3 Best Credit Cards With Free Cell Phone Protection

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You don’t have to buy cell phone insurance! There are several popular credit cards that offer cell phone protection and will pay to replace your stolen or damaged cell phone.

In this post, I’ll explain how this benefit works and the best options that I’ve found.

What You Need to Know About Credit Card Cell Phone Protection

The free mobile phone insurance offered by credit card issuers is similar (but not identical) to what Verizon, AT&T, T-Mobile and other wireless providers sell for $10 a month or more.

Why pay $120 a year for cell phone insurance when you can get it for free from your credit card company?

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How Credit Card Cell Phone Protection Works

Not all credit cards that offer cell phone insurance are created equal. The best ones will provide up to $600 for cell phone damage or theft after a $25 deductible.

The only requirement is that you must pay your cell phone bill with the credit card to keep active coverage.

To make sure that I’m always covered, I set up my Visible cell phone bill on auto pay with my credit card to take advantage of the free mobile phone insurance.

You don’t need to purchase your phone using the credit card — just pay your cell phone bill with it.

Best Credit Cards With Free Cell Phone Insurance 

The credit cards on my list offer up to $800 per claim for cell phone damage or theft and have deductibles of either $25 or $50, plus they’re just great credit cards overall.

What that means is that they all have other valuable benefits like sign-up bonuses and cash back rewards.

Think about it this way: If you’re going to apply for a new card to get cell phone protection, you might as well select a card that you’ll want to use for everyday purchases.

Read on for my three favorite credit cards that have free cell phone insurance:

Card name Maximum coverage per claimDeductible
Chase Freedom Flex$800$50
Wells Fargo Cash Wise Visa Card $600$25
Uber Credit Card$600$25

Chase Freedom Flex

Why I like it: The Chase Freedom Flex offers up to $800 per claim and $1,000 per year in cell phone protection. However, it has a higher deductible than the other cards that I mentioned — $50 for every claim.

  • $200 cash back bonus after spending $500 in purchases in the first 3 months
  • 5% cash back in rotating bonus categories
  • 3% cash back on dining at restaurants and drugstores
  • $800 per claim and $1,000 per year in cell phone protection
  • $50 deductible for cell phone protection

Learn more about this card here.

Wells Fargo Cash Wise Visa Card

Why I like it: The Wells Fargo Cash Wise is a simple rewards card that offers 1.5% cash rewards on all purchases and a $150 sign-up bonus.

  • $150 cash rewards bonus when you spend $500 in purchases in the first 3 months
  • Unlimited 1.5% cash rewards on purchases
  • $0 annual fee

Learn more about this card here.

Barclays Uber Credit Card 

Why I like it: The revamped Uber Credit Card from Barclays offers great rewards if you use Uber’s services, up to 5% back. It also features 3% back in Uber Cash on dining, hotels and airfare. 

  • Earn $100 Uber Cash after spending $500 on purchases in the first 90 days
  • 5% back in Uber Cash on Uber, Uber Eats, and JUMP
  • 3% back in Uber Cash on dining, hotels, and airfare
  • Earn 1% back in Uber Cash on all other purchases
  • No foreign transaction fees when you make purchases outside the U.S.
  • No annual fee

Unfortunately, this card is temporarily unavailable.

Alternatives to My Top 3 Picks 

U.S. Bank, Fifth Third Bank and First Citizens Bank also have cards with free cell phone protection, but I ruled them out for one or more of these reasons:

  • Maximum coverage per claim is less than $600
  • Deductible is higher than $50
  • Few other card benefits or perks

If you know about a credit card that offers cell phone protection and should be on my list, leave a comment below. I’ll be happy to check it out.

Credit Card Cell Phone Insurance Fine Print

This is important: Credit card cell phone protection is supplemental to other types of insurance, so it only kicks in once any other policies have been exhausted.

That’s why I really encourage you to read the terms and conditions to understand what’s covered and what’s not.

For example, I learned from my research that credit card cell phone protection generally covers devices that are stolen or damaged, but phones that are lost with no explanation may not be covered.

I haven’t had to file a claim yet. I’ll update this article if that happens to detail that process.

Final Thought 

If you don’t already have a credit card that offers cell phone protection, check out one of the $0 annual fee cards on my list.

My cell phone provider, Verizon-owned Visible, charges $12 a month for its cell phone protection plan  — so I’m saving $144 a year by using my credit card instead.

Leave a comment below if you have anything else to add about free cell phone insurance!

More Credit Card Content from MichaelSaves.com: 

Michael Saves has partnered with CardRatings for our coverage of credit card products. Michael Saves and CardRatings may receive a commission from card issuers.

13 thoughts on “3 Best Credit Cards With Free Cell Phone Protection”

  1. You are correct I really credit cards on your list offer up to $600 for cell phone damage or theft and have either a $25 or $50 deductible, plus they’re just great credit cards overall.

  2. Have you tested the Wells Fargo cards on Visible or called them about it. From their FAQ it seems MVNO and prepaid plans are not covered. Not sure about Uber card but I am in the same situation and now thinking about switching.

    1. Yes, I did call Wells Fargo and addressed this in my YouTube video that’s in the article. I suggest that you also call them to confirm. The FAQ doesn’t mention MVNO, but it does say *cell phones* which have been rented, borrowed or are part of prepaid or “pay as you go” plans. The representative (who previously had a low-cost cell phone service) told me that I am covered as a Visible customer. I purchased a device through Visible and pay my bill monthly with the Wells Fargo Propel card.

  3. Gary when is Thanksgiving

    Great article. After reading the posted comment and response, this brings up a brand-new question for us. Does this mean if we own our own phones outright that they cannot be covered under the insurance plan you mentioned? They were not rented or purchased through our carrier rather we brought our own phones to the plan. Thank you.

    1. I own my phone outright and brought it to a carrier, but I’m covered. To stay covered, you have to pay your cell phone bill every month using the credit card. It doesn’t matter what card you used to pay for the phone itself.

  4. Barbara Kansky

    Enjoyed your article about Verizon Wireless vs Comcast Mobile and now about phone insurance. Question though, what about these new phones costing $1,000? A $600 max coverage doesn’t seem so good then. Also I just ordered directly from Samsung an upgrade from my Note 8 to the Note10+. My Note 8 was unlocked but I ordered the Verizon version Note 10+. Should I have ordered the unlocked version instead to be able to switch to Comcast Mobile? I know you can now bring your own Android phone (certain models) and keep same number, but does the Android phone need to be unlocked or can it be the Verizon version Note 10+ since they use Verizon towers? I got conflicting answers while speaking with Comcast. Final question, are Comcast techs familiar with troubleshooting mobile issues since it’s relatively new for them?

    1. Unlocked phone is the safest bet for bringing to any carrier, but perhaps a Verizon model will work. You can use Xfinity’s website to check. As for phone insurance, yes $600 is the maximum coverage. So that’s going to be up to you. If you bought a $1,000 phone and something happened the next day, the insurance would only cover $600.

  5. Has Visible improved its customer service? Last Winter I tried to switch to them and after nearly a month they still hadn’t ported my existing number. Always the replies to my inquiries were, “it takes “X” number of days” or “your present provider won’t release phone numbers to us”, or “it is the customer’s responsibility to contact the present provider” or crap to that effect. A quick check of the FCC website told me all of these answers were contrary to FCC rules and regulations. Finally I gave up, requested a refund of my first month’s service, and walked away. If I wasn’t so pleased with Verizon service I wouldn’t even consider giving Visible a second chance.

    1. Try entering the cards into Google or going directly to the issuer’s website. The links from my partner may not be working due to campaigns being paused. If you go directly to the issuer’s website, you’ll be able to tell if the card is still available.
      Also, consider this card that launches in a couple of weeks. It’s called Chase Freedom Flex: https://media.chase.com/news/new-chase-freedom-flex-credit-Card-and-more-cash-back-Opportunities-for-freedom-unlimited-cardmembers

  6. Wanted to mention that I have the Wells Fargo Cash Wise card and have phone service through Republic which is listed as a “prepaid” plan. Even though this was the case filed a claim when the phone broke and they paid it. I can pay the plan for the whole year and save but don’t think it’s worth the risk of the insurance possibly not covering damage since the language reads a “monthly bill”

    1. Thanks for replying. Good info for everyone reading this. Yes, I have a prepaid carrier (Visible) but Wells Fargo will cover it. They told me they’re talking about “pay as you go” phones in that fine print. I wish it were more clear. I have had Republic in the past and think the service is great. Hopefully, you’re a light data user and the difference between the monthly and annual plan is minimal.

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