Does the Apple Card offer cell phone insurance?

The best Apple Card benefits are rewards of up to 3% cash back on purchases, $0 fees, easy integration with Apple products, and the possibility of low APRs. Also, the Apple Card is made of titanium and doesn’t have a card number on it, which makes it less susceptible to fraud and gives it a sleek look.... read full answer

The Apple Card’s benefits don’t include many things traditionally offered by other credit cards, such as travel insurance, rental car insurance, purchase protection or extended warranties. But issuers have been cutting down on those benefits in recent years, anyway.

Here are the best Apple Card benefits:

• Lots of cash back:
  Purchases made with this card give you 2% Cash on all purchases using Apple Pay (1% for purchases made with the physical card), 3% on purchases made directly with Apple, including at Apple Stores, on the App Store and for Apple services, and on purchases made at select merchants (like Exxon, T-Mobile, Nike, Uber and more).
  
  Plus, unlike other credit cards, the Apple Card offers its cash back on a daily basis. So, the day a purchase processes, the cash back will appear in your account. You can use cash back to make purchases with Apple Pay, pay your credit card bill, or make a transfer to your bank account.
• No fees:
  The Apple Card has a $0 annual fee. It also has a 0% foreign transaction fee.
• Potential low APR:
  Depending on your overall creditworthiness, the interest rate that you’re assigned could be anywhere from a low of 15.49% (V) to 26.49% (V) at the most. The average credit card offer currently has a regular APR of roughly 18%.
• Equal monthly payment financing:
  This card has an introductory purchase APR of 0% for 6 - 24 months after account opening. Once this intro period expires, any remaining balance will be subject to the regular APR of 15.49% - 26.49% (V).
• Integration with Apple products:
  The Apple Card is integrated with Apple Pay and the Wallet App, allowing you to easily track your purchases as well as use Face ID or Touch ID to authorize purchases. You can make purchases using your phone when you don’t have your card on hand, as well.
• Virtual card numbers:
  You can use the Wallet app to generate virtual card numbers to further protect yourself from fraud while shopping online.
• Metal card:
  The Apple Card is made of titanium, giving it a sleek, prestigious look that’s in line with Apple’s brand.

While the Apple Card’s benefits don’t include some traditional perks, the card does provide a lot of useful features that make it a worthwhile addition to your wallet – if you love Apple products and services.

No, the Apple Card does not have return protection coverage. Return protection is a benefit that offers reimbursement for undamaged, working items purchased with a credit card that cannot be returned to the merchant within a certain number of days of purchase. This benefit is becoming rarer as time goes on, however, as many issuers have dropped it to cut costs.... read full answer

If return protection is important to you, there are still a few good cards that offer it. They include the Bank of America® Premium Rewards® credit card, Marriott Bonvoy Brilliant® American Express® Card and Chase Sapphire Reserve®.

Some good credit cards with cell phone protection include the Citi Prestige® Card, the IHG® Rewards Premier Credit Card, the U.S. Bank Visa® Platinum Card, all Wells Fargo consumer credit cards, the Ink Business Preferred® Credit Card, and the First Citizens Rewards Visa® Card.

Cell phone insurance isn’t commonly offered by major credit cards, but it’s certainly a welcome perk. Cell phones don’t come cheap, and some credit cards offer up to $1,000 in reimbursement for a stolen or damaged phone.... read full answer

Just remember that all credit cards with cell phone protection have the same rule: You must continuously pay your cell phone bill with the credit card, or else your phone won’t get coverage. To make sure your phone is covered, it’s best to set up automatic monthly phone-bill payments with your card as the payment method.

Here are some good credit cards with cell phone protection:

• Citi Prestige: Cell phone protection up to $1,000 per claim or $1,500 per year; limit of 2 claims per year; $50 deductible.
• IHG Premier: Cell phone protection up to $800 per claim or $1,000 per year; limit of 2 claims per year; $50 deductible.
• All Wells Fargo consumer credit cards: Cell phone protection up to $600 per claim or $1,200 per year; limit of 2 claims per year; $25 deductible.
• U.S. Bank Platinum: Cell phone protection up to $600 per claim or $1,200 per year; limit of 2 claims per year; $25 deductible.
• Chase Ink Preferred: Cell phone protection up to $600 per claim; limit of 3 claims per year; $100 deductible.
• First Citizens Rewards Visa® Card: Cell phone protection up to $500 per claim or $1,000 per year; limit of 2 claims per year; $50 deductible.

None of these credit cards cover phones that are lost, as opposed to stolen. Some cards also have specific stipulations for what is and is not covered. So, make sure you’re up to speed on your card’s specific rules.