which credit card feature do you want most? | |
| Refund if an item’s price drops within 60 days after a purchase | 28% |
| None of the above | 18% |
| Trip delay/cancellation insurance | 11% |
| Rental car insurance | 10% |
| Extend manufacturer’s warranty | 8% |
| Insurance for accidents while traveling | 7% |
| Extra time to return purchases | 7% |
| Cell phone damage insurance | 6% |
| Airport lounge access | 5% |
| Which would you prefer? | |
| Retailer price-match / lowest price guarantee | 60% |
| Credit Card price protection | 40% |
| Do you trust the rental car insurance provided by credit cards? | |
| Yes | 56% |
| No | 44% |
| Which do you trust more? | |
| Credit card companies | 56% |
| Rental car companies | 44% |
| How much money would an item’s price have to drop to file a claim with your credit card company? | |
| $50 | 29% |
| $20 | 28% |
| $10 | 28% |
| $100 | 8% |
| $101+ | 7% |
| How long would your flight have to be delayed to file a claim with your credit card company? | |
| 3 hours | 34% |
| 5 hours | 26% |
| 12 hours | 15% |
| 1 hour | 13% |
| 24 hours | 12% |
| Have you ever had purchases declined due to suspected fraud while traveling? | |
| No | 60% |
| Yes | 40% |
| Have you found your credit card’s customer service to be helpful while you’re traveling? | |
| Yes | 69% |
| No | 31% |
Note: Percentages may not total 100% due to rounding.