3 ways to get free cell phone protection

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Is your credit card compatible with smartphones?

Key Point

• If your phone is lost or damaged, it can cost a lot of money to replace it.
• Some credit cards can protect your phone for free.
• To take advantage of this benefit, your credit card must be charged for your monthly phone bill.

It’s no secret that phones are expensive. In fact, according to Statista data, the average new smartphone price is now over $600. Also, if you tend to drop or damage your phone on a regular basis, it can really start to cost you repairs or replacements. I am choosing. However, you may be able to get free cell phone protection just by using the right credit card.

This benefit is usually buried in the fine print of the cardholder agreement, so many people are unaware of it. It’s worth doing a little digging because it could be.

3 cards with mobile insurance

If you have a credit card with free cell phone insurance, you may be unknowingly insured. Some cards, such as the Citi Prestige Card, offer this benefit automatically. If you are unsure whether you are eligible for coverage, please contact your credit card issuer or check your card agreement.

If you don’t have coverage, see these 3 credit cards:

All of these offer free cell phone protection to cardholders, so if you’re looking for a new card, they’re worth considering.

How to get and use cell phone protection

To take advantage of this benefit, monthly mobile phone bills must be charged to the credit card providing the service. This usually automatically enrolls you in insurance programs and provides coverage. However, be sure to read the policy terms and conditions to understand what is covered, what is not, and how the process works.

Once the cardholder is covered, they can claim the card issuer to reimburse the cost of repair or replacement if something happens to their phone, up to the limit of coverage. Please note that cardholders may be required to pay a deductible before coverage begins.

Cell Phone Protection Policy provides peace of mind if your phone is lost, stolen or damaged. If you’re looking for ways to save money on phone repairs or replacements, we recommend getting free insurance with these three credit cards.