Travel Accident Insurance covers accidental death or dismemberment (AD&D) when the entire fare for a common carrier trip is charged to the card. Coverage applies to the primary cardmember and authorized employees.
Bank of America Platinum Plus Mastercard benefits: does the insurance coverage hold up?
Bank of America·$0/year·Mastercard
Pauline LauroreAuthor of HelloSafe's card insurance reviewsUpdated June 12, 20268 min read
0,9/5Independent review · verified June 2026
0,1
2,8
1,9
Our Verdict · Travel Insurance
Our opinion on Bank of America Platinum Plus Mastercard Business Travel Insurance
Expert review · Pauline LauroreAuthor of HelloSafe's card insurance reviews
Travel protection is minimal: only common carrier AD&D at $100K. No trip cancellation, no medical, no delay or baggage benefits.
What works on travel
- Travel Accident Insurance ($100K AD&D) included at no extra cost
- Covers common carrier trips paid entirely with the card
- Applies to primary cardmember and authorized employees
Where travel breaks down
- No trip cancellation or interruption coverage
- No emergency medical or evacuation benefit
- No baggage delay or baggage loss coverage
- No trip delay reimbursement
Our methodology
Every score is derived from official bank documents: terms and conditions, benefit guides, and claim procedures. No commercial relationship influences our ratings.
Travel Insurance · 11 guarantees
What does Bank of America Platinum Plus Mastercard Business Travel Insurance actually cover?
Quality, not just caps
Full fare for the common carrier trip must be charged to the card Covers common carriers only (plane, train, bus, ship) Accidental death or permanent dismemberment only
What's not covered
- No coverage for illness or non-accidental death
- Does not cover private vehicles or rental cars
- Pre-existing conditions excluded
We source benefits from official card guides, but PDFs are sometimes hard to obtain or update. Spotted something off?
Coverage Radar
Where the Bank of America Platinum Plus Mastercard Business wins, where it loses
Coverage snapshot for this tab — click any layer to highlight its scores.
Compare
Platinum Plus Mastercard BusinessThis card0.9/5?
$0/yrWith travel insuranceIdeal
Complete coverage · 5.0 / 5Premium card avg.
$150 avg. annual feeClick a layer to highlight its scores on the radar.
Side-by-side comparison
How the Bank of America Platinum Plus Mastercard Business stacks up against the alternatives
Same 5 coverage dimensions, ranked head-to-head against the cards most Platinum Plus Mastercard Business shoppers also consider.
| Card | This card Platinum Plus Mastercard Business Bank of America · $0/yr 0.9/5? | Premium Rewards Elite Bank of America · $550/yr 3.2/5? | Aeroplan Chase · $95/yr 3.2/5? | Sapphire Reserve Chase · $795/yr 3.9/5? |
|---|---|---|---|---|
Trip cancellation Per person, per trip cap | Not covered Cover this gap → | $2,500 per person Common Carrier fare only | $1,500 per person All prepaid travel | $10,000 per person 13 covered reasons |
Emergency medical Hospital bills abroad | Not covered Cover this gap → | Not covered | $2,500 Reimbursement only | $2,500 | $50 deductible $50 deductible |
Emergency evacuation Air ambulance + repatriation | Not covered Cover this gap → | $50,000 Pre-authorization required | $100,000 Pre-auth required | $100,000 | pre-auth required Pre-authorization required |
Trip delay trigger Hours before benefits kick in | Not covered Cover this gap → | 6h / $500/ticket Trigger: 6 hours or overnight | 12h / $500 Trigger: 12 hours | $500 after 6 hours Trigger: 6 hours |
Rental CDW Primary or secondary | Secondary / ACV Secondary coverage | Primary / $75,000 Primary coverage | Secondary / $75,000 Secondary CDW | Primary / $75,000 Primary coverage |
StrongLimited / misleadingNot covered
Data verified against each card's Guide to Benefits, May 2026.
Cardholder reviews
What cardholders say about the Bank of America Platinum Plus Mastercard Business
Based on verified cardholder experiences from SuperMoney, FinanceBuzz, and NerdWallet 3 reviews
SU
SuperMoney User
Solid no-fee business card with fraud protection
No annual fee like some other bank cards, fraud protection and purchase coverage make it a solid basic business card. Customer service was quick to remove any fraud charges without question.
FR
FinanceBuzz Reviewer
No rewards program is a dealbreaker
The lack of a rewards program is a significant drawback. You won't earn any cash back, points, or miles on business expenses, which limits its long-term value.
NR
NerdWallet Reviewer
Foreign transaction fees make it unusable abroad
3% foreign transaction fees make this card unusable for international travel or purchases. Insurance coverage is very bare-bones with no trip cancellation, no baggage delay, no emergency medical.
Emergency · Card assistance line
How to contact Bank of America Platinum Plus Mastercard Business assistance?
Contact Mastercard Assistance Center to initiate any claim or request emergency assistance.
In the US
1-800-627-8372
Toll-free · 24/7
Outside the US
+1-636-722-7111
Collect call · 24/7
Benefit administrator: Mastercard Assistance Center
Claims & pre-authorizations
How to file a claim
1
Contact Mastercard Assistance
Call 1-800-627-8372 (US) or +1-636-722-7111 (international) within the required timeframe after the incident. Have your card number and incident details ready.
2
Submit documentation
Provide required documents: card statement showing the purchase or travel charge, police report (for theft), rental agreement (for CDW), and any other supporting evidence requested by the administrator.
3
Receive reimbursement
Once your claim is approved, reimbursement is processed to your account. Purchase Security claims are typically resolved within 5 business days of receiving all required documentation.
FAQ
What people ask about the Bank of America Platinum Plus Mastercard Business
- No. The Platinum Plus Mastercard Business Credit Card does not include trip cancellation or trip interruption insurance. If your trip is cancelled or cut short for a covered reason, you would need to rely on a separate travel insurance policy or a card that includes this benefit.
- The card includes Travel Accident Insurance covering accidental death or dismemberment (AD&D) up to $100,000 when the full fare for a common carrier trip (plane, train, bus, ship) is charged to the card. This applies to the primary cardmember and authorized employees.
- The Auto Rental CDW coverage is secondary. This means it pays only after your personal auto insurance has been applied. You must decline the rental agency's collision damage waiver (CDW/LDW) and pay the entire rental with your card. Coverage applies for rentals up to 31 consecutive days.
- Yes. Purchase Security covers eligible items against theft, damage, fire, or accidental breakage within 90 days of purchase. The maximum coverage is $10,000 per claim and $50,000 per cardholder per year, with no deductible.
- Yes. The Extended Warranty benefit adds 1 additional year to eligible manufacturer warranties of 3 years or less. The maximum is $10,000 per claim and $50,000 per cardholder per year. Items must be purchased entirely with the card.
- No. The Platinum Plus Mastercard Business does not include emergency medical insurance, hospital fees abroad, or medical evacuation coverage. Frequent international travelers should consider a card with comprehensive travel medical benefits or purchase a standalone travel insurance policy.
- Contact the Mastercard Assistance Center at 1-800-627-8372 (US, toll-free) or +1-636-722-7111 (international, collect) to initiate a claim. Have your card number, incident details, and supporting documentation ready. For CDW claims, call 1-800-592-4089.
- Yes. The Bank of America Platinum Plus Mastercard Business charges a 3% foreign transaction fee on purchases made outside the US. This makes it a poor choice for international travel or foreign currency purchases. Consider a no-foreign-transaction-fee card if you travel frequently.
Not just Bank of America
Other cards worth considering
Platinum Plus Mastercard Business is a strong choice — but depending on what you prioritize, one of these may suit you better.
Sapphire Reserve
Chase
Sapphire Reserve Business
Chase
Ritz-Carlton
Chase
Prestige
Citi
