Many credit cards include automatic travel protections when you use your card to purchase travel.  I’ve separately compared these protections for ultra premium cards, here: Ultra-Premium Credit Card Travel Insurance.  In this post, I compare protections provided by each of Chase’s Ultimate Rewards cards including the Sapphire Reserve, Ink Business Preferred, Sapphire Preferred, and more.

The following chart summarizes travel insurance provided automatically by each Ultimate Rewards card. Cells in green indicate best in class coverage, yellow indicates good coverage, red indicates worse than peers’ coverage. “Pay partial” means that you can get full coverage even if you pay only part of your transportation costs with this card. For example, you could pay just the taxes and fees for an award flight. Or, you could pay part of a cruise with gift cards and the rest with the credit card.

Sapphire
Reserve
Sapphire Preferred Ink Business Preferred Ink Cash, Ink Business Unlimited Freedom, Freedom Unlimited
Auto Rental Collision Damage Waiver Primary Primary Primary for Business*
Primary for Business* Secondary*
Roadside Assistance 4X per year limit
Pay per use
Pay per use Pay per use Pay per use
Trip Cancellation and Interruption Pay partial Pay partial Pay partial
N/A Pay partial
Trip Delay 6 hour delay
Pay partial
12 hour delay
Pay partial
12 hour delay
Pay partial
N/A N/A
Lost Luggage Pay partial Pay partial
Pay partial N/A N/A
Baggage Delay 6 hour delay
Pay partial
6 hour delay
Pay partial
6 hour delay
Pay partial
6 hour delay
Pay partial
N/A
Travel Accident Insurance Pay partial Pay partial
Pay partial Pay partial N/A
Emergency Evacuation and Transportation $100K limit
Pay partial
N/A N/A N/A N/A
Emergency Medical and Dental $2,500 limit
Pay partial
N/A N/A N/A N/A

* Each of these cards offers primary coverage outside of your country of residence.  Unfortunately, the Ink Cash, Ink Business Unlimited, Freedom, and Freedom Unlimited cards all incur foreign transaction fees outside of your country of residence.

Based on the above chart, we can conclude that:

  • Chase Sapphire Reserve has the best all around coverage compared to other Ultimate Rewards cards (it also has the best when compared to ultra-premium cards).
  • The Sapphire Preferred and Ink Business Preferred cards have nearly identical coverage.  The only obvious difference is that the Sapphire Preferred offers primary coverage within your country of residence for personal or business travel.  The Ink Business Preferred offers primary coverage within your country of residence only for business purposes.  Outside of your country of residence, all of the cards in this roundup offer primary coverage.
Caution: I’m far from an expert on this stuff. I did my best to read through the benefit guides to figure out what was covered and when, but I can’t promise that I got all of the details correct.

Card comparison for other travel related perks

Sapphire
Reserve
Sapphire Preferred Ink Business Preferred Ink Cash, Ink Business Unlimited Freedom, Freedom Unlimited
Foreign Transaction Fee? Waived Waived Waived Yes Yes
Points per dollar for travel 3X
2X
3X 1X (Ink Cash)
1.5X (Unlimited)
1X (Freedom)
1.5X (Unlimited)
Points per dollar for dining 3X 2X 1X
2X (Ink Cash)
Occasional 5X (Freedom)
Cents per point redeemed for travel 1.5
1.25
1.25
1
1
Transfer points to partners? Yes
Yes
Yes
No*
No*
Priority Pass Select Lounge Membership Yes
No
No
No
No

* Points earned on the fee-free Ink and Freedom cards cannot be directly transferred to airline and hotel partners, but you can move the points to your or a household member’s Preferred or Reserve card and then transfer.

Card overviews

Chase Freedom

FM Mini Review: Great for 5X categories. Good companion card to Sapphire Reserve or Sapphire Preferred.


Annual Fee: $0

Card Type: Visa Signature or Platinum

Base

Shop

Other

Earning rate: 5X in rotating categories on up to $1,500 spend per quarter. Q4 2019: 5X PayPal, Chase Pay, and Department Stores

See also: Chase Ultimate Rewards Complete Guide

Chase Freedom Unlimited

FM Mini Review: Great to earn 1.5X Ultimate Rewards in categories with no bonuses. Excellent companion card to Sapphire Reserve or Sapphire Preferred!


Annual Fee: $0

Card Type: Visa Signature or Platinum

Base

Earning rate: 1.5X on all purchases.

See also: Chase Ultimate Rewards Complete Guide

Chase Ink Business Cash Credit Card

FM Mini Review: This one should be in everyone’s wallet. Incredible signup bonus for a no-fee card. Great card for 5X categories. Excellent companion card to Sapphire Reserve or Sapphire Preferred!


Annual Fee: $0

Card Type: Visa Signature Business

Base

Dine

Gas

Phone

Office

Earning rate: ⚬ 5X office supplies ⚬ 5X cellular/landline/cable (on up to $25,000 in total purchases in 5x categories annually) ⚬ 2X gas and restaurants

See…

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