Gem Visa insurance

Credit Card Insurance

Get protection on Gem Visa purchases

Shopper's Protection Insurance

Shopper's Protection Insurance gives you the security that you could meet your Gem Visa monthly repayments if your income stopped and you were unable to work due to illness or injury, or involuntary unemployment.

We also provide cover against loss or damage for the things you buy, even against certain price reductions. Here’s how this part of the cover works:

Price Protection

Means never having to miss out on the sales again. If you buy something with your Gem Visa and you see its dropped in price at the same retailer anytime in the first 6 months after you bought it, we'll pay the difference in price back onto your card. So the more you claim the more you can save.

Merchandise Protection

Covers the things you buy on your card if it is lost, stolen or damaged within 6 months from the date of purchase, we'll pay for the cost of repair or replacement to your account.

Stolen Card Protection

If your Gem Visa card is stolen, we'll pay $200 to your account - just for the inconvenience.

Balance Protection

If you lose your job, or can't work due to sickness or injury, we'll pay the balance of your account, up to $5000. If you should die, we'll pay the balance in full – up to $20,000.

Affordable Protection

You can enjoy the peace of mind of Shopper’s Protection and more for just 1.0% of your monthly closing balance, up to a maximum of $50 a month – so you’ll never pay more than that. It’s automatically debited to your card account, so there aren’t any hidden or extra bills to pay and you’ll see the premium on your statement.

How to apply

You can apply for Shopper’s Protection when you apply for your Gem Visa online, or you can call us on 1300 630 977 and ask to have Shopper’s Protection Insurance added to your account.

There are some conditions and exclusions1. To see if Shopper's Protection is right for you, read the Combined FSG, PDS and Policy.

  1. Shopper's Protection is issued by Hallmark General Insurance Company Ltd. ABN 82 008 477 647 AFSL 243478 and Hallmark Life Insurance Company Ltd. ABN 87 008 446 884 AFSL 243469. Any advice on this website does not take into account your personal objectives, financial situation or needs. You should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, and read the relevant Product Disclosure Statement (PDS) before deciding whether to purchase this product.