Without cancellation fees: credit cards with travel cancellation insurance

Credit cards are more than just a payment option these days. Insurance packages and discount programs are common additional services. In the following overview you can find out which credit cards with travel insurance are available and which provider offers the best conditions. This is how we help you to find the right credit card with suitable services for your next vacation.

Credit cards with travel insurance that you can get permanently without annual fees include the Advanzia MasterCard Goldthe payVIP Mastercard Gold as well as the TF MasterCard Gold. All three cards come with a comprehensive travel insurance package that includes travel accident, cancellation, luggage and health insurance for travel abroad. The benefit of the travel cancellation insurance for all three cards is limited to a maximum of 3,000 euros and has a deductible of 20 percent. The TF Mastercard Gold also offers travel comfort insurance that covers flight and luggage delays. However, it should be noted that the respective insurance companies depending on credit card usage for the travel booking. There are no additional fees for using the card inside and outside the euro zone. Cash withdrawals are also free of charge, but interest is paid from the day of payment with a debit interest rate of effectively 19.44 or 22.96 percent pa with the TF Mastercard Gold. Specifically, this means that with the Advanzia and PayVIP card, a monthly repayment of 1.49 percent is charged for cash withdrawals and 1.74 percent for the TF card. Example: 200 euros cash withdrawal x 1.49 percent = 2.98 euros fee (TF card = 3.48 euros fee).

In addition, all three cards have a 24-hour hotline that can be contacted in the event of questions or problems.

the Eurowings Classic credit card is ideal for travelers within the Eurozone, as card transactions are free of charge here. When used worldwide, fees of 1.99 percent of sales are due. With a fee of 29 euros from the second year, the card is cheap in comparison. However, cash withdrawals in the euro zone are expensive, accounting for 4 percent. Outside the EU, withdrawals cost 1.99 percent of the withdrawal amount.

the Hanseatic Bank Gold Card is slightly more expensive with an annual fee of 35 euros from the second year, but these only apply to annual sales of less than 3,000 euros. Using a card outside the euro zone costs 2 percent, inside the euro zone there are no fees. Cash withdrawals abroad are also free of charge.

For the Barclays Gold Visa an annual fee of 59 euros is due, a partner card is available for 29 euros a year. The use of the card is free of charge within the euro zone. If you use the card outside the euro zone, this costs 1.99 percent of the transaction. From a withdrawal of at least 50 euros, withdrawals from machines in the euro zone are free of charge, outside of this, 1.99 percent of the turnover is charged. Be careful with the repayment: When applying, a partial payment is preset, for which a high debit interest rate of effectively 18.38 percent is calculated. Ideally, you should therefore switch to full payment. If you spend more than 95 euros, you can set a monthly installment payment and selected repayment period at a reduced debit interest rate. In addition, Barclays Gold Visa offers a 24-hour hotline for questions or problems.

All three cards include travel cancellation insurance with a benefit of up to 5,000 euros and a deductible of at least 100 euros.

The following credit cards are respectively only in connection with a free checking account available: The N26 You-, the Revolution Premium– as well as the Consorsbank Visa Gold card. These three cards are ideal for frequent travelers as they come with a comprehensive travel insurance package and are free abroad. In addition, a hotline is available around the clock for queries or problems.

the N26 You also offers rental car insurance with fully comprehensive cover and reimburses the deductible in the event of damage to rental vehicles. The benefit is limited to a maximum of 20,000 euros and only applies if the card was used to book the rental car. The N26 You travel cancellation insurance pays out up to EUR 10,000 per trip and depends on the use of the card.

the Consorbank Visa Card Gold costs 60 euros per year. Free cash withdrawals at ATMs are possible within Germany and worldwide with this card. The checking account is debited directly after a withdrawal. The travel cancellation and travel interruption insurance are covered with benefits of up to 10,000 euros per insured event, with a 20 percent deductible. Here, too, the card must be used when paying for the trip.

the Revolution Premium The card shines with numerous included services, such as insurance cover for a wide range of sporting activities such as skiing, bungee jumping, skydiving or SCUBA diving up to 30 meters deep. It also includes access to over 1,000 airport lounges worldwide and cancellation protection when paying for a ticket with the Revolut Premium Card. You can withdraw cash internationally free of charge up to a monthly limit of 400 euros, after which a surcharge of two percent is charged, but at least one euro.

Another way to protect yourself for future trips are credit cards with optional travel insurance. One card where this is possible is the ADAC credit card. In terms of its basic functions, it offers a minimal range of services: no liability in the event of card loss, free emergency card abroad, online purchase protection, secure internet payments, 24-hour service hotline. The ADAC credit card is becoming interesting modular bookable packages from the areas of travel (70.80 euros in the first year, then 5.90 euros per month), savings (58.80 euros in the first year, then 4.90 euros per month), protection (46.80 euros in the first year, then 3.90 per month), which can be canceled on a monthly basis. So everyone can individually choose the right offer for them. In the platinum package, you get all three protection offers in one set for EUR 118.80 per year. Changing from one or more individual package(s) to the platinum package or vice versa is possible at any time. The various packages include services such as fuel and rental car discounts, extensive travel insurance, a cashback program and more. ADAC membership is required to obtain the card (from 49 euros per year).

Another card that allows you to add travel insurance is the Openbank debit card Я42: For a monthly fee of EUR 7.99 you can secure the additional “Travel Benefits” package. You can also use it to withdraw cash 5 times a month worldwide free of charge (free of charge at all ATMs in the Santander Group) and pay in foreign currencies outside the euro zone without additional fees.

This flexible subscription can be terminated monthly with a click in the app and offers a travel insurance package. The Spanish Santander Group debit card is however only in connection with a current account from the subsidiary Openbank, whereby both the checking account and the debit card remain permanently free of charge.

In the Comdirect Visa credit card The Cash Plus package can be purchased for EUR 6.90 per month as well as a Travel care package optionally book for 7.90 per month. The minimum term is 6 months. If you open a Girokonto Plus, you will receive both packages and the Visa credit card for EUR 14.90 per month (instead of EUR 16.70). That Package Cash Plus includes unlimited and free cash withdrawals in Germany and worldwide at all ATMs with the Visa symbol. That Travel care package consists of a comprehensive insurance package that includes trip cancellation insurance, car rental protection and a 24-hour emergency service that provides telephone support in the event of illness, emergency cash and emergency replacement travel documents. Purchase insurance is also included. In contrast to the credit card, the Comdirect Visa debit card no annual fee at. However, there are differences in cash disposal and foreign assignments also require fees of 1.75 percent. Furthermore, no document service is included, but you can add it for a fee if you wish. The optionally bookable travel and car insurance are offered at the same conditions as with the credit card. Both cards are only in connection with a free checking account available.

Also the DKB Visa credit card will only in combination with a free checking account issued. In general, there are no fees for withdrawing cash worldwide and using it abroad is also free of charge. The minimum amount for free cash withdrawals from ATMs is 50 euros. You can protect yourself for various situations by means of insurance services that can be booked for a fee. That Travel package includes travel cancellation insurance (compensation max. EUR 5.00 per trip, deductible of EUR 100), health insurance for travel abroad, fully comprehensive insurance for rental cars and a 24-hour hotline and costs EUR 6.90 per month (minimum term one year). You can also take out (internet) purchase insurance. A document service is included free of charge. It should be noted, however, that the conditions mentioned apply to active customers. In concrete terms, this means that if after six months there is no regular monthly payment from at least 700 euros was determined, the debit interest increases, the foreign transaction fee is 2.20 percent outside the euro area.

The more expensive credit cards with travel cancellation insurance include the American Express Gold Cardthe Miles & More Credit Card as well as the Deutsche Bank Mastercard Travel. Within the euro zone, all three cards can be used free of charge. In addition to the annual fees, cash withdrawals are also expensive. The extras are a plus: the American Express Gold Card and the Miles & More Gold Credit Card in particular have numerous additional services and discounts. Both cards also include car insurance: The American Express Gold Card offers a car insurance policy that is valid 50 kilometers from your place of residence throughout Europe, the Miles & More Gold Credit Card includes fully comprehensive insurance for rental cars. The travel cancellation insurance for both cards offers protection for the cardholder and family up to 5,000 euros per person and trip with a deductible of 10 percent and at least 100 euros per person and depends on the use of the card. With the Deutsche Bank Mastercard Travel credit card, there is no deductible for travel cancellation insurance.

Surf tip: More than 100 credit cards in comparison can be found on the FOCUS Online sister portal cardscout.de