Chase Ink Card Rental Car Cover: How It Works


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There are many great business credit cards out there, but I would say Chase’s Ink Business Credit Card Wallet is among the best. They have pretty much everything I look for in credit cards – terrific welcome bonuses, great category bonuses, and useful perks.

In this article, I wanted to focus specifically on the exceptional rental car coverage offered by these cards. Rental car coverage can be a great benefit for credit cards, but it’s usually associated with premium cards. The great thing here is that even the no annual fee cards in this line offer such coverage.

Before we get into the thick of it, let’s talk briefly about what makes Chase Ink cards so great in general.

Chase Ink Business Card Welcome Bonus

All three Chase Ink products offer phenomenal bonuses between 75,000 and 100,000 points, as follows:

These are the best bonuses we’ve seen on these cards, and some of the best credit card welcome bonuses available today. For what it’s worth, I rate Ultimate Rewards points at 1.7 cents each, so for me the bonuses are potentially worth $ 1,275 to $ 1,700. Better yet, you are potentially eligible for all three cards (eg I have them all).

You can potentially get all three Chase Ink cards

Chase Ink Business Card Bonus Categories

Not only do Chase Ink cards have great welcome bonuses, they have some of the best bonus categories of any business card:

  • The Ink Business Preferred offers 3x points on the cardholder’s first $ 150,000 in combined purchases per year on travel, shipping, Internet, cable, phone service, and ad purchases made with social media and search engines
  • The Ink Business Cash offers 5x points on the cardholder’s first $ 25,000 in combined purchases per year at office supply stores, the Internet, cable TV, cellphones and landlines, and 2x points on the cardholder’s first $ 25,000 in combined purchases per year on restaurants and gas stations
  • The Ink Business Unlimited offers 1.5x points on all purchases, making it one of the best cards for everyday spending

Since you can get multiple of these cards (and only one card has an annual fee), this is a way to stack multiple excellent bonus categories to earn 1.5-5x points per dollar spent.

Earn 3X more points on travel purchases with Ink Business Preferred

Chase Ink Business Card Rental Car Coverage Details

Hopefully the above demonstrates how great the welcome bonuses and bonus categories on Chase Ink cards are. In this article, I wanted to focus on one of the most useful benefits offered by these three cards.

One of the common credit card benefits that people look for is rental car CDW (collision damage waiver). What is quite remarkable is that Ink Business Preferred, Ink Business Cash and Ink Business Unlimited all offer primary coverage for rental cars.

Getting this level of coverage with a no annual fee card is rare, so I think Ink Cash and Ink Unlimited are great options for anyone who wants a no annual fee business card that offers solid rental car coverage.

It is important to understand that collision insurance is different from insurance for a rental car. A collision damage waiver policy provides reimbursement for damage due to collision or theft up to the actual cash value of most rental vehicles. This includes physical damage and / or theft of covered rental vehicles, loss of use costs assessed by the rental company during repair of the damaged vehicle, and reasonable towing costs associated with a covered loss.

This policy does not cover injuries or damage to other cars, so it is not the same as a rental car insurance policy (which hardly any card offers).

All three Chase Ink cards offer rental car coverage

Chase Ink Cards Provide Primary Coverage for Rental Cars

Chase Ink cards provide primary rental car coverage when renting for business purposes, which means that you do not have to file a claim with another insurance source before you can benefit from this guarantee. In addition, the cards also have offer primary coverage if you are renting outside your country of residence for personal reasons or if you do not have car insurance.

The only time this coverage would be secondary is if you are renting in your country of residence for personal reasons and have auto insurance, in which case the coverage only supplements insurance or reimbursement from any other source.

Chase Ink Card Rental Car Coverage Eligibility

In order to be eligible for the Chase Ink Rental Car Benefit, you must initiate and complete the entire rental transaction using your Benefit Eligible Card, and you must decline the insurance- collision or similar provision of the rental company. If you were to accept the exemption offered by the rental company, you would not be eligible for this benefit.

It should also be pointed out once again that in order to obtain primary coverage you must either rent for business reasons (anywhere in the world), or rent outside your country of residence for personal reasons, or not. not have auto insurance.

Coverage is primary outside of the United States, even for personal rentals

When and where you are covered by Chase Ink Card rental car coverage

Cardholders who are also the primary person listed on the rental agreement are entitled to this benefit, as well as any additional drivers authorized to drive, in accordance with the rental agreement.

Benefits are only valid for rentals up to 31 days, and certain types of cars are excluded, including expensive, exotic, and vintage cars, some vans, vehicles that have an open cargo bed, trucks, motorcycles, mopeds, motorcycles, limousines, and recreational vehicles.

How to File a Chase Ink Card Rental Car Coverage Claim

After something goes wrong, you’ll want to contact the Benefits Administrator, which you can do by dialing the number on the back of your card, and they can sign you in.

Incidents should be reported as soon as possible, but should be reported no later than 60 days after the date of the incident. You will then need to submit the following documents:

  • Completed and signed Collision Rental Vehicle Insurance Claim Form, which must be postmarked within 100 days of the incident
  • A copy of your monthly billing receipt or statement showing that the entire rental of the vehicle has been billed and paid for with your qualifying card
  • Written confirmation from your employer that the rental was primarily for business purposes
  • If the rental was for personal use, a statement from your insurance company showing the charges for which you are responsible and any amounts that were paid for the claim (if you do not have applicable insurance, provide a statement notarized for this purpose)
  • A copy of your primary auto insurer’s declaration page if the rental was for personal use

Also attach any documents you received from the car rental company. You should request these documents from the rental company immediately at the time of the theft or damage or when you return the vehicle to the company:

  • A copy of the accident report form and claim document (this should indicate the costs for which you are responsible and any amounts that have been paid for the claim)
  • A copy of the entire car rental agreement
  • A copy of the repair estimate or detailed repair invoice
  • Two photographs of the damaged vehicle, if available
  • A police report, if available

Once the documents are submitted, you will usually be paid within 15 days.

Rental Car Coverage is a Valuable Benefit for Credit Cards

At the end of the line

The rental car coverage offered by Ink Business Preferred, Ink Business Cash, and Ink Business Unlimited is some of the best you’ll find on any business credit card. This is especially noticeable on the two no annual fee cards, as it is rare to see such a benefit on a no annual fee card. Best of all, this benefit not only covers business rentals, but also covers personal rentals outside your country of residence.

You’ll want to check your cardholder agreement if you plan to use this benefit, so you can be sure you know every little detail, and also because these benefits are always subject to change. This is one of those perks that you will hopefully never need, but if you do, it will definitely come in handy.

Have you ever used rental car coverage from a credit card? If so, what was your experience?


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