Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Smartphones are fragile and accidents can happen. Repairing or replacing your new phone could cost several hundred dollars or more. But you can avoid the cost of repairs or replacements with Wells Fargo credit card phone insurance.
Wells Fargo credit card phone insurance is a way to protect your phone against theft or damage without paying extra. If you pay your phone bill with your Wells Fargo personal credit card, you’ll be automatically covered for up to $600 per claim with a $25 deductible. You can make a maximum of two claims of up to $1,200 in a 12-month period.
Note that the Wells Fargo credit card phone insurance is not primary insurance. It functions as secondary insurance, meaning in an unfortunate event, you’ll first get reimbursement from primary insurances, like homeowner insurance or personal insurance, if you have it. Your Wells Fargo insurance comes next.
No. You must have proof of your damage or theft to file a claim. If the phone disappeared without explanation, you can’t file a claim. Also, if the phone is refurbished or resold, i.e. it’s not new, it may not be covered under the phone insurance.
To claim the benefits of Wells Fargo credit card phone insurance, provide the following documents:
Considering it doesn’t cost anything extra, paying your phone bill with your Wells Fargo credit card to get the insurance could be well worth it. Especially if you own an expensive smartphone.
Keep in mind that you won’t get coverage if you lose your phone. You also won’t get coverage if you’re renting or borrowing the phone, or if you get it in a package with a prepaid plan.
You’ll receive supplemental coverage, meaning you must make a claim with any personal insurance first before receiving any benefits. You’ll need to call your benefit administrator to make a claim. Then, you’ll need to complete a claim form and submit any requested documentation.
So, while it might take a bit of work to submit a claim, it could be worth it for cellular protection.
If you already own a Wells Fargo credit card, try to automate your phone bill payment with the card to get your insurance. If you don’t have such a card, consider applying for one.
Wells Fargo credit card phone insurance is a convenient way to get reimbursement against damage or theft of your phone without paying extra. Just make sure you pay your phone bill with a Wells Fargo credit card.
If you don’t find these cards appealing, compare other credit cards with phone insurance.
Get a line of credit with low closing costs — but you can’t apply online.
Navy Federal’s Visa Buxx card has no fees, but you must qualify for membership with the credit union.
A strong cashback card if you want to build your credit score.
We look for the following features when rating kids debit cards: monthly fees, features, availability, customer service, interest rate and more.
Access an intuitive app, wide coverage and few exclusions when Waffle’s car insurance drops in late July.
What you need to know to start building your retirement nest egg.
Wells Fargo just dropped a new 2% cashback card.
This insurance shopping tool compares 100+ companies and prefills your quote forms.
Most cash management accounts offer a combination of checking, savings and investing features.
Earn crypto on your purchases with these cards.
