Can you get a Costco Credit Card with no annual fee? Yes. The Costco Anywhere Credit Card is one among few major Citi cards yet to offer primary travel insurance and rental car rental insurance. This card provides primary rental vehicle insurance for both domestic and international rentals, insuring against vehicle damage or replacement only up to a maximum of $50,000. While this travel insurance may not be attractive to most travel buyers, it is still an excellent travel insurance option.
As is the case with most travel insurance plans, the Costco credit card allows you to select the level of coverage you require. You are able to select a coverage level that protects you from all sorts of common travel-related expenses. This includes emergency transport, interruption of your travel plans, flight cancellations, delays and all related costs. In addition, if you have an annual fee that is paid annually, the Costco Credit Card gives you the option of paying the balance in full each year, thereby reducing the cost of your premium each month. If you were to pay half, the annual fee would be less.
In addition, you do not need to worry about having inadequate coverage should you have to make a trip delay without a refund. Since most of the major credit cards give you the freedom to choose the level of coverage you require, you can choose the exact benefits that will meet your specific needs. There are many different types of coverage offered by Costco travel insurance. One of these options is Trip Delay Insurance, which pays you up to one hundred percent of the cost of a delayed trip, up to twelve hours coverage per day or night, and coverage up to two hundred and fifty dollars per day for up to a full week.
Another optional benefit offered by Costco travel insurance is the opportunity to earn cash back rewards when using the company’s credit card. Travel insurance companies offer a variety of different cash back options that you can benefit from whenever you feel the need to earn cash back for a policy that you have in place with them. These benefits can include things like airline tickets, rental cars and even cash back from a purchase of sporting goods.
Some people might assume that these are benefits provided exclusively by the major credit cards issuing institutions. However, the truth is that there are a number of Costco travel insurance issuers that also service some of the smaller, less popular issuers. In fact, in recent years there has been an increased number of issuers that have entered into partnerships with U.S. Bank. It is important to note that while most U.S. Bank products have features that are very similar to those offered by Costco, they are often offered at a lower price point. Therefore, it is not uncommon for someone to receive both the benefits of Costco as well as the flexibility and affordability of a more obscure issuer.
One of the most popular optional benefits provided by Costco travel insurance plans is the opportunity to get additional coverage if you run into health problems while traveling. For instance, let’s say that you have a dental issue that requires attention. Under the right circumstances, your primary care physician should be able to assist you with getting the care that you require. However, the cost of the care would likely be substantially higher than it would be in the event that you chose to use a private medical facility. By taking out a Costco credit card travel insurance plan, you can be assured that you will have access to a large source of medical assistance should you ever need it.
Another useful benefit that you may find in a Costco travel insurance plan is the opportunity to take out accident insurance. When you travel to countries outside of the United States, you are likely to encounter some risk of encountering an emergency situation. This may include a trip to an area that has low healthcare services or a country that has poor safety standards. By taking out an accident insurance policy, you can be covered should you be injured in an accident. Although the cost of accident insurance through Costco may seem high, the coverage that you will receive in the event of an accident makes the investment worthwhile.
The last thing that you want to consider when you are thinking about obtaining a Costco credit card travel insurance policy is the opportunity to extend the coverage that you have purchased. By taking out a policy that provides coverage for trips to Canada, you can guarantee that you will always be protected against any loss that may result from an unexpected delay. This delay insurance coverage, in the case of trips to Canada, can ensure that you do not lose out on the opportunity to have a fun family vacation because you were forced to cancel it due to an unforeseen delay. Costco offers a number of plans that provide different levels of coverage, so it is important that you check them out and find the plan that provides the best value for your hard-earned money.