Hello,
I was just quickly looking through the PDS of the Citibank Gold card Travel Insurance, and I was quite surprised to find the following:
"International Travel Insurance is a benefit available to Gold
Cardholders who permanently reside in Australia when the
person’s overseas return travel ticket i.e. ticket (from and
returning to Australia) or just the ticket from Australia (if
only a one way ticket was obtained), is paid for/arranged before
leaving Australia by one of the following payment methods:
* the overseas travel tickets arranged in exchange for the
Cardholder redeeming their frequent flyer points, provided
that the redemption occurs within one month after the
Cardholder transferring at least 500 Rewards points to the
said frequent flyer programme;"
Whilst I have not read the travel insurance PDS of a credit card for a while, I was under the impression that most credit cards did not cover the cardholder when they redeemed using Qantas Frequent Flyer Points.
So from this paragraph, I believe that all I need to do is to transfer 50O QFF points from Citibank to QFF, and then after one month, all my QFF award flights are covered by Citibank Gold Travel Insurance.
Seems a bit too generous (especially with no annual fee for life) Any thoughts?
I was just quickly looking through the PDS of the Citibank Gold card Travel Insurance, and I was quite surprised to find the following:
"International Travel Insurance is a benefit available to Gold
Cardholders who permanently reside in Australia when the
person’s overseas return travel ticket i.e. ticket (from and
returning to Australia) or just the ticket from Australia (if
only a one way ticket was obtained), is paid for/arranged before
leaving Australia by one of the following payment methods:
* the overseas travel tickets arranged in exchange for the
Cardholder redeeming their frequent flyer points, provided
that the redemption occurs within one month after the
Cardholder transferring at least 500 Rewards points to the
said frequent flyer programme;"
Whilst I have not read the travel insurance PDS of a credit card for a while, I was under the impression that most credit cards did not cover the cardholder when they redeemed using Qantas Frequent Flyer Points.
So from this paragraph, I believe that all I need to do is to transfer 50O QFF points from Citibank to QFF, and then after one month, all my QFF award flights are covered by Citibank Gold Travel Insurance.
Seems a bit too generous (especially with no annual fee for life) Any thoughts?