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Protect your cell phone from theft or damage with these credit cards - CNN Underscored

February 19, 2021. Summarized by summa-bot.

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If you have a credit card that offers free cell phone protection and you use that card to pay your monthly cell phone bill, you can save yourself from the potentially huge cost of repairing or replacing it.

Fortunately, if you have a credit card that offers free cell phone protection and you use that card to pay your monthly cell phone bill, you can save yourself from the potentially huge cost of repairing or replacing it.

The best credit cards with cell phone protection cover between $600 to $1,000 in costs per claim with a deductible between $25 and $100, and you can typically file two to three claims a year depending on the card.

That’s the highest per-claim maximum on any no-annual-fee credit card with cell phone protection.

The main disadvantage to using the IHG Premier card to pay your cell phone bill is that the points you’ll be earning aren’t worth much.

In comparison, the Chase Freedom Flex card has the exact same cell phone protection coverage, but your rewards are worth at least double that amount.

Compared to the cell phone protection coverage on other credit cards, you’re capped at a slightly lower maximum per claim with the Wells Fargo Propel Amex — only $600, while some other cards offer $800 to $1,000 per covered event.

But with every credit card’s cell phone protection plan, you’re on the hook to pay a deductible, which is taken out of the amount you’re reimbursed.

On the cell phone protection front, you’ll be covered for up to $1,000 per claim with a $50 deductible, which is the highest reimbursement amount of any card on our list.

Although the U. S. Bank Visa Platinum Card doesn’t offer a sign-up bonus or earn rewards, it’s by far the best card when it comes to offering an extended introductory rate on both purchases and balance transfers — all while also providing cell phone protection.

Under the card’s cell phone insurance plan, you can be reimbursed for up to $600 per covered incident with a $25 deductible.

You’ll also have cell phone protection coverage for your entire time as a student, as long as you use this card to pay for your cell phone bill.

The Chase Ink Business Preferred was one of the first credit cards to offer cell phone protection, and to this day, it’s still one of the best — especially for people with a small business.

As mentioned earlier, having a credit card with cell phone protection doesn’t necessarily mean you’re automatically covered as soon as you get the card.

You’ll need to use that specific credit card each month to pay your entire cell phone bill for the coverage to apply, and most plans don’t kick in until the first day of the month after your first bill payment.

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