Credit Cards with Rental Vehicle Insurance

$1,200 annual fee
Offer
150,000 Qantas points
Rental vehicle excess cover up to $5,000 per covered person overseas or $3,000 domestic, $250 excess, when the hire is paid to the card (hire under 30 days).
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. High $1200 fee — make sure you'll use the perks.

Est. profit $1,200
Read my analysis
$395 annual fee
OfferTargeted
100,000 American Express points
Loss Damage Waiver Cover up to $100,000 for loss or damage to a rental vehicle hired for less than 31 days and paid on the Card; driver must be aged 21-79; motorcycles, campervans and buses excluded
Spend $4,000 in 90 days (~$1,333/mo)
Offer Expires 7 months ago (2025-12-02)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Excellent ongoing earn rate. $400 cashback covers the $395 fee.

Read my analysis
$375 annual fee
Offer
130,000 ANZ points
Rental Vehicle Excess Insurance in Australia covers rental vehicle excess for damage or theft up to $5,000 (or the amount in the rental agreement, whichever is lesser) when the entire rental is charged to the card account; $100 excess per claim
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $100 cashback offsets the $375 fee.

Read my analysis
Image of MyCard Prestige Velocity credit card
Velocity points
$700 annual fee
Offer
150,000 Velocity points
Rental vehicle excess cover in Australia up to $10,000 for damage or theft when the full rental is charged to the card; $100 excess per claim
Spend $12,000 in 90 days (~$4,000/mo)
Craig
Craig's Take

Tough spend — $133/day for 90 days. Average ongoing earn rate. High $700 fee — make sure you'll use the perks.

Est. profit $1,850
Read my analysis
Image of MyCard Premier Velocity credit card
Velocity points
$300 annual fee
Offer
110,000 Velocity points
Rental vehicle excess insurance in Australia covering damage or theft excess up to $10,000 per rental period when the entire rental is charged to the card; $100 excess per claim
Spend $8,000 in 90 days (~$2,667/mo)
Craig
Craig's Take

Moderate spend — $89/day for 90 days. Average ongoing earn rate. $72 cashback offsets the $300 fee.

Est. profit $1,642
Read my analysis
$320 annual fee
Offer
80,000 Qantas points
Rental Vehicle Insurance Excess cover up to $3,000, available as an optional Upgraded Benefit when applied for and a premium is paid before the journey
Spend $35,000 in 150 days (~$7,000/mo)
Craig
Craig's Take

Tough spend — $233/day for 150 days. Excellent ongoing earn rate.

Est. profit $960
Read my analysis
Image of MyCard Premier credit card
MyCard points
$300 annual fee
Offer
120,000 MyCard points
Rental vehicle excess insurance in Australia covering damage or theft excess up to $10,000 per rental period when the entire rental is charged to the card; $100 excess per claim
Spend $7,000 in 90 days (~$2,333/mo)
Craig
Craig's Take

Moderate spend — $78/day for 90 days. Average ongoing earn rate. $72 cashback offsets the $300 fee.

Read my analysis
$295 annual fee
Offer
75,000 Qantas points
Rental Vehicle Excess Insurance in Australia covering rental vehicle damage or theft up to the agreement amount or $5,000 (whichever is lesser) when the full rental is charged to the card; $100 excess per claim
Spend $2,500 in 90 days (~$833/mo)
Craig
Craig's Take

Easy $28/day spend to hit the bonus. Good ongoing earn rate. $100 cashback offsets the $295 fee.

Est. profit $1,005
Read my analysis
Image of MyCard Premier Qantas credit card
Qantas points
$350 annual fee
Offer
70,000 Qantas points
Rental vehicle excess insurance in Australia covering damage or theft up to $10,000 per rental period when the full rental cost is charged to the card account; $100 excess.
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $770
Read my analysis
$749 annual fee
Offer
125,000 Qantas points
Rental Vehicle Excess Insurance in Australia covers rental vehicle damage or theft excess up to $10,000 per cardholder or spouse (plus up to $750 to return the vehicle), $600 excess; available to Level 1 cardholders
Spend $10,000 in 90 days (~$3,333/mo)
Craig
Craig's Take

Tough spend — $111/day for 90 days. Average ongoing earn rate. $100 cashback offsets the $749 fee.

Est. profit $1,351
Read my analysis
Image of MyCard Prestige credit card
MyCard points
$700 annual fee
Offer
250,000 MyCard points
Rental vehicle excess cover in Australia up to $10,000 for damage or theft when the full rental is charged to the card; $100 excess per claim
Spend $10,000 in 90 days (~$3,333/mo)
Craig
Craig's Take

Tough spend — $111/day for 90 days. Average ongoing earn rate. $100 cashback offsets the $700 fee.

Read my analysis
$295 annual fee
Offer
60,000 Qantas points
Complimentary rental vehicle excess in Australia insurance
Spend $3,000 in 90 days (~$1,000/mo)
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate. $150 cashback offsets the $295 fee.

Est. profit $815
Read my analysis
$425 annual fee
Offer
90,000 Qantas points
Rental vehicle excess cover within the international travel insurance, up to $5,000 per cardholder or spouse for rental vehicle damage or theft (plus up to $750 for return of the rental vehicle).
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $200 cashback offsets the $425 fee.

Est. profit $1,215
Read my analysis
$0 annual fee
Offer
60,000 Commbank points
Rental Vehicle Insurance Excess cover up to $2,250 under the activated Overseas Travel Policy
Spend $9,000 in 90 days (~$3,000/mo)
Craig
Craig's Take

Moderate spend — $100/day for 90 days. Average ongoing earn rate.

Read my analysis
$295 annual fee
Offer
100,000 Westpac points
Rental Vehicle Excess in Australia Insurance covers rental vehicle excess up to the amount in the rental agreement or $5,500 (whichever is lesser) when the full rental is charged to the card; $300 excess
Spend $12,000 in 365 days (~$986/mo)
$200 first year annual fee, $295 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$149 annual fee
Offer
0 Cashback points
Rental vehicle excess cover up to $2,250 if a rental vehicle is damaged or stolen while in your custody during the period of cover (subject to a $400 excess)
Spend $0 in 0 days
Craig
Craig's Take
Read my analysis
$175 annual fee
Offer
75,000 Bank of Melbourne points
Rental vehicle excess cover up to $5,500 overseas, plus separate Rental Vehicle Excess in Australia cover, where the rental agreement specifies an excess and the vehicle is damaged or stolen in your custody
Spend $3,000 in 90 days (~$1,000/mo)
$99 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$0 annual fee
Offer
40,000 Commbank points
Rental Vehicle Insurance Excess cover up to $2,250 per journey under the activated Overseas Travel Policy
Spend $4,500 in 90 days (~$1,500/mo)
Craig
Craig's Take

Easy $50/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$175 annual fee
Offer
70,000 Qantas points
Rental Vehicle Excess in Australia cover up to the lesser of the rental agreement excess or $5,500 when the entire rental cost is charged to the card; $300 excess per claim
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $870
Read my analysis
$295 annual fee
Offer
90,000 Qantas points
Rental Vehicle Excess in Australia cover up to the amount specified in the rental agreement or $5,500, whichever is lesser, when the entire rental payment is charged to the card account, subject to a $300 excess; overseas rental vehicle excess up to $5,500 also covered under International Travel Insurance
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,070
Read my analysis
St.George Amplify points
$175 annual fee
Offer
75,000 St.George Amplify points
Rental vehicle excess cover in Australia and overseas up to $5,500 (or the excess specified in the rental agreement, whichever is lesser) for a vehicle damaged or stolen while in your custody; $300 excess applies
Spend $3,000 in 90 days (~$1,000/mo)
$99 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$295 annual fee
Existing customers onlyCan I become an existing customer?
Offer
100,000 St.George Amplify points
Rental Vehicle Excess in Australia cover (and overseas rental vehicle excess under travel insurance) up to $5,500 when the rental is charged to the card; $300 excess
Spend $12,000 in 365 days (~$986/mo)
$149 first year annual fee, $295 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$1,450 annual fee
OfferTargeted
225,000 American Express points
Loss Damage Waiver Cover insures loss or damage to a rental vehicle hired for less than 31 days and paid on the Card, up to $125,000; driver must be aged 21-79; motorcycles, campervans, buses and vehicles over $125,000 excluded.
Spend $5,000 in 90 days (~$1,667/mo)
Offer Expires in 2 months (2026-08-25)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $450 cashback offsets the $1450 fee.

Read my analysis
$295 annual fee
Existing customers onlyCan I become an existing customer?
Offer
90,000 Qantas points
Rental vehicle excess cover in Australia up to the amount in the rental agreement or $5,500 (whichever is lesser) when the rental is charged to the card; $300 excess per claim
Spend $6,000 in 90 days (~$2,000/mo)
$200 first year annual fee, $295 thereafter
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,165
Read my analysis
$175 annual fee
Offer
70,000 Qantas points
Rental Vehicle Excess in Australia cover up to the excess in the rental agreement or $5,500, whichever is lesser; $300 excess
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $870
Read my analysis
$175 annual fee
Offer
75,000 Westpac points
Rental vehicle excess cover in Australia up to the amount specified in the rental agreement or $5,500, whichever is lesser, when the rental is charged to the card account; $300 excess per claim
Spend $3,000 in 90 days (~$1,000/mo)
$49 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$295 annual fee
Offer
90,000 Qantas points
Rental vehicle excess cover in Australia up to the amount in the rental agreement or $5,500 (whichever is lesser) when the rental is charged to the card; $300 excess per claim
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,070
Read my analysis
$149 annual fee
Offer
85,000 ANZ points
Rental vehicle excess cover in Australia for damage or theft up to $5,000 per cardholder or spouse, plus up to $750 for return of the rental vehicle
Spend $3,500 in 90 days (~$1,167/mo)
Craig
Craig's Take

Easy $39/day spend to hit the bonus. Good ongoing earn rate. $50 cashback offsets the $149 fee.

Read my analysis
$295 annual fee
Offer
90,000 Velocity points
Rental Vehicle Excess in Australia cover up to the lesser of the excess specified in the rental agreement or $5,500 when the entire rental is charged to the card account; $300 excess per claim. Overseas rental vehicle excess up to $5,500 is also covered under International Travel Insurance
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,160
Read my analysis
$295 annual fee
Existing customers onlyCan I become an existing customer?
Offer
90,000 Velocity points
Rental Vehicle Excess in Australia cover up to the lesser of the excess specified in the rental agreement or $5,500 when the entire rental is charged to the card account; $300 excess per claim. Overseas rental vehicle excess up to $5,500 is also covered under International Travel Insurance
Spend $6,000 in 90 days (~$2,000/mo)
$200 first year annual fee, $295 thereafter
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,255
Read my analysis
$175 annual fee
Offer
70,000 Velocity points
Rental vehicle excess cover up to $5,500 for damage or theft of a rental vehicle, both overseas (under International Travel Insurance) and in Australia, when the rental is charged to the card; $300 excess
Spend $4,000 in 90 days (~$1,333/mo)
$99 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $1,016
Read my analysis
$175 annual fee
Offer
70,000 Velocity points
Rental vehicle excess cover up to $5,500 for damage or theft of a rental vehicle, both overseas (under International Travel Insurance) and in Australia, when the rental is charged to the card; $300 excess
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $940
Read my analysis
$420 annual fee
Offer
100,000 Qantas points
Complimentary rental vehicle excess in Australia insurance
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $250 cashback offsets the $420 fee.

Est. profit $1,430
Read my analysis
$420 annual fee
Existing customers onlyCan I become an existing customer?
Offer
100,000 Qantas points
Complimentary rental vehicle excess in Australia insurance
Spend $5,000 in 90 days (~$1,667/mo)
$320 first year annual fee, $420 thereafter
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $250 cashback offsets the $420 fee.

Est. profit $1,530
Read my analysis
Craig

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— Craig