[TRAVEL INSURANCE] Best Credit Cards for Trip Cancellation and Trip Interruption
We will be writing a multiple part series on the best credit cards for travel insurance. Each post will cover a different category of insurance. First up, we have Trip Cancellation and Trip Interruption. This insurance financially protects you if an illness or unexpected event forces you to cancel your plans before you leave or delays the travel to your destination. This could be compensation for transportation, basic necessities, and accommodation. Below is a list of all the top credit cards:
| Credit Card | Trip Cancellation Insurance | Trip Interruption Insurance |
| National Bank World Elite MC | Up to $2,500 per person | Up to $5,000 per person |
| Capital One Aspire Travel World Elite MC | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $5,000 per person
Max $25,000 for all insured Persons |
| Capital One IHG Rewards Club World MC | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $5,000 per person
Max $25,000 for all insured persons |
| Capital One Delta SkyMiles World MC | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $5,000 per person
Max $25,000 for all insured persons |
| American Express Platinum Card | Up to $1,500 per person
Max $3,000 for all insured persons |
Up to $1,500 per person
Max $6,000 for all insured Persons |
| American Express AeroplanPlus Reserve Card | Up to $1,500 per person
Max $3,000 for all insured persons |
Up to $1,500 per person
Max $6,000 for all insured persons |
| CIBC Aerogold Infinite Privilege Card | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $2,000 per person |
| CIBC Aventura Infinite Visa Card | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $2,000 per person |
| CIBC Aerogold Infinite Visa Card | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $2,000 per person |
| TD Aeroplan Visa Infinite Privilege Card | Up to $2,500 per person
Max $5,000 for all insured persons |
Up to $5,000 per person
Max $25,000 for all insured persons |
| TD First Class Travel Visa Infinite Card | Up to $1,000 per person
Max $5,000 for all insured persons |
Up to $5,000 per person
Max $25,000 for all insured persons |
| RBC Avion Visa Infinite Privilege Card | Up to $2,500 per person | Max $5,000 per person |
| RBC British Airways Visa Infinite Card | Up to $2,500 per person | Max $5,000 per person |
| WestJet RBC World Elite MC | N/A | Up to $5,000 per person
Max $25,000 for all insured persons |
| Scotiabank American Express Platinum Card | Up to $2,500 per person
Max $10,000 per trip |
Up to $5,000 per person
Max $25,000 for all insured persons |
Here you can see that a few cards like the RBC British Airways Visa Infinite Card and Scotiabank American Express Platinum Card offer a generous coverage for trip cancellation with an amount of $2,500 per person. Credit cards such as the TD Aeroplan Visa Infinite Privilege Card and Capital One Aspire Travel World Elite MasterCard offer trip interruption coverage of up to $5,000 per person for a maximum amount of $25,000. While some credit cards require you to charge a payment of your travel expenses to the credit card, some just require you to just have the card in your wallet! This is great if you plan to put your expenses on credit cards which will earn you a little more. Ultimately, if this section applies to you, you may want to consider using a card which has a higher payout in case an interruption or cancellation does occur.
obviously not a post aimed at USA based readers
Any chance of digging a bit deeper and mentioning all the cards that will cover costs (taxes, YQ, etc) on cancelled award bookings? I think there is the assumption that insurance only covers the cost of purchased tickets.
Hey Jim,
Yeah for sure, I will definitely release a post on that shortly. Thank you for your input!
If you need any immediate assistance, I can also personally email you.
As per jim’s comment, particularly for which card insures regardless of travel having been paid with the card or not.
Yes definitely! The post will be released shortly.