Is there a credit card with no foreign transaction fees, insurance, and other perks?

Credit Cards & Credit Card Programs
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1

I’m looking for the following features, but not sure they all exist in one card:

  • No foreign transaction fees
  • Annual fee offset by travel credit or free flights (or no annual fee)
  • Travel insurance AND rental car insurance (both within Australia and overseas)
  • A reasonable point return per dollar
  • International lounge passes would be a nice extra, as would bonus points

I’ve been looking at the AmEx Explorer card because I like the 100,000 bonus points, two international lounge passes, and the fact that the fairly high annual fee is offset by travel credit. However, I don’t like the 3% foreign transaction fee. ANZ Rewards Travel Adventures looked good too, with no foreign transaction fee, free roundtrip flight on Virgin, and two lounge passes – but the passes can only be used domestically, which is less appealing than the AmEx offer. Neither offers rental car insurance. I have found some cards with rental car insurance, including the BankWest Zero cards, which have no annual fees, but they only insure rental cars overseas. HSBC Platinum offers 2 lounge passes and rental car insurance both domestically and overseas, but you need to spend $6,000 to avoid annual fees, which isn’t great on that card because there are no travel benefits for spending $.
SO, do I need two cards, or is there one card that would include everything I’m looking for? I’d also appreciate feedback on any of the cards I mentioned, or suggestions for similar alternatives, even if they don’t tick all the boxes. Thanks!

2

My understanding is Amex Explorer does provide rental car protection.

3

Bankwest also has No international fee credit cards also. However there is no product that has everything you want.

 

 

4

Amex Explorer does not provide car rental insurance, here is a copy from the T & Cs

  1. BENEFITS 17
    SECTION (A) TRANSPORT ACCIDENT COVER 17
    SECTION (B) TRAVEL INCONVENIENCE COVER 18
    SECTION © MEDICAL EMERGENCY EXPENSES COVER 20
    SECTION (D) RESUMPTION OF JOURNEY COVER 23
    SECTION (E) BAGGAGE, MONEY AND DOCUMENTS COVER 24
    SECTION (F) TRAVEL CANCELLATION COVER 26
    SECTION (G) PERSONAL LIABILITY COVER 29
    SECTION (H) PURCHASE PROTECTION COVER 30
    SECTION (I) REFUND PROTECTION COVER 31
    SECTION (J) BUYERS ADVANTAGE COVER 32
    SECTION (K) SMARTPHONE SCREEN COVER 34
    SECTION (L) LOSS DAMAGE WAIVER COVER 36

The ANZ Black Qantas provides “complimentary” rental vehicle excess cover which does not even require that you pay for the vehicle hire using that card. The cover applies in Aus and overseas. It also has two Qantas lounge passes per year and earns points on payments for shire rates, m/v licences etc.

5

Thanks for the replies. I ended up going with AmEx Explorer – it’s true, they do have rental car insurance, and a lot of other nice features, so I think it’s the best for booking travel and earning points. I think I’ll just get a second card for no international transaction fees (probably one of the no annual fee options).

6