9 Best Credit Cards for Cell Phone Insurance Protection [2022]

mobile phones: we all have one, but let’s face it: they are incredibly expensive.

In previous years, flagship smartphones sold for between $600 and $800, depending on storage size, but now you’re more likely to pay more than $1,000. upgrade to more storage and a bigger screen, and you’re paying big bucks.

Reading: Which credit cards cover phone insurance

Because the loss, damage, or theft of your cell phone can be costly and inconvenient, now is the time to secure protection that could help offset financial damage should such an occurrence occur.

You can often buy cell phone insurance from your carrier, but that requires a hefty upfront fee (think applecare+) or a monthly charge from your carrier. when it comes time to use insurance, you may still have to pay a high deductible.

Fortunately, a lot of credit cards offer complimentary cell phone insurance when you pay your phone bill with the card. The best part is that this insurance is free; there’s no additional monthly fee, though you may need to pay a small deductible to use it.

In this article, we’ll look at some of the best credit cards that offer cell phone insurance and determine if that coverage might be a sufficient alternative to buying coverage. We’ll give you a quick overview of each card and explain the associated cell phone insurance benefits you can expect to receive with the card.

Let’s get started!

what is credit card cell phone protection?

Cell phone insurance is exactly what it sounds like: an insurance plan for your cell phone. As mentioned in the introduction, this is slowly becoming a more common credit card benefit.

Most of the time, credit card cell phone insurance is secondary to any other coverage you may have. For example, you may have a monthly protection plan that you purchase from your phone provider, or there may be cell phone coverage in your homeowners or renters insurance policy. you would have to claim this insurance before claiming your credit card benefits.

many credit cards have other limitations, such as not covering the loss of a phone. instead, cell phone insurance typically covers things like theft and damage, more on that later.

who is covered

Most cell phone credit card protections will cover the phones associated with the monthly service bills you pay with your eligible card. In other words, phone numbers generally need to be listed on your monthly bill in order to be covered by your credit card insurance plan. This makes credit card cell phone insurance extremely valuable for family plans, as everyone on the plan will be covered.

Some card issuers limit the number of additional lines covered, such as Citi, which has a limit of 4 additional lines, while others may be unlimited. be sure to check these limits if you have a large family plan.

what is covered

Most credit card coverage comes with a deductible that you must pay when you claim the insurance benefit; this can range from $25 to $100 and is usually deducted from the insurance payment.

Also, if you have different cell phone coverage than your credit card, that coverage will be primary before the credit card coverage goes into effect. With this in mind, you may decide to waive your carrier’s or manufacturer’s coverage when you purchase your cell phone.

Standard covered losses include accidental damage that renders your phone less or non-functional, water damage, and most cases of theft.

To cover your phone, you must pay your monthly cell phone bill with your credit card. coverage is generally effective the first day of the month after you begin paying for monthly service on your card.

what is not normally covered

As with most protections, there are more losses that are not covered than are covered. Here is a list of common exclusions for cell phone protection found on your credit card:

• phone accessories
• phones purchased for resale
• mysterious disappearance
• phones stolen from carry-on baggage or under the control/care of a common carrier
• cosmetic damage to the phone
• pay-as-you-go, prepaid, leased, loaned or rented phones
• intentional or illegal acts
• voluntary separation from the phone (involuntary and accidental separation may be covered)
• replacement phones not purchased from the retailer
• taxes, shipping and transportation costs

In a nutshell: You can cover more cell phones than your own by paying for monthly service with your eligible card. furthermore, theft and damage are the most common covered losses, while the act of losing your phone may or may not be covered. coverage details depend solely on the terms and conditions of the credit card coverage.

the 5 best personal credit cards that offer cell phone insurance

Now, let’s take a look at the best credit cards that offer cell phone insurance. We’ve summarized the cards and cell phone coverage in the table below, then added the card details and coverage in the following paragraphs.

delta skymiles® card reserve american express

1. chase freedom flex℠ (no annual fee card)

You’ll get a lot of value with the flexible freedom card with no annual fee. With 5% earnings in rotating quarterly bonus categories, plus high earnings for purchases at Chase Travel Portal, restaurants and pharmacies, there are plenty of ways to earn cash back and ultimate rewards points.

Combine the card with a chase premium card and you’ll have access to increased value (up to 1.5 cents per point) when you redeem for travel, plus the ability to transfer points to travel partners for even more potential value .

mobile phone insurance summary

pay your monthly cell phone bill with your card and receive coverage for theft and damage. there is an $800 maximum per claim, a limit of 2 claims per 12-month period, and a $50 deductible per claim.

2. the american express platinum® card

Top tip: Check if you are eligible for a great welcome offer of up to 150,000 points with the amex platinum card! (Current public offering is 100,000.)

the amex platinum card is one of the best travel cards on the market thanks to its excellent and full benefits, such as greater access to airport lounge networks, car rental benefits, elite hotel status with marriott and hilton, statement credits for select purchases, and even cell phone insurance!

Frequent travelers will love the amex platinum card earning rates, which include:

• 5x points per dollar on flights booked directly with airlines or amex travel
• 5x points per dollar on hotels booked with amex travel

in addition, the amex platinum card earns 1 point per dollar on all non-rewarded purchases.

cell phone insurance overview

With your amex platinum card, you’ll receive up to $1,600 in cell phone protection against theft and damage per 12-month period, including cosmetic damage like cracks in your phone’s screen. coverage is limited to up to 2 claims per year with a total of $800 per claim. You will be responsible for a $50 deductible each time you file a claim.

To receive this coverage, you will need to pay your monthly phone bill with your amex platinum card.

3. capital one venture x rewards credit card

we like that the capone venture x card almost pays for itself with a $300 statement credit for using capital one travel for your purchase. add the additional value of 10,000 miles at card renewal and you’ll find the card offers enough value to more than offset the fee.

See also : Glossary of Billing Terms | Dignity Health

In addition to a long list of travel benefits and protections, such as worldwide lounge access, major car rental coverage, trip cancellation/interruption/delay, baggage insurance, and roadside assistance, you’ll also find that the card has excellent protection.

cell phone insurance overview

First, you’ll want to pay your monthly bill with your card. then you’ll be covered up to $800 if your phone is lost or stolen. there is a limit of 2 claims per 12-month period, a maximum of $1,600 total, and you will pay a $50 deductible for each claim.

4. american express platinum skymiles® delta card

A great option for delta travelers, the delta platinum card offers benefits like free checked bags, discounts on onboard purchases, an annual companion certificate, and much more.

the card also earns delta skymiles on the following purchases:

• 3 times skymiles per dollar on delta purchases and eligible hotels
• 2x skymiles per dollar at restaurants and in the us. uu. supermarkets

You will also receive 1 skymile per dollar on all other eligible purchases that do not fall within the above categories.

mobile phone insurance summary

the delta platinum card includes up to $1,600 in cell phone theft and damage protection per 12-month period, including cosmetic damage, which is often not covered by most plans. you can file up to 2 claims per year for a total of $800 per claim and please note that each claim will have a $50 deductible.

As with the other cards mentioned, you’ll need to pay your cell phone bill with your delta platinum card to be eligible for coverage.

5. delta skymiles® card reserve american express

the delta reserve card is a must have for delta loyalists. The card offers access to delta sky clubs and amex centurion lounges when you fly on delta, and you’ll also receive complimentary upgrades on delta flights, an annual companion certificate, priority boarding and more.

the delta reserve card has only 1 bonus category that allows you to earn 3x skymiles per dollar on all delta purchases. you will still receive 1 skymile per dollar on all other eligible purchases.

mobile phone insurance summary

As with the Platinum Delta Card, the Reserve Delta Card also includes up to $1,600 in cell phone protection over a 12-month period, including cosmetic damage. you can file up to 2 claims per year for a total of $800 per claim and please note that each claim will have a $50 deductible.

again, you will need to pay your cell phone bill with your delta standby card to be eligible for coverage.

Important Tip: Cell phone protection is a World Elite MasterCard benefit, but not all World Elite MasterCard cards offer the benefit. the specific financial institution issuing the card will decide whether to include it as one of the benefits. If your card is covered, you can expect up to $800 per claim, a maximum of 2 claims each year totaling $1,000, and each claim will have a $50 deductible.

the 4 best business credit cards that offer cell phone insurance

Looking for a business credit card that offers cell phone insurance for you and your employees? consider the following options.

delta skymiles® reserve business american express card

1. american express business platinum card® (first choice)

Top Tip: Check if you’re eligible for a great welcome offer of up to 150,000 points with amex business platinum! (The current public offering is 120,000.)

Business owners looking for a great travel card that also offers cell phone insurance will be hard-pressed to find a better option than the Amex Platinum Business Card. with it, you’ll receive access to american express’s best-in-class collection of global lounges, elite status from hilton and marriott upon enrollment, up to $400 annual dell credit, plus great travel and purchase protections. /p>

With your amex business platinum card, you’ll earn rewards at these rates:

• 5x points on flight and hotel purchases through amex travel
• 1.5x points on eligible purchases in key business categories, as well as purchases of $5,000 or more everywhere else (up to $2 million in purchases per calendar year)

cell phone insurance overview

The cell phone insurance coverage provided with the Amex Platinum Business Card is top-tier, providing cardholders with up to $1,600 in cell phone protection each year. Better yet, coverage includes cosmetic damage to your phone, like a cracked screen, which is something many other phone insurance policies exclude.

amex business platinum cardholders can make 2 claims per year for themselves or any employee’s phone, and each claim will cover up to $800 in damages after paying a deductible of just $50. Of course, you’ll need to pay your monthly cell phone bill with your Amex Platinum Business Card to receive coverage.

2. delta skymiles® platinum business american express card

Business owners who spend a lot of time flying delta will love the benefits of the delta platinum business card, like the annual companion certificate and free checked bags.

with the delta platinum business card, you’ll earn on the following purchases:

• 3x miles per dollar on delta and hotel purchases
• 1.5x miles per dollar on purchases over $5,000

You will also receive 1 mile per dollar on all purchases outside of the above categories.

mobile phone insurance summary

Like the personal version of the card, the Delta Platinum Business Card offers cardholders up to $1,600 in cell phone protection against theft and damage over a 12-month period. You can file up to 2 claims per year, with a maximum of $800 per claim and a $50 deductible per claim.

To receive this coverage, you will need to pay your company’s monthly cell phone bill with the Delta Platinum Business Card.

3. delta skymiles® book business american express card

Any business owner who is a frequent delta flyer should consider adding the Delta Reserve Business Card to their wallet. offers cell phone insurance and gives you access to complimentary upgrades, along with amex centurion lounges and delta sky clubs when you fly delta.

plus, you’ll earn 3x miles per dollar on all delta purchases and 1 mile per dollar on all other purchases. however, once you’ve spent $150,000 on the card, your non-delta purchases will start earning 1.5 miles per dollar, making it a great option for delta loyalists with a lot of spending.

cell phone insurance overview

cell phone coverage on the commercial delta reserve card is the same as all other delta cards on our list, with up to $1,600 in cell phone protection per 12-month period. cardholders can file 2 claims per year, up to $800 per claim, and each claim includes a $50 deductible.

just like the other delta cards, you will need to pay your monthly phone bill with your commercial delta standby card to use cell phone insurance coverage.

4. Ink Business Preferred® Credit Card (Chase’s Best Business Card)

While some personal credit cards offer cell phone protection, you can receive both protection and higher earnings with select business credit cards.

the ink business preferred card is one of the best chase business credit cards (or any business card!) on the market and also one of the best for cell phone protection.

See also : How Long Does a Speeding Ticket Affect Your Insurance?

The card earns maximum rewards points on every purchase and has multiple triple point categories (up to $150,000 in spending), including:

• travel
• shipping purchases
• Internet, cable, and phone services (yes, this includes your cell phone bill!)
• ad buys on social networking sites and search engines

This means that you can earn up to 450,000 maximum reward points per year in these bonus categories alone. These points can be transferred to various partner airlines and hotels, meaning you can redeem them for business class tickets to Europe, suites at Hyatt hotels, and more. Check out our article on the best chase ultimate rewards redemptions for more information.

In addition, an attractive welcome bonus and many other benefits make this card one of the most rewarding credit cards for small and medium business owners.

mobile phone insurance summary

Not only do you earn 3 points per dollar when you pay your cell phone bill with the Ink Business Preferred Card, but you also get complimentary cell phone insurance. chase will reimburse you up to $1,000 per claim and you can make up to 3 claims per year. there is a $100 deductible attached to each claim, so you effectively get $900 worth of each claim.

Unsurprisingly, this coverage covers both theft and damage, and you’re responsible for paying the excess on claims over $1,000. Regardless, this can be a great benefit, especially if you have employees with company-issued cell phones.

Filing a claim is also easy. just go to the card benefit services website and you will be prompted to log in with your credit card information. After logging in, upload the requested documentation and file your claim. You should receive a response from Chase within a couple of weeks regarding the status of your claim; if approved, you will be paid by check in the mail.

Top Tip: For information on other business credit cards that offer cell phone protection and earn rewards when you pay your monthly bill, check out our guide.

limited protection for mobile phones through purchase protection coverage

If you purchased your cell phone with a credit card that offers purchase protection, you may have a limited period of coverage in the event your phone is lost, damaged, or stolen, but only within a certain period of time. from the day of purchase.

For protection to be valid on your cell phone, you must have paid for the phone in full with your eligible card and/or rewards points earned on that card. The following are some of the more popular cards that provide purchase protection that can cover a cell phone in the first few months of ownership:

american express® gold card

chase sapphire preferred® card

citi® / aadvantage® platinum select® world elite™ mastercard®

Top Tip: If your cell phone is damaged or stolen within the first few months of ownership and you purchased it with a card that offers purchase protection, coverage may be available.

limited cell phone protection with extended warranty coverage

Also, some credit cards offer extended warranty protection. This coverage generally extends the manufacturer’s warranty for an additional year or more on eligible items (including cell phones). however, things like theft and accidental damage are generally not covered by this benefit, only perils listed in the original warranty, such as manufacturing defects, etc.

Dozens of credit cards offer extended warranty coverage, too many to list here. You can determine if your card has this coverage by calling the number on the back of your card, accessing your card account online, or by referring to the benefits guide that came with your card.

Here’s how coverage breaks down by card issuer:

Damaging your phone or having it stolen is already a stressful experience. don’t make things more stressful by filing your claim incorrectly.

Be sure to include the following on your credit card cell phone insurance claim:

• note the details of the incident (where, when, etc.)
• If your phone is damaged, don’t throw it away; you may be asked to send it to the claims administrator
• if your phone was stolen, get a police report as soon as possible
• To quickly start the claim process, call the number on the back of your card and they can transfer you to the claims administrator so you can request a claim form
• Pay attention to deadlines: You have a limited amount of time (usually 60 days, but possibly less) to file a claim and make sure the claim administrator receives all required documents

Knowing what you might need to file a cell phone claim could save you a lot of time and frustration.

You may be asked to provide any of the following:

• completed and signed claim form
• a copy of your bill showing that the monthly phone service for which you are making a claim was paid for with your eligible card
• a detailed repair estimate
• the damaged phone
• receipt for a replacement phone, if applicable
• documentation of any other insurance claim agreement
• justification of the time, place and cause of the damage/theft
• documentation of the original price of the cell phone

final thoughts

Each of these cards offers good cell phone insurance, so it’s up to you to determine which card fits your spending mix, has redemption options that fit your priorities, and offers other benefits you really can. use.

In short, examine your spending habits and discover which of these credit cards’ bonus earnings categories align best with your typical spending. then apply for the card and switch your cell phone plan billing to auto pay from your new credit card. Now, you’ll earn valuable travel rewards or cash back and protect your cell phone from damage and theft at the same time.

Please note that this list is not a complete collection of all credit cards that offer cell phone protection, just some of the most popular cards.

Information on the Capital One Venture X Rewards Credit Card and Citi® / AAdvantage® Platinum Select® World Elite™ MasterCard® Credit Card was collected independently by Points Updated and was not provided or reviewed by the issuer.

for the american express platinum card® cell phone protection benefit, coverage for an eligible stolen or damaged wireless cell phone is subject to the terms, conditions, exclusions and limits of liability of this benefit. maximum liability is $800, per claim, per eligible card account. each claim is subject to a $50 deductible. coverage is limited to two (2) claims per eligible card account per 12-month period. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company. For the american express platinum card® purchase protection benefit, purchase protection is a built-in benefit of your card membership and does not require enrollment. can help protect covered purchases made with your eligible card when they are damaged, stolen or accidentally lost, for up to 90 days from the date of covered purchase. coverage is limited to $10,000 per event, up to $50,000 per cardholder account per calendar year. coverage limits apply. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company.

for the delta skymiles® platinum american express card cell phone protection benefit, coverage for an eligible stolen or damaged wireless cell phone is subject to the terms, conditions, exclusions and limits of liability of this benefit. maximum liability is $800, per claim, per eligible card account. each claim is subject to a $50 deductible. coverage is limited to two (2) claims per eligible card account per 12-month period. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company.

for the delta skymiles® reserve american express card cell phone protection benefit, coverage for an eligible stolen or damaged wireless cell phone is subject to the terms, conditions, exclusions and limits of liability of this benefit. maximum liability is $800, per claim, per eligible card account. each claim is subject to a $50 deductible. coverage is limited to two (2) claims per eligible card account per 12-month period. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company.

for the american express business platinum card® cell phone protection benefit, coverage for an eligible stolen or damaged wireless cell phone is subject to the terms, conditions, exclusions and limits of liability of this benefit. maximum liability is $800, per claim, per eligible card account. each claim is subject to a $50 deductible. coverage is limited to two (2) claims per eligible card account per 12-month period. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company. For the american express business platinum card® purchase protection benefit, purchase protection is a built-in benefit of your card membership and does not require enrollment. can help protect covered purchases made with your eligible card when they are damaged, stolen or accidentally lost, for up to 90 days from the date of covered purchase. coverage is limited to $10,000 per event, up to $50,000 per cardholder account per calendar year. coverage limits apply. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company.

for the delta skymiles® platinum business american express card cell phone protection benefit, coverage for an eligible stolen or damaged wireless cell phone is subject to the terms, conditions, exclusions and limits of liability of this benefit. maximum liability is $800, per claim, per eligible card account. each claim is subject to a $50 deductible. coverage is limited to two (2) claims per eligible card account per 12-month period. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company.

For american express platinum card® rates and fees, click here. For rates and fees for the Delta SkyMiles® Platinum American Express Card, click here. For rates and fees for the Delta SkyMiles® Reserve American Express Card, click here. For rates and fees for the american express business platinum card®, click here. For rates and fees for the Delta SkyMiles® Platinum Business American Express Card, click here. For rates and charges for the Delta SkyMiles® Reserve Business American Express Card, click here.

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