Do we all know about credit cards that give travel insurance privileges? Yes? Fantastic. Let’s turn our eyes towards certain credit cards in Singapore that give insurance privileges of other kinds, such as purchase protection, lost card protection, special discounts on insurance premium payments and the like. We have curated a list to make it easier for you to know which card to choose if insurance discounts and offers are some of the things you’re looking for.
Insurance perk: You can use the reward points garnered on Standard chartred PruPresige Visa Signature card to pay your Prudential insurance premiums.
Insurance perk: Both the UOB Lady’s Card and the UOB Lady’s Solitaire Card come with e-commerce protection. The UOB Lady’s Card offers MasterCard protection for your online purchases up to US$200 in case of incomplete or wrong delivery, damaged items, or purchase delays of 30 days or more. The UOB Lady’s Solitaire Card offers e-commerce protection to the tune of US$1,000, wallet guard against theft and for replacement of cards and identity documents up to US$500, purchase protection on items bought with the credit card up to US$20,000 annually, extended warranty on products up to S$2,000, against fraudulent usage of credit card by others up to US$4,000, and Collision Damage Waiver up to US$50,000.
Insurance perk: You get exclusive discounts on SmartDrive Motor Insurance policies using Citi cash back card. These policies give you: Instant Motor Insurance coverage, full market value reimbursement of car in case of total loss due to theft or severe damage, 24x7 AXA Claims and Emergency Assistance Hotline, and 3 plan choices.
Insurance perk: ANZ offers purchase protection, giving you up to S$5,000 for items purchased using the ANZ SPB Card, reimbursing you in case of accidental damage or theft of the purchased item for up to 30 days from the date of buying.
Insurance perk: American Express Gold Card offers a 90-day Purchase Protection Scheme and Refund Guarantee. Theft or unintentional damage to selected purchases are covered under this, allowing you to repair the item, or get a refund or replacement for it. The maximum refund available is S$8,000 per item. If a local store refuses to refund or replace an eligible product, American Express will pay up to S$800 to you as per the value of the product. You also get extended warranty of up to 2 years on items bought by you.
Insurance perk: You get 3% cash rebate on payment of Prudential Insurance and United Overseas Insurance premiums using UOB Delight Card.
Insurance perk: Most UOB credit cards offer a CardSecure plan on payment of an additional annual premium – S$52.43 for an individual policy and S$93.63 for a family policy. This insures you against fraudulent use of card; reimburses you for card, wallet and identity document replacements; gives you overseas emergency travel assistance including cash advances, hotel and travel ticket expenses; and 24x7 assistance from multi-lingual executives.
UOB credit cards that have SMART$ privileges gives you 5% rebate on premium payments for United Overseas Insurance policies and EQ Insurance policies.
Insurance perk: Almost all OCBC credit cards give dual protection for your credit card, at a small annual or monthly premium:
While we have listed some of the best insurance-related offers on credit card, there are several other credit cards that give you similar perks. Check with your credit card issuer on every benefit that your card carries, before choosing a credit card.