Fun Facts from the Chase Sapphire Preferred Guide to Benefits

I wrote previously about the newly enhanced benefits of the Chase Sapphire Preferred card, but I thought I’d today share some of the more interesting tidbits from the Guide to Benefits.

1. Trip cancellation insurance applies if a terrorist action or hijacking cancels your trip, but not if your trip is cancelled due to declared on undeclared war.

2. For trip cancellation insurance, if part of your trip was paid for using redeemable rewards, the “reimbursement shall equal the monetary value of the redemption”. If no monetary value exists on the itinerary or redemption confirmation, then the reimbursement will only be for $0.01 per point redeemed. That’s a pretty bad redemption rate!

3. Lost luggage insurance and baggage delay insurance apply provided that “some portion of the fare for transportation has been charged to your Account issued by Chase” or if “free flights have been awarded from frequent flier or Rewards programs, provided that all of the miles or Rewards points were accumulated from a Rewards program sponsored by Chase”. I wonder how they can verify the latter part if you have sufficient United mileage but also transfer sufficient Ultimate Rewards points into United miles before booking an award ticket.

4. Similarly, trip delay reimbursement applies “when a portion or the entire cost of the Common Carrier fare is purchased with your Chase credit card”, so you don’t have to pay for your whole trip with your CSP for the benefit to kick in.

5. For travel accident insurance, there are different payout amounts depending on the severity of the accident. Here’s the table: