Credit Cards with Transit Accident Insurance

Ranked by estimated first-year value after fees. Uses each offer's best redemption, assumes the bonus is earned and the balance is paid in full.

1. The American Express Platinum Card Referral Offer

American Express points

$1,450 annual fee

Referral offerHow referrals work

Offer

225,000 American Express points

Public Transport Accident Cover pays up to $400,000 for accidental death or permanent disablement while travelling as a passenger on public transport during a covered trip.

Spend $5,000 in 90 days (~$1,667/mo)

Craig's Take

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

Estimated value after fees $1,408

Velocity flights

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2. Qantas Premier Titanium

Qantas points

$1,200 annual fee

Offer

150,000 Qantas points

Public Transport Accident Cover for accidental death or permanent disablement while travelling on public transport.

Spend $5,000 in 90 days (~$1,667/mo)

Craig's Take

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

Estimated value after fees $1,300

Qantas flights

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3. Westpac Altitude Velocity Black (Existing customers)

Velocity points

$295 annual fee

Existing customers onlyCan I become an existing customer?

Offer

90,000 Velocity points

Overseas Transit Accident Insurance covers specified accidental death or injury while boarding, riding or alighting transport overseas when the entire trip is charged to the card before departure; up to $750,000 loss of life per person, $1,300,000 aggregate per event for Level 1 Cards

Spend $6,000 in 90 days (~$2,000/mo)

$200 first year annual fee, $295 thereafter

Craig's Take

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

Estimated value after fees $1,216

Velocity flights

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4. Westpac Altitude Qantas Black (Reduced first year annual fee for Westpac Customers)

Qantas points

$295 annual fee

Existing customers onlyCan I become an existing customer?

Offer

90,000 Qantas points

Overseas Transit Accident Insurance covers specified accidental death or injury sustained overseas as a passenger on a plane, bus, train or short-haul ferry when the entire trip tickets are charged to the card before departure

Spend $6,000 in 90 days (~$2,000/mo)

$200 first year annual fee, $295 thereafter

Offer Expires in 17 days (2026-10-28)

Craig's Take

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

Estimated value after fees $1,123

Qantas flights

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5. Westpac Altitude Velocity Black

Velocity points

$295 annual fee

Offer

90,000 Velocity points

Overseas Transit Accident Insurance covers specified accidental death or injury while boarding, riding or alighting transport overseas when the entire trip is charged to the card before departure; up to $750,000 loss of life per person, $1,300,000 aggregate per event for Level 1 Cards

Spend $6,000 in 90 days (~$2,000/mo)

Craig's Take

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

Estimated value after fees $1,121

Velocity flights

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6. Westpac Altitude Qantas Black

Qantas points

$295 annual fee

Offer

90,000 Qantas points

Overseas Transit Accident Insurance covers specified accidental death or injury sustained overseas as a passenger on a plane, bus, train or short-haul ferry when the entire trip tickets are charged to the card before departure

Spend $6,000 in 90 days (~$2,000/mo)

Offer Expires in 17 days (2026-10-28)

Craig's Take

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

Estimated value after fees $1,028

Qantas flights

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7. Westpac Altitude Velocity Platinum (Reduced first year annual fee for Westpac Customers)

Velocity points

$175 annual fee

Offer

70,000 Velocity points

Overseas Transit Accident Insurance pays for specified accidental death or injury sustained overseas while travelling as a passenger on a plane, bus, train or short-haul ferry when the entire trip is charged to the card; up to $750,000 for loss of life

Spend $4,000 in 90 days (~$1,333/mo)

$99 first year annual fee, $175 thereafter

Craig's Take

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

Estimated value after fees $988

Velocity flights

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8. Westpac Altitude Velocity Platinum

Velocity points

$175 annual fee

Offer

70,000 Velocity points

Overseas Transit Accident Insurance pays for specified accidental death or injury sustained overseas while travelling as a passenger on a plane, bus, train or short-haul ferry when the entire trip is charged to the card; up to $750,000 for loss of life

Spend $4,000 in 90 days (~$1,333/mo)

Craig's Take

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

Estimated value after fees $912

Velocity flights

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9. Westpac Altitude Qantas Platinum

Qantas points

$175 annual fee

Offer

70,000 Qantas points

Overseas Transit Accident Insurance for accidental death or injury while a passenger on a plane, bus, train or short-haul ferry overseas when the trip was charged to the card; up to $750,000 for loss of life, $1,300,000 aggregate per event

Spend $4,000 in 90 days (~$1,333/mo)

Craig's Take

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

Estimated value after fees $841

Qantas flights

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10.

10. Westpac Altitude Rewards Black

Westpac points

$295 annual fee

Offer

100,000 Westpac points

Overseas Transit Accident Insurance covers specified accidental death or injury sustained overseas while riding, boarding or alighting as a passenger on a plane, bus, train or short-haul ferry, when the entire trip tickets were purchased on the card before departure

Spend $12,000 in 365 days (~$986/mo)

$200 first year annual fee, $295 thereafter

Craig's Take

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

Estimated value after fees $285

Krisflyer flights

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11.

11. Westpac Altitude Rewards Platinum (existing customers)

Westpac points

$175 annual fee

Existing customers onlyCan I become an existing customer?

Offer

75,000 Westpac points

Overseas Transit Accident Insurance covering specified accidental death or injury sustained overseas while travelling as a passenger on a plane, bus, train or short-haul ferry when the entire trip was charged to the card account; up to $750,000 for loss of life

Spend $3,000 in 90 days (~$1,000/mo)

$49 first year annual fee, $175 thereafter

Craig's Take

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

Estimated value after fees $281

Krisflyer flights

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12.

12. Bankwest Qantas Platinum Mastercard

Qantas points

$199 annual fee

Offer

20,000 Qantas points

Complimentary Transit Accident cover for international trips fully charged to the card: from $250,000 up to $500,000 per person depending on the extent of injury, with an aggregate limit of $2,500,000 for one accident.

Spend $4,000 in 120 days (~$1,000/mo)

Craig's Take

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

Estimated value after fees $159

Qantas flights

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13.

13. Bankwest Qantas World Mastercard

Qantas points

$320 annual fee

Offer

20,000 Qantas points

Transit Accident cover for international trips fully paid on the card: from $250,000 up to $500,000 per person depending on the extent of injury; $2,500,000 aggregate limit for one accident.

Spend $4,000 in 120 days (~$1,000/mo)

Craig's Take

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

Estimated value after fees $64

Qantas flights

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14.

14. The American Express Platinum Edge Credit Card

American Express points

$195 annual fee

Offer

0 American Express points

Public Transport Accident Cover for accidental death or permanent disablement while travelling as a passenger on public transport, up to $300,000 per covered person

Spend $0 in 0 days

$0 first year annual fee, $195 thereafter

Craig's Take

Average ongoing earn rate. $200 cashback covers the $195 fee.

Value estimate unavailable

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