Which insurance would you use - Strategy. And 3 card optimal stack?

[KingHuang]

Hey guys,

I've been reading the PDS for a few premium credit cards just trying to determine what my strategy would be when to use what card and for what.

Currently I have Qantas Titanium and Bankwest World. I can't get Amex platinum charge right now, been declined.

My strategy would be as below:

1. Bankwest world - for all international transactions. Only use the insurance in scenarios where I redeemed award ticket outside of QF?

2. Titanium Qantas - all domestic transactions, all international tickets if paying cash, and/or through QF redemption points earned by this card.

3. If I am eventually able to get Amex Plat Charge, to then replace Titanium Qantas completely - from an insurance point of view - OR are there still certain points where you would choose Qantas over Amex.

4. Would it be a optimal 3 card stack eventually, for it covering all basis - as outside of insurance it covers free int FX fee, MC secondary (Qantas) and Amex primary.

5. Would the Explorer Amex be a great alternate to the Plat Charge, given the insurance appears to be just slightly lower than the Plat Charge.

6. Previously also considered Citi Prestige as the Qantas alternate however saw that they are reducing the Priority Pass benefits. Also prefer non Qantas earn as Primary.

7. Can you also charge Company expense to these cards, given you just document properly?

 

[MEL_Traveller]

Depends how the fees stack up for all those cards?

You could also get one premium card for your points earning, and consider something like an ANZ platinum for insurance. $79 annual fee and just need to spend $250 on any travel arrangements to be covered. That includes the taxes fees and charges for an award booking.

 

[KingHuang]

Depends how the fees stack up for all those cards?

You could also get one premium card for your points earning, and consider something like an ANZ platinum for insurance. $79 annual fee and just need to spend $250 on any travel arrangements to be covered. That includes the taxes fees and charges for an award booking.

Yep good point:

Bankwest for me is just for free FX fee - which is worth it annually.

The questionable ones would be to either take 1 premium of Qantas Titanium or Amex Charge Platinum, or take both, or have an alternative!

Or.. another way to look at it is optimal 3 card stack just for peace of mind from an insurance point of view.

 

[MEL_Traveller]

Yes, but for $79 you could dispense with at least two cards and their annual fees. Which are substantial?

That leaves you one other card.

Compare also, the cost of getting an annual insurance policy vs. it having to juggle three cards and put the spend on the appropriate card to cover your trip.

What happens if you put a ticket against the wrong card?