Free Travel Insurance for CBA Gold/Diamond/Platinum Credit Card Holders - Register Online, No Spend Required
Last edited 01/08/2017 - 15:58
A couple of years ago you could get free travel insurance from your credit card provider only if you paid for your flights and/or accommodation with the credit card.
That is no longer the case.
As long as you hold a Gold, Platinum or Diamond credit card from CBA, you are entitled to free travel insurance for trips of up to 6 months duration (Platinum and Diamond) or 3 months if Gold.
There is no need to buy your airfares with your credit card - in fact there is no need to spend a cent on the card to get the insurance (for international trips anyway).
You do need to activate the insurance before you travel here:
A $250 excess applies to claims for Dimaond/Platinum cardholders ($500 for Gold)
Read the PDS here https://www.commbank.com.au/content/dam/commbank/personal/ap...
If you need transit insurance (protection from injury while on transport like planes, boats, etc) you must pay for your "trip" on the CBA card - see the PDS.
I am doing a trip shortly. Most insurance is $200+ and has a 30 or 60 day trip limit.
Flight Centre quoted me $489 for insurance.
Although the excess here stings a little, it's less than the premium would otherwise be.
Free travel insurance with cards is nothing new, but its a timely reminder.
This PDS is dated 31 March 2017 so it's safe to assume they made changes to the cover on that date. Exactly what those changes were I do not know…
See previous post https://www.ozbargain.com.au/node/272233 for prior comments/discussion.
Note: The cover is largely for international trips only. There are limited exceptions for domestic travel costs, read the pds for full details https://www.commbank.com.au/content/dam/commbank/personal/ap...
Also please note you must ACTIVATE this insurance through NetBank BEFORE you depart for your trip. Very important!!