Top Credit Cards With Cell Phone Insurance Coverage
What Is Credit Card Cell Phone Insurance?
It’s a valuable perk offered by select credit cards that reimburses you if your phone is stolen or damaged—as long as you pay your monthly bill with that card. It’s a cost-saving alternative to expensive carrier insurance plans.
Best Credit Cards Offering Phone Insurance in 2025
Bilt Mastercard®
Coverage: Up to $800 per claim (2 claims/year)
Deductible: $25
Why We Love It: Earn rewards on rent while protecting your phone.
Wells Fargo Active Cash® Card
Coverage: Up to $600 per claim
Deductible: $25
Highlights: Unlimited 2% cash back + phone protection
Capital One Venture X Rewards
Coverage: Up to $800 per claim
Deductible: $50
Extras: Lounge access + cell phone coverage
U.S. Bank Altitude® Connect Visa Signature®
Coverage: Up to $600 per claim
Deductible: $100
Bonus: 4x on travel, 2x on phone bills
Chase Ink Business Preferred®
Coverage: Up to $1,000 per claim
Deductible: $100
Why It’s Great: Ideal for business owners and freelancers
First Tech Platinum Rewards
Coverage: Up to $600 per claim
Deductible: $50
Perk: Great option from a credit union
How to Activate Phone Protection
- Apply for one of the eligible credit cards
- Use that card to pay your monthly cell phone bill
- Keep documentation in case of a claim
As long as you maintain payments using the same card, you’re covered. Just make sure to review each card’s fine print.
Common Claim Exclusions to Watch Out For
- ❌ Lost phones (not stolen)
- ❌ Cosmetic damage (scratches, dents)
- ❌ Non-U.S. phone plans
Always read your credit card’s benefits guide for specific exclusions and conditions.
Bonus Tip for Freelancers 💼
If you’re self-employed, you may also want to check out our guide to Credit Cards For Freelancers. Many of these cards offer cell phone protection *and* valuable business rewards.
FAQs About Credit Card Phone Insurance
Do all credit cards offer phone protection?
No. Only select cards provide this feature. It’s important to check your benefits guide.
Does it cost anything to use this insurance?
Usually no, but most cards require you to pay your bill with the card and charge a small deductible ($25–$100).
Can I cover multiple phones on a family plan?
Yes. If all lines are on one bill and that bill is paid with your eligible card, coverage usually applies.