Chase Sapphire Preferred: trip cancellation insurance

What the summary says

Trip cancellation and interruption insurance up to $10,000 per covered traveler and $20,000 per trip

The summary states no limit for it. That means none was written down, not that there is none — the guide to benefits has the figure.

Read from the issuer's benefit summary 2026-11.

Who it is worth it for

If trip cancellation insurance is the reason you are looking at the Chase Sapphire Preferred, the Chase DoorDash Rewards Mastercard lists it too, with no annual fee — $95 a year less. 4 cards here carry it for a lower fee in all. What the difference buys is the rest of the Chase Sapphire Preferred: its rewards and the other benefits below. Compare the two summaries before deciding they are the same cover.

On rewards alone, the illustrative household spending $2,205 a month (the assumption, in full) earns about $814 a year on the Chase Sapphire Preferred, or $719 once its $95 fee is paid. So the rewards pay the fee before this benefit is counted: for somebody who spends like that household, the benefit comes on top.

Every card here with trip cancellation insurance

The Chase Sapphire Preferred's other dated benefits

• Rental car — primary cover — up to $60,000 per claim
• Purchase protection — up to $500 per claim, 120 days
• Extended warranty
• Trip delay
• Baggage
• Global Entry / TSA PreCheck

Questions people ask

Does the Chase Sapphire Preferred come with trip cancellation insurance?

Yes. Its benefit summary, read 2026-11, says: “Trip cancellation and interruption insurance up to $10,000 per covered traveler and $20,000 per trip”. The full guide to benefits sets the conditions, so read it before relying on the trip cancellation insurance.

Which credit card has trip cancellation insurance for a lower annual fee than the Chase Sapphire Preferred?

The Chase DoorDash Rewards Mastercard lists it with no annual fee, $95 a year less. 4 cards with dated benefits carry it for a lower fee in all.