Best credit card issuers for each type of credit card perk
(Last updated: September 2021)
In this article, we'll compare the most popular credit card issuers for each of several types of credit card network perks.
Contents:
- Summary
- Rental car insurance
- Purchase protection
- Return protection
- Price protection
- Extended warranty
- Travel insurance
Note: To learn more about network perks, check out our article titled Network perks.
Summary
The overall winner for best credit card perks (or, more specifically, "network perks") among all of the types of perks and all of the credit card issuers and specific credit cards reviewed, was Chase.
Issuer scores for each type of reviewed perk |
Chase |
USAA |
Wells Fargo |
American Express |
Bank of America |
US Bank |
Capital One |
Citi |
Rental car insurance: Personal cards |
4.5 |
4.3 |
3.8 |
3.7 |
3.6 |
3.45 |
3.35 |
|
Rental car insurance: Business cards |
4.2 |
|
3.9 |
4.1 |
3.65 |
3.55 |
3.95 |
|
Purchase protection |
4.7 |
|
3.05 |
4.25 |
3.55 |
3.95 |
3.5 |
|
Return protection |
4.45 |
|
4.1 |
4.1 |
4 |
|
|
4 |
Price protection |
|
|
3.5 |
|
|
|
3.95 |
|
Extended warranty |
3.85 |
3.35 |
|
4.4 |
3.2 |
3.75 |
3.5 |
4.55 |
Travel insurance: Personal cards |
4 |
3.7 |
3.05 |
1.25 |
1.95 |
2.8 |
3.4 |
|
Travel insurance: Business cards |
4.75 |
|
3.15 |
2.25 |
3.3 |
2.85 |
3.4 |
|
Rental car insurance
Rental car insurance offered by personal credit cards
Rental car insurance: Personal cards |
Weight |
Chase |
USAA |
Wells Fargo |
American Express |
Bank of America |
US Bank |
Capital One |
Vehicles excluded |
30% |
4 |
3 |
3 |
3 |
3 |
3 |
3 |
Other exclusions (countries, loss-of-use, types of roads, types of damage) |
35% |
5 |
5 |
4 |
3 |
4 |
3 |
3 |
Other aspects of coverage quality (coverage duration, towing, etc.) |
15% |
5 |
5 |
4 |
5 |
4 |
4 |
4 |
Process (activation and claims process) |
10% |
5 |
5 |
5 |
5 |
5 |
5 |
4 |
Transparency (accessibility of exclusion-related and other information) |
10% |
3 |
4 |
4 |
5 |
2 |
4 |
4 |
Overall rating |
|
4.5 |
4.3 |
3.8 |
3.7 |
3.6 |
3.45 |
3.35 |
Rank |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
Rental car insurance offered by business credit cards
Rental car insurance: Business cards |
Weight |
Chase |
American Express |
Capital One |
Wells Fargo |
Bank of America |
US Bank |
Vehicles excluded |
30% |
3 |
3 |
3 |
3 |
3 |
3 |
Other exclusions (countries, loss-of-use, types of roads, types of damage) |
35% |
5 |
4 |
4 |
4 |
4 |
4 |
Other aspects of coverage quality (coverage duration, towing, etc.) |
15% |
5 |
5 |
5 |
5 |
5 |
5 |
Process (activation and claims process) |
10% |
5 |
5 |
5 |
5 |
4 |
4 |
Transparency (accessibility of exclusion-related and other information) |
10% |
3 |
5 |
4 |
3 |
2 |
1 |
Overall rating |
|
4.2 |
4.1 |
3.95 |
3.9 |
3.65 |
3.55 |
Rank |
|
1 |
2 |
3 |
4 |
5 |
6 |
Purchase protection
Purchase protection |
Weight |
Chase |
American Express |
US Bank |
Bank of America |
Capital One |
Wells Fargo |
Scope of coverage |
45% |
5 |
4 |
4 |
4 |
3 |
2 |
Duration of protection period |
30% |
5 |
4 |
4 |
4 |
4 |
4 |
Process (signup and claims) |
15% |
3 |
5 |
3 |
3 |
3 |
3 |
Transparency |
10% |
5 |
5 |
5 |
1 |
5 |
5 |
Overall rating |
|
4.7 |
4.25 |
3.95 |
3.55 |
3.5 |
3.05 |
Rank |
|
1 |
2 |
3 |
4 |
5 |
6 |
Return protection
Return protection |
Weight |
Card: Chase Sapphire Reserve |
Card: Barclaycard Arrival Plus World Elite Mastercard |
Card Wells Fargo Propel |
Issuer: American Express |
Issuer: Citi |
Card: Bank of America Premium Rewards |
Scope of coverage |
45% |
4 |
4 |
3 |
3 |
3 |
3 |
Duration of return period |
30% |
5 |
5 |
5 |
5 |
5 |
5 |
Process (signup and claims) |
15% |
5 |
4 |
5 |
5 |
5 |
5 |
Transparency |
10% |
4 |
3 |
5 |
5 |
4 |
4 |
Overall rating |
|
4.45 |
4.2 |
4.1 |
4.1 |
4 |
4 |
Rank |
|
1 |
2 |
3 (tie) |
3 (tie) |
5 (tie) |
5 (tie) |
Notes:
- For Chase, the only cards offering return protection are: Chase Sapphire Reserve and J.P. Morgan Reserve Credit Card
- For Bank of America, the only cards offering return protection are: Bank of America Premium Rewards Card
- For US Bank, the only cards offering return protection are: Cash 365 and Altitude Reserve Visa Infinite Card
- For Barclays, the only cards offering return protection are: Arrival Plus World Elite Mastercard
- For USAA, the only cards offering return protection are: Rate Advantage Visa Platinum Card
- For Wells Fargo, the only cards offering return protection are: Wells Fargo Propel Card
- There are no Capital One or Discover cards that offer return protection
Price protection
Price protection |
Weight |
Capital One Savor and SavorOne |
Capital One Quicksilver and QuicksilverOne |
Wells Fargo Visa Signature |
Scope of coverage |
45% |
3 |
3 |
3 |
Duration of protection period |
30% |
5 |
4 |
3 |
Process (signup and claims) |
15% |
4 |
4 |
5 |
Transparency |
10% |
5 |
5 |
5 |
Overall rating |
|
3.95 |
3.65 |
3.5 |
Rank |
|
1 |
2 |
3 |
Extended warranty
Extended warranty |
Weight |
Citi |
American Express |
Chase |
US Bank |
Capital One |
USAA |
Bank of America |
Scope of covered items |
45% |
4 |
5 |
4 |
4 |
3 |
2 |
3 |
Quality of coverage (coverage limits, duration of additional coverage) |
30% |
5 |
3 |
3 |
3 |
3 |
4 |
3 |
Process (signup and claims) |
15% |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
Transparency |
10% |
5 |
5 |
4 |
3 |
5 |
5 |
2 |
Overall rating |
|
4.55 |
4.4 |
3.85 |
3.75 |
3.5 |
3.35 |
3.2 |
Rank |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
Travel insurance
Travel insurance offered by personal credit cards
Travel insurance (personal cards) |
Weight |
Chase |
USAA |
Capital One |
Wells Fargo |
US Bank |
Bank of America |
American Express |
Quality of travel accident insurance |
40% |
4 |
5 |
4 |
4 |
4 |
1 |
1 |
Quality of lost luggage insurance |
35% |
4 |
2 |
3 |
2 |
2 |
3 |
1 |
Other aspects (fine print, costs, claims process, etc.) |
25% |
4 |
4 |
3 |
3 |
2 |
2 |
2 |
Overall rating |
|
4 |
3.7 |
3.4 |
3.05 |
2.8 |
1.95 |
1.25 |
Rank |
|
1 |
3 |
2 |
4 |
5 |
6 |
7 |
Travel insurance offered by business credit cards
Travel insurance (business cards) |
Weight |
Chase |
Capital One |
Bank of America |
Wells Fargo |
US Bank |
American Express |
Quality of travel accident insurance |
40% |
5 |
4 |
4 |
4 |
5 |
2 |
Quality of lost luggage insurance |
35% |
5 |
3 |
2 |
3 |
1 |
2 |
Other aspects (fine print, costs, claims process, etc.) |
25% |
4 |
3 |
4 |
2 |
2 |
3 |
Overall rating |
|
4.75 |
3.4 |
3.3 |
3.15 |
2.85 |
2.25 |
Rank |
|
1 |
2 |
3 |
4 |
5 |
6 |