How does the Chevrolet Credit Card cell phone insurance work?

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.

No, the Citi Double Cash Card does not offer purchase protection anymore. Citibank discontinued the purchase protection benefit for the Citi Double Cash Card and most of its other credit cards in 2019. Before then, purchase protection covered items paid for with a Citi Double Cash Card card that were stolen or damaged within 90 days from the purchase date. Coverage was limited to repair or replacement costs up $10,000 per incident and $50,000 per calendar year.… read full answer

At the same time Citi ended purchase protection, it also terminated a number of other Citi Double Cash Card card benefits. Those included rental car insurance, trip cancellation and interruption protection, travel accident insurance, return protection and extended warranties on purchased items.

There are some credit cards that still offer purchase protection. You can check our editors’ latest picks for the best among them and see which one better suits your needs.

Chase Freedom does not offer cell phone insurance. The benefit covers cardholders for stolen or damaged cell phones as long as you use the card to pay your cell phone bill each month.

Cell phone insurance isn’t common to most credit cards’ benefits’ packages. Ink Business Preferred is the only Chase card that offers this perk. It covers cardholders up to $600 per claim with a limit of 3 claims per year. There’s also a $100 deductible.… read full answer