Does the Capital One Spark Cash Plus card offer cell phone insurance?

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.

Capital One Spark Cash Plus purchase protection covers the damage or theft of eligible purchases for up to 90 days after the purchase date. Purchase protection will reimburse Capital One Spark Cash Plus cardholders for up to $10,000 and up to $50,000 per cardholder. 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

How to File a Purchase Protection Claim with the Capital One Spark Cash Plus

1. Call the Benefit Administrator within 60 days of the incident at the number on the back of your card or the number in your card’s benefits guide.
2. File a police report within 48 hours of the incident, if the item was stolen.
3. Submit a completed claim form within 90 days of the incident.
4. Wait for a decision. Capital One will notify you of a decision once your claim has been processed. This could take Capital One up to 15 days.
5. Get reimbursed for the cost of repairing or replacing the item, if your claim is validated by the Benefit Administrator.

Be aware that not all items are covered by the Capital One Spark Cash Plus purchase protection benefit. To see which items are covered by this perk, check the guide to benefits that came with your credit card.