Does the Citi Simplicity Card offer cell phone insurance?

There is no available Citi credit card offering cell phone insurance at the moment. The only Citi card that offers this benefit is the Citi Prestige® Card but it doesn’t accept new applicants. Existing Citi Prestige cardholders are covered in case of damage (including cracked screens that prevent the ability to make or receive phone calls) or theft.… read full answer

Here’s how the Citi cell phone insurance works:

• Citi cards currently offering cell phone insurance: Right now, only the Citi Prestige® Card offers this benefit.
• Coverage: Up to $1,000 per claim. This amount will cover either the value of the phone or a similar replacement, minus a $50 deductible.
• Limits: Two claims (up to $1,500 in total coverage) per year.
• Requirements: You must pay your monthly cell phone bill with your Citi Credit Card.
• Duration: Coverage begins on the first day of the month after you pay your cell phone bill with your Citi Credit Card.

Keep in mind that you can file a claim by either calling (833) 763-6324 or through phonebenefit.com. You must report the claim within 90 days of the loss. Written proof of loss must be submitted within 120 days of the loss.

Ultimately, your options for getting a Citi credit card with cell phone insurance might be limited, but there are several credit cards on the market that come with this benefit. You can check out some good credit cards with cell phone protection to weigh your options.

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.

The Citi Simplicity Card does not have purchase protection. In fact, purchase protection has never been a Citi Simplicity Card benefit, since Citibank has always opted to put other perks on this card. This is pretty common, unfortunately. Only around half of the major credit card issuers still offer purchase protection on at least one of their credit cards.… read full answer

Although the Citi Simplicity Card doesn’t have purchase protection, applying could still make a lot of sense in the right situation. The Citi Simplicity Card has contactless pay and automatic account alerts. It also has an annual fee of $0.

If you’re set on finding a good credit card for purchase protection, consider checking out the Chase Sapphire Reserve or the Chase Freedom Flex. Both credit cards have great purchase protection coverage, according to the most recent WalletHub purchase protection study.