With the summer travel season heating up and many people dealing with tight budgets, WalletHub today released its 2025 Credit Card Rental Car Insurance and Credit Card Travel Insurance studies to highlight some benefits that can save vacationers money this summer. WalletHub also released the results of a nationally representative consumer survey gauging people’s opinions about common travel perks.
- Tariffs Making Perks More Appealing: 43% of Americans say tariffs will make them explore credit card travel benefits more.
- Safety First: 33% of people want their credit card to give them insurance for accidents while traveling, making it the most popular travel benefit, followed by trip delay or cancellation insurance (29%), rental car insurance (20%), and airport lounge access (18%).
- Missing Out on Perks: More than 2 in 5 people don’t know what travel benefits their credit cards have.
- Confidence in Card Coverage: 67% of people trust the rental car insurance provided by credit cards more than what rental companies offer.
- Paying for Premium Perks: 35% of Americans are willing to pay a higher annual fee on a credit card in return for premium travel benefits.
- Best Credit Cards for Rental Car Insurance: Chase Sapphire Preferred® and the Chase Freedom cards (Unlimited, Flex and Rise)
- Best Credit Card for Travel Insurance: Chase Sapphire Preferred®
“Tarrifs and inflation have travelers feeling a bit antsy, and many are turning to long-overlooked credit card benefits to help keep costs down. For example, 43% of people say that tariffs will make them explore credit card travel benefits more, according to a new WalletHub survey. Some of the most popular perks that people plan to leverage include insurance for accidents that occur in transit, insurance for delayed or cancelled trips, and rental car insurance coverage. Combined with rewards and initial bonuses, the best credit cards with these valuable travel perks could easily save the average person more than $1,000 per year, according to our calculations. If you’re itching for a vacation but butting up against a tight budget, that type of savings opportunity probably sounds pretty darn good right about now.”
- John Kiernan, WalletHub Editor
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