Does the Capital One Quicksilver card offer cell phone insurance?

The Capital One Quicksilver purchase protection benefit covers eligible items against damage and theft for 90 days after the purchase date. In order to qualify, pay for your purchase entirely with your Capital One Quicksilver card. For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.... read full answer

Capital One Quicksilver purchase protection replaces, repairs or reimburses you up to the original purchase price, but not exceeding a pre-determined amount per claim.

Here’s how the Capital One Quicksilver purchase protection benefit works:

• What it is: Purchase protection or "purchase security" replaces, repairs or reimburses you for eligible items purchased entirely with your Capital One Quicksilver card against theft or damage within the first 90 days of the purchase date.
• How much is covered: Coverage is up to the stolen/damaged item, or up to a pre-determined amount per purchase, whichever is less. Capital One Quicksilver is issued as a Mastercard, but networks change often and there are both VISA and Mastercard versions of the card. You can check the full amounts covered for both VISA and Mastercard.
• What is covered: Eligible purchases include items damaged due to fire, explosion, vandalism, vehicles, accidental discharge of water, theft, or sudden accidental damage from electric current.
• What is not covered: Excluded items include animals and living plants, boats, automobiles, aircraft, items purchased for resale, professional or commercial use, medical equipment, and perishable items. Theft from motorized vehicles I also not covered.
• How to file a claim: If your Capital One Quicksilver is a Mastercard, call your Benefit Administrator at (888) 531-4227 within 60 days of the theft or damage. For VISAs, call (820) 553-4820 within the same time frame. If your purchase is stolen or damaged, make sure to also file a police report within 48 hours of the occurrence. You will be given a claim form which you will have to complete and return along with other requested documents, within 180 days of the incident for Mastercard and 90 days for VISA. Alternatively, you can also file a claim through Card Benefit Services. In the event of damaged items, you may be asked to send the damaged item along with the claim, at your expense.

To learn more about Capital One Quicksilver purchase protection, log in to your online account, select the "I want To" menu and click "Read about card Benefits." Simply match the benefits with your Capital One Quicksilver network – you can find it listed on your statement.

Yes, Capital One does offer cell phone insurance on one of its credit cards – the Capital One Venture X card (for Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply). People with an eligible Capital One credit card can get up to $800 per claim to repair or replace their damaged or stolen phone, as long as they charge the phone bill to the credit card every month.... read full answer

The maximum Capital One cell phone protection coverage amount is $1,600 per year, as you can file up to two claims annually. There is a $50 deductible per claim.

Capital One cell phone protection does not cover phone accessories; rented, borrowed or prepaid phones; cosmetic damage and lost phones.

Capital One cell phone protection is secondary to any other type of coverage. That means you’ll have to exhaust all other types of insurance you have before you make a cell phone insurance claim with Capital One. You should still report the incident as soon as possible, though.

You can file a claim on your Capital One cell phone insurance by calling 1 (844) 288-2140 or visiting the Benefit Administrator’s website. You will be notified as soon as your claim has been processed.

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.