Credit card cell phone insurance compared


These days, your cell phone may be among your most expensive possessions. Having coverage in case of damage or theft can be worthwhile for those who anticipate being prone to damaging their phone and/or who would appreciate some peace of mind about the cost of replacement in the event of damage or theft. Luckily, a number of rewards credit cards offer strong cell phone insurance coverage as part of their regular suite of benefits.

Previously, I wrote about one of my experiences using credit card cell phone insurance protection a couple of years ago. While my claim was ultimately approved, I came to the conclusion that it wasn’t really a win given that I had made a poor choice in terms of which card I used: at the time, the card I used had a large deductible and the repair cost of my phone was low. I’d have been better off self-insuring and earning more points per dollar on my bill. In the time since then, I have made a couple more claims (including one purchase protection claim and a couple of phone damage claims….we had a couple of bad years on phones). I also added a number of lines through T-Mobile promotions and I now have 9 lines on my cell phone plan. Quite a few of those lines now have late-model flagship phones on them, so the value of cell phone insurance is growing in my family with a greater likelihood of one of us breaking a phone now and then. Choosing the right card to use for my bill matters in terms of having sufficient and useful coverage, though one has to consider the value of additional rewards sacrificed.

This post includes an easy reference chart and is meant to be a quick-reference resource for what you need to know about cell phone insurance.

a cell phone with a cracked screen

New updates to this post

This post has been updated as of 10/5/23 to include new benefits for the Amex Business Gold, add the Venture X Business card and removing a couple of cards that no longer exist.

Credit card cell phone insurance comparison chart

Issuer Card Deductible Limits Notes Earn
Amex Platinum & Centurion Cards $50 $800 / claim
$1,600 / year
Covers cracked screens but not other cosmetic damage. 1x
Amex Business Gold $50 $800 / claim
$1,600 / year
Covers cracked screens but not other cosmetic damage. 4x
Amex Delta Platinum & Reserve Cards $50 $800 / claim
$1,600 / year
Covers cracked screens but not other cosmetic damage. 1x
Barclays Aviator Business $50 $800 / claim
$1000 / year
Covers a max of 2 claims per year 2x
Barclays Hawaiian Business $50 $800 / claim
$1000 / year
Covers a max of 2 claims per year 1x
Barclays JetBlue Business $50 $800 / claim
$1000 / year
Covers a max of 2 claims per year. 1x
Barclays Wyndham Business Earner $50 $600 / claim
$1000 / year
Covers a max of 2 claims per year 5x
Wells Fargo Bilt Mastercard $25 $800 / claim
2 claims / year
This card features World Elite Mastercard coverage. 1x
Capital One Venture X $50 $800 / claim
2 claims / year
Coverage is through the same company that handles Chase coverage. 2x
Capital One Venture X Business $50 $800 / claim
$1000 / year (up to 2 claims / year)
Coverage is through the same company that handles Chase coverage. 2x
Chase Freedom Flex $50 $800 / claim
$1000 / year
Does not cover cosmetic damage that does not impact phone calls 1x
Chase Ink Business Preferred $100 $1000 / claim
3 claims / year
Coverage is now up to $1,000 per claim. 3x
Citi Prestige $50 $1000 / claim
$1500 / year
Does not cover cosmetic damage that does not impact phone calls 1x
Coastal Community X1 $50 $500 / claim
$1000 / year
No annual fee card 2x
Navy Federal Credit Union Secured Card $50 $250 / $500 (Visa)
$600 / $1K (Mastercard)
May be a great option for a student 1x
US Bank  Altitude Connect  $25 $600 / claim
$1200 / year
Covers a max of 2 claims per year 1x
US Bank Platinum   $25 $600 / claim
$1200 / year
This card offers no rewards. None
Wells Fargo All consumer cards $25 $600 / claim
$1200 / year
This coverage even applies on a card like the Active Cash, which has no annual fee. Varies
World Mastercard Some $50 $600 / claim
$1000 / year
Check your card number here.
World Elite Mastercard Some $50 $1000 / claim
$1500 / year
Check your card number here.


Credit card cell phone insurance basics

As you can see in the chart above, there are a number of credit cards (and even debit cards and secured cards in some cases) that offer cell phone insurance, but that insurance is not created equally. The cap per claim and the cost of deductibles really vary.

Most cards require you to pay your monthly bill in full with the credit card providing coverage. You do not need to have purchased the phone itself with the credit card (in all cases of which I am aware) but rather pay the monthly service bill with it.

When coverage begins varies. With some cards (like the Chase Ink Business Preferred card), coverage begins the day after you pay your cell phone bill and continues through the end of the following calendar month. Other cards (like the US Bank Platinum card) have coverage begin on the first day of the next calendar month after you pat your bill. It is worth confirming how coverage works with your chosen card before you need to file a claim.

Will cell phone coverage apply if you only pay part of your bill with your qualifying card?

Officially, terms of cell phone insurance benefits almost all require that you pay your cell phone bill in full with the card offering coverage. Furthermore, as mentioned above, coverage on most cards begins on the 1st of the month after the month in which you pay your bill (be sure to check the terms on the specific card you intend to use as this is a generalization).

Many readers have wondered whether coverage would apply if you have used more than one card to pay the bill. For instance, the American Express Business Platinum card offers a monthly $10 credit for wireless services. Some readers have more than one Business Platinum card and may wonder whether making payments with more than one card will disqualify them from coverage. Sometimes we see other promotions pop up where you can get a better return or credit on another card.

Ultimately, whether or not your claim qualifies for coverage is going to be up to a claims adjustor / benefits administrator. In my experience, I have been covered when paying the entire amount shown on my monthly bill at the time it generates. In the past, I played that this way: I paid my bill in full with a card that offers cell phone coverage. Then, after my bill has a $0 balance, I make any additional payments. For example, imagine that my monthly cell phone bill is $100. I will auto-pay that bill with a card that offers cell phone coverage. Then, I may use a Business Platinum card and make an additional $10 payment, bringing my cell phone bill balance down to -$10. Then, when my next monthly bill generates, that -$10 balance gets carried forward and the total shown on my new monthly bill is $90 due to the negative balance carry-forward. I then pay the full amount billed to me ($90) on a credit card offering cell phone protection. Later, I repeat the $10 extra payment. I can’t guarantee that this won’t disqualify you from coverage, but I had to make a claim and I submitted my bill, which showed the total due at the top and the balance forward carry-over beneath that, and my credit card statement showing that I paid the amount billed to me and my claim was approved. Your mileage may vary.

Additional thoughts about credit card cell phone insurance

The final two entries in the chart above are for World and World Elite Mastercards. That’s because Mastercard added cell phone coverage to World and World Elite cards a couple of years ago. It wasn’t previously clear which specific cards were eligible, but now you should be able to enter your card number at to see eligibility for World or World Elite benefits.

At least some cards that do offer protection do not make it particularly clear. This coverage should be found somewhere in your guide to benefits if your card offers it. That said, how many of us keep the guide to benefits handy? Some issuers make that guide to benefits available online, but not all do.

That makes this cell phone protection particularly challenging: it is possible that you have cards in your wallet that cover cell phone protection without an easy way to know it. The chart above shows cards that are known to carry coverage, but it is certainly possible that additional cards offer coverage.

Furthermore, coverage limitations vary in ways that may be significant to you. For instance, the Chase Freedom Flex card specifically excludes damage that is purely cosmetic, including cracks in the screen that are two inches long or less and do not interfere with the phone’s ability to make or receive calls. The wording there was particularly surprising: it is clear that if your phone can still make and receive calls, the damage could be deemed cosmetic even if it interferes with some apps or being able to use sections of your screen that aren’t required to make or answer calls. I don’t know how closely the benefits administrator will follow the letter of the policy as I imagine you’ll be getting your own diagnostic estimate in most cases, but it is an interesting limitation nonetheless.

If you still have the Guide to Benefits that came with your credit card, hopefully you can find cell phone protection details there. And in the case of many of the cards in the chart above, you can easily confirm coverage information on the issuer’s website.

I find it very interesting that the Navy Federal Credit Union secured credit cards offer cell phone insurance. Secured cards are for those building or rebuilding credit and therefore require a security deposit, which should make a secured card easy for almost anyone to get. I would therefore think that a Navy Federal secured card may be a great choice for a student paying for his or her own cell phone bill since I imagine they might be able to get this card even if they aren’t yet able to get some of the more rewarding cards in the list. That said, a student following Greg’s blueprint should quickly be eligible for something better.

Bottom line

Credit card cell phone insurance is a benefit that is being extended on many credit cards. This makes sense; in many cases, the most expensive / valuable item people carry with them day-to-day is their phone. Having coverage in case of damage or theft can really help ease the sting in cases where your phone is completely destroyed. On the other hand, you have to consider the deductible and coverage limits as they relate to the cost of repairing or replacing your phone — and the category bonus you may be able to trigger on a credit card that doesn’t offer cell phone insurance. Some will prefer to self-insure and use a card that earns an excellent category bonus, like the Chase Ink Cash credit card (which earns 5x on wireless services) rather than worry about insurance. It is worth running the numbers to consider how much you sacrifice in potential rewards by using a card that earns fewer points to pay your bill. On the other hand, if you have a number of expensive phones on your plan, you may be happy to trade a few extra potential points away in exchange for coverage that could save you a bundle. Indeed, over the past couple of years, I came out well ahead by being covered by my credit card.

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US Bank changed their coverage, now a $100 deductible on the Altitude Connect’s policy. Not sure if the US Bank Platinum (no fee) has been changed yet.

Would be great if you could add which cover prepaid cell phones. Amex’s seems a fuzzy definition, but World Elite MCs (at least Citi Prestige) explicitly exclude them.


Amex business gold says 2 claims per 12 month, not $1600/year..
Based on the link that the table entry refers to…
Also does anyone know is Google Fi earns 4x?


Does the Amex Business Gold cover Google Fi? I know the wireless credits used to never credit for Google Fi, and so wondering if the 4x and cell phone insurance actually apply to Google Fi wireless on any Amex cards?


this is the most useless benefit for any card as all three major providers do not offer autopay discounts when using credit for personal accounts. I have 6 lines with Verizon so that’s $60 more I am paying each month. not sure how well works for MVNOs / prepaid service.


T-Mobile still lets you go in and make manual payments and keep the autopay discount as long as a bank account is set up for auto pay. Hopefully this continues to work for the long term.


Missing Chase Ink Business Cash

  • Coverage limit: The coverage amount is $1,000 per claim.
  • Claim limit: There is a limit of 3 claims in a 12-month period.
  • Deductible: There is a $100 deductible per claim.
Vaibhav Shetge

In general is lost phone considered for the claim? Planning to give an older phone to my kiddo as she commutes by bus, but high chance she is going to loose it within a week


Marriott Bonvoy brilliant offers cell protection as long as one makes monthly payment through the same credit card.


agree — $50 deductible, $800 per event (similar to other Amex coverage on other cards). Current Amex Marriott offer for +10x/$1 spent on cell phone bill up to 10000 points.


PNC credit cards also offer cell phone coverage.

Buddy M.

Does anyone know the website for the Barclays Earner Business Visa card to file an insurance claim for cellphone damage? I called the number and after getting transferred was told there was a website to file a claim online but before she could tell me the website my called was dropped. When I called back right away the verification rep told me that the department that handles it was closed now and NOBODY else at Barclays knows the website judging from my fruitless attempts to find it out. I guess I’ll have to wait until Monday morning to call yet again.



Last edited 8 months ago by Tex
Dan appy

The X1 card also has this benefit. $50 deductible with coverage of $500 per claim, 2 claims per year. Not bad for a fee free card!

Tim Steinke

Good call, added it to the list.


Is there any limits in terms of the age of the phone? For example, if I pay the phone bill in full with one of these cards, can I still claim for speaker/Touch ID malfunctioning of my iPhone 4, which I believe Apple doesn’t make any more


Even if Apple doesn’t make it anymore, there are 3rd party repair shops that can give you a quote and repair the phone.


You just get the money from a claim. A 5-yr-old iPhone back glass quote was $325 from the Apple Store, which Amex paid less deductible. We then traded the broken phone toward a new phone. Great advantage over AppleCare+, which would have given us a refurbished/repaired 5-yr-old phone.


Thank you Nick! Lots of detail here which is great. I would have really liked to see your ranking of best to worst.


What’s the recommendation now that all the major phone companies are requiring bank debit payments to get the autopay discount? With 4-5 phones that adds up over the year. Are there options here or have the companies closed all the loop holes? I have T-Mobile.


My problem too, plus losing on the points every month charging to the card

Van Bueno

The only debit card I’ve seen that offers cell phone insurance is one from an Aspiration checking account (

I signed up a few months ago and have used the account solely to pay my Verizon bill to keep their $10 per month discount per line, though haven’t tried to make a claim using the insurance so am not sure what the experience would be like.


Add/select a qualifying payment method (debit card or bank account) to use for auto-pay (to receive auto-pay discount). Then, pay your phone bill in full with a credit card that has cell phone insurance. Rinse and repeat each month.

You’ll still retain the auto-pay discount with T-Mobile since you have a qualifying payment method set up in auto-pay.

Yes, not as convenient/automated as it once was, but only takes a few minutes.

I don’t believe this workaround works with Verizon anymore.

Van Bueno

Look into using the debit card from an Aspiration checking account. It is the only debit card I’ve seen that has cell phone insurance, though I haven’t tried to make a claim so not sure what the process would be like.


Very timely, Nick !!

Just about to buy a new phone and deciding which card to use for the purchase. I get $60 back on my monthly bill from Amex now so that may be a consideration. I will read your posting first ….