What Types Of Extra Insurance Coverage Come With My Gold Credit Card?
One of the foremost perks of the card is the plethora of free insurance covers it offers. The following list sums them up nicely.
- It provides complimentary travel insurance when you travel overseas.
- It protects you and your family on vacations for up to 3 months when you pay for your return tickets before leaving Australia using your Gold Card.
- There are unlimited medical expenses that are covered.
- Any amount all the way up to $10,000 is covered for loss or damage to any items you have that are outlined ahead of time in the policy, and up to $300 for loss or damage to travel documents.
- Unlimited coverage for changes to travel plans.
- Travel delay coverage up to $375.
- There is also $2,250 rental vehicle coverage outlined in the policy.
- And, an astounding $2.5 million for personal legal liability coverage.
- Plus, you get up to $250,000 in coverage for any accident that occurs when traveling on a plane, train, ferry, or other mode of transportation. Any accidental death or injury is covered.
With all these insurance perks, it’s worth getting the card just for the extra coverage. You might skip buying an insurance policy. This card is pretty well-stocked.
What Other Types Of Coverage Does It Offer?
The benefits don’t stop at insurance. They go into purchase coverage insurance as well. For most items you purchase both within the boundaries of Australia and overseas, you get complimentary coverage. This protects you against someone stealing your items, or you losing them, or you accidentally damaging them for 3 months.
There is also extended warranty insurance for up to 1 year that is an automatic extension of what the manufacturer already offers. This covers all personal items you purchase.
What Are Some Of The Core Parts Of The Card Offer?
The Gold Card offers competitive interest rates of 15.99% p.a. on most purchases. Cash advances are somewhere around the industry standard at 20.24% p.a. You also get an interest free period that goes almost 2 months. The 15.99% p.a. is almost nothing though, so the 2 months without interest aren’t that big of a deal.
What other elements does the card have?
- You can add up to three additional cardholders at no cost to you.
- There is detection of suspicious transactions so you never have to worry about someone stealing your card and using. There is a lot of fraud protection with the card.
- There is also secure shopping because you can shop with Verified by Visa and MasterCard SecureCode. Knowing your Internet purchases are safe just makes shopping more fun. You don’t have to worry as much and can shop online with ease and fluidity.
What About Other Fees?
There are a litany of other fees, some of which are optional. In other words, they won’t be mandatory unless you go outside the lines or request some special service.
- There is a late payment fee
- There is a card replacement fee
- There is an overlimit fee
- There is an automatic payment dishonor fee
- There is a statement copy fee
Most of these fees won’t even come up if you stay inside the lines and follow the rules.
Read the official terms and conditions
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