Best Credit Card for Travel Insurance

Status
Not open for further replies.

fonty

Newbie
Joined
Feb 6, 2007
Messages
1
Points
0
My current situation is a full time student, earning roughly 12 thousand a year, with bank savings of around 5 thousand.
Currently i have a Commbank Standard CC 1k limit (Completely free as a student)
And the ANZ FF card 1k limit, for its QFF program.
I spend about $500 a month.

I like to save up to travel in the Uni holidays, and I'm hoping there is a card, low income earners like me can use for its travel insurance benefits program (or travel benefits in general). Annual Fee is not really an issue, just being accepted for a (usually gold) credit card with such a low income is my sticking point.
Any advice for my situation is certainly appreciated.
 

adrian

Member
Joined
Jul 17, 2006
Messages
395
Points
5
Look for the ANZ Gold. Has very good travel insurance, and you don't even need to put all your flights on it to benefit from the insurance. Not sure about the income requirements, however you already have an ANZ card, so that may help you if you look at transferring...
 

Flashback

Enthusiast
Joined
Oct 29, 2006
Messages
11,385
Points
1,545
He won't be able to get gold, not with such a low income.
 

trippin_the_rift

Established Member
Joined
Apr 2, 2006
Messages
3,898
Points
530
Flashware said:
He won't be able to get gold, not with such a low income.

Income is totally irrelivant. You'll need a $7500+ credit limit before you can get an ANZ gold card.

If your main aim is points, why don't you get a partner card with your parents - that way you get to use their credit line too :mrgreen:

My advice - keep asking the bank for credit increases (but don't fill out any paperwork for it) - every 6-12 months you'll get an increase so long as you either:
- pay off the entire balance monthly
- don't pay it off consistantly and get charged high interest rates.

If you sometimes pay it off, sometimes dont...then you wont ever get the high increases the rest of us enjoy ;)

Happy Spending!
 

Evan

Established Member
Joined
Dec 26, 2006
Messages
3,185
Points
0
Around Jan every year i get a limit increase offer. Useful to have just incase you ever need it stranded in some other country or similar. Even buy a small car if i really needed to.
E
 

NM

Enthusiast
Moderator
Joined
Aug 27, 2004
Messages
16,491
Points
1,295
Qantas
LT Gold
Virgin
Red
If your main focus is for travel insurance cover, then you may be better off taking out an annual travel insurance policy rather than looking for a Gold CC for that purpose.
 

SeaWolf

Established Member
Joined
Jan 24, 2007
Messages
1,220
Solutions
3
Points
425
Qantas
Bronze
Virgin
Platinum
Have a look at Earth and Earth+, they only require an annual earn of $15k, so you might be able to squeeze your way in. Though I think investigating just buying the insurance outright might be better value for you. Though I seem to remember that the annual fee for the ANZ cards meant they weren't very good value so you might be better off switching to Earth anyway.
earth - Home
 
Combining a phone charger and phone holder our Magnetic Wireless Car Phone Charger quickly charges your phone while driving without tangled cords!

Suitable for car dashboard air vent installation, our wireless phone charger makes phone calls and GPS navigation easier more convenient.

AFF Supporters can remove this and all advertisements

Status
Not open for further replies.
Top