Best Credit Cards for Cell Phone Insurance of September 2023


Sep 21, 2023
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NerdWallet's Best Credit Cards for Cell Phone Insurance of September 2023

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Find the right credit card for you.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.

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Find the right credit card for you.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.

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Our pick for

Simple cash back

Our pick for

Bonus cash back

Our pick for

Travel rewards

Our pick for

Premium travel perks

Our pick for

Road tripping

Our pick for

0% intro APR

Our pick for

Small business


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Wells Fargo Active Cash® Card

Our pick for: Simple cash back

Among flat-rate cash-back cards, you'll be hard-pressed to beat the Wells Fargo Active Cash® Card. It earns an unlimited 2% back on all purchases, which is excellent. But in addition, the card offers a rich sign-up bonus and a generous 0% intro APR on both purchases and balance transfers. That's an impressive, hard-to-find combination of features on a card with a $0 annual fee. Read our review.

🤓 Nerdy Tip

Cell phone coverage is standard on Wells Fargo's consumer cards. In addition to the Wells Fargo Active Cash® Card, you'll also get the benefit with the Wells Fargo Reflect® Card, which is a top choice for a long 0% intro APR period, and the Wells Fargo Autograph℠ Card, which is a terrific rewards card with 3X points across multiple categories.

Chase Freedom Flex℠

Our pick for: Bonus cash back

The Chase Freedom Flex℠ offers bonus cash back in quarterly categories that you activate, as well as on travel booked through Chase, at restaurants and at drugstores. Category activation can be a hassle, but if your spending matches the categories — and for a lot of people, it will — you can rack up hundreds of dollars a year. There's a fantastic bonus offer for new cardholders and a 0% intro APR period, too. Read our review.

Capital One Venture X Rewards Credit Card

Our pick for: Travel rewards

Capital One's premium travel credit card can deliver terrific benefits — provided you're willing to do your travel spending through the issuer's online booking portal. That's where you'll earn the highest rewards rates plus credits that can make back the bulk of your annual fee. Read our review.

The Platinum Card® from American Express

Our pick for: Luxury travel perks

The Platinum Card® from American Express comes with a hefty annual fee, but travelers who like to go in style (and aren't afraid to pay for comfort) can more than get their money's worth. Enjoy extensive airport lounge access, hundreds of dollars a year in travel and shopping credits, hotel benefits and more. That's not even getting into the high rewards rate on eligible travel purchases and the rich welcome offer for new cardholders. Read our review.

🤓 Nerdy Tip

In 2021, American Express added cell phone protection on a variety of premium cards, in addition to The Platinum Card® from American Express. Terms apply.

U.S. Bank Altitude® Connect Visa Signature® Card

Our pick for: Road tripping

The U.S. Bank Altitude® Connect Visa Signature® Card is one of the most generous cards on the market if you're taking to the skies or the road, thanks to the quadruple points it earns on travel and purchases at gas stations and EV charging stations. It's also a solid card for everyday expenses like groceries, dining and streaming, and it comes with ongoing credits that can offset its annual fee: $0 intro for the first year, then $95Read our review.

U.S. Bank Visa® Platinum Card

Our pick for: 0% intro APR period

A lengthy 0% introductory APR period for both purchases and balance transfers has made the U.S. Bank Visa® Platinum Card a NerdWallet favorite. Read our review.

Ink Business Preferred® Credit Card

Our pick for: Small business

The Ink Business Preferred® Credit Card starts you off with one of the biggest sign-up bonuses of any credit card anywhere (assuming you spend enough to earn it), then gives you bonus rewards in common business spending categories. Points are worth 25% more when redeemed for travel booked through Chase, or you can transfer them to about a dozen airline and hotel partners. Learn more and apply.

🤓 Nerdy Tip

In 2019, Mastercard added cell phone insurance as a benefit for World and World Elite credit card holders. Coverage on these cards is provided by the payment network (Mastercard) rather than the issuing bank, although issuers can choose to supplement this benefit. If you have a World or World Elite Mastercard, click here to find out more about your benefits.

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To view rates and fees of The Platinum Card® from American Express, see this page.

Last updated on September 21, 2023


NerdWallet's credit cards team selects the best credit cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen as among the "best" in multiple categories. Learn how NerdWallet rates credit cards.

Frequently asked questions

If a credit card offers cell phone coverage, you must pay your monthly wireless bill with the card in order to enjoy the protection. If your phone is damaged or stolen, you'll file a claim with the company that administers the cell phone benefit, and you'll be reimbursed. (The company administering the benefit will usually be different from the bank that actually issued the card.)

In most cases, a deductible will apply. That means there's a certain amount you have to pay first before the coverage kicks in. For example, say you have a $50 deductible and $800 in coverage per claim. If your $600 phone gets smashed, your coverage would pay you only $550, since the first $50 is your responsibility. Learn more about credit card cell phone coverage.

Most cell phone coverage offered by credit cards applies only to phones listed on the monthly bill paid with the card offering the benefit.

Coverage generally applies only to instances of damage or theft. Simply losing your phone is not covered. Wells Fargo, for example, says on its website: "This benefit does not cover cell phones that are lost (i.e., mysteriously disappear)."

In order to get reimbursed, you may be required to obtain an estimate for a repair, send in the damaged phone if you're getting paid for a replacement, or provide a police report for an instance of theft.

If the cell phone coverage on your credit card is identified as "secondary," it means your benefit applies only after any other coverage has kicked in.

If you have coverage from your wireless carrier, for example, you're expected to make a claim there first, then use your credit card's coverage on whatever is left over. If your homeowner's or renter's insurance covers mobile phones, secondary coverage would require you to file a claim under that policy first.

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