November 1st, 2007
Correction: This article originally indicated that the Amtrak World Mastercard included car rental liability insurance everywhere in the world. It does not have that protection. Generally, anyone who has an auto insurance policy is covered for liability (3rd party injury/death coverage). I could not find any credit card that does have liability protection for car rentals.
The card does have car rental CDW insurance everywhere in the world. This includes coverage in case your rental car is damaged or stolen.
Amtrak Credit Card Linky
This card has no annual fee, and points can be transferred to Continental at a 1:1 basis or to Choice Privileges at a 1:5 basis!
Because this (surprisingly for a no-fee card) is a premium “World Matercard”, it includes car rental CDW (Collision/Damage Waiver) insurance even in places like Israel where no Visa/AMEX/Regular Mastercard covers you!
The signup bonus is 5,000 points, which isn’t bad for a no annual fee card.
Even if you don’t use the card for spending you can transfer those points into 25,000 Choice points.
Once the points are in Choice they can be used for
-Choice hotel stays
-Luxury hotel stays
-Transfered to Southwest credits at 5,000:2
-Transferred at a 5:1 basis to 9 different airlines including every major U.S. based carrier.
Spending on the card earns 1 point per dollar spent.
Remember that you cannot transfer more than 25,000 Amtrak points out of an Amtrak account within a calender year!
Special bonus: The first person to prove whether or not this card is churnable (able to earn the signup bonus more than once) wins a $50 GC to Amazon.com!